🛡️ Cobas Global is presented as an individual pension plan mirroring the investments of Cobas Selección.
🏦 Contributions to this plan are capped at €1,500 annually but are deductible from the income tax base.
🎯 The pension plan’s capital cannot be withdrawn until retirement, which is a key consideration for long-term investment.
✅ The effective profitability of Cobas Global is higher than Cobas Selección due to tax refunds, making it preferable under equal nominal returns.
@CobasAssetManagement:
“On the other hand, we will take into account the Cobas Global pension plan. It is an individual pension plan that imitates the investments of the Cobas Selección fund; that is, the nominal profitability obtained will be the same. But being a pension plan, it has some additional characteristics: By law, we can only contribute €1,500 annually as a maximum. The amount invested is deducted from the taxable base of the IRPF in the income tax return; that is, it is as if the Treasury returned a percentage of the investment equal to the marginal rate of IRPF that we pay in our income tax return. The capital cannot be withdrawn until retirement, an important fact but one that does not affect the comparison we are going to make.”
Watch the exact part of the video where Cobas Asset Management talks about Cobas Global here:
View the video on YouTube.
Read more articles featuring the most recent analysis of Cobas Global at this link: BLOG.
