Fund Star Ranking (S&P):

Renta Fija

Short-Term Fixed Income

Data to Date

31-01-2019

Objective

The fund seeks to obtain a return similar to the interest rate for 30-day wholesale term deposits while maintaining a low level of volatility. The fund invests primarily in short-term fixed income securities, including corporate bonds, sovereign & subsovereigns bonds, Central Bank notes, among others.

NAV Evolution*

January 2019

Last 3 Months: Nov 2018 - Dec 2018 - Jan 2019 -

From 02-01-2019 To 31-01-2019

Last year: From 01-02-2018 To 31-01-2019

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

Performance

Performance 1M 3M YTD 12M 2018 2017
Class A 4,99% 14,75% 4,99% 37,41% 33,59% 25,64%
Class B 5,02% 14,85% 5,02% 37,89% 34,06% 26,08%
Class C 5,01% 14,83% 5,01% 37,78% 33,95% 25,98%

Asset allocation

Interest rate and currency breakdown

Data to Date

31-01-2019

Fund Information

Manager BACS Adm. de Activos SASGFCI
Custodian BACS
Rating (AA) FIX SCR
Class A Fees* 1,800%
Class B Fees* 1,450%
Class C Fees* 1,530%
Redemption 24 hs
Minimum Subscription $1.000
Subscription / Redemption Fee 0,00%
*Annual Fees as percentage of the fund´s Net Worth. It includes management and custodian fees.
Net Worth ($) $2.132.636.184,440
NAV (of 1.000 shares)
Class A $3.952,687
Class B $4.025,371
Class C $4.012,922
(NAV net of fees and ordinary management expenses. Valuation of 1.000 shares).

Portfolio Data

Duration 110 días
Código Bloomberg -

Main Holdings

Título Público AF19 20,39%
Lecap vto. 28/02/2019 (LTPF9) 17,94%
Lecap vto. 29/03/2019 (LTPM9) 13,63%
Lecap vto. 22/02/2019 (L2PF9) 10,18%
Lecer vto. 22/02/2019 (LTCF9) 7,14%
Título Provincial Buenos Aires Serie I 4,11%
FCI Megainver Liquidez Pesos 3,66%
Lecap vto. 30/04/2019 (LTPA9) 3,58%
Plazo Fijo Santander Rio 2,82%
Plazo Fijo Banco de la Provincia de Córboba 2,44%
FCI MAF Money Market 2,41%
ON Banco Santander Rio Clase 22 2,31%
ON Banco Santander Rio Clase 23 2,07%
Plazo Fijo Banco Industrial 1,51%
Lecer vto. 28/06/2019 (LTPJ9) 1,25%

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.