# Returns
## Performance evolution (rebased to 100) from 10/09/2009 to 3 1/08/2018*
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50
Portfolio (186.96)	Comparative Index (235.98)
| Cumulative returns * |  |  |  |  |  |  |  |  | Risk analysis (rolling) |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  | YTD | 1 m onth | 3 m onths | 1 yea r | 3 yea rs | 5 yea rs | Since |  |  | 1 yea r | 3 yea rs | 5 yea rs |
| Since | 29/12/2017 | 31/07/2018 | 31/05/2018 | 31/08/2017 | 31/08/2015 | 30/08/2013 | 10/09/2009 |  | Portfolio vola t i l i ty | 7.24% | 8.15% | 8.26% |
| Portfolio | -0.17% | -0.59% | -0.16% | 4.07% | 24.88% | 32.37% | 86.96% |  | Sha rpe ra t io | 0.34 | 0.84 | 0.64 |
| Com pa ra t ive Index | 4.85% | 1.24% | 4.35% | 13.10% | 40.19% | 62.76% | 135.98% |  |  |  |  |  |
| Calendar year performance * |  |
|  | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |  |  |  |
| Portfolio | 11.93% | 10.14% | -1.71% | 2.30% | 13.06% | 11.38% | -1.20% | 15.03% | - | - |  | Performance analytics |  |
| Com pa ra t ive Index | 22.40% | 7.51% | -0.87% | 4.94% | 26.68% | 16.32% | -5.70% | 11.20% | - | - |  |  | Inception to da te |
|  |  |  |  |  |  |  |  |  |  |  |  | Ma xim um dra wdown | -13.70% |

* Source : Am undi. The a bove results perta in to full 12 - m onth period per ca lenda r yea r. All perform a nces a re ca lcula ted net incom e reinvested a nd net of a l l cha rges ta ken by the Sub- Fund a nd expressed with the round- off superior. Pa st perform a nce is not a relia ble indica tor of future perform a nce. The va lue of investm ents m a y va ry upwa rds or downwa rds a ccording to m a rket conditions.

Translation (ENES, 2018-08-31):
# Rentabilidades
## Evolución de la rentabilidad (base 100) *
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Cartera (186,96)	Índice comparativo (235,98)

# *
|  | Desde el | 1 m es | 3 m eses | 1 a ño | 3 a ños | 5 a ños | Desde el |  |  | 1 a ño 3 a ños | 5 a ños |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Desde el | 29/12/2017 | 31/07/2018 | 31/05/2018 | 31/08/2017 | 31/08/2015 | 30/08/2013 | 10/09/2009 |  | Vola t i l ida d de la ca rtera | 7,24%  8,15% | 8,26% |
| Ca rtera | -0,17% | -0,59% | -0,16% | 4,07% | 24,88% | 32,37% | 86,96% |  | Cociente de Sha rpe | 0,34	0,84 | 0,64 |
| Índice com pa ra t ivo | 4,85% | 1,24% | 4,35% | 13,10% | 40,19% | 62,76% | 135,98% |  |  |  |  |
| Rentabilidades anuales * |  |
|  | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |  |

Ca rtera	11,93%  10,14%  -1,71%  2,30%  13,06%  11,38%  -1,20%  15,03%	-	-
Índice com pa ra t ivo	22,40%  7,51%  -0,87%  4,94%  26,68%  16,32%  -5,70%  11,20%	-	-
| Pla zo de recupera ción (dia ) | 138 |
| --- | --- |
| Peor m es | 05/2010 |
| Peor renta bilida d | -6,08% |
| Mejor m es | 10/2015 |
| Mejor renta bilida d | 7,07% |

* Las rentabilidades siguientes cubren períodos completos de 12 meses para cada año natural. Las rentabilidades pasadas no garantizan los resultados futuros. El valor de las inversiones puede variar al alza o a la baja en función de la evolución de los mercados.