This fund invests a
minimum
of 30% and a maximum of 75% in Spanish equities seeking undervalued
companies with high long-term upside, with the remainder in short-term fixed
income (Repos and Spanish Treasury Bills) issued by the government. The amount
invested in equities is determined by the opportunities which arise in the
Spanish stock market.
Active managed mutual
fund whose objective is to achieve sustained returns and minimal risk in the
medium and long term. Over the past
eleven years it has consistently
been the top ranked Spanish mixed funds by returns, with average returns in
double digits.
Appropriate for investors
wishing to invest in Spanish equities with an investment horizon of three to
five years.