SAPPHIRE ABSOLUTE, FI Clase A

Investment policy
Ninety-five percent of the portfolio will be invested in suitable financial collective investment undertakings (Spanish IICs), whether harmonized or not, belonging to the management company's group or not, primarily located in the Eurozone. A minimum of 70% will be invested in absolute return funds, while diversification will occur across a wide range of Spanish IICs, albeit with the potential for a significant concentration in one Spanish IICs (up to 20%). Up to a maximum of 30% will be invested in self-managed funds that typically focus on equities and are of Spanish origin, demonstrating lower volatility compared to the typical stock market. The remaining portion of the portfolio not allocated to Spanish IICs will be invested in sight deposits and money market instruments not traded on organized markets, with no specified credit quality. The average duration will be less than 2 years.
Class A
Category
Absolute Return
Risk Profile
3
Managing Company
GVC Gaesco Gestión, SGIIC, SA
Custodian
BNP PARIBAS
Launch Date
08/11/2018
Net Asset Value
8,5599 (29/02/2024)
Benchmark Index
Euribor per week + 300 p.b.
Currency
EUR
ISIN
ES0173839004
Bloomberg
GVCSABA SM Equitity
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.