PARETURN GVC GAESCO ABSOLUTE RETURN FUND I (EUR)

Investment policy
The objective of the Sub-Fund PARETURN GVC GAESCO ABSOLUTE RETURN FUND is to generate a stable return investing in different financial markets using a multistrategy approach avoiding the big markets drawdowns. The benchmark of the Sub-Fund is weekly EURIBOR plus 2% on a yearly basis. There will be no copyright fee paid by the Delegate Manager. The Sub-Fund is using different strategies of different nature. It is a multistrategy absolute return fund that wants to take advantage of behavioural finance inefficiencies. It might use relative value strategies and opportunistic strategies at the same time. Each strategy has a limited and fixed weight within the Sub-Fund. The Sub-Fund can invest in equities, currency futures, equity index futures, volatility equity index futures, equity index options, UCITS funds, openended ETFs, bonds, monetary market instruments including bank deposits. Regarding the equity assets, there is not any limit by market capitalization; they can be large, mid or small caps. There is not any style bias, they can be more value or more growth oriented. They have not any geographical restriction. All derivatives used will be organized derivatives. Regarding the fixed income assets, the Sub-Fund can invest in both, public and private issuers only located in OECD countries. Up to 20% of the fixed income portfolio can be invested in high yield or non rated bonds. The demaining 80% will be Investment grade by S&P, or equivalent (Minimum rating BBB-). The maximum duration of the fixed income portfolio is 7 years.
Class I
Category
Absolute Return
Risk Profile
4
Managing Company
GVC Gaesco Gestión, SGIIC, SA/ Waystone Management Company (Lux) S.A.
Custodian
BNP Paribas Securities Services, Sucursal Luxemburgo
Launch Date
03/03/2016
Benchmark Index
Euribor week + 200pb
Currency
EUR
ISIN
LU1144807119
Bloomberg
PAGARTI LX
Liquidity
Daily
Management Fee
0,75% + 7% éxito
Min. Investment
10 €
Other available types

*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.