Invest with one of the most recognized and awarded teams in Spain

Make your savings grow in a simple and effective way with our long-term products. Invest according to your objectives and be accompanied by an expert team with more than 12 years of experience.

How to get started?

Calculate in a simple way how much money you could accumulate:

First or one-time investment(€)

0 €1.000.000 €

Monthly investment(€)

50 €20.000 €

Duration (years)

5 years100 years
years

Return (%)

0 %20 %
%

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‘Value Investing’
is investing with common sense

We invest in companies that after a thorough analysis present a high margin of safety, and whose intrinsic value is well above their market capitalization. This investment philosophy has proven successful throughout history.

Learn more about 'Value Investing'

We understand the business

We invest in companies whose business models we understand and where we can project a long-term future.

We reduce risk

We avoid companies with high debt.

We look for unique companies

We focus on those companies that have distinctive advantages over their competitors.

We analyze the management team

We closely examine the performance of the management team leading the companies in which we invest.

We maintain an adequate margin of safety

We buy shares when we identify that their value is clearly higher than their market price on the stock exchange.

Fondos de inversión
Horos Value
Iberia
Net asset value at
07/10/2024
123,21
YTD Return
1,9 %
Horos Value Internacional
Net asset value at
07/10/2024
123,21
YTD Return
1,9 %
Planes de pensiones
Horos Internacional
PP
Net asset value at
07/10/2024
123,21
YTD Return
1,9 %
Horos Internacional Empleo, PPE
Net asset value at
07/10/2024
123,21
YTD Return
1,9 %
Horos Internacional Autónomos, PPES
Net asset value at
07/10/2024
123,21
YTD Return
1,9 %
Investment team's historical performance

Total Return

*** %

Annualized Return

*** %

2024 YTD

YTD Return
Accumulated return throughout the year
(from 01/01)

*** %

2023

14,3 %

2022

4,9 %

2021

37,6 %

2020

-2,4 %

2019

12,8 %

2018

-13,7 %

2017

11,6 %

2016

11,0 %

2015

14,9 %

2014

17,6 %

2013

19,9 %

2012

13,9 %

Total Return

*** %

Annualized Return

*** %

2024 YTD

YTD Return
Accumulated return in the year
(from 01/01)

*** %

2023

15,7 %

2022

-5,2 %

2021

26,4 %

2020

-5,6 %

2019

6,6 %

2018

-6,4 %

2017

8,7 %

2016

10,2 %

2015

17,1 %

2014

13,4 %

2013

36,3 %

2012

7,1 %

*Results obtained by the investment team throughout its professional career (from May 31, 2012 and September 30, 2012 for the International and Iberian strategies, respectively, to May 21, 2018, in its previous stage, and since that date, in Horos AM). Past performance is no guarantee of future performance.

We believe so much in what we do that we are the first to invest in Horos.

Our conviction in that value investing is the best way to invest is so high that most of Horos' main partners and employees assets are invested in our products.

Why invest with
Horos?

By investing in Horos you put your savings to work with an expert investment team, guaranteeing transparency, security and always seeking the best return for your savings.

We have been recognized by several awards for our work

No previous knowledge is required

Seeking to maximize expected returns and minimize risk

Thousands of clients already trust us

Tax benefits with our products

Attractive long-term returns

No need to make a large investment

Investing where we are experts

Find the product that best suits your goals

Mutual Funds

Our equity investment philosophy is reflected in our mutual funds:

Horos Value Iberia

An Iberian equity fund that invests in Spanish and Portuguese companies following our investment philosophy based on value investing.

Horos Value International

A global equity fund that invests in stocks from any international market following our investment philosophy based on value investing.

Pension Plans

Following our long-term international investment strategy and designed to complement the public retirement pension:

Horos Internacional, PP

Global equity pension plan which invests in shares of companies listed across various markets worldwide following our investment philosophy based on value investing.

Horos Internacional Empleo, PPE

Workplace pension plan which allows both the company and the employee to make periodic contributions in order to complement the worker's retirement pension.

Horos Internacional Autonomos, PPES

Occupational pension plan for freelancers and self-employed workers, which encourages voluntary savings through periodic contributions.

With our exclusive App, you can follow the progress of your savings and their performance in real time. In addition, you can carry out your transactions with total comfort and security, from anywhere and at any time.

With this application we demonstrate our commitment to transparency and accessibility with all our co-investors.

Invest
If you are already a client, download the app to track the progress of your investments.

With Horos, investing has never been easier

Now you too can easily invest in equities, increasing your savings without having to invest large amounts of money or expend a great deal of effort.

01

Find the product that best suits your objectives

Choose between our mutual funds or our pension plans.

02

Indicate the amount you want to invest

You can do it periodically or whenever you wish.

03

Provide your data to create a profile

We will only need your Tax Identification Number to complete the registration process.

04

Watch your savings start to grow

In our app you will be able to visualize in real time the performance of your savings.

Our clients endorse us

I am a shareholder in Horos Internacional pension plan and I am very happy with the investment philosophy the managers practice. They are a great investment team who is totally aligned with us, the shareholders. In our first interaction, the sales representative showed great patience in explaining everything in full detail to me. I will continue to make contributions to the pension plan every year.

Salva Gil
IT Technician

I am invested in their personal pension plan and the truth is that I am very happy with the results. The return they are obtaining is very interesting and the communication with the shareholder is second to none! 100% recommended to all savers!

Esther Revenga
Teacher

Excellent value investing-oriented capital management firm. A team of professionals who honor the mission and values they profess, with deep knowledge of the stock markets and the companies they bet on. Credibility, sensitivity, attention to detail plus a personalized and well-crafted customer service. I have been investing with them for five years, and not only the value of my investments has increased considerably, but also the treatment I have received is unbeatable.

Marta Rodríguez
Consultant, mentor and trainer in Organizational Welfare and Talent Development

A friend of mine told me about the Horos mutual funds and, after following his advice, I decided to invest a portion of my savings with them. So far, my decision has proven to be wise, as not only have I increased my capital, but I have also enjoyed an excellent customer service. There is always someone available to answer any questions I may have, and they respond quickly and efficiently, which gives me great peace of mind and confidence in my investment.

Roberto Ramos
Project manager in innovation

A management team that genuinely embraces a value investing philosophy. A team of independent managers whose interests are fully aligned with those of their clients. In my case, I have trusted them since they were in Metagestión SGIIC, and I continue to trust them now in Horos. I could not be happier as I’m aware the returns I’m obtaining are difficult to get from other managers. 100% recommended.

José Mora García
Investment relations

As a lawyer specialized in finance, I highly value Horos’ approach to value investing and their commitment to transparency and communication with clients. I have been collaborating with them for 4 years and my main objective was to find where to invest my savings for the long term. Thanks to its young and dynamic team, they guarantee an ethical and responsible service that has also proven to obtain very good results (their Iberian fund was the most profitable in its category in 2021).

Ignacio Pinedo
Lawyer

Excellent personal experience with the group of people that leads this investment manager. I knew them when they were managing other fund in their previous firm, and without a doubt I bet on them in this new stage.

Pablo Sanchís
Senior Financial Planning and Analysis

My small capital could not be in better hands. Despite the difficult times we are living, the results are good.

Rita Bello
Retired

I’m an investor in the international fund since the beginning of 2023 and the truth is that I didn’t expect to obtain such positive results in such a short period of time. This is my first time buying this type of financial product and, because of that, I appreciate greatly that they have spent as much time as needed to solve all my doubts and explain the fund’s holdings in full detail. It gives me peace of mind that such a good investors invest their money along mine, and that they do it by applying a common sense-based method. I wish I had known them before!

Erika Hita
Team Leader

Hello, I am an investor in the international Horos fund because we share the market vision, both from the point of view of “value investing” and from the “Austrian school of economics”. Their quarterly letters are exquisite for delving into both market philosophies. Furthermore, when investing in Horos you have the advantage that, despite the great track record of results of its managers, the assets managed are much smaller than in other similar managers, which gives it investment flexibility and unique future potential. If you add to this that the managers are the owners of the company and that they invest their assets with yours, I can’t think of any other investment where you can sleep more peacefully.

Fabián González
Doctor in microbiology

We are craftsmen of investments

Behind every decision are numerous hours of work, attention to detail and maximum dedication. Like a craftsman, we constantly seek excellence in every step of the way.

Latests publications

Go to article

Letter to our co-investors 3Q24...

Dear co-investor, The third quarter of 2024 has seen unprecedented volatility in Asian markets, with dramatic swings in the Japanese and Chinese stock markets not seen in decades. Meanwhile, in the West, equity markets have remained relatively stable, with major indices continuing their relentless rise.…...

October 29, 2024

Go to article

Letter to our co-investors 2Q24...

Dear co-investor, After wrapping up the second quarter of 2024, we can highlight few new developments in financial markets. The reality is that the euphoric dynamics in the technology sector persist, to a greater or lesser extent, pushing the U.S. stock market to new highs…...

August 6, 2024

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Letter to our co-investors 1Q24...

Dear co-investor, The start of 2024 has once again been very positive for global equities, continuing the excellent performance already shown in 2023. Our Horos Value Internacional and Horos Value Iberia funds have been part of this trend, posting returns of 5.9% and 1.1%, respectively....

May 9, 2024

Go to article

Letter to our co-investors 4Q23...

Dear co-investor, First of all, I would like to take this opportunity to wish you all the best for the new year. We concluded 2023 with two reasons for celebration....

January 29, 2024

Go to article

Letter to our co-investors 3Q23...

Dear co-investor, This quarter, the management team formed by Alejandro, Miguel and myself is celebrating eleven years working in the complex and fascinating world of investing. A period in which we have remained faithful to the same investment principles and in which we have always…...

October 9, 2023