Ahorro

Money Market

Data to Date

29-11-2018

Objective

The fund aims to provide liquidity and principal preservation by investing in term deposits and sight deposits.

NAV Evolution*

November 2018

Last 3 Months: Sep 2018 - Oct 2018 - Nov 2018 -

From 02-01-2018 To 29-11-2018

Last year: From 18-12-2017 To 29-11-2018

*Curve corresponding to NAV
Class B share. Valuation of 1.000 shares.
  • 1M
  • 3M
  • YTD
  • 12M

Performance

Performance 1M 3M YTD 12M 2017 2016
Class A 3,47% 10,16% 29,77% 31,87% 17,49% 16,79%
Class B 3,53% 10,35% 30,51% 32,69% 18,20% 17,50%
Class C 3,49% 10,23% - - - -

Asset allocation

Data to Date

29-11-2018

Fund Information

Manager BACS Adm. de Activos SASGFCI
Custodian BACS
Rating (AA-) FIX SCR
Class A Fees* 1,450%
Class B Fees* 0,750%
Class C Fees* 1,220%
Redemption Intraday
Minimum Subscription $ 1.000
Subscription / Redemption Fee 0,00%
*Annual Fees as percentage of the fund´s Net Worth. It includes management and custodian fees.
Net Worth ($) $1.639.685.251,450
NAV (of 1.000 shares)
Class A $2.318,294
Class B $2.398,751
Class C $1.584,658
(NAV net of fees and ordinary management expenses. Valuation of 1.000 shares).

Portfolio Data

Duration 16 días
Código Bloomberg -

Main Holdings

Cta. Remunerada Banco Santander 19,08%
Cta. Remunerada Banco Frances 19,06%
Cta. Remunerada Banco Hipotecario 10,98%
Cta. Remunerada Banco Industrial 10,76%
Cta. Remunerada Banco Mariva 3,82%
Cta. Remunerada Banco CMF 3,66%
Cta. Remunerada Banco Supervielle 3,20%
Plazo Fijo HSBC 1,85%
Plazo Fijo Banco Provincia 1,01%

Risk Profile

  • LOW
  • MED.
  • HIGH

BACS Administradora de Activos S.A.S.G.F.C.I: All rights reserved. Buenos Aires, Argentina. The investments in shares of the fund do not constitute deposits with BACS nor with BANCO HIPOTECARIO S.A, for the purposes of the Financial Entities Act, nor are they provided with any of the guarantees that such sight deposits or term deposits may have according to the laws and regulations applicable to deposits with financial entities. Furthermore, BACS and BANCO HIPOTECARIO S.A. are prevented by the provisions of the CENTRAL BANK OF THE ARGENTINE REPUBLIC from assuming, tacitly or expressly, any commitment as to maintaining at any time the value of the invested capital, the yield, the redemption value of the shares or the supply of liquidity to such effect. NAV net of fees and ordinary management expenses.