Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

Renta 4 Valor Relativo R, FI

Ranked 19 out of 85 in - Bond Strategies over 12 months
All calculations are in EUR unless stated

Managed by

Carmen S. García Navarro

Carmen S. García Navarro is a portfolio manager at Renta 4. With more than eight years of experience in financial markets, she began her professional career in Renta 4 as fixed income analyst. Since 2015 has been co-managing the fixed income funds Renta 4 Valor Relativo, Renta Fija Corto Plazo, Renta Fija Internacional and Foncuenta Ahorro y ING Direct Fondo Naranja. She is a CFA charterholder, passing the three exams on the first attempt. She holds a master's degree in administration and business management from the Complutense University from Madrid 2004-2009.

Ignacio Victoriano


The Fund invests 0%-100% of the total exposure in equities and/or fixed income, without predetermining by type of assets, public/private issuers, currencies, countries, sectors, duration or credit quality, up to 100 % of the total exposure may be low quality fixed income. The currency risk will be 0%-100% of the total exposure. Alternative strategies of relative value will be implemented in the management of investments, such as interest rates curves, spreads between countries or directional trading in fixed income; and arbitration or neutral market, in variable income.

Showing fund performance in South Africa View performance globally


Bond Strategies over : 30/09/2017 - 30/09/2018
  • Rank 19/85 Total Return
  • Rank 51/85 Standard Deviation
  • Rank 41/85 Max Drawdown
Fund Name Currency Risk
49 Pharus SICAV - Absolute Return A EUR


50 Insight - Absolute Insight Credit B1p EUR EUR


51 Renta 4 Valor Relativo R, FI EUR


52 Bel Air Product Strategy Dynamic USD C EUR Cap

Currency exposure is hedged

Currency exposure is hedged



53 ShelteR Invest Defensive Income I Cap EUR


Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 0.0% -1.1% 0.9%
2017 4.8% 1.8% 0.9% 1.3% 0.8%
2016 6.4% 1.4% 1.5% 2.3% 1.1%
2015 4.1% 5.9% -2.1% -1.2% 1.7%
2014 6.5% 3.0% 2.0% 0.7% 0.7%
2013 7.3% 1.4% -1.1% 4.0% 2.8%
2012 10.3% 8.9% -8.2% 5.2% 4.8%
2011 -9.0% 3.7% 0.5% -9.3% -3.7%
2010 3.6% 0.1%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Spain

Fund Info

  • Launch date22/04/2010
  • Share Class size187Mn
  • Base currencyEUR
  • ISIN ES0128522002

Purchase Info

  • Min. initial investment10
  • Min. regular additional investment0


  • Annual management1.25%
  • Initial investment0.00%

Related News

Why volatility is key for selectors eyeing Alt Ucits bond strategies

Bond strategy PMs discuss the important elements selectors should focus on when choosing strategies.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).