Renta Fija

Short-Term Fixed Income

Data to Date

30-06-2020

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*

June 2020

Last 3 Months: Apr 2020 - May 2020 - Jun 2020 -

From 02-01-2020 To 30-06-2020

Last year: From 02-10-2019 To 30-06-2020

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

Performance

Performance 1M 3M YTD 12M 2019 2018
Class A 1,98% 5,20% 14,93% - 33,59% 25,64%
Class B 2,01% 5,30% 15,17% - 34,06% 26,08%
Class C 2,00% 5,27% 15,11% - 33,95% 25,98%

Asset allocation

Interest rate and currency breakdown

Data to Date

30-06-2020

Fund Information

Manager BACS Adm. de Activos SASGFCI
Custodian BACS
Rating BBB+
Class A Fees* 2,00%
Class B Fees* 1,60%
Class C Fees* 1,70%
Redemption 24 hs
Minimum Subscription $1.000
Subscription / Redemption Fee 0,00%
*Annual Fees as percentage of the fund´s Net Worth. It includes management and custodian fees.
Net Worth ($) $1.597.143.625
NAV (of 1.000 shares)
Class A $3.736,801
Class B $3.826,905
Class C $3.809,716
(NAV net of fees and ordinary management expenses. Valuation of 1.000 shares).

*El fondo cuenta con un subfondo: TT Renta Fija Reperfilado ( fondo de letras reperfiladas)

Portfolio Data

Duration N/A
Código Bloomberg -

Main Holdings

FCI MEGAINVER LIQUIDEZ PESOS 10,34%
FCI Adcap Ahorro Pesos Fondo de Dinero 9,76%
FCI BNP PARIBAS Suc BA SD Optimum CDB$ Ultra 9,64%
Letra S13L0 8,53%
Letra S31J0 6,74%
FCI Gainvest Pesos 6,57%
Lede S13G0 3,34%
FCI SBS AHORRO PESOS 3,25%
ARGENFUNDS LIQUIDEZ FCI 3,23%
PF Banco Galicia 2,94%
FCI LOMBARD RENTA PESOS 2,53%
PF Banco Galicia 2,24%
PF Banco Santander 2,11%
ON Banco Santander cl 24 1,98%

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.