Management fee: 1%
Minimum initial investment: 10 euros
Currency: Euro
Platforms: Available for contracting at Inversis and Allfunds
Currency risk: None, all investments are denominated in euros.
ISIN code: ES0107696132
Access and liquidity:
The fund can be purchased from accounts opened in most financial institutions in Spain, with daily liquidity, which facilitates the purchase and sale of shares.
OTHER DATA OF INTEREST
This solidarity and impact investment fund donates 0.50% of its total assets annually to the Casa Sacerdotal San Carlos de Zaragoza. It invests in megatrends, both in fixed and variable income, that underpin the growth of humanity. To do so, it selects other investment funds that meet the criteria of sustainability, environmental care, social impact and good corporate governance when choosing the values in their portfolios.
Promoter and Donation
The main subscriber of the investment fund is the Archbishopric of Zaragoza and it is progressively opening up to subscriptions from other participants with financial sensitivity linked to the management approach (major global growth trends) and its social vocation (ESG and impact) endorsed by the annual donation of 0.50% of the total assets to the Casa Sacerdotal San Carlos de Zaragoza (retirement home).
Since its inception, the fund has recorded the following returns:
2023: +3.64%
2022: -8.60%
Since 31/12/2023: +3.22%
The fund is benchmarked against the MSCI World ESG Universal (for equities) and MSCI Global Green Bond Index (for fixed income) indices, ensuring it aligns with best practices in sustainability and growth.
Historical returns:
Profitability in the last year: +4.95%
Profitability in 2022: -8.60% Cumulative profitability in 2024: +3.88% (as of August 29, 2024)
PROFITABILITY AND EVOLUTION
In 2024, equity markets have been robust, with notable growth in sectors such as Artificial Intelligence and Energy Transition. However, fixed income has presented challenges due to fluctuations in interest rates. Expectations are that 10-year rates will gradually decline towards the end of 2024, which may lead to a recovery in the fixed income segment.
MARKET: ASSET PERFORMANCE
Equities: Investments in megatrends have exceeded expectations, with outstanding results in key sectors ( RobecoSAM Sustainable Water Equities +10.93% return; Natixis Themat AI & Robotics +19.87% return)
Fixed Income: Exposure to corporate and sovereign bonds has allowed for some stability, although expectations of rate cuts have affected the performance of some assets.