GVC GAESCO RENTA VALOR, FI Clase A

Investment policy
The Fund may invest in all types of financial assets that pay coupons, dividends, or income, preferably with high yields. Equities: It will have a maximum exposure to Equities of 15%. Defensive Equities with sustainable high dividends over time. High Yield, Governmental, Corporate, and Hybrid Debt: Up to 20%. Diversified deposits without the limitations imposed on individuals: Up to 40%. Loans, Funds, and Others: Up to 25%. There will be no rating restrictions, and investments in any appealing issuance are possible. The objective is to seek value, which is found in assets that are fundamentally undervalued. There are two different classes with distinct ISIN codes: one accumulation class and one distribution class. Two net asset values are provided. Class A: Accumulation. Class B: Distribution. Quarterly (March, June, September, and December), any excess net asset value above 101 will be distributed. Initial Value 100. The accumulation class, as the name implies, does not distribute dividends, income, or coupons. The return is accumulated within the fund and reflected in the net asset value. However, participants can opt for a quarterly return of 1% (4% annual nominal) in the form of a redemption at the time of subscription, using one of the following two methods: Partial redemptions: Participants can order a quarterly transfer of units to another investment fund (optimizing tax benefits as it is not taxable). The amount to be transferred will be equivalent to 1% of the investment (4% annual nominal). Partial sales: Participants can order a quarterly partial sale of units of the fund equivalent to 1% of the investment (4% annual). In this case, taxation will only be applied to the percentage of gain associated with the amount being sold. The order can be placed at the time of subscription. The distribution class, as the name implies, distributes dividends quarterly, with an amount equivalent to the generated return in the period, measured as the excess of the net asset value over the level of 101. If no return is generated, the fund will not distribute dividends. In this case, 100% of the distributed amount under the "dividend" concept will be subject to Capital Income Tax.
Class A
Category
Euro Blended Fixed Income
Risk Profile
2
Managing Company
GVC Gaesco Gestión, SGIIC, SA
Custodian
BNP Paribas Securities Services
Launch Date
17/05/2013
Net Asset Value
114,7026 (17/07/2024)
Benchmark Index
15% MSCI Europe High Dividend Yield Index + 85% Euribor a 1 year + 100 pb
Currency
EUR
ISIN
ES0143629006
Bloomberg
GVGRVFA SM Equity
Liquidity
Daily
Min. Investment
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.