Bestinfond € 95,839
B. Internacional € 19,6041
B. Bolsa € 35,3160
B. Mix. Internac. € 5,5681
B. Mixto € 19,6923
B. Renta € 11,3600
B. Global € 14,7841
B. Ahorro € 28,7764
B. Previsión € 11,7699
Hedge Fund € 95,8173
Synergy € 318,020
Data as of 29/07/2010
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      The fund invests 100% of its assets in international equities listed on any official market (except Spain), seeking undervalued companies with large long-term upside potential. Its scope of operation is broad, as it invests in companies of any size in any sector and country, which just one restriction: the security must be trading at a compelling discount to our valuation.

      It is an active managed mutual fund whose objective is to achieve maximum capital appreciation and minimal risk over the long term. Over the last ten years, this fund has achieved a total return of over 170%.

      Appropriate for investors wishing to invest in global equities with an investment horizon of at least 5 years.

    [FAQ]  "If Bestinver Internacional invests nearly 90% in European equities, shouldn’t the benchmark index be the Euro Stoxx instead of the MSCI?"
    BESTINVER INTERNACIONAL  HISTORICAL RETURNS 

    YEAR B. INTERNACIONAL MSCI WORLD INDEX
    1998 -14,13% 16,51%
    1999 47,87% 44,75%
    2000 18,39% -8,24%
    2001 16,59% -13,36%
    2002 -26,95% -33,02%
    2003 32,70% 8,83%
    2004 19,01% 4,71%
    2005 30,47% 23,95%
    2006 24,05% 5,51%
    2007 -4,61% -3,41%
    2008 -44,71% -39,08%
    2009 71,85% 23,02%
    29/07/2010 8,91% 5,87%
    Return since 1998 223,04% 2,58%
    All returns are expressed in euros and as net, excluding fees and commissions. Past returns do not guarantee future returns.
    BESTINVER INTERNACIONAL  PORTFOLIO 
    Percentage of investment in equities 94,03%
    Number of companies 53
    Average Market Cap 1.947.779.349
    Turnover 147,39%
    NAV 19,6041€
    Target Price 47,47 €
    DESCRIPTION %/PORTFOLIO
    BMW 9,12%
    WOLTERS KLUWER 7,01%
    THALES 6,11%
    CIR 5,89%
    SCHINDLER 4,95%
    DEBENHAMS 4,41%
    METALL ZUG 3,63%
    FUCHS PETROLUB 3,27%
    REXEL 3,25%
    VIRGIN MEDIA 3,16%

    Date: 30/06/2010
    BESTINVER INTERNACIONAL  DISTRIBUTION 
    Asset Allocation 30/06/2010
    Iberian Equities Global Equities Fixed Income TOTAL
    0,00% 94,08% 5,92% 100,00%
    Distribution by Companies 31/01/2009
    Big Caps Medium Caps Small Caps Micro Caps TOTAL
    22% 17% 40% 21% 100%
    Distribution Geografic
    SWITZERLAND 22,14%
    FRANCE 18,38%
    ITALY 16,02%
    GERMANY 13,26%
    HOLAND 9,64%
    CASH 5,92%
    UK 5,23%
    EEUU 4,41%
    BELGIUM 2,71%
    IRELAND 2,07%
    FINLAND 0,22%
    Distribution of Sector
    RETAILERS (GENERAL) 15,13%
    MULTI INDUSTRY 12,41%
    ENGINEERING & MACHINERY 10,53%
    MEDIA & ENTERTAINMENT 9,96%
    AUTOMOBILES 9,14%
    AEROSPACE & DEFENSE 8,25%
    CASH 5,80%
    CHEMICALS 3,86%
    APPLIANCES & HOUSEHOLDS 3,63%
    OIL & GAS 3,28%
    TELECOMMUNICATION SERVICES 3,17%
    TRANSPORTATION (ROAD & RAIL) 2,77%
    FOREST PRODUCTS & PAPER 1,93%
    HOLDING 1,46%
    AUTOMOBILES & PARTS 1,34%
    BUSINESS & PUBLIC SERVICES 1,33%
    INDUSTRIAL COMPONENTS 1,31%
    RECREATION & OTHER CONSUMER GOODS 1,14%
    CONSTRUCTION & BUILDING MATERIALS 0,95%
    FOOD & HOUSEHOLD PRODUCTS 0,78%
    BEVERAGES & TOBACCO 0,71%
    GENERIC 0,63%
    HOUSEHOLD GOODS & TEXTILES 0,18%
    LEISURE & HOTELS 0,16%
    MISCELLANEOUS-MATERIALS & COMMUNICATIONS 0,15%

    Date: 30/06/2010
    BESTINVER INTERNACIONAL  FACT SHEET 


    Download the fund's fact sheet in which you can find all the relevant information about the fund:

    Bestinver Internacional's fact sheet
    Morningstar Report Bestinver Internacional


    Download Adobe Acrobat here >>

    BESTINVER INTERNACIONAL  TRADE WITH THIS FUND 

    You can subscribe one of our funds at our offices. Alternatively, you can also do so by post or fax.

    Your first subcription cannot be carried out on-line.
    You must subscribe one of our funds in order to become a Bestinver customer.
    It's indispensable to enclose the Customer Knowledge Questionnaire to become a Bestinver customer.
    Once you are a Bestinver client you may carry out your operations via our website's Client Zone.

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    BESTINVER INTERNACIONAL  AWARDS AND RATING 
    2010 Expansión – Interactive Data 1st Spanish Equity Fund
    2010 Expansión – Interactive Data 1st Euro zone Equity Fund
    2003 Expansión - S & P 2nd Spanish Equity 3-Year Fund
    2002 Expansión - S & P 2nd Spanish Equity 1-Year Fund
    2002 Expansión - S & P 1st Spanish Equity 3-Year Fund
    2002 Lipper-Cinco Días 1st Spanish Equity Fund
    2001 Expansión - S & P 2nd Spanish Equity Fund


    MORNINGSTAR LIPPER STANDARD & POOR'S
    ***** 1 *****


    Morningstar:   0  to  5 stars. Considers all European funds.
    www.morningstar.es
    Lipper: De 1 (leader)  to  5.  Only considers funds registered in Spain.
    http://www.lipperweb.com/research/screener.asp
    Standard and Poors: De  0  to  5 stars. Only considers funds registered in Spain.
    www.funds-sp.com
    BESTINVER INTERNACIONAL  COMPARISON 


    AVERAGE ANNUAL SECTOR RETURNS
      15 Years 10 Years 7 Years 5 Years 3 Years
    Global equities 3,4% -1,8% n/a 0,8% -1,8%
    Data as of last month          
    AVERAGE ANNUAL BESTINVER RETURNS
      15 Years 10 Years 7 Years 5 Years 3 Years
    B.Internacional   8,4% 12,7% 6,5% -5,0%
    B.Renta   4,0% 3,3% 3,1% 1,4%
    BESTINVER INTERNACIONAL  LEGAL INFORMATION 


    Bestinver Internacional, Mutual Fund Management Regulations

    Bestinver Internacional Annual Accounts & Management Report

    Bestinver Internacional Prospectus

    Quarterly Report Q1 2009
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