With the price of the dollar calm and viewed askance, savers seek to beat inflation and three mutual investment funds (FCI) are generating a return in pesos that manage to exceed that objective, while offering a profit greater than the rate offered for a traditional fixed term.
That is to say, Various investment alternatives generated a higher income in pesos than the consumer price index (CPI) in March.which was 11% in that month, according to a survey by Banza accessed by iProfesional. Hence They also exceeded the interest rate of a 30-day bank depositwhich today stands at 4.93% monthly for retail placements, or 60% of TNA.
The analysts diagrammed three portfolios of mutual funds, that it is an instrument that diversify positions, It is easy to operate for the saver and is managed by experts who analyze the behavior of the selected assets on a day-to-day basis.
In this case, the FCI selected by the consulting firm are focused on investments of low risk, little volatility and immediate liquidity.
The three winning funds from March, which outperformed inflation and the fixed term, are:
1. Investment fund in pesos Plus
He FCI Adcap Pesos Plus offers a performance of 10.37% monthly (just below inflation). According to Banza analysts, it is a low-risk and 24-hour rescue fund, which more than doubles the performance of a fixed term.
Common investment funds (FCI) in pesos offer a higher return than the increase in inflation, the price of the dollar and the income of a traditional fixed term.
This fund has a strategic positioning based on an analysis of short-term assets on peso curves, of “public and private origin that allow achieving a conservative risk profile along with a high level of enforceability.” They are mostly fixed income.
“Has as purpose obtain higher returns than a fixed wholesale termmaintaining low volatility and a high level of liquidity availability,” say the experts.
Its composition, in a 42.5% of its portfolio is sovereign bonds that are based on monetary policy. Another 29% of the portfolio has sovereign bonds that adjust for CER (inflation). In addition, 7.7% of the total is fixed income corporate assets that adjust by the Badlar rate. And, among other components, it has another 7% of deferred payment checks.
2. FCI Adcap Coverage
This fixed income hedge fund invests in inflation-adjusted bonds and redemption in 48 hours, had a monthly return of 16.95%.
This fund aims to have a nominal yield that exceeds retail inflation (measured by the CER) through positioning in instruments adjustable by CER and UVA.
“It has a strategic positioning in assets of fixed income that adjusts for inflation, focusing mainly on short-term sovereign securities but with the possibility of investing in corporate and/or sub-sovereign assets,” Banza details to iProfesional.
The interest rate of mutual investment funds (FCI) in pesos reached between 11% and 22% monthly in March.
He 80% of the portfolio composition is sovereign bonds that adjust for the CER rate (inflation), and another 15% are sovereign monetary policy bonds.
3. FCI Adcap Shares
This fund that bets on shares of Argentine companies It is the one with the greatest risk, so it is designed for long-term investments that, with a 21.75% monthly return“takes advantage” of the stability of the exchange rate and beats inflation.
“With this FCI we seek achieve the maximum level of diversification possible while minimizing volatility. Furthermore, it aims to achieve a capital appreciation higher than the performance of the Rofex 20 index based on a highly diversified portfolio and active investment management, within a long-term investment horizon,” summarize the Banza analysts.
He 90% of the portfolio composition of this common investment fund are company shares. Meanwhile, the remaining 9.1% are Cedears.
In short, these three mutual funds allow you to cover yourself from the inflationand provide a higher income than what the market offers today. dollar and the traditional fixed term.-
