Fund page

RURAL MIXTO INTERNACIONAL 30/50, FI

Manager

GESCOOPERATIVO, S.A., S.G.I.I.C. See the CNMV manager universe →

Full portfolio

Every position in the latest periodic filing, largest weight first. Aggregates ("other equities...") are baskets of small positions the filing itself does not break out line by line.

157

Company Type Country Weight Price

Ac.Nvidia Corp US67066G1040 · USD Renta Variable Cotizada US 3.39% —

Ac.Alphabet Clase C US02079K1079 · USD Renta Variable Cotizada US 3.27% —

Bono del Estado ES00000124C5 · EUR Deuda Publica Cotizada Mas 1 Anio ES 3.23% —

Ac.Microsoft US5949181045 · USD Renta Variable Cotizada US 3.16% 483.24 USD

Ac.Amazon US0231351067 · USD Renta Variable Cotizada US 2.89% —

Ac.Apple US0378331005 · USD Renta Variable Cotizada US 2.78% —

Buoni Ordinari Tesoro IT0005631533 · EUR Deuda Publica Cotizada Memos 1 Anio IT 2.07% —

Buoni Poliennali Tesoro IT0005654642 · EUR Deuda Publica Cotizada Mas 1 Anio IT 2.07% —

Ac.Meta Plataforms Inc Class A US30303M1027 · USD Renta Variable Cotizada US 2.06% 549.90 USD

Bono del Estado ES0000012C12 · EUR Adquisicion Temporal Activos ES 1.76% —

Buoni Poliennali Tesoro IT0005611055 · EUR Deuda Publica Cotizada Mas 1 Anio IT 1.58% —

KFW DE000A383B10 · EUR Deuda Publica Cotizada Mas 1 Anio DE 1.57% —

Xunta de Galicia ES0001352550 · EUR Deuda Publica Cotizada Mas 1 Anio ES 1.52% —

Comunidad Madrid ES00001010L6 · EUR Deuda Publica Cotizada Mas 1 Anio ES 1.41% —

Bono del Estado ES0000012O59 · EUR Deuda Publica Cotizada Mas 1 Anio ES 1.30% —

Bono del Estado ES00000127A2 · EUR Deuda Publica Cotizada Mas 1 Anio ES 1.26% —

AC.Broadcom Inc US11135F1012 · USD Renta Variable Cotizada US 1.26% —

Ac.Eli Lilly & Co US5324571083 · USD Renta Variable Cotizada US 1.19% —

Comunidad Madrid ES00001010B7 · EUR Deuda Publica Cotizada Mas 1 Anio ES 1.15% —

Instituto Credito Oficial XS2586947082 · EUR Renta Fija Cotizada Mas 1 Anio XS 1.05% —

Bono del Estado ES0000012L29 · EUR Deuda Publica Cotizada Memos 1 Anio ES 1.05% —

Ac.Taiwan Semiconductor-Sp US8740391003 · USD Renta Variable Cotizada US 0.97% —

Ac.Micron Technology Inc US5951121038 · USD Renta Variable Cotizada US 0.96% —

Buoni Poliennali Tesoro IT0005556011 · EUR Deuda Publica Cotizada Memos 1 Anio IT 0.92% —

Ac.Iberdrola ES0144580Y14 · EUR Renta Variable Cotizada ES 0.88% —

Ac.KKR & CO INC US48251W1045 · USD Renta Variable Cotizada US 0.81% —

Ac.Deutsche Telekom DE0005557508 · EUR Renta Variable Cotizada DE 0.80% —

Instituto Credito Oficial XS2838987506 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.79% —

Buoni Poliennali Tesoro IT0005671273 · EUR Deuda Publica Cotizada Mas 1 Anio IT 0.78% —

Ac.Samsung Electronics Gdr US7960508882 · USD Renta Variable Cotizada US 0.78% —

Eurofima XS2502850865 · EUR Deuda Publica Cotizada Mas 1 Anio XS 0.77% —

Ac.Visa Inc-Class A Shares US92826C8394 · USD Renta Variable Cotizada US 0.74% —

Ac.Inditex ES0148396007 · EUR Renta Variable Cotizada ES 0.72% —

Instituto Credito Oficial XS2487056041 · EUR Renta Fija Cotizada Menos 1 Anio XS 0.67% —

Ac.Palo Alto Networks Inc US6974351057 · USD Renta Variable Cotizada US 0.65% —

EFSF EU000A2SCAF5 · EUR Deuda Publica Cotizada Memos 1 Anio EU 0.65% —

Ac.Astrazeneca Group GB0009895292 · GBP Renta Variable Cotizada GB 0.65% —

Ac.Siemens DE0007236101 · EUR Renta Variable Cotizada DE 0.64% —

Landwirtsch Rentenbank XS1951092144 · EUR Deuda Publica Cotizada Mas 1 Anio XS 0.62% —

Smith & Nephew PLC XS2532473555 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.60% —

Ac.Adidas AG DE000A1EWWW0 · EUR Renta Variable Cotizada DE 0.59% —

Ac.Abbvie Inc US00287Y1091 · USD Renta Variable Cotizada US 0.59% —

Ac.Intuitive Surgical US46120E6023 · USD Renta Variable Cotizada US 0.59% —

Ac.Rwe Ag DE0007037129 · EUR Renta Variable Cotizada DE 0.59% —

Comunidad Aragón ES0000107401 · EUR Deuda Publica Cotizada Mas 1 Anio ES 0.57% —

Ac.Asml Holding NV NL0010273215 · EUR Renta Variable Cotizada NL 0.56% —

Us Treasury N/B US91282CJP77 · USD Deuda Publica Cotizada Memos 1 Anio US 0.56% —

Ac.Jp Morgan Chase & Co US46625H1005 · USD Renta Variable Cotizada US 0.56% —

Ac.Mastercard US57636Q1040 · USD Renta Variable Cotizada US 0.55% —

Buoni Poliennali Tesoro IT0004889033 · EUR Deuda Publica Cotizada Mas 1 Anio IT 0.55% —

Ac.L.V.M.H. FR0000121014 · EUR Renta Variable Cotizada FR 0.55% —

Ac.Oracle Corporation US68389X1054 · USD Renta Variable Cotizada US 0.54% —

Bono del Estado ES00000123C7 · EUR Deuda Publica Cotizada Memos 1 Anio ES 0.54% —

Toyota Motor Credit Corp XS2857918804 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.53% —

Ac.Netflix Inc US64110L1061 · USD Renta Variable Cotizada US 0.53% —

Refer PTCPECOM0001 · EUR Deuda Publica Cotizada Memos 1 Anio PT 0.53% —

European Union EU000A3K4D82 · EUR Deuda Publica Cotizada Memos 1 Anio EU 0.52% —

Bono del Estado ES0000012M77 · EUR Deuda Publica Cotizada Mas 1 Anio ES 0.52% —

Aena SME SA ES0205046008 · EUR Renta Fija Cotizada Mas 1 Anio ES 0.52% —

Orange SA FR00140144A7 · EUR Renta Fija Cotizada Mas 1 Anio FR 0.52% —

Booking Holdings Inc XS3224498108 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.52% —

Junta de Andalucia ES0000090797 · EUR Deuda Publica Cotizada Mas 1 Anio ES 0.51% —

Ac.Thermo Fisher Scientific Inc US8835561023 · USD Renta Variable Cotizada US 0.49% —

Council of Europe XS2154343623 · EUR Deuda Publica Cotizada Mas 1 Anio XS 0.48% —

Instituto Credito Oficial XS2356033147 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.48% —

Ac.Banco Santander ES0113900J37 · EUR Renta Variable Cotizada ES 0.47% —

Bono del Estado ES0000012H41 · EUR Deuda Publica Cotizada Mas 1 Anio ES 0.44% —

Ac.Cellnex Telecom S.A. ES0105066007 · EUR Renta Variable Cotizada ES 0.43% —

Carnival Corp XS2809222420 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.42% —

Arcadis NV XS2594025814 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.41% —

Instituto Credito Oficial XS2708407015 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.41% —

UCB SA BE0390119825 · EUR Renta Fija Cotizada Mas 1 Anio BE 0.40% —

Comunidad Madrid ES00001010P7 · EUR Deuda Publica Cotizada Mas 1 Anio ES 0.40% —

Levi Strauss & Co XS3124322424 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.40% —

Ferrovial SA XS2969695084 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.39% —

Kering FR001400ZZC9 · EUR Renta Fija Cotizada Mas 1 Anio FR 0.39% —

Westlake Corp XS2028104037 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.39% —

Edenred SE FR001400UHA2 · EUR Renta Fija Cotizada Mas 1 Anio FR 0.39% —

IBM Corp XS2999658136 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.39% —

Ac.Nestle CH0038863350 · CHF Renta Variable Cotizada CH 0.39% —

Fiserv Inc XS1843434280 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.38% —

Comunidad Madrid ES0000101933 · EUR Deuda Publica Cotizada Mas 1 Anio ES 0.37% —

Abertis Infraestructuras XS2644410214 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.37% —

Informa PLC XS2068065163 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.37% —

Junta de Andalucia ES0000090946 · EUR Deuda Publica Cotizada Mas 1 Anio ES 0.37% —

Caisse D´Amort Dette Soc FR001400ZPR8 · EUR Renta Fija Cotizada Mas 1 Anio FR 0.36% —

Prysmian Spa XS2948435743 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.36% —

Alstom SA FR0014001EW8 · EUR Renta Fija Cotizada Mas 1 Anio FR 0.35% —

Banco Bilbao Vizcaya XS2638924709 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.35% —

Pirelli & C Spa XS2847641961 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.35% —

Nexans SA FR001400Q5V0 · EUR Renta Fija Cotizada Mas 1 Anio FR 0.35% —

Ac.Unitedhealth Group INC US91324P1021 · USD Renta Variable Cotizada US 0.33% —

Ac.Toyota Motor Corp Spon Adr US8923313071 · USD Renta Variable Cotizada US 0.33% —

Ac.Allianz Hldg DE0008404005 · EUR Renta Variable Cotizada DE 0.32% —

Banco Santander SA XS2342620924 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.31% —

Ac.Adobe Systems Inc US00724F1012 · USD Renta Variable Cotizada US 0.31% —

Ac.ArcelorMittal LU1598757687 · EUR Renta Variable Cotizada LU 0.30% 62.58 EUR

Ac.SalesForce.com US79466L3024 · USD Renta Variable Cotizada US 0.30% —

BPIFrance SACA FR0013232253 · EUR Renta Fija Cotizada Menos 1 Anio FR 0.28% —

Ac.Walt Disney US2546871060 · USD Renta Variable Cotizada US 0.28% —

Ac.Exxon Mobil Corporation US30231G1022 · USD Renta Variable Cotizada US 0.27% —

El Corte Inglés SA XS2848960683 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.27% —

General Motors Finl XS2625985945 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.27% —

ArcelorMittal XS2537060746 · EUR Renta Fija Cotizada Menos 1 Anio XS 0.26% —

BPIFrance SACA FR001400DXK4 · EUR Renta Fija Cotizada Menos 1 Anio FR 0.26% —

Buoni Poliennali Del Tes IT0005514473 · EUR Deuda Publica Cotizada Memos 1 Anio IT 0.26% —

European Union EU000A3K4DS6 · EUR Deuda Publica Cotizada Mas 1 Anio EU 0.26% —

BPIFrance Saca FR0013382116 · EUR Renta Fija Cotizada Menos 1 Anio FR 0.25% —

Euro Stability Mechanism EU000A1U9944 · EUR Deuda Publica Cotizada Memos 1 Anio EU 0.25% —

Ac.Johnson & Johnson US4781601046 · USD Renta Variable Cotizada US 0.25% —

Imerys SA FR001400M998 · EUR Renta Fija Cotizada Mas 1 Anio FR 0.25% —

Comunidad Madrid ES0000101875 · EUR Deuda Publica Cotizada Mas 1 Anio ES 0.24% —

Comunidad Madrid ES0000101909 · EUR Deuda Publica Cotizada Mas 1 Anio ES 0.24% —

Eurofima XS2210044009 · EUR Deuda Publica Cotizada Memos 1 Anio XS 0.24% —

Revvity Inc XS1405780617 · EUR Renta Fija Cotizada Menos 1 Anio XS 0.23% —

Ac.Sap Ag Ord Npv DE0007164600 · EUR Renta Variable Cotizada DE 0.23% —

Intl Consolidated Airlin XS2020581752 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.22% —

Ac.Procter & Gamble Co US7427181091 · USD Renta Variable Cotizada US 0.22% —

JDE Peet´s NV XS2354444023 · EUR Renta Fija Cotizada Menos 1 Anio XS 0.22% —

Daimler Truck Intl XS2900306171 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.21% —

Telefonica Europe BV XS1795406658 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.21% —

Ac.Mercedes Benz Group Ag DE0007100000 · EUR Renta Variable Cotizada DE 0.20% 45.22 EUR

Ac.Abbott Laboratories US0028241000 · USD Renta Variable Cotizada US 0.19% —

Ac.L`oreal FR0000120321 · EUR Renta Variable Cotizada FR 0.19% —

Sacyr SA XS3071337847 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.19% —

RCI Banque FR001400F0U6 · EUR Renta Fija Cotizada Menos 1 Anio FR 0.18% —

Ac.Total SA FR0000120271 · EUR Renta Variable Cotizada FR 0.17% —

Servicios medio ambiente XS2661068234 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.17% —

Ac.Shell Plc New GB00BP6MXD84 · EUR Renta Variable Cotizada GB 0.16% 3409.50 GBp

Ac.Accenture PLC CL A IE00B4BNMY34 · USD Renta Variable Cotizada IE 0.16% —

Caja Rural de Navarra ES0415306127 · EUR Renta Fija Cotizada Mas 1 Anio ES 0.15% —

Credit Agricole SA FR0013246626 · EUR Renta Fija Cotizada Mas 1 Anio FR 0.15% —

Ac.Novartis Ag Reg CH0012005267 · CHF Renta Variable Cotizada CH 0.15% —

Ac.Merck US58933Y1055 · USD Renta Variable Cotizada US 0.15% —

Ac.Axa Uap FR0000120628 · EUR Renta Variable Cotizada FR 0.14% —

Ac.Pfizer Inc US7170811035 · USD Renta Variable Cotizada US 0.13% —

Informa PLC XS2919102207 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.13% —

Ac.Banco Nacional Paris FR0000131104 · EUR Renta Variable Cotizada FR 0.13% —

Ac.Anheuser Busch Inbev BE0974293251 · EUR Renta Variable Cotizada BE 0.13% —

Wizz Air Finance Company XS2433361719 · EUR Renta Fija Cotizada Menos 1 Anio XS 0.12% —

Bono del Estado ES0000012J15 · EUR Deuda Publica Cotizada Mas 1 Anio ES 0.12% —

Ac.Roche Holding CH0012032048 · CHF Renta Variable Cotizada CH 0.11% —

US Treasury N/B US91282CKS97 · USD Deuda Publica Cotizada Memos 1 Anio US 0.11% —

Kion Group AG XS2938562068 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.11% —

Daimler Truck Intl XS2623129256 · EUR Renta Fija Cotizada Menos 1 Anio XS 0.10% —

Euroclear Investments SA BE6334365713 · EUR Renta Fija Cotizada Menos 1 Anio BE 0.10% —

Ac.Cisco Systems US17275R1023 · USD Renta Variable Cotizada US 0.09% —

JDE Peet´s NV XS2728561098 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.08% —

Kutxabank SA ES0243307016 · EUR Renta Fija Cotizada Mas 1 Anio ES 0.08% —

KFW DE000A3MQVV5 · EUR Deuda Publica Cotizada Mas 1 Anio DE 0.08% —

Council of Europe XS2454764429 · EUR Deuda Publica Cotizada Mas 1 Anio XS 0.07% —

Mondelez Intl Hldings Ne XS2235986929 · EUR Renta Fija Cotizada Menos 1 Anio XS 0.07% —

Cie de Saint Gobain XS2723549528 · EUR Renta Fija Cotizada Menos 1 Anio XS 0.05% —

IHG Finance XS2723593187 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.03% —

Banque Stellantis France FR001400F6V1 · EUR Renta Fija Cotizada Menos 1 Anio FR 0.03% —

Stellantis NV XS2325733413 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.03% —

This period's moves

H2 2025 vs H1 2025 (estimated)

New: 17 Exits: 20 Increases: 11 Cuts: 11

+ Buoni Ordinari Tesoro

Enters the portfolio at 2.07% weight.

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+ Buoni Poliennali Tesoro

Enters the portfolio at 2.07% weight.

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+ KFW

Enters the portfolio at 1.57% weight.

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+ Bono del Estado

Enters the portfolio at 1.26% weight.

View company page →

+ AC.Broadcom Inc

Enters the portfolio at 1.26% weight.

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+ Comunidad Madrid

Enters the portfolio at 1.15% weight.

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+ Buoni Poliennali Tesoro

Enters the portfolio at 0.78% weight.

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+ Landwirtsch Rentenbank

Enters the portfolio at 0.62% weight.

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+ Smith & Nephew PLC

Enters the portfolio at 0.60% weight.

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+ Ac.Adidas AG

Enters the portfolio at 0.59% weight.

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+ Buoni Poliennali Tesoro

Enters the portfolio at 0.55% weight.

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+ Orange SA

Enters the portfolio at 0.52% weight.

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+ Booking Holdings Inc

Enters the portfolio at 0.52% weight.

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+ Levi Strauss & Co

Enters the portfolio at 0.40% weight.

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+ Comunidad Madrid

Enters the portfolio at 0.37% weight.

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+ Junta de Andalucia

Enters the portfolio at 0.37% weight.

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+ Sacyr SA

Enters the portfolio at 0.19% weight.

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− EFSF

Leaves the portfolio; it was 3.02% of weight.

− Pagare Comunidad de Madrid

Leaves the portfolio; it was 1.35% of weight.

− EFSF

Leaves the portfolio; it was 0.95% of weight.

− Buoni Poliennali Tesoro

Leaves the portfolio; it was 0.84% of weight.

− Caisse D´Amort Dette Soc

Leaves the portfolio; it was 0.69% of weight.

− BPIFrance Saca

Leaves the portfolio; it was 0.68% of weight.

− European Union

Leaves the portfolio; it was 0.66% of weight.

− Oracle Corp

Leaves the portfolio; it was 0.41% of weight.

− Sacyr SA

Leaves the portfolio; it was 0.24% of weight.

− Volkswagen Intl Fin nv

Leaves the portfolio; it was 0.24% of weight.

− Levi Strauss & Co

Leaves the portfolio; it was 0.23% of weight.

− Ac.Repsol

Leaves the portfolio; it was 0.16% of weight.

− Ac.Rio Tinto PLC

Leaves the portfolio; it was 0.15% of weight.

− US Treasury N/B

Leaves the portfolio; it was 0.14% of weight.

− Informa PLC

Leaves the portfolio; it was 0.10% of weight.

− Ac.Telefonica

Leaves the portfolio; it was 0.08% of weight.

− Ac.Acerinox

Leaves the portfolio; it was 0.07% of weight.

Acerinox, S.A., together with its subsidiaries, manufactures and distributes stainless steel and high-performance alloys in Spain, the United States, Africa, Asia, rest of Europe, and internationally. It operates through Stainless Steel and High-Performance Alloys segments. The company offers flat products, including slab, billet, black coil, plate, engraved coil/sheet, cold rolled coil and sheet, hot rolled coil and sheet, and circles; and stainless steel grades comprising austenitic, ferritic, duplex, and martensitic, as well as wire stainless steels for welding. It also provides long stainless steel products, such as wire, colour coated wire, reinforcement wire, wire rod, hexagonal wire rod, bar, hot rolled and cold rolled reinforcement bar, peeled bar, black bar, profiles, hot rolled reinforcement coil, and angles. In addition, the company offers high performance alloys, including nickel and nickel alloys, cobalt alloys, zirconium, special stainless steels, aluminum and copper, powder for 3D printing, and welding consumables. Its products are used for transport, industrial equipment and engineering, construction and infrastructure, food industry, household appliances and kitchenware, and energy and environmental technology applications. Acerinox, S.A. was incorporated in 1970 and is headquartered in Madrid, Spain.

− Traton Finance Lux SA

Leaves the portfolio; it was 0.07% of weight.

− Kion Group AG

Leaves the portfolio; it was 0.07% of weight.

− Credit Agricole SA

Leaves the portfolio; it was 0.03% of weight.

▲ Comunidad Madrid

Goes from 0.11% to 1.41%.

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▲ Ac.Alphabet Clase C

Goes from 2.41% to 3.27%.

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▲ Aena SME SA

Goes from 0.04% to 0.52%.

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▲ Bono del Estado

Goes from 2.80% to 3.23%.

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▲ Ac.Micron Technology Inc

Goes from 0.54% to 0.96%.

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▲ Bono del Estado

Goes from 1.38% to 1.76%.

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▲ Toyota Motor Credit Corp

Goes from 0.17% to 0.53%.

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▲ Ac.Siemens

Goes from 0.32% to 0.64%.

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▲ Ac.Samsung Electronics Gdr

Goes from 0.54% to 0.78%.

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▲ Fiserv Inc

Goes from 0.16% to 0.38%.

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▲ Westlake Corp

Goes from 0.19% to 0.39%.

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▼ Xunta de Galicia

Goes from 2.00% to 1.52%.

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▼ Bono del Estado

Goes from 1.71% to 1.30%.

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▼ Instituto Credito Oficial

Goes from 1.39% to 1.05%.

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▼ Bono del Estado

Goes from 1.37% to 1.05%.

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▼ Ac.Microsoft

Goes from 3.46% to 3.16%.

Microsoft Corporation, a technology company, develops and supports a portfolio of technology solutions for individuals and businesses worldwide. It operates through three segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment offers Microsoft 365 Commercial, Enterprise Mobility + Security, Power BI, Exchange, SharePoint, Microsoft Teams, Microsoft 365 Security and Compliance, Microsoft 365 Copilot, and Windows Commercial on-premises and Office licensed on-premises. This segment also provides Microsoft 365 Consumer products and cloud services; LinkedIn, including talent solutions, marketing solutions, subscriptions, and sales solutions; Dynamics 365, a set of cloud-based applications; and on-premises ERP and CRM applications. The Intelligent Cloud segment offers server products and cloud services; cloud and AI consumption-based services, GitHub cloud services, health and life sciences cloud services, as well as virtual desktop offerings, and other cloud services; SQL Server, Windows Server, Visual Studio, System Center, and related client access licenses; and enterprise support services, industry solutions, Microsoft partner network, and learning experience. The More Personal Computing segment provides Windows OEM licensing and devices comprising Surface and PC accessories; XBOX hardware, and XBOX first- and third-party content and services; XBOX Game Pass and other subscriptions; XBOX Cloud Gaming, advertising, and other cloud services; and search advertising consisting of Bing, Copilot, Microsoft News, Microsoft Edge, and third-party affiliates. It sells its products through partners and retail networks. The company was founded in 1975 and is headquartered in Redmond, Washington.

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▼ Buoni Poliennali Tesoro

Goes from 1.21% to 0.92%.

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▼ Instituto Credito Oficial

Goes from 1.04% to 0.79%.

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▼ Ac.Cellnex Telecom S.A.

Goes from 0.68% to 0.43%.

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▼ Ac.Visa Inc-Class A Shares

Goes from 0.98% to 0.74%.

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▼ Eurofima

Goes from 0.99% to 0.77%.

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▼ EFSF

Goes from 0.85% to 0.65%.

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Fixed income

Declared FI exposure

192.5 M €

% of portfolio

50.0%

Positions

Issuers

Sovereign: 92.2 M € Corporate: 93.5 M € Repos / treasury management: 6.8 M €

Maturity ladder

Observed contractual maturity of each position, repos excluded. Matured/≤3 months includes bonds maturing in the first days after the period close.

13% 15% 55%

Matured or ≤3 months · 6.1%3-6 months · 3.1%6-12 months · 12.6%1-2 years · 15.0%2-5 years · 54.5%5-10 years · 6.9%Unknown · 1.8%

Maturity Positions Exposure %

Matured or ≤3 months 6 11.4 M € 6.1%

3-6 months 4 5.8 M € 3.1%

6-12 months 16 23.4 M € 12.6%

1-2 years 18 27.8 M € 15.0%

2-5 years 45 101.2 M € 54.5%

5-10 years 6 12.8 M € 6.9%

> 10 years 0 0 € 0.0%

Unknown 3 3.3 M € 1.8%

Top issuers

The 10 issuers with the largest declared exposure in this fund, repos excluded.

Issuer Type ISINs Exposure Next maturity

Reino de España Sovereign 8 33.0 M € 2026-05-31

Repubblica Italiana Sovereign 7 31.7 M € 2026-01-14

COMUNIDAD MADRID Sovereign 6 14.7 M € 2028-04-30

Instituto Credito Oficial Corporate 5 13.1 M € 2026-10-31

KFW Corporate 2 6.4 M € 2027-06-30

XUNTA DE GALICIA Corporate 1 5.9 M € 2029-04-30

Eurofima Sovereign 2 3.9 M € 2026-07-28

JUNTA DE ANDALUCIA Corporate 2 3.4 M € 2028-10-31

BPIFRANCE SACA Corporate 3 3.1 M € 2026-05-25

European Union Supranational 2 3.0 M € 2026-10-05

Top instruments

The 10 instruments with the largest declared exposure. No yield, IRR or rating: there's no reliable data to compute them.

ISIN Coupon Maturity Exposure

ES00000124C5 Reino de España 5.15% 2028-10-31 12.4 M €

IT0005631533 Repubblica Italiana — 2026-01-14 8.0 M €

IT0005654642 Repubblica Italiana 2.70% 2030-10-01 8.0 M €

IT0005611055 Repubblica Italiana 3.00% 2029-10-01 6.1 M €

DE000A383B10 KFW 2.75% 2027-10-01 6.1 M €

ES0001352550 XUNTA DE GALICIA 1.45% 2029-04-30 5.9 M €

ES00001010L6 COMUNIDAD MADRID 3.36% 2028-10-31 5.4 M €

ES0000012O59 Reino de España 2.40% 2028-05-31 5.0 M €

ES00000127A2 Reino de España 1.95% 2030-07-30 4.9 M €

ES00001010B7 COMUNIDAD MADRID 0.42% 2031-04-30 4.4 M €

Currencies

Fixed-income exposure by instrument currency.

Currency Exposure %

EUR 189.9 M € 98.7%

USD 2.6 M € 1.3%

This period's fixed-income moves

Compares the current fixed-income portfolio with the previous period, by ISIN. An exit that coincides with maturity isn't a sale: the bond reached its contractual date.

New positions: 15 Exits at maturity: 14 Exits not explained by maturity: 2

+ Buoni Ordinari Tesoro

Enters the portfolio at 2.07% weight.

+ Buoni Poliennali Tesoro

Enters the portfolio at 2.07% weight.

+ KFW

Enters the portfolio at 1.57% weight.

+ Bono del Estado

Enters the portfolio at 1.26% weight.

+ Comunidad Madrid

Enters the portfolio at 1.15% weight.

+ Buoni Poliennali Tesoro

Enters the portfolio at 0.78% weight.

+ Landwirtsch Rentenbank

Enters the portfolio at 0.62% weight.

+ Smith & Nephew PLC

Enters the portfolio at 0.60% weight.

+ Buoni Poliennali Tesoro

Enters the portfolio at 0.55% weight.

+ Orange SA

Enters the portfolio at 0.52% weight.

+ Booking Holdings Inc

Enters the portfolio at 0.52% weight.

+ Levi Strauss & Co

Enters the portfolio at 0.40% weight.

+ Comunidad Madrid

Enters the portfolio at 0.37% weight.

+ Junta de Andalucia

Enters the portfolio at 0.37% weight.

+ Sacyr SA

Enters the portfolio at 0.19% weight.

− Sacyr SA

Leaves the portfolio; it was 0.24% of weight.

− Levi Strauss & Co

Leaves the portfolio; it was 0.23% of weight.

◦ EFSF

Leaves the portfolio; it was 3.02% of weight.

◦ Pagare Comunidad de Madrid

Leaves the portfolio; it was 1.35% of weight.

◦ EFSF

Leaves the portfolio; it was 0.95% of weight.

◦ Buoni Poliennali Tesoro

Leaves the portfolio; it was 0.84% of weight.

◦ Caisse D´Amort Dette Soc

Leaves the portfolio; it was 0.69% of weight.

◦ BPIFrance Saca

Leaves the portfolio; it was 0.68% of weight.

◦ European Union

Leaves the portfolio; it was 0.66% of weight.

◦ Oracle Corp

Leaves the portfolio; it was 0.41% of weight.

◦ Volkswagen Intl Fin nv

Leaves the portfolio; it was 0.24% of weight.

◦ US Treasury N/B

Leaves the portfolio; it was 0.14% of weight.

◦ Informa PLC

Leaves the portfolio; it was 0.10% of weight.

◦ Traton Finance Lux SA

Leaves the portfolio; it was 0.07% of weight.

◦ Kion Group AG

Leaves the portfolio; it was 0.07% of weight.

◦ Credit Agricole SA

Leaves the portfolio; it was 0.03% of weight.

Disclaimer

This is not financial advice. The portfolio comes from the periodic report the fund files with the CNMV and lags the real close of the period: it is a snapshot of the end of each half-year, not a real-time portfolio.