What makes GCO Renta Fija, FI different
GCO Renta Fija, FI is a Euro Fixed-Income fund. The fund's portfolio is invested in fixed income assets in both national and international public and private issuers, mainky in euros. It is designed to diversify your medium- and long-term investments through the different fixed-income markets with an average portfolio term of more than two years. If you have a conservative investor profile and you have the capacity to take on investments in the long term, this fund is perfectly suited to your needs.
Services included in our GCO Renta Fija, FI fund
Non-independent financial advice.
We analyse your needs and establish a financial plan designed to meet your objectives.
- Personalised service.
- Certified professionals.
- At no additional cost.
Practical information GCO Renta Fija, FI
- Extraordinary subscription and contributions without a minimum amount.
- No penalty for total or partial reimbursements and immediate liquidity.
- No tax penalty for transfers between funds of the same company or another company, complying with the requirements of the current regulations.
This CII applies Socially Responsible Investment criteria and its investments are therefore guided by financial and sustainability considerations. The fund has 100% of its portfolio invested in fixed-income securities from public or private issuers (including demand deposits, time deposits, promissory notes and other similar assets), mainly denominated in euros, with a maximum of 5% in other currencies. These will be traded securities whose issuers are mainly domiciled in OECD member countries (excluding emerging countries).
The fund can invest up to 30% in CIIs (including those of the group, ETF, SICAV or similar assets).
The duration of the portfolio will be adjusted according to expectations of market performance.
Return GCO Renta Fija, FI
The return of the fund is sensitive to the behaviour of long-term interest rates and will be similar to that of securities listed on this market with the same term as the fund. It should also be noted that no guarantee of return has been granted, i.e. "past returns do not guarantee future returns."
Fund performance
| Individual return (% not annualised) | Returns |
|---|---|
| Yearly total | 0.51 |
| Last quarter | 0.25 |
| Q1 | 0.25 |
| Q2 | 2.74 |
| Q3 | 0.75 |
| 2023 | |
| 2022 | |
| 2021 |
Fund composition
Fund data
Fund return
| General data | 1S 2024 | 2S 2023 |
|---|---|---|
| Assets | 46805.211 | 39638.305 |
| No of shares | 5498002.99 | 4679702.67 |
| Nº partícipes | 204 | 215 |
| Inversión mínima inicial (euros) | 0 | 0 |
Fund performance
| General details (Assets/NAV) | Assets at end of period (thousands of euros) | NAV at end of period |
|---|---|---|
| Report period | 46805.211 | 8.5131 |
| 2023 | 39638.305 | 8.4703 |
| 2022 | 24579.335 | 8.1224 |
| 2021 | 26419.737 | 8.6755 |
Fund performance
| Individual return (% not annualised) | Returns |
|---|---|
| Yearly total | 0.51 |
| Last quarter | 0.25 |
| Q1 | 0.25 |
| Q2 | 2.74 |
| Q3 | 0.75 |
| 2023 | |
| 2022 | |
| 2021 |
Fund performance
| Expenses (% of average assets) | Total cost ratio (1) |
|---|---|
| Yearly total | 0.39 |
| Last quarter | 0.2 |
| Q1 | 0.2 |
| Q2 | 0.2 |
| Q3 | 0.2 |
| 2023 | 0.81 |
| 2022 | 0.82 |
| 2021 | 0.81 |
| 2019 | 0.82 |
(1) Includes all direct expenses incurred in the period concerned: management fee, depository fee, audit, banking services, and other current management expenses, as a percentage of average assets for the period. In the case of funds/subfunds that invest more than 10% of their assets in other Collective Investment Undertakings, this ratio includes, in addition to the above, indirectly incurred expenses related to these investments.
Fund performance
| Limits of returns (2) | Minimum return (%) | Return on date | Maximum return (%) | Return on date |
|---|---|---|---|---|
| Current quarter | -0.19 | 15/04/2024 | 0.26 | 15/05/2024 |
| Last year | -0.23 | 04/01/2024 | 0.26 | 15/05/2024 |
| Últimos 3 años |
(2) Figures are only reported for asset classes at least as old as the reporting period, and provided there has been no change to the fund allocation. The figures refer to the highest and lowest yields between two consecutive asset value dates. Asset values are calculated daily. Be aware that past performance is not an indicator of future yields. Only reported if a consistent investment policy was employed throughout the period.
Net Asset Value
Changes in net asset value over the last 5 years
Sharpe Ratio
| Sharpe | |
|---|---|
| GCO RENTA FIJA, FI | -1.500863559 |
| Benchmark | -0.974181951 |
Fees applied
| Fees applied during the period to the average assets | % | Calculation basis |
|---|---|---|
| Annual management fee | 0.75 | Patrimonio a valor efectivo |
| Annual depository fee | 0.025 | Patrimonio a valor efectivo |
| Cost of the financial advisory service | 0 | No aplica |
Investor profile
Sustainability information
This investment fund promotes environmental or social characteristics and although it does not aim to invest sustainably, it will have at least 50% of sustainable investments with an environmental or social objective.
Who is it designed for?
It is intended for retail investors with the capacity to take losses in relation to the level of risk of the fund and taking into account the investment time horizon indicated for the fund.