GVC GAESCO SMALL CAPS, FI Clase I
Investment policy
The key to its success lies in selecting Eurozone companies that meet specific conditions. Primarily, they are required to have a robust and distinctive business model. In some cases, they even maintain a significant international market share. Additionally, they should have a stable shareholding structure and the ability to sustain profitable and sustainable growth over time.Next, the selected companies undergo fundamental valuation, with investment focused on those that offer a higher discount. The overall goal of the Fund is to maximize the fundamental discount of the portfolio. This discount is continuously monitored. Many of the companies the Fund invests in have the potential to be acquired at much higher prices than their current market value.
The geographical and sectoral weightings are determined by stock picking, making the approach bottom-up. Understanding the liquidity of the companies in the Fund is crucial, and regular liquidity tests are conducted.
The Fund will remain continuously invested, with a minimum of 85% of its assets in Equities. It can invest in derivative instruments traded on organized markets and over-the-counter (OTC) markets for hedging and investment purposes. (*Amendment to investment policy as of 01/04/1999.) (**Starting from February 5, 2016, this Fund has acquired the status of a subordinate (Feeder) Fund for the Luxembourg-based Pareturn GVC Gaesco Euro Small Caps Equity Fund (Master) managed by GVC Gaesco Gestión SGIIC.)
Class I
FactsheetLegal documentation
*Total return for calendar year (from January 1st to December 31st).
Legal notice: A complete report of each Investment Fund is available on the website with information concerning, among others, historical returns obtained prior to a substantial change in the investment policy of the IIC, series of annualized historical returns, detail of the risks associated with the investment in IIC, etc. Investment funds involve certain risks (market, credit, liquidity, currency, interest rate, etc.), detailed all of them in the Prospectus and in the Key Investor Information (KII) document. The nature and scope of the risks will depend on the type and particular features of the fund, the currency, and the assets in which the equity is invested. Consequently, the choice among different types of funds should be made considering the return expectations and investment time horizon as well as the willingness and ability to take risks of the investor.
The information contained on the website is for information purposes only and does not constitute an offer of products and services, nor a recommendation or offer to buy or sell securities or any other investment product, nor a contractual component. Nor does it imply legal, fiscal, or other advice and its content should not serve the user to make decisions or make investments. Investment funds can be high-risk products, not suitable for all clients. Therefore, they do not intend to persuade the user to inappropriate operations by making services or access available to operations and markets that do not match to the user’s risk profile. Past performance is no guarantee of future results. Taxation of yields obtained by unitholders shall depend on the tax legislation applicable to their personal situation and may vary in the future.
