Cobas LUX SICAV - Cobas Selection Fund Class P Acc EUR LU1372006947

Cobas LUX SICAV - Cobas Selection Fund Class P Acc EUR is an investment fund managed by Cobas AM, classified by Morningstar as Global Small/Mid-Cap Equity and domiciled in Luxembourg. It was launched on 16 March 2016 and manages 337.94m GBP. Its ongoing charge is 1.57% a year. It accumulates its income (no dividends paid out).

It doesn't fit any of the index families in the catalogue, so it is tracked on its own benchmark.

Stated objective, as published by Financial Times:

The Sub-Fund seeks to provide principal preservation and long term capital appreciation by offering an exposure to Global Equities. There is however no guarantee that the Sub-Fund will achieve its investment objective. The Su b-Fund is actively managed. The benchmark index MSCI Europe Total Net Return is used for comparison purposes only. The Sub-Fund can deviate significantly from the benchmark index. The Sub-Fund normally invests in the common stocks of companies with, in the Investment Manager's opinion, a sustainable competitive advantage. Consistent with preserving principal, the Investment Manager intends to select investments that, in its opinion, have low downside risk and high upside potential. The Investment Manager intends to purchase securities that trade at a discount to their calculated intrinsic value, thus providing a margin of safety to the investment.

Financial Times

• Open Neto and go to Investments (a Neto PRO feature).
• Search for the product by ISIN (funds) or by ticker (ETFs).
• Enter your units and your average purchase price.
• The app updates the price and recalculates your net worth on its own.

Everything you add feeds the same number you see on the main screen, so you don't keep one app for spending and another for investments: it's the same picture.

What ongoing charge (TER) does Cobas LUX SICAV - Cobas Selection Fund Class P Acc EUR have?

According to the Financial Times, 1.57% a year. It is what the product deducts from its own value for running it; you don't pay it separately and it is already reflected in the price you see in Neto.

Does Cobas LUX SICAV - Cobas Selection Fund Class P Acc EUR accumulate or distribute dividends?

It accumulates: dividends received are reinvested inside the product instead of being paid out. In Neto you see that as a price increase, not as income.

How is Cobas LUX SICAV - Cobas Selection Fund Class P Acc EUR identified?

By its ISIN, LU1372006947. Funds are not exchange-listed: they have a daily net asset value published by the manager. In Neto you add it by that ISIN and the price updates on its own.

Can I track Cobas LUX SICAV - Cobas Selection Fund Class P Acc EUR in Neto?

Yes. Add it by its ISIN, enter your units and average price, and the app keeps the value up to date and adds it to your net worth, next to your accounts, savings and debts. No broker connection.