Cobas Concentrados FIL
Investment philosophy
A boutique fund closely tied to the fund manager, Francisco García Paramés, whose replacement would lead to a change in investment policy.
More than 75% of total exposure will be invested in equities.
The non-equities portion will be invested in fixed-income assets, generally euro area sovereign issuers. The average duration of the fixed-income portfolio will be less than 18 months. Foreign exchange risk can range from 0% to 100% of total exposure.
Management objective
The management objective is to achieve satisfactory and sustained performance by applying a value investing philosophy, which identifies assets that are undervalued by the market but have a high upside.
This fund may be unsuitable for investors who expect to withdraw their money within seven years or less.
Cobas Concentrados FIL Clase A
126.166138 €
Net Asset Value
1.01%
Monthly Return
26.17%
YTD
-
Annualized Return
Cobas Concentrados FIL Clase B
158.212355 €
Net Asset Value
0.99%
Monthly Return
22.73%
YTD
17.65%
Annualized Return
Cobas Concentrados FIL Clase C
105.676159 €
Net Asset Value
0.97%
Monthly Return
22.45%
YTD
0.79%
Annualized Return
Cobas Concentrados FIL Clase D
187.376051 €
Net Asset Value
0.95%
Monthly Return
22.17%
YTD
18.18%
Annualized Return
Liquidative Date: 29-11-2024
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 management takes as a reference, for purely comparative purposes, the Bloomberg Europe Developed Markets Large & Mid Cap Net Return Index.
Cobas Concentrados FIL Clase A
26.17%
Since Inception-2.35%
1 month5.68%
6 months26.17%
1 yearCobas Concentrados FIL Clase B
58.21%
Since Inception-2.39%
1 month5.52%
6 months33.28%
1 yearCobas Concentrados FIL Clase C
5.68%
Since Inception-2.43%
1 month5.37%
6 months32.92%
1 yearCobas Concentrados FIL Clase D
87.38%
Since Inception-2.47%
1 month5.22%
6 months32.56%
1 year
Since Inception
1 month
6 months
1 year
Liquidative Date: 29-11-2024
| Clase B | Clase C | Clase D | Benchmark | |
|---|---|---|---|---|
| 2019 | - | 21.23% | - | 26.17% |
| 2020 | - | -30.89% | - | -3.62% |
| 2021 | - | 36.86% | 16.20% | 25.22% |
| 2022 | 13.93% | 17.92% | 17.24% | -9.62% |
| 2023 | 13.15% | 12.74% | 12.58% | 15.76% |
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 management takes as a reference, for purely comparative purposes, the Bloomberg Europe Developed Markets Large & Mid Cap Net Return Index.
Fund breakdown
Geographical breakdown
Resto de Europa
37.90%
Eurozone
36.00%
Estados Unidos
17.10%
Asia
7.50%
Otros
1.50%
Sector Breakdown
Oil & Gas Storage & Transportations
18.70%
Metals & Mining
16.80%
Industrial Conglomerates
11.90%
Energy Equipment & Services
9.70%
Pharmaceuticals, Biotechnology
8.30%
Oil & Gas Exploration & Products
8.00%
Fund Data - Cobas Concentrados FIL Clase A
Fundamental Data
Registration date
Bloomberg code
COBASCA SM
Management company
Cobas Asset Management SGIIC SA
Registered office
Paseo de la Castellana 53. Segunda planta. 28046 Madrid. España.
Depositary
BNP Paribas SA
Auditor
Deloitte Auditores SL
ISIN Code
ES0119166033
CNMV registration code
64
Fund Profile
Currency
EUR
Fund type
Legal form
F.I.L.
Investment style
Value
Morningstar category
n.d.
Asset manager(s)
Francisco García Paramés
Investment Profile
Minimum initial investment
100,000.00€
Minimum additional investment
20,000.00€
Management fee
1.00%
Custody fee
0.029%
TER
1.28%
Net asset value
Mensual
Redemption fee*
4%
Assets under management
*Refunded shares older than one year and less than 2 years old
Fund Documentation - Cobas Concentrados FIL Clase A
Fund Data - Cobas Concentrados FIL Clase B
Fundamental Data
Registration date
Bloomberg code
COBASCB SM
Management company
Cobas Asset Management SGIIC SA
Registered office
Paseo de la Castellana 53. Segunda planta. 28046 Madrid. España.
Depositary
BNP Paribas SA
Auditor
Deloitte Auditores SL
ISIN Code
ES0119166025
CNMV registration code
64
Fund Profile
Currency
EUR
Fund type
Legal form
F.I.L.
Investment style
Value
Morningstar category
n.d.
Asset manager(s)
Francisco García Paramés
Investment Profile
Minimum initial investment
100,000.00€
Minimum additional investment
20,000.00€
Management fee
1.25%
Custody fee
0.029%
TER
1.28%
Net asset value
Mensual
Redemption fee*
4%
Assets under management
*Refunded shares older than one year and less than 2 years old
Fund Documentation - Cobas Concentrados FIL Clase B
Fund Data - Cobas Concentrados FIL Clase C
Fundamental Data
Registration date
Bloomberg code
COBASCO SM
Management company
Cobas Asset Management SGIIC SA
Registered office
Paseo de la Castellana 53. Segunda planta. 28046 Madrid. España.
Depositary
BNP Paribas SA
Auditor
Deloitte Auditores SL
ISIN Code
ES0119166009
CNMV registration code
64
Fund Profile
Currency
EUR
Fund type
Legal form
F.I.L.
Investment style
Value
Morningstar category
n.d.
Asset manager(s)
Francisco García Paramés
Investment Profile
Minimum initial investment
100,000.00€
Minimum additional investment
20,000.00€
Management fee
1.50%
Custody fee
0.029%
TER
1.09%
Net asset value
Mensual
Redemption fee*
4%
Assets under management
*Refunded shares older than one year and less than 2 years old
Fund Documentation - Cobas Concentrados FIL Clase C
Fund Data - Cobas Concentrados FIL Clase D
Fundamental Data
Registration date
Bloomberg code
COBASCD SM
Management company
Cobas Asset Management SGIIC SA
Registered office
Paseo de la Castellana 53. Segunda planta. 28046 Madrid. España.
Depositary
BNP Paribas SA
Auditor
Deloitte Auditores SL
ISIN Code
ES0119166017
CNMV registration code
64
Fund Profile
Currency
EUR
Fund type
Legal form
F.I.L.
Investment style
Value
Morningstar category
n.d.
Asset manager(s)
Francisco García Paramés
Investment Profile
Minimum initial investment
100,000.00€
Minimum additional investment
20,000.00€
Management fee
1.75%
Custody fee
0.029%
TER
1.68%
Net asset value
Mensual
Redemption fee*
4%
Assets under management
*Refunded shares older than one year and less than 2 years old
Fund Documentation - Cobas Concentrados FIL Clase D
Learn about the fee structure of Cobas Concentrados FIL
Learn about the fee structure of Cobas Concentrados FIL
We firmly believe in the importance of rewarding the trust and loyalty of our investors. Therefore, we have implemented a fee structure that favors those participants who remain faithful to our long-term strategy. By reducing management fees based on tenure, we not only recognize the commitment of our investors, but also drive a more beneficial environment for better long-term returns.
We have implemented a fee structure that favors those participants who remain faithful to our long-term strategy. By reducing management fees based on tenure, we not only recognize the commitment of our investors, but also drive a more beneficial environment for better long-term returns.
