COMPARE
RETURNS VS SECTOR AVERAGE
|
AVERAGE ANNUAL SECTOR RETURNS
|
|
|
15 Years
|
10 Years
|
7 Years
|
5 Years
|
3 Years
|
1 Year
|
|
European equities
|
6,2%
|
-3,0%
|
n/a
|
3,1%
|
-6,8%
|
33,2%
|
|
Global equities
|
3,7%
|
-1,2%
|
n/a
|
1,5%
|
-0,7%
|
6,5%
|
|
Spanish equities
|
9,2%
|
1,6%
|
n/a
|
6,9%
|
-4,2%
|
32,2%
|
|
Mixed equities
|
4,8%
|
-0,1%
|
n/a
|
3,0%
|
-2,7%
|
14,8%
|
|
Mixed fixed income
|
3,9%
|
1,6%
|
n/a
|
2,4%
|
0,7%
|
6,4%
|
|
Data as of last month
|
|
|
|
|
|
Source: Inverco
|
|
AVERAGE ANNUAL BESTINVER RETURNS
|
|
|
15 Years
|
10 Years
|
7 Years
|
5 Years
|
3 Years
|
1 Year
|
|
Bestinfond
|
16,8%
|
14,2%
|
14,8%
|
6,4%
|
-4,7%
|
71,8%
|
|
B.Internacional
|
|
9,0%
|
15,6%
|
5,8%
|
-4,2%
|
84,0%
|
|
B.Bolsa
|
|
15,1%
|
15,8%
|
7,6%
|
-5,0%
|
45,2%
|
|
B.Mixto
|
|
11,2%
|
10,9%
|
5,6%
|
-2,3%
|
33,8%
|
|
B.Renta
|
|
4,0%
|
3,7%
|
3,2%
|
2,0%
|
7,1%
|
|
Data as of
|
08/03/2010
|
|
|
|
|
Source: Bestinver
|
All returns are expressed in euros and as net, excluding fees and commissions. Past returns do not guarantee future returns.
All redemptions of our funds prior to one year are liable to a
redemption fee.
COMPARE
RETURNS VS OTHER EQUITY SPANISH FUNDS
|
SPANISH EQUITY MUTUAL FUNDS PERFORMANCE SINCE 1998
|
|
BESTINVER BOLSA
|
386,01%
|
Bestinver
|
|
METAVALOR
|
159,33%
|
Metagestión
|
|
FONBILBAO ACCIONES
|
140,19%
|
Seguros Bilbao
|
|
FIDELITY FNDS-IBERIA FUND A*
|
134,95%
|
Fidelity Fund Management
|
|
CREDIT SUISSE BOLSA
|
131,29%
|
Credit Suisse Gestión
|
|
BANKPYME IBERBOLSA
|
121,28%
|
Bankpyme SA SGIIC
|
|
EDM INVERSIÓN
|
120,17%
|
EDM Gestión
|
|
BBVA BOLSA PLUS
|
113,64%
|
BBVA Gestión
|
|
MADRID BOLSA OPORTUNIDAD
|
105,92%
|
Gesmadrid
|
|
BANKOA BOLSA
|
|
94,63%
|
Bankoa Gestión SGIIC SA
|
|
IGBM (Madrid Stockmarket Index)
|
|
81,73%
|
Benchmark
|
|
IBEX-35
|
|
52,69%
|
Benchmark
|
|
Data as of:
|
08/03/2010
|
|
Source: Bestinver & Bloomberg
|
Funds distributed in Spain
COMPARE
RETURNS VS OTHER GLOBAL EQUITY FUNDS
|
EQUITY GLOBAL FUNDS PERFORMANCE SINCE 1998
|
|
CARMIGNAC INVESTISSEMENT
|
|
|
323,84%
|
Carmignac Gestion SA
|
|
SOCGEN INTERNATIONAL SICAV
|
|
|
224,30%
|
Societe Generale
|
|
BESTINVER INTERNACIONAL
|
|
|
202,12%
|
Bestinver Gestión SA SGIIC
|
|
BLACKROCK GLOBAL FUND - GLOBAL OPPORTUNITIES
|
|
|
87,39%
|
BlackRock Investment Management
|
|
DWS INVEST GLOBAL EQUITIES LC A
|
|
|
78,01%
|
DWS Investment GmbH
|
|
M&G INTERNATIONAL GROWTH
|
|
|
50,80%
|
M&G Group
|
|
BBVA DESARROLLO SOSTENIBLE
|
|
|
47,70%
|
BBVA Gestión SA SGIIC
|
|
PIONEER FUND - GLOBAL ECOLOGY
|
|
|
43,37%
|
Pioneer Asset Management S.A.
|
|
BANKPYME MULTI TOP FUND
|
|
|
29,79%
|
Bankpime SA SGIIC
|
|
GLG PERFORMANCE FUND A
|
|
|
29,30%
|
GLG
|
|
S&P 500
|
|
|
17,32%
|
Benchmark
|
|
MSCI WORLD INDEX
|
|
|
2,37%
|
Benchmark
|
|
Data as of
|
08/03/2010
|
|
|
Source: Bestinver & Bloomberg
|
Funds distributed in Spain
COMPARE
COMPARE FEES & COMMISSIONS
|
MUTUAL FUNDS
|
|
SECTOR fees (%)
|
BESTINVER fees (%)
|
|
TYPE
|
FEE
|
BESTINVER FUND
|
FEE
|
|
European equities
|
1,81
|
Bestinfond
|
1,79
|
|
Global
|
1,77
|
B. Internacional
|
1,79
|
|
Iberian equities
|
1,69
|
B. Bolsa
|
1,79
|
|
Global Mixed equities
|
1,35
|
B. Mix. Internac
|
1,54
|
|
Iberian Mixed equities
|
1,79
|
B. Mixto
|
1,54
|
|
Mixed fixed income
|
1,40
|
B. Renta
|
0,53
|
|
PENSION FUNDS
|
|
SECTOR fees (%)
|
BESTINVER fees (%)
|
|
TYPE
|
FEE
|
BESTINVER FUND
|
FEE
|
|
Equities
|
2,03
|
B. Global
|
1,79
|
|
Mixed equities
|
2,03
|
B. Ahorro
|
1,54
|
|
ST fixed income
|
1,11
|
B. Previsión
|
0,55
|
|
Source: Inverco
|
|
|
Data as of December 2007
|
Fees = Management Fee + Deposit Fee
What fees and commissions does Bestinver
charge to manage my capital? , Why
do Bestinver’s funds have a redemption fee?
COMPARE
RETURNS VS FEES
|
MAIN ASSET MANAGEMENT COMPANIES RANKING
|
|
Expressed in %
|
Total Weighted Returns*
|
Weighted Returns
|
Fees/Performance
|
|
Bestinver
|
0,8694
|
15,53
|
5,59
|
|
Caja España
|
0,567
|
1,79
|
31,63
|
|
Mapfre
|
0,9073
|
3,04
|
29,80
|
|
BBVA
|
0,61
|
2,25
|
27,08
|
|
Kutxa
|
0,6411
|
2,4
|
26,65
|
|
Caja Madrid
|
0,5107
|
1,92
|
26,52
|
|
Santander
|
0,636
|
2,52
|
25,21
|
|
Barclays
|
0,74
|
2,93
|
25,15
|
|
BBK
|
0,6775
|
2,75
|
24,62
|
|
Popular
|
0,66
|
2,71
|
24,45
|
|
CAM
|
0,4921
|
2,03
|
24,15
|
|
Ibercaja
|
0,6687
|
2,77
|
24,12
|
|
Ahorro
|
0,52
|
2,17
|
23,88
|
|
La Caixa
|
0,8324
|
3,99
|
20,82
|
|
Sabadell
|
0,5037
|
2,55
|
19,72
|
|
Caixa Catalunya
|
0,3999
|
2,13
|
18,77
|
|
UBS
|
0,5499
|
3,3
|
16,62
|
|
Bancaja
|
0,44
|
2,72
|
16,12
|
|
Morgan Stanley
|
0,5484
|
4,26
|
12,86
|
|
Bankinter
|
0,41
|
3,38
|
12,06
|
|
Total Funds
|
0,5902
|
2,88
|
20,47
|
*TER, expressed in % of capitalSource: Cinco Días 21/10/2007
