Producto

Azvalor Blue Chips FI eng

A signature fund comprised of well-run global companies with high market capitalisation and a strong and comprehensible business model

Azvalor Blue Chips FI is a fund created for the purpose of variable income investing, principally in international companies, with at least 75% of this exposure in companies with high market capitalisation (minimum 3,000 million Euros), with prospective appreciation over the long and medium term and without preference for a particular sector or country. The rest of the variable income exposure will be invested in companies with prospective medium and long-term appreciation, without restrictions on their capitalisation. It will be principally invested in OECD issuers/markets with the possibility to invest up to 35% of the total exposure in issuers/markets in emerging countries.

This fund follows the “Value Investing” philosophy which is based on the identification of under-valued companies with a sound and comprehensible business, sustainable competitive advantages over time and high Returns on Capital Employed (ROCE), led by strong management teams and whose intrinsic value is not reflected in their share price. It aims to turn short-term market irrationality to its advantage, using volatility as an opportunity, with the conviction that, with patience and in the long term, the market will recognise their value. This fund is closely connected to its managers, Álvaro Guzmán de Lázaro and Fernando Bernad, whose substitution would imply a change in the investment policy. In time, the market will recognise its value.

Gestores
Álvaro Guzmán de Lázaro, CFA CEO and Investment Co-director
Fernando Bernad, CFA Investment Co-director
Documentos y descargas
PERFORMANCE

0.18%

Desde origen hasta 15/01/2019

100.18 €

Valor liquidativo

-0.34 %

Cambio del día

3.72 %

En el año

2018

2017

2016

0.18 %

Desde el origen

1.93 %

1 mes

-7.84 %

3 meses

-6.94 %

6 meses

-7.08 %

1 año
Ficha del Producto
Isin

ES0112609005

Categoría del fondo

International Variable Income

Suscripción mínima

€5,000 (€500 for individuals aged under 23)

Depositario

BNP PARIBAS Securities Services Spain Branch

Comisión de gestión

1.8%

Benchmark. Evolución de 100 € invertidos
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Benchmark: MSCI World Index

Managers use the behaviour of the global MSCI World Index as a reference, which is developed by Morgan Stanley Capital International and comprises high market capitalisation stocks traded on the markets of 24 developed countries.