Product

Azvalor Value Selection SICAV

Azvalor Value Selection SICAV invests in undervalued global equities for investors with a long-term investment horizon.

Currently invests an 80% International Portfolio and 20% Iberian Portfolio (this weighting may vary according to investment opportunities, at the managers’ discretion).

This Sicav follows the “Value Investing” philosophy which consists on buying, with a longterm vision, companies at a price below their intrinsic value (margin of safety). The management objective is to ensure sustained profitability over time.

Recommendations:

  • Azvalor Value Selection SICAV is suitable for patient investors with no liquidity needs in the short-term and whose investment horizon is more than five years. The valuation of the investment will suffer variations due to the volatility of markers and could temporarily fall below the amountinitially invested. Past performance is not indicative of future results.
Managers
Álvaro Guzmán de Lázaro, CFA CEO and Co-director of Investment
Fernando Bernad, CFA Investment Co-director of Investment
Files and downloads
Performance

318.3%

Since inception to 10/10/2019

39.8 €

Net asset value

-0.5 %

Day change

-1.07 %

YTD

-11.61 %

2018

4.17 %

2017

5.76 %

2016

318.3 %

Since inception

-3.86 %

1 month

-8.72 %

3 months

-13.74 %

6 months

-10.72 %

1 Year
Fact sheet
Isin

ES0126841032 (single class, currency €)

Fund category

Global Equity

Estate

EUR 58,200,000

CNMV registration date

31/03/16

Number of shareholders

405

Minimum subscription

1 share

Custodian

BNP PARIBAS Securities Services Spanish Branch

Management fee

1.8% per annum

Benchmark. Evolution of 100€ invested
loading

An average weighted according to the average degree of investment of the performance of the MSCI Europe Total Return index (80%), the Madrid Stock Exchange Total Return Index (ITGBM) (15%) and the Portuguese PSI20 Total Return index (5%).