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TORDESILLAS IBERIA

Luxembourg funds

Description

IBERIA Strategy was launched in October 2009. Tordesillas Iberia Fund is a “Long Only” fund of active management that invests in Spanish and Portuguese companies with the possibility of investing up to 20% of its capital in other listed companies (usually foreign subsidiaries). The fund will focus on the selection of undervalued securities, regardless of their size or sector, with the aim of winning the benchmark.

Objetive

The Fund seeks to achieve capital appreciation while protecting the portfolio from down-trends by actively making use of its ability to raise cash in order to manage market exposure. The fund will not trade on derivatives of any kind.

The benchmark used to evaluate relative performance is 90% Ibex35, composed by a selection of stocks (typically the highest market cap companies) in Spain and 10% PSI20 composed of the 20 largest companies in Portugal.

Manager

Ricardo Seixas.

Features

Success Commission: 15% on Benchmark
Custodian & amp; Administrator:Edmond de Rothschild Group
Auditor: Pricewaterhouse Coopers

Class A

LU0563745743

1,000 Euros
Managment commission 1.75% anual
Release date: 28/10/2013

05/02/2020

NAV MTD YTD 1Y 3Y 5Y SI
14.32 8.78% 0.36% 8.58% 21.07% 22.72% 43.15%

Class I

LU0563745826

150,000 Euros
Managment commission 1.25% anual
Release date: 06/12/2010

05/02/2020

NAV MTD YTD 1Y 3Y 5Y SI
17.58 9.46% 0.41% 9.25% 22.71% 25.84% 75.80%

Class Z

LU1753724316

1,000 Euros
Managment commission 1.00% anual
Release date: 26/04/2018

05/02/2020

NAV MTD YTD 1Y 3Y 5Y SI
10.20 9.37% 0.43% 9.16% - - 2.03%

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