Orfeo Capital Universum, IF
Investment philosophy
Orfeo Capital Universum FI is a signature fund with high links to its manager, Miguel Ángel Temprano. The substitution of this may imply important changes both in the stock selection policy and in the fund’s investment strategy.
It is a global mixed income fund, where the investment in RV will be between 0 and 70%, leaving the rest invested in RF. The main objective of the strategy followed is to obtain positive returns in any market scenario, but always with a primary objective of preserving assets, without following any benchmark. The foregoing may lead to occasional but large treasury positions, as well as the use of risk hedging derivatives. This objective is pursued through a careful selection of securities, analyzed using “fundamental analysis” criteria. All the securities in the fund’s portfolio are managed under strict criteria in order to limit losses in the event of their value falling, so it must be framed within absolute return funds.