Who we are
We are fund managers
Cartesio is a fully regulated Sociedad Gestora de Instituciones de Inversión Colectiva (SGIIC) registered with the Spanish National Securities Market Commission (CNMV).
En 2004 tres socios fundaron Cartesio con una visión clara: gestionar inversiones de manera sencilla, transparente y hacerlo con incentivos distintos a los de la industria. El primer patrimonio que gestionamos fue el nuestro, marcando un compromiso personal que sigue vigente. Hasta hoy, más de 5.000 clientes se han sumado a Cartesio para convertirnos en una de las principales gestoras independientes de España.
20+
Years of experience
Under management
2
funds since inception
6
Awards to Cartesio and the funds
8
Partners, three founders
14
Years average team tenure at Cartesio
Cartesio funds begin their journey on March 31. Cartesio has three founding partners: Juan Antonio Bertrán, Cayetano Cornet and Alvaro Martínez. The name (Descartes in Latin and Italian) is a nod to a fundamental, Cartesian vision ("I think, therefore I am") of fund management.
Cartesio Y – Expansión/Standard & Poor's Award for Best Global Flexible Mixed Fund.
Cartesio becomes the Management Company of the two funds. Cartesio Inversiones SGIIC, registered and regulated by the Spanish National Securities Market Commission (CNMV).
Cartesio launches the Luxembourg replica of Cartesio Y (now Cartesio Equity).
Cartesio launches the Luxembourg replica of Cartesio X (now Cartesio Income).
Cartesio Y- Morningstar Award for Best Euro Flexible Fund.
Cartesio turns 10 years old.
Cartesio – Expansión-Allfunds Bank Award for Best Spanish Fund Management Company
Cartesio – Morningstar Award for Best European Multi-asset and Alternative Manager.
Cartesio names two new partners: Ignacio Carvajal and Ignacio Sanz, fund managers and analysts since 2015.
Cartesio launches its own SICAV in Luxembourg and merges its two vehicles in Luxembourg which become Cartesio Funds Income and Cartesio Funds Equity.
Cartesio Equity – Morningstar Award for Best Euro Flexible Fund.
In March, Cartesio funds celebrate 20 years since inception and do so with historic highs. Cartesio X's overall rating is Five Morningstar Stars and Cartesio Y's is Four Morningstar Stars.
Cartesio names three new partners: Itzíar Alvarez, Juan Ignacio González and Jorge Losa. All employees with managerial or investment management responsibility at Cartesio are partners.
Cartesio X – Morningstar Award for Best Euro Mixed Fund.
Why choose us
Our incentives
We invest all our financial assets in the funds that we manage
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.
Only two funds
We intentionally have only two management strategies, which 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.
Capital protection and risk management
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.
Low management fees, both fixed and performance
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.
Active management
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.
Transparency
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.
The team
We are Cartesio
Awards
Recognition
Best Euro Mixed Fund
Cartesio X
Best Euro Flexible Fund
Cartesio Equity
Best European Multi-Asset and Alternative Fund Manager
Cartesio SGIIC
Best National Fund Manager 2015
Cartesio SGIIC
Best Euro Flexible Fund
Cartesio Y
Best Euro Flexible Fund
Cartesio Y
Continue browsing