“A regulated decision-making strategy often beats those that are not, by eliminating biases and emotional components in the investment”
What is Esfera III Adarve Altea
Esfera III is a compartment exclusively advised by Adarve Asset Management, free and open investment, with a rational methodology aimed at maximizing the savings of the participants.
Esfera III Adarve Altea is part of one of the funds of Esfera Capital Gestión SGIIC, S.A.
TESTED AND EFFICIENT PROCESS
We use a consistent and logical methodology with good results over time.
A 1% management fee that is extremely low for a product with these characteristics.
A system to last in time that does not have high dependence on an advisor. If you are going to think about decades, you need a system that is above people.
MULTIDISCIPLINARY AND COMPLEMENTARY TEAM
We are first and foremost a work team. We put the success of the project before individuals.
PASSION FOR THE WORK
We understand the world through investment. We consider the market as a necessary asset for the development of society with a vision of long-term sustainable growth.
The concept we work with is based on investing 100% of our capital at all times and almost always in Variable Income. An important part corresponds to direct investment in companies that are quoting anywhere in the world and the rest in ETFs or other collective investment institutions that allow us to gain efficient exposure, for example, to global and / or sector indexes.
We use models that implement different approaches. The combination of various asset selection strategies gives us a greater degree of diversification.
Our models are based on a universe of more than 50,000 listed companies, which are filtered by criteria of excellence until we have enough to take exposure with the advantages offered by diversification. A selection of between 30 and 50 companies.
The selection criteria that we develop in each of the strategies are very understandable and are based, mainly, on the fundamental financial statements of the companies and their assets. In some cases we normalize throughout the cycle (up to 10 years).
We use easily understandable and determining variables: gross margin, profitability of companies, price developments or indebtedness.
Our models mainly seek to identify companies with very attractive parameters and / or eliminate those that are precisely in poor ranges. This is our “secret sauce”.