Choose your investment fund
We offer you a wide range of investment funds, adapted to all risk profiles and managed by qualified professionals. Access the main financial markets and benefit from immediate liquidity and interesting taxation.
Performance and taxation of investment funds
Performance of the investment funds
Among the different factors that have an impact on the performance of investment funds is the fund's investment policy and the investment's time horizon. Before deciding on which fund to invest in, it is important to know the expectations we have as investors, the level of risk we are prepared to assume and our time horizon. To find out whether a fund adapts to our objectives, it is important to analyse its brochure and Key Investor Information Document (KII).
Taxation of investment funds for natural persons
The sale of investment fund shares receives the tax treatment of capital gains or losses, the gains obtained are taxed in the taxable income base of savings of Personal Income Tax. The capital gain or loss will be calculated by subtracting the sale or transfer value from the acquisition or purchase value.
The transfer of shares is carried out using the FIFO method, it is considered that the first transfers correspond to those acquired by the customer first. They are subject to a 19% withholding on the capital gains generated.
Capital gains may be offset by losses that are shown by sales of shares in other investment funds, shares and/or real estate, and if positive, they will be included in the savings base, taxed at the corresponding rate.
Taxation of investment funds for natural persons
If the investment holder is a legal entity, he/she is taxed for Corporation Tax.
Tax treatment must be applied at the time of reimbursement of the shares due to the difference between the sale value and the acquisition cost. At the time of reimbursement of the investment fund's shares, they are subject to a withholding rate of 19% on the capital gains.
Transfers between investment funds
Transfers between investment funds of natural persons resident in Spain are not subject to withholding tax and are not taxed until the final reimbursement occurs.
Undoubtedly one of the main attractions of investment funds is that the transfer between different investment funds does not entail any tax implications due to the latent capital gain, so it will only be necessary to pay tax at the time of the final redemption, when the money is available.
If a customer has shares in a fund of any financial institution and wishes to transfer them to an investment fund marketed by Catalana Occidente Capital, Agencia de Valores, S.A. (hereinafter CO Capital AV), this transfer will be exempt from taxation and the purchase value, the age of the investment and the tax advantages already acquired will be retained.
Non-resident tax residents in Spain and legal persons cannot make transfers between investment funds.
Practical information
Occident GCO Capital, Agencia de Valores, S.A.U., (hereinafterOccident Capital, A.V.) authorised by the CNMV with registration number 212, is a company of GCO, a leading company in the insurance sector, with a high level of solvency and extensive implementation throughout the country. Occident Capital, A.V. markets a wide and varied range of investment funds to retail and business customers, with different levels of return and risk.
The service provided by Occident Capital, A.V. consists of receiving and transmitting investors' orders, and the non-independent financial advisory service on investment matters exclusively on investments in Collective Investment Undertakings of a UCITS nature, aimed at retail customers, without the possibility of using customer funds. This service is provided continuously, recurrently (annually) and in a personalised manner. It doesn't entail any cost for the customer.
Occident Capital, A.V. currently has two marketing contracts. One with Group Management entity, Grupo Catalana Occidente Gestión de Activos, S.A.U. S.G.I.I.C. and another with Gesiuris Asset Management S.G.I.I.C., S.A.
Occident Capital, A.V. distributes its products through its representatives, who are also insurance agents of Occident. All of its representatives have extensive training and experience on the operation of financial markets and inform and advise customers on the characteristics of the investment funds they sell.
Why investors trust in our investment funds
FAQs
An Investment Fund (IF) or Collective Investment Institution (CII) is a savings/investment instrument whereby each customer (participant) owns a part of the assets that comprise the IF in proportion to the value of their contributions.
All the contributions of these participants make up the fund's assets, which are managed by professionals from the financial markets (management company), according to the investment policy that each fund has established.
The IF provides access to investing in countries and markets that would be very difficult to access individually or at a very high cost. The securities (shares and/or bonds) in which the management company decides to invest the fund's assets are deposited in a depository entity, which safeguards these securities and, in turn, supervises the management of the management company.
Customers make contributions to the chosen fund by acquiring shares in it. These contributions constitute the fund's capital, which are invested in different assets (in accordance with the fund's investment policy) by the investment fund's management team in order to obtain the maximum return.
The value of the shares that make up the fund, will be given by the market price of all the assets in which the fund invests and will be the result of dividing the equity of the fund by the number of shares existing at each time.
The investment funds have characteristics that make them attractive savings and investment products:
- Investment funds permit easy access to the different financial markets to try to achieve returns on the invested capital.
- Specialised market management: The fund is managed by highly qualified staff, with experience and who are familiar with the markets invested in.
- Greater flexibility: The investment can be adapted to each risk profile, the investment horizon and the sustainability preferences to achieve all the objectives set.
- Greater scope: possibility of investing in markets more easily thanks to the fact that the savings are added to those of the rest of the investment fund investors.
- Immediate liquidity: you can access your savings at any time and without any penalty.
- Transparency: Investment funds are supervised by the CNMV, audited annually by external consultants and biannually make available to investors the portfolio where the assets have been invested.
- Diversification: investment funds invest the capital in different assets, thus reducing the risk of the portfolio.
- Taxation: One of the main tax advantages of investment funds is that the transfer between funds is exempt from taxation. In other words, if you move your investment from one fund to another, you will not have to pay tax on the earnings obtained to date (latent capital gain).
To subscribe to an investment fund, please contact your nearest Occident branch or call this telephone number to request advice from an Occident Capital, A.V. representative at the branch. They can advise you on how to make your investment. The minimum amount to start investing in an Occident brand fund will be €600 and for subsequent contributions it will be €300. The funds of the GCO brand have no minimum amount.
To follow a correct investment strategy, diversification is essential, both in the case of a professional and an individual investor. This will always depend on the investor's risk profile and time horizon. The greater the risk tolerance and the longer the time horizon the investor has, the greater the weighting of equities.
Diversification dilutes the risk associated with a fall in value or sector, given that the assets have a different behaviour to market conditions.
With the investment funds marketed by Occident Capital, A.V., you can take advantage of the efficiency of the markets by picking up the trend, and taking advantage of the diversification of the funds showing a lower volatility than the one that presents the market.
The managing entity of the investment funds of the Occident brand is Gesiuris Asset Management, SGIIC. S.A.
The managing entity of the investment funds of the Grupo Catalana Occidente brand is Grupo Catalana Occidente Gestión de Activos, S.A.U. S.G.I.I.C.
You can follow the daily progress of your investment funds (in addition to other products) in a personalised way by registering with e-customer. You can also check the net asset value of investment funds on this website.
The investment funds marketed by Occident Capital, A.V. have two types of fees:
- Management fee: This is the remuneration received by the management company for managing the assets and depends on the fund's investment policy.
- Depository fee: This is the remuneration received by the depository company for safeguarding the securities in which the funds invest.
There are also other types of fees, such as the subscription fee and redemption fee, among others. The funds marketed by Occident Capital, A.V. do not charge any fees of this kind. If you wish to consult the amounts of these fees, they are explained in the brochures registered with the CNMV.