Equities

March Europa Convicción F.I.

Least risk

Potentially lower return

Most risk

Potentially higher return

Category "1" does not mean that the investment is risk-free

Strategy that seeks to invest in the best opportunities offered by European companies, with a view to beating the Stoxx 50 in the medium term.

What is it?
Why invest?
Return/Risk
Key figures
Managed by
Documents

What is it?

European companies offer very attractive investment opportunities and with March Europe Convicción you can benefit from these opportunities. We follow a value investment philosophy where we look for good companies that offer an attractive buying opportunity. To select these companies, we will analyse them in depth, we will understand them. We will invest in companies that have passed our qualitative filter and show a discount of about 30% to their target price. In doing so, we maintain a weighting of around 5% in the companies we consider most compelling, as long as their liquidity is guaranteed.

Why invest?

If you are looking to invest in Europe, this is a very good alternative. We will build a portfolio that matches our belief in the various businesses we analyse and invest in. We will look for business ideas that are attractively valued and offer us interesting upside potential so that our fund will outperform the market over the long term.

We do not follow a benchmark index, so our portfolio will differ significantly from the Stoxx50 in terms of both sectoral and geographical allocation.

Investing in the March Europa Convicción means investing in companies with interesting potential that can perform well regardless of the economic cycle we are in.

Escenarios de rentabilidad		Periodo 1 (1 año)	Periodo 2 (MID)	Periodo 3 (RHP)

Mínimo	Importe (EUR)
Mínimo	Rent. anual media (%)
Tensión	Importe (EUR)
Tensión	Rent. anual media (%)
Desfavorable	Importe (EUR)
Desfavorable	Rent. anual media (%)
Moderado	Importe (EUR)
Moderado	Rent. anual media (%)
Favorable	Importe (EUR)
Favorable	Rent. anual media (%)

Return during the selected period:

Last net asset value: a fecha

RETURN *

		1 month	3 months	6 months	1 year	3 years

RISK *

	Volatility

* Data at date:

Key figures

Launch date:
Management fee:
Assets (€):
Manager:
Identifier code:
Liquidity:
Article SFDR:
Manager:
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Managed by

Antonio López Silvestre

Head of SRI and European Equities

Antonio started his professional career at Beta Capital SVB - Fortis Bank España, initially as a cyclical and infrastructure companies analyst before being appointed Director of Analysis and Coverage for Spanish Utilities. He has also worked at Exane BNP Paribas as Director of MidCaps for Spain and Head of the Spanish branch.

He also obtained excellent positions in team analyst rankings (5th position in Spain and Portugal in 2011; 6th in 2012) and individual analyst rankings (2nd analyst in Spain in 2011, 7th in 2012) at Extel.

Antonio has an MBA from IESE – Universidad de Navarra and a degree in Economics and Business Management from the Universidad Complutense de Madrid. He has also completed several postgraduate programmes and courses, including a Business Valuation programme at Harvard Business School, a Value Investing programme at Columbia Bus.

Javier Criado Andrés

Equity Analyst-Manager

Javier started his professional career in Seguros Bilbao as a personal advisor to brokers. He later worked at Analistas Financieros Internacionales in the market analysis team until he joined March AM in 2015, initially in the control department.

He then moved to the SICAVs management team as a manager. He has recently joined the equity funds team as an analyst and co-manager for the Iberian and European strategies.

Javier, a CFA level II candidate, holds a degree in Business Administration and Management from the University of Valladolid and a Masters in Banking and Finance from the AFI School of Finance. He pursued additional training with courses in equity market analysis and derivatives, both from the University of Valladolid.