GVC Gaesco Dividend Focus, F. I.


Equity Investment Fund Euro Zone.

Investment policy

The management objective is to invest in companies that provide a high, growing and sustainable dividend yield, as well as a potential for revaluation of their quotations by fundamental discount, mainly from the Euro Zone, and through the use of very defined selection criteria and without discriminating against issuers either by their size or by the form of payment of dividends, although it is preferable in cash than in shares.

Exposure to equities will range from a minimum of 75% to 100%, mainly in issuers in the Eurozone (around 75%), the US (around 15%), the UK (around 5%) and Switzerland (around 5%), without any limitation by capitalization and/or economic sectors.

Exposure to fixed income, public or private, in OECD markets will range from 0% to a maximum of 25%, in assets with an average credit rating (between BBB- and BBB+). It will also be possible to invest in assets with the same credit quality as the Kingdom of Spain at any given time. The average duration will be less than 2 years. Fixed income includes deposits in credit institutions and unquoted money market instruments that are liquid, complying with the aforementioned ratings. The exposure to currency risk shall be a maximum of 30%. No investments will be made in emerging countries.

It will not be invested in IICs. No investments will be made in derivative financial instruments traded or not traded on organized markets. More than 35% of the assets may be invested in securities issued or guaranteed by an EU State, an Autonomous Community, a Local Entity, International Organizations of which Spain is a member and States with solvency not less than that of Spain. The IIC diversifies the investments in the assets mentioned above into at least six different issues. The investment in securities of the same issue does not exceed 30% of the assets of the IIC.

General Information
Category Euro Equities
Risk Profile 7
Managing Company GVC Gaesco Gestión, SGIIC, SA
Launch Date 25/01/2019
Benchmark Index Renta Variable (75% MSCI EMU High Dividend Yield Index + 15% MSCI USA High Dividend Yield Index + 5% MSCI UK High Dividend Yield Index + 5% SPI Select dividend 20 index) Renta Fija: Euribor 1W
Currency EUR
ISIN ES0143631002
Bloomberg --
Liquidity Daily

Other classes available

Name Class ISIN Min. Investment NAV Date DFI
GVC GAESCO DIVIDEND FOCUS, F. I. E ES0143631010 3.000.000 € retail and 1 € institutional
GVC GAESCO DIVIDEND FOCUS, F. I. I ES0143631028 1.000.000 €