Investment policy
The Fund employs quantitative techniques to identify securities trading at a significant discount compared to their fundamental value. This allows the Fund to overweight these securities. The fundamental discount of the securities is calculated, and the life cycle of this discount is monitored. The goal is to maximize the overall fundamental discount of the portfolio at any given time. The Fund has very low turnover. A security will be subject to redemption when its fundamental value is reached. Similarly, if a better opportunity arises in terms of discount and potential in the market, it will be added to the portfolio.
The Fund can also engage in trading futures, options, and derivative financial instruments on organized markets and over-the-counter (OTC) for hedging and investment purposes. A minimum of 85% of its assets will be invested in such activities.
Class A
International Equity
Risk Profile
Managing Company
GVC Gaesco Gestión, SGIIC, SA
BNP Paribas Securities Services
Launch Date
Net Asset Value
5,5020 (29/02/2024)
Benchmark Index
Dow Jones Europe STOXX
Min. Investment

*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.