ALBA GLOBAL DYNAMICAndorra
YTD NAV AUM RISK SCALE REGISTRATION NUMBER:
-3.91% 95,47 4.289.893€ 0154-01 AFA
 
 

ALBA GLOBAL DYNAMIC SICAV is an investment vehicle for tax optimization that applies a philosophy of portfolio management. Its key features are:

  • Based in the Principality of Andorra.
  • Supervised and regulated by the Autoritat Financera Andorrana (AFA).
  • Aimed at investors with a low risk profile who invest a minimum of 20,000 euros.
  • Exempt from Andorran personal income tax (IRPF).
  • May allow tax deferral to foreign investors, depending on their fiscal residency.
  • No subscription or redemption fees.
SUMMARY SHEET
Legal form: Andorran law SICAV
Registration number: 0154-01 AFA
Investment platforms: Andbank Andorra
Management style: Investment in traditional assets (up to 50% in equity)
Investment horizon: 4 years
Risk scale:
4/7
Minimum investment: 20,000 euros
Liquidity: Weekly
Manager: Andorra Gestió Agrícol Reig, S.A.U.
Custodian: Andorra Banc Agrícol Reig, S.A.
Delegated asset manager: Fimarge SFI S.A.
Auditor: KPMG
Reference currency: Euro
Dividends: No
Benchmark: 25% "STOXX Europe 600" + 25% "S&P 500"+25% "LBEATREU Index"+25% "LBUSTRUU Index"
Date of first NAV: April 24, 2018 (Entry into force of the new prospectus)
NAV frequency: Weekly, every Tuesday if business day in Andorra
Capital guarantee: No
Management fee: 1.05%-1.75%
Performance fee: 0%
Risk management fee: 0.12%
Subscription fee: 0%
Redemption fee: 0%
 

  • Weekly liquidity.
  • Small and controllable number of assets.
  • Maximum exposure to equities of 50%.
  • Possibility of total or partial divestment of assets.
  • Currency exposure management.
  • Without leverage.
  • Risk level of 5 in a 1-to-7 scale.
  • Competitive fees (1.05% - 1.75%, no success, subscription or reimbursement fees).
  • Exempt from Andorran personal income tax (IRPF).
  • May allow tax deferral to foreign investors, depending on their fiscal residency.

LASTEST DATA

Date NAV (€)
20-09-2018 95.471
19-09-2018 95.471
18-09-2018 95.471
17-09-2018 94.9944
16-09-2018 94.9944
15-09-2018 94.9944
14-09-2018 94.9944
13-09-2018 94.9944
12-09-2018 94.9944
11-09-2018 94.9944