Aviva Gestion

Aviva Espabolsa 2 FI

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Fund type

Category: National equity

Volatility: High

Geographical area: Spain

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Morningstar ratings measure return adjusted for risk for a specific fund according to its Morningstar category using returns data from the last three years. Based on these criteria, we classify funds as follows: some 10% of the best funds receive five stars, 22.5% receive four stars, 35% receive three stars, 22.5% receive two stars and 10% receive one star.
Rating Morningstar 5 estrellas

Aviva Espabolsa 2 FI

Date of 1st valuation: 29/10/2004

Return for current year 2012: 4.15%

Net asset value (07/02/2012): 15.8151€

 

Cumulative return since start: 58.15%

Annualised cumulative return: 6.49%

 

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Fund's return during the period specified: -9.6%
Index return during the period specified: -18.03%

**Format dd/mm/yyyy
If requested dates of the fund have not a value, "from" will show the first posterior date with value and "to" the first previus date with value.

Objective

The objective of this fund is to increase in value over the long term in line with the Ibex 35 and, in general, with investment funds in the “Equity Fund Spain” category as established by a recognised fund ratings agency (Standard & Poor’s Investment Services or equivalent).

Key characteristics of the fund

Investment selection and distribution criteria:

  • Investments in this fund will mainly be in the Spanish market, although investments in regulated eurozone exchanges may also be included, within the permitted limit. The selection of securities will, by means of basic analysis, be based on identifying securities whose intrinsic value is not reflected in their stock market valuation.
  • Investments will be made in all types of securities including shares in small- and large-capitalisation companies, shares that are traded on the continuous market, and shares traded on the “corros" (verbal contracts) market, both of which are operated by Bolsas y Mercados Españoles. No preference shall be given to particular industries. The assets in which the fund invests will be mainly admitted to public trading in official recognised exchanges that operate regularly and are known and open to the public. The composition of the portfolio shall be highly diversified in order to ensure liquidity and that risks are controlled.

Past performance is no guide to future return.