A mutual fund is an entity without legal personality of its own, whose assets are made up of contributions from a variable number of investors. These funds have a custodian entity and an investment manager. The function of the investment manager is to collectively invest these contributions in various financial assets, such as fixed income or variable income securities, following predefined guidelines. Each investor owns a part of the fund’s assets in proportion to the value of their contributions. These assets will grow or decrease depending on the profitability of the financial assets that make up the fund and the capital inflows and outflows.

You can register directly on our website at this link. To complete the registration process, we will need your personal data, including your postal and tax address, as well as the completion of a Suitability test and a Knowledge test. At the end of the process, you must specify whether it is a subscription or a fund transfer. We will also ask you to upload a copy of your ID or valid identification document to our platform, or send it by email to info@horosam.com.

Yes, you can contract periodic contributions once you are already a client. To make the periodic contribution you have to follow the following steps: 1º You can start the periodic contribution process from your client area by clicking on Operate” and selecting “New operation”. On the next page, choose “Periodic contributions” in the “Type of operation” field and follow the steps indicated until you validate the operation by SMS. 2º Tell your bank to make an automatic transfer every month to the account of the fund you wish to contract. For Horos Value Iberia, use the IBAN ES23 0038 5777 1800 1604 2804, and for Horos Value International, use the IBAN ES28 0038 5777 1600 1604 2812.

If you are already a direct Horos client, you can place the redemption order by accessing your client area at this link The cut-off time for the order to be placed with a value on day D is 2:00 p.m. Refunds will always be settled on D+2, that is, two days after the date of the redemption order. The money will be transferred to the account indicated by the participant, which must be in his or her name.

There are no restrictions on the withdrawal of investment funds, but the management company may require up to 10 days’ notice for refunds exceeding 300,000 euros. In addition, if the total amount withdrawn by the same member in a 10-day period reaches or exceeds 300,000 euros, the fund manager will request 10 days’ notice for new redemption requests made in the following 10 days, regardless of their amount. To calculate these figures, the total of the redemptions ordered by the same representative will be considered.