Azvalor Internacional FI is a fund designed to be invested entirely in undervalued equity assets listed on the global markets for investors with a long-term investment horizon. Its portfolio mainly comprises European companies listed on secondary markets, individually selected, without preference towards company size, sector or country. It can also have 35% of the total exposure invested in issuers markets of emerging countries. In any case, regardless of the address of the companies where it’s invested, it has a global exposure through the income of its businesses.
This fund follows the Value Investment philosophy, which means buying, with a long term vision, companies at a price below their intrinsic value. The objective is to obtain a satisfactory return, sustained over time.
The exposure to currency risk will be 0-100% of the total exposure and it will not invest in derivative instruments.
The fund’s management objective is to achieve a sustained and satisfactory profit over time, making this fund suitable for investors that have no short-term liquidity needs and with a long-term investment horizon.
