Agisa 2000

Investment policy

Agisa 2000 is an Andorran Euro Equity Fund. The fund aims to maximise the capital invested in the medium/long term. The Fund seeks to achieve this objective by investing in a portfolio of high-quality long-term growth companies. Its main investment focus is global equities. Company analysis becomes a fundamental element. Company selection is carried out through qualitative filters prioritising stable business models, with pricing power or barriers to entry, with low debt, high and recurring margins and companies with growing business models. We believe that ROIC becomes a key element in the analysis of companies. We use technical market tools to prepare analyses and filters to detect those companies that generate the best return on investment in relation to the financial cost. This means that the portfolio has a bias towards “quality growth” with low turnover and a concentrated portfolio of 30-35 names. This is a global fund with no geographical or sectoral limitations and which may invest in currencies other than the euro. The fund is actively managed and aims to obtain better returns than the euro money market and similar to its benchmark index, the MSCI World. This investment fund is aimed at investors with a balanced or aggressive risk profile due to the substantial weight of equities. The minimum recommended investment horizon in Agisa 2000 is 5 years. This fund is a capitalisation fund.