Surnepensión Cobas 50/50
Fund Investment philosophy
It will invest between 30% and 55% of the assets in equities and the remainder in fixed income assets.
It will invest in equities of all capitalisations and sectors, mainly in OECD issuers/markets, with up to 40% of the total equity exposure to emerging market issuers/markets.
Fixed income will be mainly public but also private.
Currency risk will be 0-50% of total assets.
Derivative financial instruments, traded and not traded on organised derivatives markets, may be used for hedging purposes, in accordance with the terms established by the legislation in force.
Management objective
The management objective is to build up capital to cover the contingencies of retirement, disability in its different degrees, severe or great dependence and death of the Participant or Beneficiary, applying an investment philosophy based on value investing, selecting assets that are undervalued by the market and have a high potential for revaluation.
Surnepensión Cobas 50/50
114.655296 €
Net Asset Value
0.45%
Daily Return
5.60%
YTD
3.18%
Annualized Return
Liquidative Date: 22-4-2024
The classes of this investment fund share the same investment portfolio, differing only in the management fee applied, which varies depending on the seniority of the participant.
Historic Performance
Past returns do not presuppose future returns. Investment in equities can lead to losses of the capital invested, and is not recommended for time horizons of less than 5 years. The vehicle does not have any reference index in its management.
Surnepensión Cobas 50/50
14.66%
Since Inception1.54%
1 month10.37%
6 months9.89%
1 year
Since Inception
1 month
6 months
1 year
Liquidative Date: 22-4-2024
| Plan | |
|---|---|
| 2019 | 0.00% |
| 2020 | -10.89% |
| 2021 | 15.17% |
| 2022 | -1.36% |
| 2023 | 7.33% |
Past returns do not presuppose future returns. Investment in equities can lead to losses of the capital invested, and is not recommended for time horizons of less than 5 years. The vehicle does not have any reference index in its management.
Fund Data - Surnepensión Cobas 50/50
Fundamental Data
Registration date
Bloomberg code
n.d.
Management company
Cobas Pensiones, SGFP, S.A / Surne Mutua de Seguros y Seguros a Prima Fija
Registered office
C/ Cardenal Gardoqui 1, Bajo. 48008 Bilbao. España.
Depositary
Bankinter SA
Auditor
PFK ATTEST
Plan code
25
EPSV code
151-V
Fund Profile
Currency
EUR
Fund type
Legal form
EPSV
Investment style
Value
Morningstar category
n.d.
Asset manager(s)
Francisco García Paramés / Surne Mutua de Seguros y Seguros a Prima Fija
Investment Profile
Minimum initial investment
n.d.
Minimum additional investment
n.d.
Management fee
1.60%
Custody fee
0.35%
Net asset value
Diario
Assets under management
