Quarterly updates

11/05/2021

Azvalor Managers FI: Update (May 2021)

Dear co-investor, Azvalor Managers returned +24.6% in the first quarter of 2021. From the trough in March 2020 (when NAV […]

26/04/2021

Quarterly letter 1Q2021

Dear co-investor: First and foremost, we sincerely hope that you and your families are well. After some difficult months for […]

25/01/2021

Azvalor Managers FI: Update (January 2021)

Dear co-investor, On this fund, each Manager tries to avoid the constant headline noise, focusing efforts on investing in companies […]

14/01/2021

Quarterly letter 4Q2020

Dear co-investor: Our International, Iberian and Blue Chips funds continued to have a positive performance through the fourth quarter (+24%, […]

21/10/2020

Quarterly letter 3Q2020

Dear co-investor: During this last quarter, the Azvalor Internacional and Azvalor Blue Chips funds have consolidated their strong performance recorded […]

07/08/2020

Quarterly letter 2Q2020

Dear co-investor: At the end of the second quarter, our funds have recovered much lost ground from the lows hit […]

09/06/2020

Azvalor Managers FI: Update (June 2020)

Dear co-investor, First of all, I sincerely hope that you and your relatives have handled the situation of these last […]

01/06/2020

Quarterly letter 1Q2020

Dear investor, The tables below show our funds’ performance in the first quarter of 2020.The individual return of each investor […]

18/03/2020

Azvalor Managers FI: Update (March 2020)

Dear co-investor, Firstly, I sincerely hope that you, your relatives and friends are coping with the challenging situation we are […]

12/02/2020

Quarterly letter 4Q2019

  Dear Investor, In 2019, Azvalor International and Azvalor Iberia produced 5.5% and 1.9% returns, performing under their respective indexes. […]

08/01/2020

Azvalor Managers FI: Update (January 2020)

Dear investor, First of all, I would like to thank you for your interest and trust in Azvalor Managers. The […]

14/11/2019

Quarterly letter 3Q2019

Dear investor, The main reason for writing a letter to our investors is to illustrate how we work to deliver […]