PRODUCTS AND SERVICES

CA PATRIMÓNIO CRESCENTE INCOME FUND

CA PATRIMÓNIO CRESCENTE
Savings product oriented to conservative profiled clients, consisting mainly on commercial property.

8 TIMES MSCI / IPD WINNER
13 Years of activity
EUR 629 million in assets under management
21.740 Subscribers
5,24% yield achieved the last 12 months (Dec 2018)
25% Growth (December 2018)
Lowest Risk Class: 2

AN OUTSTANDING PRODUCT

THIRTEEN YEARS OF ACTIVITY
THE BIGGEST OPEN-ENDED REAL ESTATE INVESTMENT FUND
CAPC celebrated its 13th anniversary, last june 15th.
The Fund has been, within open-ended real estate investment funds, the one delivering best performance both on public acceptance – showing a growth on its subscription numbers – and on profitability levels.
At year-end 2017 the Fund won for the 8th time in a row the award for the best general real estate portfolio, for the last 3 years, by MSCI IPD – Investment Property Database.
The Fund was also awarded by APFIPP with the award for the best “open-ended real estate fund”. This award is based on Profitability VS Risk for the last 5 year period, rewarding consistent results. This award was created three years ago and CAPC won for them all.

At 31 December 2018 its composed by 114 properties distributed by Office, Retail Distribution, Hotel, Industry, Logistics, Health, Retail Street, Services and Land markets.

Technical Specifications

Up until june 30th, 2015 due taxes were withheld from investment unit values. After july 1st 2015 all investment unit values are gross and taxes are due by investors on redemption. Accordingly, results reporting to any earnings after july 1st, 2015 do not show tax due by investors.
 
Past performance is not a guarantee of future return. Investment unit values may increase or decrease according to asset appreciation. No subscription or redemption fees included. Yearly returns. Risk level range from 1 (low risk) to 7 (high risk). Investing in the Fund may result in losses of investing capital for no capital is guaranteed.
 
The Prospectus/Key Information for Investors and Management Regulations are available at the places and means of commercialization and at www.cmvm.pt.

TYPE OF FUND
Open-Ended Real Estate Investment Fund, with indefinite duration
2005-07-15
Start of activity
50 Units
Minimum subscription amount
16,24€
In 2019-05-21
Gross Participation Unit Value*
(On the date of establishment of the fund: 10 €)
UPDATE DATE:
(*) - Past performance is not a guarantee of future returns. Investment unit values may increase or decrease according to asset appreciation. No subscription or redemption fees included. Yearly returns.
COMISSIONS:
  • • Subscription: 0%
  • • Management: Fixed: 1% per year
  • • Variable: equal to 10% of the difference between 12-month Euribor rate plus 2% and the fund performance.
  • • Depositary: 0,25% per year
  • • Redemption **: between 365 and 1094 days: 1%;
    More than 1095 days: 0%
    ** See prospectus
INVESTMENT POLICY
Rigor
Profitability
Diversification of risk
Maximizing
Unit Value
Open-Ended Real Estate Investment Funds Ranking
December 2018
RANKING FUND ENTITY VALUE (€M) SHARE
1 CA Património Crescente SQUARE ASSET MANAGEMENT 629,29 8,14
2 Fundimo FUNDGER 555,5 7,18
3 Novimovest SANTANDER ASSET MANAGEMENT 344,37 4,45%
4 Vip SILVIP 294,21 3,80%
5 AF Portfólio Imobiliário MILLENIUM BCP 252,23 3,26%
6 Imofomento BPI GESTÃO DE ACTIVOS 220,43 2,85%
7 Imonegócios IMOFUNDOS 220,43 2,85%
8 NB Património GNB 220,2 2,85%
9 Valor Prime MONTEPIO 219,14 2,83%
  Others   7732,7 100%%
Market: €10.638.847,7
(Source: APFIPP – Associação Portuguesa de Fundos de investimento, Pensões e Patrimónios; December 2018)

Results: CA Património Crescente

THE BIGGEST OPEN-ENDED REAL ESTATE INVESTMENT FUND
THE BIGGEST OPEN-ENDED REAL ESTATE INVESTMENT FUND since the launching of the fund up to December, yearly net return has been 5,24%.
Throughout its decade of managership, this fund resulted in an average return between 2,5% and 5% net for the retail investors for any term between 12 and 120 months counterbalancing Euribor rates.
The high performance of CA Património Crescente has been successively recognized nationally and internationally, further consolidating the image as the best product on the market, within its category.

DEC 2018 - CA PATRIMÓNIO CRESCENTE - PERFORMANCE
VS. APFIPP REAL ESTATE INDEX
  • CA PATRIMÓNIO CRESCENTE
  • OPEN REAL ESTATE INVESTMENT FUND INDEX
DEC 2018 - CA PATRIMÓNIO CRESCENTE PROFITABILITY
VS. OPEN REAL ESTATE INVESTMENT FUND APFIPP INDEX
  • CA PATRIMÓNIO CRESCENTE
  • APFIPP real estate index

This page contains only general information on the mentioned Fund.
Its reading does not exclude the need for more detailed information, which can be found on the Management Regulation and on the Fund Report & Accounts with the Managing Company and with the Depository Bank. The value of the participation unit can be obtained from the above mentioned entities or on the CMVM site, where you can also find the Fund's portfolio.

I have read and accepted the information provided.