The fund managers of Cartesio are committed to investing all their financial assets savings in the Cartesio funds, as reflected in Cartesio's Internal Code of Conduct. Since the launch of the funds in 2004, the founding partners of Cartesio have remained as managers, and three new partners who are part of the management team have joined them.

We intentionally have only two differentiated funds. This allows us to concentrate the management team's efforts on improving when a fund does not perform as expected, instead of closing the fund or launching a new one. This guarantees a dedicated and transparent approach. By combining both funds, clients can choose a suitable level of risk for their investment portfolio.

The funds are managed with the objective of outperforming the risk-adjusted returns of European equities (Cartesio Y) and long-term eurozone government debt (Cartesio X). To achieve this objective, we try to minimize losses and recover them in the shortest possible time. Investments are based on fundamental research and long-term thinking, avoiding short-term strategies.

We have lower fees than the market average among active management funds that combine a fixed and performance related management fee. The high-water mark guarantees a fair performance fee. That is, in case of losses, a performance fee is not charged again until those losses are recovered. If five years pass without positive returns, a new high-water mark will be established.

Nos avalan diversos premios y reconocimientos. Cartesio X y Cartesio Y tienen una calificación de cinco estrellas Morningstar, esto quiere decir que están en el primer decil en rentabilidad- riesgo en sus respectivas categorías. Además, Cartesio tiene un Morningstar Medalist Rating en ambos fondos.

High flexibility in asset allocation. We seek to adapt the funds to market opportunities and risks. Stock selection differs considerably from the fund's benchmark index, a high “active share” is key when considering ourselves active managers. We believe that cash is another asset that protects capital and allows portfolios to react quickly to changes in the market.

We publish a monthly management report for each fund, pioneering and exemplary in the market. It details the portfolio composition, performance, and volatility both in absolute terms and in relation to the benchmark index for the fund. Additionally, it includes commentary on the factors that have influenced the fund's performance and future strategy.

Over twenty years of successful fund management, both funds have Morningstar´s top quantitative rating. A cohesive, independent team with a long common trajectory both in fund management and in the company.