presentación institucional iam-mayo 2019-ingles...iam ahorro pesos annualized effective rate...

I N S T I T U T I O N A L P R E S E N TAT I O N

M AY 2 0 1 9

OUR HISTORY

Industrial Asset Management S.A. arises from the purchase of a former managing company ,MBA Lazard tHoldings S.A., which owned 95% of the share capital, while the remaining 5% belonged to MBA Sociedad de Bolsa SA. In this way we started

to be part of the Bind Group, a group of companies with a common identity that together provide financial services.

Industrial Asset Management manage Mutual Funds supported by Banco Industrial S.A ,as depositary. When you choose to invest with us, you agree to products designed and managed by professionals with experience and knowledge that enhanced

value by investing in multiple assets with upside potential and low risk.

We provide investors to a range of alternatives funds with a portfolio approach that takes into account each investors profile in terms of profitability and savings expectations.

With our Mutual Funds IAM family, we offer a simple way to invest, based on our in-depthlocal knowlegde that optimizes risk-return trade-off.

ABOUT GRUPO BIND

We are a financial group that provides agile, simple and innovative solutions to exceed your expectations.

The companies that make up Grupo BIND are: BIND Banco Industrial, BIND Inversiones (grouping the Managing Company of FCI Industrial Asset Management and the securities broker Industrial Valores), BIND Garantías, BIND Broker de Seguros, BIND

Leasing, Credicuotas, MOON Money Online, Jubilo, Poincenot Fintech Studio and B-Trader.

Among our recently most outstanding milestones: -we have been awarded as "Best Bank for PyMES of Argentina 2018"(CFI.co); - We launched the BIND APIBank product, being pioneers at a nation and regional level in offering open APIs; -we create a disruptive financial product together with MercadoPago to turn the users of the application into investors; -Improving the rating to "Positive from Stable" by FixScr (Fitch Ratings); -We have received a USD 50 million loan and

commercial financing line from the IFC World Bank to expand the bank's loans to small and medium-sized companies.

With a constant growth, the BIND Group actually manages a total of 1,500 Million dollars, providing support to the needs of more than 500 thousand clients thanks to the team work of 760 collaborators, positioning us as referents in the innovation

and services of the Argentine financial system.

IAM MUTUAL FUNDS

A Simple way of investing,minimizing risks.

Fondo IAMAhorro Pesos

Fondo IAMAbierto PyMes

Fondo IAMRenta Variable

Fondo IAMRenta Crecimiento

MercadoFondo

Fondo IAMPerformance Américas

Fondo IAMRenta Plus

Fondo IAMRenta Dólares

Fondo IAMRenta Capital

Fondo IAM Estrategia

PURPOSE AND ADVANTAGES

Diversification: Each investor owns a share (Cuotaparte) that represents a portion of a set of assets reducing unique risk.

Liquidity: Mutual funds allow investors to access to cash in a shorter period of time than other similar assets.

Cost reduction: Allows to replicate index easily and at lower cost than buying individual assets.

Provide small and medium investors the opportunity to boost their savings together and invest in the financial market with the criteria and professionalism as large investors.

OUR FUNDS FAMILY

PesosIAM Renta PlusIAM Renta CapitalIAM CrecimientoIAM Abierto Pymes

DólaresIAM Performance AméricasIAM Renta DólaresIAM Estrategia

FIXED INCOME

IAM Ahorro Pesos

MONEY MARKET

IAM Renta Variable

EQUITY

RETURN / TERM

SHORT MEDIUM LONG

TERM

LOW

MED

IUM

HIG

H

IAM Ahorro Pesos

IAM Renta Plus

IAM Renta Capital

IAM Renta Crecimiento

IAM Renta Dólares

IAM Renta Variable

IAM Renta Estrategia

Yield Curve in $ Yield curve in USD LATAM curve

RE

TU

RN

IAM Performance Américas

IAM Abierto Pymes

IAM AHORRO PESOS

Annualized EffectiveRate

Returns Class A Class B

Year 2018 23,36% 23,36%

2019 Ytd. 41,02% 41,02%

Last 30 days 49,24% 49,24%

03/06/19

Fund IAM Ahorro - Class B Share

Main Funds Assets

Portfolio composition

The sum of shares may differ from 100% due to the possible existence of liabilities (for example: shares redeemed to be paid, etc.).

The portfolio is actively managed so that current positions can be different.

Fund Objective: The portfolio follows a conservative approach investing in short term assets and seeks to achieve a higher performance than its benchmark (50% saving account rate plus 50% fixed deposit rates).

Investor Profile: The fund is aimed to investors with a high level of risk aversion and whose objective is to preserve capital by obtaining daily liquidity.

Additional information:

Classes

Class A

Class B

Class C

Class D

Character

Individual investor

Corporate investor

Bind employees

+500MM

Fees-Nominal Anual Rate*

1,30%

1,00%

1,00%

1,00%

Inception date: September 3, 2015 Currency: ARS Net Assets: $ 4.887.874.798 Average life: 4 daysRedemption payments: Immediate Rating: “AA” Moody´sType of fund: Money Market

Management Fees

Tax treatmentCorporates: Exempt from taxes on bank debits and credits.Individuals: Exempt from tax on bank debits and credits.

Bloomberg Code: IAMAHPB AR (Equity)Reuters Code: LP68336124

* there are no sales charge or redemption charge.

69,91%

30,09%

CASH &EQUIVALENTS

TERM DEPOSITS

1,47%

1,53%

2,07%

2,95%

2,95%

Term Deposit Nacion

Term Deposit...

Term Deposit Nacion

Term Deposit Nacion

Term Deposit Nacion

2,700

2,500

2,300

2,100

1,900

1,700

1,500

may

-18

jun

-18

jul -

18

aug

-18

sep

-18

oct

-18

nov

-18

dec

-18

jan

-19

feb

-19

mar

-19

apr

-19

may

-19

IAM RENTA PLUS


Year 2018 26,15% 26,43%

2019 Ytd. 47,61% 47,99%

Last 30 days 53,47% 53,70%

03/06/19

Fund Objective: Maximize the performance of a portfolio of diversified fixed-income local assets in pesos. It prioritizes the preservation of capital in terms of return adjusted risks.

Investor Profile: The fund is aimed at investors with a low appetite for risk and whose objective is the conservation of capital, maintaining a high level of liquidity in the short term.

Additional information:

Classes

Class A

Class B

Class C

Class D

Character

Individuals

Corporates

Bind employees

+500MM


1,96%

1,74%

1,74%

1,74%

Inception date: September 3, 2015 Currency: ARS Net Assets: $ 572.431.656 Average life: 39 daysRedemption payments: 24 hours Rating: “A-bf.ar” Moody’s

Management Fees


Bloomberg Code: IAMREPB AR (Equity)Reuters Code: LP68335684



Fund IAM Renta Plus - Class B Share

Main Funds Assets


The sum of the shares may differ from 100% due to the possible existence of liabilities (for example: shares redeemed to be paid, etc.).


2,800

2,600

2,400

2,200

2,000

1,800

1,600

1,400

may

-18

jun

-18

jul -

18

aug

-18

sep

-18

oct

-18

nov

-18

dec

-18

jan

-19

feb

-19

mar

-19

apr

-19

may

-19

42,07%

34,94%

13,89%8,00%

1,10%

CASH &EQUIVALENTS

CORP.BONDS

TERMDEPOSITS

ASSET BACKED

SECURITIES

SUBSOVS.BONDS

4,27%

4,68%

5,99%

6,85%

9,61%

FF Mercado Credito

ON Credishop

ON Bco de la Prov de BsAs

FCI FST Pesos Clase B

ON Bco Supervielle

IAM RENTA CAPITAL

Fund IAM Renta Capital - Class B



Year 2018 25,88% 26,14%

2019 Ytd. 42,26% 42,59%

Last 30 días 49,25% 49,46%

03/06/19

Main Funds Assets




Fund Objetive: Maximize the performance of a diversified local bonds portfolio with attractive valuation and low volatility.

Investor Profile: The fund is aimed to investors with a low level of risk aversion and whose objetive is to access to a diversified portfolio of fixed income assets with an adequate level of volatility.

Aditional Information: Inception date: July 5, 2016 Currency: ARS Net Assets: $1.123.055.109 Average life: dyad days Redemption payments: 24 hours Rating: “A-bf.ar¨ Moody´s

Bloomberg Code: IAMRCAB AR (Equity)Reuters Code: LP68378845

Classes

Class A

Class B

Class C

Class D

Character

Individuals

Corporates

Bind employees

+500MM


2,06%

1,86%

1,86%

1,86%

Management Fees



2,400

2,300

2,200

2,100

2,000

1,900

1,800

1,700

1,600

1,500

1,400

may

-18

jun

-18

jul -

18

aug

-18

sep

-18

oct

-18

nov

-18

dec

-18

jan

-19

feb

-19

mar

-19

apr

-19

may

-19

47,30%

34,46%

14,23%

4,02%

CORP. BONDS

CASH &EQUIVALENTS

TERM DEPOSITS

ASSETBACKED

SECURITIES

3,56%

3,78%

3,98%

4,50%

5,25%

11,30%

ON Bco Supervielle

PF HSBC

FCI Optimum Ultra

FCI Megainver Liquidez

ON Bco de Galicia

FCI FST Pesos

IAM RENTA CRECIMIENTO

Funds IAM Renta Crecimiento - Class B



Year 2018 13,83% 18,02%

2019 Ytd. 78,30% 78,94%

Last 30 días 10,65% 10,95%

03/06/19

Main Fund Assets




Fund Objetive: Seek to optimize return on a diversified medium-term fixed income portfolio.

Investor Profile: The fund is aimed to investors with a medium risk level whose objetive is to be able to access a diversified portfolio of Argentine fixed-income assets within a medium-term horizon.

Aditional Information: Inception date: September 4, 2015 Currency: ARS Asset: $52.630.826 Average life: 74 days Redemption payments: 48 hours Rating: “BBB-bf.ar” Moody´s

Bloomberg Code: IAMRECB AR (Equity)Reuters Code: LP68335833

Classes

Class A

Class B

Class C

Class D

Character

Individuals

Companies

Bind employees

+500MM


2,26%

1,96%

1,96%

1,96%

Management Fees

Tax treatmentCompanies: Exempt from taxes on bank debits and credits.Individuals: Exempt from tax on bank debits and credits.


4,000

3,500

3,000

2,500

2,000

1,500

may

-18

jun

-18

jul -

18

aug

-18

sep

-18

oct

-18

nov

-18

dec

-18

jan

-19

feb

-19

mar

-19

apr

-19

may

-19

29,50%24,96% 23,25%

11,73%10,56%

SUBSOVS... CASH &EQUIV...

OTHERASSETS

SOVS.BONDS

CORP.BONDS...

10,56%

11,73%

14,99%

29,50%

66,61%

ON Credito Directo

A2J9

Pagaré

PBAG9

DLR0062019

IAM ABIERTO PYMES

Fund IAM Abierto Pymes - Class B Share

03/06/19


Returns Class B

Year 2018 22,46%

2019 Ytd. 39,97%

Last 30 days 48,23%

Fund Objetive: Invest in products aimed at financing Pymes (small and medium businesses).

Investor Profile: The fund is aimed at qualified investors, with a moderate level of risk aversion and whose investment horizon is medium term.

Aditional Information: Release date: November 30, 2015 Currency: ARSAsset: $153.384.622 Average life: 71 days Payment of rescues: 48 hours Rate Risk: “A” Moody´sType of Fund: Pymes

Bloomberg Code: IAMREAB AR (Equity)Reuters Code: LP68348485

Classes

Class A

Class B

Class C

Class D

Character

Person

Entity

Person / Entity related

> $500M


2,59%

2,19%

1,29%

1,14%

Management Fees

Tax treatmentCompanies: Exempt from taxes on bank debits and credits.Individuals: Exempt from tax on bank debits and credits.

Main Fund Assets


Portfolio Composition


60,68% 55,08%

12,70%

OTHER ASSETS GUARANTEEDCHECKS

CASH &EQUIVALENTS

3,30%

3,45%

3,70%

6,14%

6,56%

8,77%

Caucion

FF Unicred Cheques

FCI Megainver

ON Pyme Catajuy

FCI FST Pesos

ON Seda Pic

1,600

1,400

1,800

2,000

2,200

2,400

2,600

apr-

19

may

-19

may

-18

jun-

18

jul-1

8

aug-

18

sep-

18

oct-

18

nov-

18

dec-

18

jan-

19

feb-

19

mar

-19

IAM RENTA DÓLARES03/06/19


Returns

Year 2018

2019 Ytd.

Last 30 days

Class A

3,74%

0,90%

4,45%

Class B

3,86%

1,00%

4,55%

Fund IAM Renta Dólares - Class B Share

Classes

Class A

Class B

Class C

Class D

Character

Individuals

Corporates

Bind employees

+ 30MM


0,5605%

0,4605%

0,4605%

0,4605%

Management Fees

Tax treatmentCompanies: Exempt from taxes on bank debits and credits.Individuals: Exempt from tax on bank debits and credits and from income tax.


Main Fund Assets




Fund Objetive: Maximize the performance of a portfolio of diversified fixed-income short term dollar assets. It prioritizes the preservation of capital, seeking to invets in assets of high credit quality and with low volatility.

Investor Profile: The fund is aimed to investors with a conservative risk level whose objetive is to access a diversified portfolio of Argentine fixed-income financial dollar assets within a short-term horizon.

Aditional Information: Inception dates: March 13, 2017 Currency: USDNet Assets: USD 36.981.413 Average life: 61 yearsRedemption payments: 24 hours Rating: A Moody´s

Bloomberg Code: IAMRDBOB AR (Equity)Reuters Code: LP68413477

0,9900

1,0000

1,0100

1,0200

1,0300

1,0400

1,0500

1,0600

jul-1

8

aug-

18

sep-

18

oct-

18

nov-

18

dec-

18

jan-

19

feb-

19

mar

-19

apr-

19

may

-19

58,12%

17,32% 13,81%

5,41% 5,33%

SOVS.BONDS

USD

CASH &EQUIVALENTS

CORP. BONDS

USD

TERM DEPOSITS

USD

ABS USD

5,41%

5,95%

8,98%

10,77%

11,27%

11,86%

PF Bco Macro

U28J9D

PBJ19D

U26L9D

U30G9D

U19L9D

IAM ESTRATEGIA03/06/19

Fund Objetive: Maximize the performance of a portfolio of diversified fixed-income assets un dollars.The fund seeks opportunities for capital gain and proactive management along the yield curve.

Investor Profile: The fund is aimed at investors with a moderate level of risk whose objetive is to be able to access a diversified portfolio of Argentine fixed-income assets in dollars within a medium-term horizon.

Aditional Information: Inception date: March 13, 2017 Currency: USDAsset: USD 1.472.619 Average life: 110 days Redemption payments: 48 hours Rating: BBB Moody´s Bloomberg Code: To be definied (Equity)Reuters Code: To be defined Annualized Effective

Rate

Returns

Year 2018

2019 Ytd.

Last 30 days

Class A

7,36%

-4,92%

6,91%

Class B

7,52%

-4,73%

7,11%

Fund IAM Estrategia - Class B Share

Classes

Class A

Class B

Class C

Class D

Character

Individuals

Corporates

Bind employees

+ 30MM


0,92%

0,72%

0,72%

0,72%

Management Fees



Main Fund Assets




0,9000

0,9200

0,9400

0,9600

0,9800

1,0000

1,0200

1,0400

may

-18

jun-

18

jul-1

8

aug-

18

sep-

18

oct-

18

nov-

18

dec-

18

jan-

19

feb-

19

mar

-19

apr-

19

may

-19

Bonar 2024 18,58%

ON EPEC 2022 11,16%

FF Vicentin Clase B 10,11%

ON GEMSA 2020 6,30%

Bonar 2020

John Deere Clase XI

5,49%

5,04%

29,65%

22,04%

18,87% 16,92%

12,51%

SUBSOVS.BONDS

USD

CORP.BONDS

USD

ABS USD SOVS.BONDS

USD

CASH &EQUIVALENTS

IAM RENTA VARIABLE03/06/19

Direct Returnon Investment

Returns

Year 2018

2019 Ytd.

Last 30 days

Class A

78,65%

12,72%

11,62%

Class B

85,11%

13,04%

11,64%

Funds IAM Renta Variable - Class B


Main Fund Assets

Fund Objetive: Seeks long-term capital appreciation. The investment policy is based on low asset turnover, risk diversification and selection of stocks with good performance and attractive valuation.

Investor Profile: The fund is aimed to investors with a high level of risk whose objetive is to obtain a yield superior to the Benchmark (Merval) by accessing a diversified portfolio of stocks.

Aditional Information: Release date: November 8, 2017 Currency: ARS Asset: $10.588.507 Payment of rescues: 48 hours Rate risk: “Ef3-bf.ar” Moody´s

Bloomberg Code: RTAVAAB AR (Equity)Reuters Code: LP65067481

The sum of the shares may differ from 100% due to the possible existence of liabilities (for example: shares redeemed to be paid, etc.)


Classes

Class A

Class B

Class C

Class D

Character

Individuals

Corporates

Bind employee

+30MM


2,87%

2,67%

2,87%

2,37%

Management Fees



13,000

14,000

15,000

16,000

17,000

18,000

19,000

20,000

21,000

may

-18

jun-

18

jul-1

8

aug-

18

sep-

18

oct-

18

nov-

18

dec-

18

jan-

19

feb-

19

mar

-19

apr-

19

may

-19

89,01%

6,61% 4,37%

STOCKS OTHER ASSETS

CASH &EQUIVALENTS

6,61%

7,85%

9,02%

9,36%

9,99%

13,36%

15,25%

PBAG9

SUPV

YPFD

TGSU2

BMA

GGAL

PAMP

IAM PERFORMANCE AMÉRICAS03/06/19


Returns

Year 2018

2019 Ytd.

Last 30 days

Class A

n.a.

2,46%

2,59%

Class B

n.a.

2,46%

2,59%

Fund IAM Performance - Class B Share

Fund Objetive: Maximize the performance of a fixed income asset portfolio (mostly MERCOSUR + Chile) with a duration of 1 to 3 years.Its benchmarck will be the EE.UU. 2 years treasury bills.

Investor Profile: The fund is aimed at investors with a conservative profile and whose objetive is to allocate their surpluses in economies of the region.

Aditional Information: Inception date: October 12, 2018 Currency: USDAsset: USD 46.852.069 Average life: 444 days Redemption payments: 72 hours Rating: Aaa Moody´s

Bloomberg Code: to be defined (Equity)Reuters Code: to be defined

Classes

Class A

Class B

Class C

Class D

Character

Individuals

Corporates

Bind employees

+30MM


0,5%

0,5%

0,5%

0,5%

Management Fees




Main Fund Assets

The sum of the shares may differ from 100% due to the possible existence of liabilities (for example: shares redeemed to be paid, etc.)


1,0100

1,0120

1,0140

1,0160

1,0180

mar

-19

apr-

19

apr-

19

apr-

19

apr-

19

may

-19

may

-19

may

-19

may

-19

may

-19

57,53%

30,13%

6,26% 6,08%

CORP. BONDS

USD

SOVS. BONDS

USD

EFT CASH&EQUIVALENTS

5,47%

6,26%

7,15%

7,94%

8,66%

12,19%

ON Banco Bradesco 19

IBTALN

ON Banco Santander de Chile

ON Itau Unibanco Brasil 2021

ON MORGAN STANLEY

Titulo Publico Brasil 2021

SEP 2015 / INCEPTION

$386.309.400 $2.625.023.730+579% over Sep 15

DEC 2016

$5.451.504.997+107% over Dec 16

DEC 2017

$12.829.554.882,66+135% over Dec 17

MAY 2019

GROWTH

* Assets under management

BIND RATING

MEDIUM TERMLONG TERM

IAM FUNDS RATING

IAM RENTA CRECIMIENTO

IAM RENTA VARIABLE

IAM AHORRO PESOS

IAM ABIERTO PYMES

IAM RENTA PLUS

IAM RENTA DÓLARES

IAM RENTA CAPITAL

IAM ESTRATEGIA MERCADO FONDO

IAM PERFORMANCE AMÉRICAS

Javier PadovaPresidente

[email protected]

(+54 11) 15 3042 0278

@

Javier PopowskyDirector

[email protected]

(+54 11) 15 5220 5755

@

Ignacio BoccardoDirector

[email protected]

(+54 11) 15 5579 0310

@

Diego CetaniGerente Comercial

[email protected]

(+54 11) 15 4415 6578

@

Daniela CastaldoDirectora

[email protected]

(+54 11) 15 6707 5216

@ @

Martin Salvo, CFA Head Portfolio Manager

[email protected]

(+54 11) 15 3801 2107

Ezequiel BarrientosHead Back Office

[email protected]

(+54 11) 15 5576 3058

@

Paola Bazán GóngonaPortfolio Manager

[email protected]

(+54 11) 15 5954 1450

@

Pamela PereyraPortfolio Manager

[email protected]

(+54 11) 15 6533 9713

@

OUR TEAM

THANK YOU!

presentación institucional iam-mayo 2019-ingles...iam ahorro pesos annualized effective rate...

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