What makes GCO Ahorro, FI different
GCO Ahorro, FI is a European Fixed-Income investment fund for investors with a short-term investment horizon. The portfolio is invested in national and international fixed-income securities from public and private issuers denominated in EUR, with an average duration of the portfolio less than two years. This is the most suitable option for conservative investors who have a short-term investment horizon.
Services included in our GCO Ahorro, 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 Ahorro, FI
- Extraordinary subscription and contributions without establishing 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 (SRI) criteria, which is why its investments will be guided by sustainable and financial principles.
The fund has 100% of total exposure (portfolio) invested in national or international fixed-income assets (including demand deposits, time deposits, promissory notes or other similar assets) from public or private issuers, denominated in euros. They will be assets of issuers traded and belonging fundamentally to 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 average duration of the fund's portfolio will be less than 2 years.
Return GCO Ahorro, FI
It is sensitive to the behaviour of short-term interest rates and will be similar to that of securities listed on this market with the same term as the fund. It is important to note that there is no guarantee of return: "Previous returns do not guarantee future returns."
Fund performance
| Individual return (% not annualised) | Returns |
|---|---|
| Yearly total | 1.41 |
| Last quarter | 0.72 |
| Q1 | 0.68 |
| Q2 | 1.6 |
| Q3 | 0.96 |
| 2023 | |
| 2022 | |
| 2021 |
Fund composition
Fund data
Fund return
| General data | 1S 2024 | 2S 2023 |
|---|---|---|
| Assets | 70833.343 | 66550.379 |
| No of shares | 3055255.59 | 2910999.96 |
| Nº partícipes | 250 | 263 |
| 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 | 70833.343 | 23.1841 |
| 2023 | 66550.379 | 22.8617 |
| 2022 | 57202.896 | 22.0629 |
| 2021 | 50842.436 | 22.8551 |
Fund performance
| Individual return (% not annualised) | Returns |
|---|---|
| Yearly total | 1.41 |
| Last quarter | 0.72 |
| Q1 | 0.68 |
| Q2 | 1.6 |
| Q3 | 0.96 |
| 2023 | |
| 2022 | |
| 2021 |
Fund performance
| Expenses (% of average assets) | Total cost ratio (1) |
|---|---|
| Yearly total | 0.14 |
| Last quarter | 0.07 |
| Q1 | 0.07 |
| Q2 | 0.07 |
| Q3 | 0.08 |
| 2023 | 0.3 |
| 2022 | 0.3 |
| 2021 | 0.31 |
| 2019 | 0.31 |
(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 | -0.08 | 07/06/2024 | 0.11 | 12/06/2024 |
| Last year | -0.08 | 02/02/2024 | 0.11 | 12/06/2024 |
| 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 AHORRO, FI | -2.746547314 |
| Benchmark | -1.466407824 |
Fees applied
| Fees applied during the period to the average assets | % | Calculation basis |
|---|---|---|
| Annual management fee | 0.25 | 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.