Gesconsult

Good Governance RV USA

The Good Governance Fund systematically selects the 100 companies that rank the highest in terms of quality of Governance within the S&P500 universe ex tobacco, defence, and oil companies.

Governance is measured with a proprietary methodology, the Stewardship model, which has been developed by Professor Cossin of IMD in Lausanne, Switzerland over the last 10 years. It is based on the systematic analysis of the language used by the companies in their 10-K reports.

The “investment philosophy” of the model, through the systematic selection of the 100 companies in the S&P 500 most aligned with the principles of good governance, is to identify those with the highest quality of management teams and Boards of Directors. This higher quality of corporate governance teams and processes results in a clearly superior performance of these companies compared to the index in the medium and long term.

The model has been backtested (2016 to 2018), in paper-trading format and then implemented in a SICAV RAIF format since February 2019. The model has outperformed the S&P 500 Total Return by over 4-5% p.a. (net) on average.

Main Characteristics

Full ESG compliant approach with a main focus on the ‘G’ element of S&P 500 companies; rated as top-quartile by Impact Cubed, an independent rating company.

Systematic model with quarterly re-balancing.

Documentation [Spanish]

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If you want to invest in this fund, please contact us through the website.

Portfolio manager

Lucas Maruri

Global Equity Portfolio Manager

More information

ISIN Share Class A (Retail)
ES0138922044

ISIN Share Class I (Institutional)
ES0138922077

Launch date
16/07/2021

Depositary
Banco Caminos

Risk level

A team of talented and experienced professionals

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Do not hesitate to contact us if you have any questions

Gesconsult SGIIC

 C/ Príncipe de Vergara 36, 6º dcha
 28001 Madrid
 Tel: +34 91 577 49 31
 Email: fondos@gesconsult.es

Firm registered with the CNMV

Founded in 1987, Gesconsult is an asset management firm of collective investment institutions (SGIIC) registered with the National Securities Market Commission (CNMV).

About us

We invest in companies we know in depth to obtain the highest return by prioritizing capital preservation and risk management.

Legal notice: All returns are expressed in net terms, after expenses and fees. Past performance is not indicative of future performance. All returns referring to periods longer than one year are annualised. You can contact us through the website or by sending an email to info@gesconsult.com. Source: Gesconsult SGIIC.