Member since Sep '02
Working languages:English to SpanishFrench to SpanishSpanish (monolingual)Spanish to EnglishEnglish to French French to EnglishEnglish (monolingual)French (monolingual)
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|   Miguel Garcia Uriburu - Euroffice Advisory Services
LAWYER+FORMER BANKER+EXPERIENCE+RELIABLE
Andalucia, / Native in: Spanish  | Contact:   
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| | YOUR FRIENDLY TROUBLESHOOTER... | | | Freelancer/Company,  Verified member | | | Translation, Interpreting, Editing/proofreading |  | | Specializes in: | | Business/Commerce (general) | Religion | | Real Estate | Poetry & Literature | | Law (general) | General / Conversation / Greetings / Letters | | Finance (general) | Economics | | Certificates, Diplomas, Licenses, CVs | Management |
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| English to Spanish - Standard rate: 0.05 EUR per word / 20 EUR per hour
French to Spanish - Standard rate: 0.05 EUR per word / 20 EUR per hour
Spanish - Standard rate: 0.05 EUR per word / 20 EUR per hour
Spanish to English - Standard rate: 0.05 EUR per word / 20 EUR per hour
English to French - Standard rate: 0.05 EUR per word / 20 EUR per hour
| | | Questions answered: 4533, Questions asked: 0 Easy / 0 PRO, PRO-level points: 7305 | | | lt_3 employees | | | 2004 | | | Euro (eur), U. S. dollars (usd) | | | http://advisoryservices.es | | | Sample translations submitted: 1| English to Spanish: Commodities Fund | Source text - English
The Fund offers investors exposure to a diversified portfolio of commodities. The Fund aims to outperform its commodity index1 through exposure to a proven investment process: a rules-based strategic methodology called the Tangible Asset Programme (“TAP”).
We offer:
1. One of the first UCITS III compliant funds that aims to outperform its commodity index.
2. A proven investment process, which was developed by commodity specialists.
3. An investment strategy that aims to produce equity-like returns over the market cycle but with lower risk.
Why Invest In Commodities?
If your goal is to maximize a portfolio’s risk-adjusted return, commodities should be regarded as a permanent part of a well-diversified portfolio. Commodities are a legitimate and distinct asset class, with returns comparable to equities but with lower risk and volatility. The returns cannot be replicated with a combination of other assets (for example, stock and bonds). Commodities add significant value and utility by providing diversification, by helping to increase the risk-adjusted return of a portfolio, and by providing protection from inflation.
Equity-Like Returns
Over the long term, commodities have historically produced returns that are comparable to equities but with lower volatility.
Improve Risk-Adjusted Returns
Investing in commodities can help improve a portfolio’s risk-adjusted return due to the low correlation of returns with traditional asset classes (equities and bonds).
A New Solution
We believe that the Fund offers investors superior direct exposure to the benefits of the commodities asset class. In addition to providing liquid and diversified exposure to the commodities futures markets, the Fund also targets outperformance of its commodity index by leveraging the TAP Strategy.
The Fund is fully UCITS compliant and thus benefits from robust regulatory oversight and transparency. The Fund uses a combination of swaps and investments in fund units to capture the excess returns (or losses) of the TAP Strategy against the [______] Index. The result is a product that offers true exposure to tangible long only-commodities futures with the transparency and accessibility of a UCITS structure.
The TAP Strategy
The TAP methodology balances strict portfolio construction guidelines with market-driven implementation strategies. The process has historically produced stronger returns than both of the most commonly used commodity indices since the launch of the Strategy in 1987.
The process has also produced similar returns to the S&P 500 Index over the same period but with lower risk. This stronger risk-adjusted return can be seen by the Strategy’s lower Standard Deviation and higher Sharpe Ratio.
Market-Driven Implementation
As the commodity futures contracts near the last trading date or first delivery date, our managers either close out the positions or “roll them over” into a new contract. The timing of this process is opportunistic, and is based on the managers’ experienced assessment of liquidity levels and price activity in the market.
| Translation - Spanish
El Fondo les ofrece a los inversores la exposición a una cartera diversificada de productos básicos (“commodities”). El Fondo apunta a superar su índice de productos básicos (“commodity index”) a través de la exposición a un proceso de inversiones ya comprobado: una metodología estratégica basada en reglas, llamada el Programa de Activos Tangibles (“TAP”).
Ofrecemos:
1. Uno de los primeros fondos que cumplen con la UCITS III y que apunta a superar su índice de productos básicos (“commodity index”).
2. Un proceso de inversión comprobado, que fue desarrollado por especialistas en productos básicos (“commodities”).
3. Una estrategia de inversión que apunta a producir rendimientos similares a aquellos de los títulos de renta variable pero con un riesgo menor.
¿Porqué invertir en productos básicos (“commodities”)?
Si su meta es maximizar un rendimiento de cartera ajustado por riesgos, los productos básicos (“commodities”) deberían ser considerados como una parte permanente de una cartera bien diversificada. Los productos básicos (“commodities”) son una clase de activos bien diferenciada y legítima, con rendimientos comparables a los instrumentos de renta variable pero con menor riesgo y volatilidad. Los rendimientos no se pueden reproducir con una combinación de otros activos (por ejemplo, acciones y bonos). Los productos básicos (“commodities”) agregan valor significativo y funcionalidad al proporcionar diversificación, ayudando a incrementar el rendimiento ajustado por riesgos de una cartera y aportando protección contra la inflación.
Rendimientos similares a los de renta variable
En el largo plazo, los productos básicos (“commodities”) han producido rendimientos históricos que son comparables a aquellos de los instrumentos de renta variable pero con menor volatilidad.
Mejorar los rendimientos ajustados por riesgos
Invertir en productos básicos (“commodities”) puede ayudar a mejorar el rendimiento ajustado por riesgos de una cartera debido a la baja correlación de los rendimientos con las clases tradicionales de activos (acciones y bonos).
Una nueva solución
Creemos que el Fondo les ofrece a los inversores una exposición mejor y más directa a los beneficios del tipo de activos que son los productos básicos (“commodities”). Además de permitir una exposición líquida y diversificada a los mercados de futuro de los productos básicos (“commodities”) el Fondo también apunta a superar su índice de productos básicos (“commodities”) al apalancar la estrategia TAP.
El Fondo cumple totalmente con UCITS y por ende se beneficia con una robusta transparencia y supervisión de los reguladores. El Fondo utiliza una combinación de operaciones de permuta financiera (“swaps”) e inversiones en unidades de participación en fondos para atrapar los rendimientos en exceso (o pérdidas) de la estrategia TAP contra el Índice [______]. El resultado es un producto que ofrece una auténtica exposición a productos básicos (“commodities”) ya comprados y tangibles, con la transparencia y fácil acceso de una estructura UCITS.
La estrategia TAP
La metodología TAP equilibra las estrictas pautas para la construcción de una cartera con estrategias de implementación orientadas hacia el mercado. Históricamente, el proceso ha producido rendimientos más atractivos que los dos índices de productos básicos (“commodities”) más habitualmente utilizados desde el lanzamiento de la estrategia en 1987.
El proceso también ha producido rendimientos similares a los del Índice S&P 500 durante el mismo período pero con menor riesgo. Este rendimiento más sólidamente ajustado por riesgos se puede vislumbrar en la razón (“ratio”) de Desviación Estándar más baja y la razón (“ratio”) Sharpe más alta.
Implementación orientada hacia el mercado
Al acercarse la última fecha para hacer transacciones o primera fecha de entrega fijada en los contratos de futuro de productos básicos (“commodities”), nuestros gestores/operadores o cierran las posiciones o las “renuevan/reinvierten” en un nuevo contrato. La oportunidad para este proceso se fundamenta en la experimentada evaluación de los gestores/operadores en cuanto a los niveles de liquidez y la actividad de los precios en el mercado.
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| | | Mike Garcia | | | zzzzz Other zzzzz | | | | | | MA-Faculty of Law and Social Science, Buenos Aires, Argentina. | | | Years of translation experience: 10. Registered at ProZ.com: May 2002. Became a member: Sep 2002. | | | N/A | | | Argentine Banks Association | | | Adobe Acrobat, Microsoft Excel, Microsoft Word, Other (MS Word, Windows XP, Adobe), Powerpoint, Wordfast | | | http://advisoryservices.es | | | Miguel Garcia Uriburu endorses ProZ.com's Professional Guidelines. | | About me
Absolutely fluent,both oral and written,in english, spanish and french.Was an International Banking Executive for 30 years, and was a writer and is a reader/addict. Graduated during 1976 (in Argentina ) as a Lawyer. Therefore is highly trained for legal, business,financial and/or banking translations.Can also handle other subjects.
Available at all times on phones 00-34-952175692 or 00-34-952175666 or mobile phone 00-34-647237804.-
Is reasonable regarding pricing and the equation tariff vs.type and size of job. Is 63 years old, with a vast experience in legal, banking, business and financial activities. Being a lawyer, has the necessary legal knowledge. | This user has earned KudoZ points by helping other translators with PRO-level terms. Click point total(s) to see term translations provided.
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| Job type | | Translation | 1 | | | Language pairs | | English to Spanish | 1 | | | Specialty fields | | Accounting | 1 | | Finance (general) | 1 | | | Other fields |
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