Our Products

1. National Debt

Investment in medium-sized debt instruments and long term of high credit quality and that seeks to generate attractive returns for
above in action.

It is a diversified debt portfolio that includes both private issues and government debt instruments. The strategy is actively managed
investing and high quality instruments and taking positions in both rates linked to inflation at nominal rates.

The objective is to obtain returns higher than inflation with
a long-term investment horizon.

2. Global Equity Income

Active, high-conviction investing in stocks global companies that seek to obtain returns above international indices.

Through a fundamental, sectoral, geographical and environmental analysis economic, our multidisciplinary team selects a portfolio concentrated (between 20 and 30 stocks) of global stocks from various sectors.
Given its concentration, the portfolio is of high conviction.

Our long-term horizon and perspective allow us to take advantage of the market distortions, low prices and unique opportunities.

We invest in companies with consistent levels of profitability and liquidity, with solid corporate governance, commitment to the environment and sustainability, and that provide good returns on invested capital.

3. International High Yield

Looking far ahed into the future. Thinking in the next generation
and the ones who come.

Investment in medium and long-term international bonds that seeks a balance risk/return higher than that offered by the AA and AAA bond market.

The strategy offers a moderate to medium risk investment alternative term with an average duration of 5 years. It has generally achieved a Lower volatility and an attractive return above the market average
of international debt.

We invest mainly in bonds, debt funds and ETFs, with exposure to emerging markets previously selected by the Investment Committee and that have a rating higher than B. The bonds we acquire are denominated in dollars, euros and local currencies

4. Global Trends

Investing in ETFs from fundamentals, macroeconomic and
sectoral trends, and narratives.

The strategy invests in thematic ETFs around high-profile global trends. growth. Provides investors with exposure to global equity markets
at a low cost. We are not limited to any economic sector or geographical
area to find the best investment opportunities.

The independent and multidisciplinary Investment Committee makes
decisions based on of continuous monitoring of the markets, supported by tools of artificial intelligence and risk optimization and control models.

5. Global Asset Location

Investment in international markets debt and capital through vehicles
liquid and low cost with the objective of seek consistent and attractive performancein the medium term.

The strategy combines between 8 and 12 ETFs to provide clients with
exposure balanced to the main international stock and bond markets
at a low cost and high liquidity.

We actively balance fixed income and variable income to maintain a moderate risk. The active strategy focused on ETFs allows access to attractive returns with short-term liquidity.

6. European Megatrends

Active investment in capital through main global mega trends in
companies that comply with principles of Responsible investing
(ESG) English).

The strategy is focused on 3 branches: improving the quality of life; interconnectivity, innovation and high technology; and decarbonization
of the economy. The investment perspective, combined with geographic
and sector diversification, generates competitive returns for equity funds
and can be easily integrated with other investment strategies.

The stock selection process is carried out by Bestinver, a company with more than 30 years of experience and more than 6.8 billion euros under management. VITALIS is the investment advisor on ESG factors through
its own rigorous methodology.

7. Valuation of labor liabilites

The disclosure of labor liabilities is a good accounting practice, which helps companies plan the expense derived from the termination of the employment relationship with its workers. Furthermore, correct valuation is essential.
of the labor liability so that the states nancial indicators reflect the real value of profits. Finally, a correct valuation of the labor liabilities avoids any reservation/ note by an external auditor.

The strategy combines between 8 and 12 ETFs to provide clients with a balanced exposure to major stock and bond markets international at a low cost and with high liquidity. We balance actively fixed income and variable income to maintain a risk moderate. The active strategy focused on ETFs allows us to access attractive returns with short-term liquidity.