TRAMONTANA RETORNO ABSOLUTO AUDAZ, FI

Investment policy
The fund's management objective is to achieve a return higher than the one-year Eonia rate plus 500 basis points with an annualized volatility lower than 20% and an average annualized volatility, under normal circumstances, of 13%. The fund will employ opportunistic and fundamental management techniques rather than "behavioral finance" and will utilize quantitative approaches. Therefore, investments may be made based on short- and medium-term opportunities, such as significant valuation discounts in markets, issuers in accelerated placement processes of company packages, initial public offerings (IPOs), etc. The fund invests in both national and international Fixed Income and Equity assets issued by public or private entities from any country, mainly from OECD member countries. There are no limits in terms of market capitalization for the Equity portion, nor are there predefined credit quality limits for the Fixed Income portion, which can include high-quality (A- or higher), medium-quality (between BBB- and BBB+), or low-quality (BB+ or lower, up to a maximum of 30%) credit ratings. The fund may also invest in derivative financial instruments traded on organized markets and over-the-counter (OTC) with the purpose of both hedging and investment.
Category
Absolute Return
Risk Profile
5
Managing Company
GVC Gaesco Gestión, SGIIC, SA
Custodian
Santander Securities Services, S.A.
Launch Date
20/02/2015
Net Asset Value
93,7201 (29/02/2024)
Benchmark Index
EONIA (Euro OverNight Index Average) 500bp
Currency
EUR
ISIN
ES0179692001
Bloomberg
*
Liquidity
Daily
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.