|Net Asset Value||121.03|
Average Annual Return of 13.50%* during the last 29 years
* Past performance is not guarantee of future results. Performance is not guaranteed and may fluctuate over time (losses are possible). Performance is net of expenses.
Net Asset Value Evolution
LIERDE is an actively managed investment vehicle with a track-record of more than 28 years following the same investment strategy. At least 80% of total exposure will be invested in equities, without any restrictions by market capitalization and/or sector of any issuer and/or market within the OECD.
LIERDE's goal is to continue achieving better performance vs the indices in the long-term, mainly diversifying in European companies. This investment vehicle may be unsuitable for investors who expect to withdraw their money within the next 5 years.
Risk Factors to be considered
Investing in LIERDE implies assuming the following risks: market risk (interest rate, currency exchange and equity risks), credit risk, liquidity risk among others. For detailed information about the risks review the Prospectus.
Name: LIERDE, SICAV S.A.
ISIN code: ES0158457038
CNMV registration code: 2467
Management company: Augustus Capital Asset Management, S.G.I.I.C., S.A.
Registered office: Plaza Aragón 10, 10ª planta, 50004, Zaragoza
Depository: Bnp Paribas S.A., Sucursal en España
Auditor: Deloitte S.L.
Bloomberg code: LIE SM Equity
Net asset value: Daily
Assets under management: EUR 134 mill. (28/02/2023)
Management fee: 1.40% annual
Depository fee: 0.07% annual
TER: 1.56% annual
Refund fee: does not exist
Minimum initial investment: 1 share
Fund type: European equities
Legal form: UCIT open-ended investment company
Investment style: Value
Morningstar category: European Equities Flex-Cap
Asset managers: Juan Uguet de Resayre and Francisco Tajada