# MARCH FLEXIBLE MAX 30, FI

Gestionado por **MARCH ASSET MANAGEMENT, S.G.I.I.C., S.A.** (https://www.iberfunds.com/gestoras/march-asset-management).

## Identificación

| Dato | Valor |
| --- | --- |
| NIF | V82161365 |
| Nº de registro CNMV | 1655 |
| Divisa | EUR |
| Activo | Sí |
| Depositario | BANCO INVERSIS, S.A. |

## Cifras principales

Declaración de 30/06/2026.

| Concepto | Valor |
| --- | --- |
| Patrimonio | € 28,3M |
| Valor liquidativo | € 9,26 |
| Partícipes | 104 |
| Rentabilidad del periodo | 3,37 % |
| Volatilidad (VaR histórico) | 2,16 % |
| Volatilidad del valor liquidativo | 3,51 % |

## Valoración

Queda por encima de los fondos de su vocación en casi todo lo que medimos. Medido contra los fondos de su misma vocación (98 fondos), sobre la declaración de 30/06/2026.

| Eje | Valoración | Evidencia |
| --- | --- | --- |
| Coste | Barato para su vocación | fuerte |
| Dinero invertido | Tiene invertido más dinero que la mayoría de los fondos de su vocación | fuerte |
| Gestión activa real | Se parece bastante al fondo típico | media |
| Consistencia | Gana más trimestres de los que pierde | débil |
| Trayectoria | Rindió mejor que la mayoría de los fondos de su vocación | débil |

Puntuación sobre criterios públicos y comprobables, no es una recomendación de inversión.

## Cartera

84 posiciones declaradas a 30/06/2026.

| Valor | ISIN | Tipo | País | Valor (€) | Peso |
| --- | --- | --- | --- | --- | --- |
| BONO \| UNION EUROPEA \| 3.13 \| 2028-12-05 | EU000A3K4EN5 | Bond | EU | € 2,0M | 7,19 % |
| DEUDA \| BUNDESOBLIGATION \| 2027-04-16 | DE0001141851 | Government Bond | DE | € 1,7M | 5,96 % |
| ACCIONES \| WISDOMTREE METAL SEC | JE00BN2CJ301 | Equity | JE | € 1,7M | 5,93 % |
| RFIJA \| NETHERLANDS GOVE \| 0.75 \| 2028-07-15 | NL0012818504 | Government Bond | NL | € 1,3M | 4,59 % |
| DEUDA \| ITALY BUONI POLIENNA \| 2.200 \| 2027-06-01 | IT0005240830 | Government Bond | IT | € 999K | 3,52 % |
| DEUDA \| BUNDESREPUBLIK DEUTS \| 0.250 \| 2028-08-15 | DE0001102457 | Government Bond | DE | € 944K | 3,33 % |
| PARTICIPACIONES \| ISHARES CORE EM IMI UCIT | IE00BKM4GZ66 | Fund | IE | € 927K | 3,27 % |
| BONO \| ESTADO HOLANDA \| 2.13 \| 2031-07-15 | NL00150006U0 | Government Bond | NL | € 847K | 2,99 % |
| Participaciones \| NEUBERG BRM SHORT DUR EMERG MA | IE00BDZRX185 | Fund | IE | € 614K | 2,17 % |
| BONO \| DEF CAISSES DESJARDI \| 3.25 \| 2028-04-18 | XS2613159719 | Bond | XS | € 606K | 2,14 % |
| BONOS \| BNP PARIBAS SA \| 1.375 \| 2029-05-28 | FR0013422011 | Bond | FR | € 565K | 1,99 % |
| BONO \| CIE FINANCEMET FONCI \| 0.50 \| 2028-03-16 | FR00140095D5 | Bond | FR | € 553K | 1,95 % |
| RENTA \| REPSOL INTERNATIONAL \| 2.250 \| 2026-12-10 | XS1148073205 | Bond | XS | € 512K | 1,81 % |
| OBLIGACION \| EUROPEAN INVESTMENT BAN \| 2.75 \| 2030-07-30 | XS2626024868 | Government Bond | XS | € 501K | 1,77 % |
| RFIJA \| MORGAN STANLEY \| 1.38 \| 2026-10-27 | XS1511787589 | Bond | XS | € 489K | 1,72 % |
| BONO \| LA BANQUE POSTALE \| 1.00 \| 2027-02-09 | FR00140087C4 | Bond | FR | € 487K | 1,72 % |
| EMISIONES \| EUROPEAN UNION \| 2.505 \| 2028-06-02 | EU000A287074 | Bond | EU | € 469K | 1,66 % |
| RFIJA \| BANCO SANTANDER \| 0.30 \| 2026-10-04 | XS2063247915 | Bond | XS | € 466K | 1,64 % |
| Obligaciones \| Bonos del Estado \| 3.900 \| 2039-07-30 | ES0000012L60 | Government Bond | ES | € 455K | 1,60 % |
| BONOS \| MORGAN STANLEY \| 0.497 \| 2031-02-07 | XS2292263121 | Bond | XS | € 436K | 1,54 % |
| RFIJA \| NETHERLANDS GOVE \| 0.50 \| 2032-07-15 | NL0015000RP1 | Government Bond | NL | € 436K | 1,54 % |
| BONOS \| BANK OF AMERICA CORP \| 0.654 \| 2031-10-26 | XS2248451978 | Bond | XS | € 428K | 1,51 % |
| BONO \| ANHEUSER-BUSCH CO \| 2.13 \| 2027-12-02 | BE6320934266 | Bond | BE | € 417K | 1,47 % |
| BONO \| ADIF ALTA VELOCIDAD \| 3.25 \| 2029-05-31 | ES0200002105 | Government Bond | ES | € 405K | 1,43 % |
| BONO \| CRITERIA CAIXA SA \| 3.25 \| 2030-11-25 | XS3007624417 | Bond | XS | € 397K | 1,40 % |
| BONOS \| IBERDROLA FINANZAS S \| 3.000 \| 2031-09-30 | XS2909822194 | Bond | XS | € 396K | 1,40 % |
| BONO \| VOLKSWAGEN LEASING GMBH \| 0.38 \| 2026-07-20 | XS2343822842 | Bond | XS | € 391K | 1,38 % |
| Obligaciones \| ENAGAS SA \| 1.375 \| 2028-05-05 | XS1403388694 | Bond | XS | € 386K | 1,36 % |
| BONO \| BANKINTER SA \| 1.25 \| 2027-06-23 | ES0213679OF4 | Bond | ES | € 386K | 1,36 % |
| BONOS \| ELECTRICITE DE FRANC \| 2.000 \| 2030-10-02 | FR0013368545 | Bond | FR | € 379K | 1,34 % |
| BONO \| BUNDESREPUB. DEUTSCHLAND \| 1.70 \| 2032-08-15 | DE0001102606 | Government Bond | DE | € 378K | 1,33 % |
| BONO \| DEUTSCHE TELEKOM \| 1.75 \| 2031-03-25 | DE000A2TSDE2 | Bond | DE | € 373K | 1,32 % |
| Obligaciones \| ESTADO ESPAÑOL \| 2.700 \| 2030-01-31 | ES0000012O00 | Government Bond | ES | € 302K | 1,07 % |
| RFIJA \| EUROPEAN STABILI \| 1.62 \| 2029-12-04 | EU000A3K7MW2 | Government Bond | EU | € 289K | 1,02 % |
| PARTICIPACIONES \| PICTET- ROBOTICS | LU1279334053 | Fund | LU | € 249K | 0,88 % |
| PARTICIPACIONES \| FIDELITY INVESTMENTS | LU0650958233 | Fund | LU | € 242K | 0,86 % |
| Acciones \| XTRACKERS | IE00BGV5VN51 | Fund | IE | € 212K | 0,75 % |
| DPAM L Bonds Emerging Sustainable F USD | LU1200235437 | Fund | LU | € 212K | 0,75 % |
| Bonos \| FERROVIE DELLO STATO \| 3.750 \| 2027-04-14 | XS2532681074 | Government Bond | XS | € 204K | 0,72 % |
| Bonos \| TOYOTA MOTOR CORP \| 3.625 \| 2031-07-15 | XS2857918804 | Bond | XS | € 203K | 0,72 % |
| Obligaciones \| ESTADO ESPAÑOL \| 3.100 \| 2031-07-30 | ES0000012N43 | Government Bond | ES | € 203K | 0,72 % |
| BONO \| L OREAL SA \| 2.88 \| 2028-05-19 | FR001400HX81 | Bond | FR | € 201K | 0,71 % |
| RFIJA \| ENI SPA \| 0.38 \| 2028-06-14 | XS2344735811 | Bond | XS | € 178K | 0,63 % |
| Acciones \| ASM LITHOGRAPHY HOLDING | NL0010273215 | Equity | NL | € 172K | 0,61 % |
| BONO \| GOLDMAN SACHS \| 0.75 \| 2032-03-23 | XS2389353264 | Bond | XS | € 163K | 0,58 % |
| PARTICIPACIONES \| ROBECO INVESTOR SERV | LU0821169231 | Fund | LU | € 157K | 0,55 % |
| Acciones \| PALO ALTO NETWORKS INC | US6974351057 | Equity | US | € 149K | 0,53 % |
| FONDO \| FIDELITY FUNDS - GLO | LU1457522305 | Fund | LU | € 145K | 0,51 % |
| Acciones \| ROCHE HOLDING | CH1499059983 | Equity | CH | € 135K | 0,48 % |
| Acciones \| IBERDROLA | ES0144580Y14 | Equity | ES | € 131K | 0,46 % |
| Acciones \| APPLE COMPUTER INC | US0378331005 | Equity | US | € 117K | 0,41 % |
| Acciones \| ING GROEP | NL0011821202 | Equity | NL | € 111K | 0,39 % |
| Acciones \| ANHEUSER BUSCH INBEV NV | BE0974293251 | Equity | BE | € 109K | 0,38 % |
| Acciones \| NVIDIA CORP. | US67066G1040 | Equity | US | € 105K | 0,37 % |
| Acciones \| MICROSOFT CORP | US5949181045 | Equity | US | € 98K | 0,35 % |
| Acciones \| INDITEX - INDUST. DE DISE O TE | ES0148396007 | Equity | ES | € 98K | 0,35 % |
| PARTICIPACIONES \| DNB EUROPEAN DEFENCE D E | NO0013620799 | Fund | NO | € 98K | 0,35 % |
| Acciones \| DEUTSCHE TELECOM | DE0005557508 | Equity | DE | € 95K | 0,34 % |
| Acciones \| ALPHABET INC-CL A | US02079K3059 | Equity | US | € 88K | 0,31 % |
| Acciones \| SERVICENOW | US81762P1021 | Equity | US | € 87K | 0,31 % |
| ACCIONES \| AMERICAN WATER WORKS | US0304201033 | Equity | US | € 86K | 0,30 % |
| Acciones \| SIEMENS AG | DE0007236101 | Equity | DE | € 84K | 0,30 % |
| Acciones \| AMAZON.COM | US0231351067 | Equity | US | € 83K | 0,29 % |
| Acciones \| BROADCOM LTD | US11135F1012 | Equity | US | € 83K | 0,29 % |
| Acciones \| NESTLE | CH0038863350 | Equity | CH | € 81K | 0,29 % |
| Acciones \| CIE FINANCIERE RICHEMONT | CH0210483332 | Equity | CH | € 81K | 0,29 % |
| Acciones \| CAMECO CORPORATION | CA13321L1085 | Equity | CA | € 80K | 0,28 % |
| Acciones \| EOGRESOURCES | US26875P1012 | Equity | US | € 80K | 0,28 % |
| Acciones \| BERKSHIRE HATHAWAY | US0846707026 | Equity | US | € 77K | 0,27 % |
| Acciones Vonovia SE | DE000A1ML7J1 | Equity | DE | € 77K | 0,27 % |
| Acciones \| JP MORGAN CHASE CO | US46625H1005 | Equity | US | € 76K | 0,27 % |
| Acciones \| BANCO SANTANDER CENTRAL HISPAN | ES0113900J37 | Equity | ES | € 76K | 0,27 % |
| Acciones \| EATON CORP PLC | IE00B8KQN827 | Equity | IE | € 75K | 0,26 % |
| Acciones \| FACEBOOK | US30303M1027 | Equity | US | € 74K | 0,26 % |
| Acciones \| RWE | DE0007037129 | Equity | DE | € 74K | 0,26 % |
| ACCIONES \| BHP GROUP LTD | AU000000BHP4 | Equity | AU | € 72K | 0,25 % |
| Acciones \| EUROPEAN AERONAUTIC DEFENSE EA | NL0000235190 | Equity | NL | € 71K | 0,25 % |
| Acciones \| TOTAL FINA ELF S.A. | FR0000120271 | Equity | FR | € 61K | 0,22 % |
| Acciones \| OCCIDENTAL PETROLEUM | US6745991058 | Equity | US | € 60K | 0,21 % |
| Acciones \| LVMH | FR0000121014 | Equity | FR | € 58K | 0,21 % |
| Acciones \| PROCTER GAMBLE | US7427181091 | Equity | US | € 58K | 0,20 % |
| Acciones \| SCHNEIDER ELECTRIC | FR0000121972 | Equity | FR | € 57K | 0,20 % |
| Acciones \| FREEPORT-MCMORAN COPPER | US35671D8570 | Equity | US | € 55K | 0,19 % |
| Acciones \| MCDONALS CORPORATION | US5801351017 | Equity | US | € 51K | 0,18 % |

Página: https://www.iberfunds.com/fondos/march-flexible-max-30-fi

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Fuente: declaración a la CNMV de 30/06/2026, publicada por Iberfunds.
Cita: Iberfunds, sobre declaraciones a la CNMV — https://www.iberfunds.com