The objective is to create an endowment fund whose return will provide the necessary economic stability to the activities promoted by the foundation, and at the same time will make possible the plans for growth and expansion that we intend to promote.

THE APPROACH

is to maintain the value of the fund in real terms—in other words, discounted the effect of inflation—so part of the return will be directed to increase the endowment fund.

THE MONEY OF THE ENDOWMENT FUND

is invested in vehicles which are specialised in the management of this type of funds. The objective of investment is to obtain a growth of capital in the short to long term by investing in a diversified asset portfolio.