INVERMAY SICAV (EUR) S1649.ES

Invermay SICAV is a Spanish investment vehicle whose objective is to achieve long‐term capital appreciation through a global investment policy. It is actively managed rather than tracking any specific benchmark index.

The policy allows the SICAV to invest broadly in asset classes without being limited to equities or fixed income exclusively, but with a focus on a global scope. It is not harmonised under EU UCITS regulation ("no armonizada"), which implies a more flexible investment framework under Spanish regulation.

The issuer is Urquijo Gestión, S.G.I.I.C., S.A., which manages the fund. The entity is structured as a Sociedad de Inversión de Capital Variable (SICAV), a variable capital investment company domiciled in Madrid, with BNP Paribas acting as depositary.