The Bestinver Hedge Value Fund seeks to generate
long-term capital appreciation
by investing in global equity markets (focused primarily on Europe) through a
concentrated
portfolio.
The Fund´s objective is to
find
well-managed,
understandable and
undervalued businesses
with large long-term
upside potential, while profiting from short-term
market inefficiencies by investing in the long term.
The portfolio is built on
a stock-by-stock selection basis avoiding market timing, with no sectorial or
size limitations and with the
goal of increasing its potential on a daily basis,
swapping companies with less upside for others with more, factoring in the time
needed to analyse the company.
The Fund may use
financial
leverage sparingly as a reasonable way of increasing returns. However,
levels will vary, increasing significantly during market drops to buy very
undervalued stocks.