SBS Acciones
Argentina FCI		    
Characteristics of the Fund
 

The fund is aimed at looking for returns in pesos higher than the Merval Index. At least 75% of the FUND’s net worth will be invested in shares of Argentine companies and representative instruments for that, with public bidding, issued and negotiated in the Argentine Republic. The composition of the fund’s portfolio attempts to assume a high volatility and an aggresive risk profile.

The major characteristic in the investment strategy is based on a thorough analysis of macroeconomic factors as well as of the issuers in particular. Fundamental analysis is the main standard to determine attractive valuations and asset selection. Moreover, in order to maintain an active portfolio management, this fund admits high deviations from its benchmark.

 

   Management Company: :
  SBS Asset Management SA SGFCI

    Management Fees:
   Depositary Company: Banco de Valores SA                   Management Company:  
   
  Class A: 2,50%   Class B: 2,00%
  Classification: Fixed income                    Depositary Company: 0,15%+IVA
  Fund’s Currency: Pesos    
  Region: Argentina     Commissions:
  Investment Horizon: Long Term                   Subscription: 0%
  Starting date: 15/01/08                   Redemption: 0%
  Availability: 72hs.    
  Minimum investment: $1000  
  Share Values
   
  Composition of the Portfolio
  Risk Rating Agency: Standard & Poor's  
  Management Regulations
 Report from the Rating Agency
 
  Balance Sheets
   
   Note: Management Fees are annual.
 
Disclaimer: neither the investments in shares of the fund constitute deposits in Banco de Valores SA, for the purposes of the Financial Entities Law, nor do they benefit from any of the guarantees that said sight or term deposits might enjoy pursuant to the rules and regulations enforceable regarding deposits in financial entities. Likewise, Banco de Valores SA is not allowed by the Banco Central de la República Argentina to assume, either tacitly or expressly, any commitment with respect to the maintenance, at any time, of the value of the invested capital, to the yield, the surrender value of the shares or the granting of liquidity for that purpose".