We invite you to review some of the key milestones for Fynsa Total Return during this period:

1. Since its inception it has ranked among the top 5 among local equity funds at the end of each year, and in terms of its cumulative return since inception, it ranks in the top 2 among comparable local equity funds.
2.  The fund has managed to generate an excess return over the IPSA of more than 36%.
3. Due to its high-conviction bias and its greater focus on value, the fund stands out for its performance in both absolute terms and relative to the IPSA.
4. It has succeeded in offering investors a highly profitable and viable investment alternative, recognizing the need for liquidity in today’s market.

Below is a summary of the fund's performance since its inception:

As 2023 begins, the fund has once again managed to outperform its competitors, posting a return of 2.69%, generating a 1.54% outperformance over the IPSA during the same period.

Since its inception, on January 9, 2020, through the end of January, the fund has posted a return of 45.1%, making it one of the two local equity funds with the best returns during that period and significantly outperforming the IPSA, generating an excess return of 36.44%.

During 2020, the fund posted a return of 1.33%, which, in hindsight, is an excellent performance, as it ranked among the two funds in the strategy with the best returns that year out of 40 comparable funds, and outperformed the index by 16.06% during that period.

 In 2021, the fund once again posted an outstanding return, with a 3.78% return, once again outperforming the IPSA (+0.64%) and ranking among the top 5 funds in that strategy that year in terms of returns.

Finally, during 2022, the fund delivered an extraordinary return, demonstrating its strong performance and consistency with a 34.36% return, once again outperforming the index by 12.23%, and once again securing a spot among the top 5 competitor funds. 

This is the team behind the Fynsa Total Return Fund's strategy:

“The Fund’s strategy has demonstrated consistency over its first three years, in an extremely dynamic market environment. According to our analysis, the Chilean market is one of the few globally capable of driving up valuations in a high-interest-rate environment. Over our first three years of track record, the Fund has outperformed the market in every rolling 12-month period.”

 Jose Joaquín Prieto, Investment Manager.