--- title: "Silverway Global · Apex Equity Fund | Global Equity Fund" url: https://silverway.com/apex-equity-fund/en/ language: en alternate: https://silverway.com/apex-equity-fund/ description: "Silverway Global – Apex Equity Fund (ISIN LU3256039929). Actively managed global equity UCITS fund. Investment philosophy, portfolio composition and legal documentation (KID, prospectus, factsheet, marketing memorandum)." publisher: "Silverway Asset Management, SGIIC, S.L. (Registro CNMV n.º 298)" updated: 2026-10-08 --- # Silverway Global Apex Equity Fund A globally focused, actively managed UCITS equity fund with a strong conviction-based investment approach. We invest for the long term in companies that have entry barriers or possess monopoly power. Legal documentation Discover the strategy - **Category**: Global Equities - **Base currency**: EUR - **Liquidity**: Daily - **Minimum recommended horizon**: 5/10 years - **Risk indicator**: 4 / 7 Investment philosophy ## Active, fundamental and high-conviction management The fund seeks long-term capital growth by investing in a global equity portfolio. It is actively managed without a benchmark, using a bottom-up fundamental analysis to identify companies with attractive valuations which we believe generate free cash flow, have resilient business models and sound balance sheets. We build a concentrated, high-conviction portfolio: we invest at least 80% in companies from developed markets —Europe, North America and Australia— and up to 35% in emerging markets, with no predefined limits by geography or market capitalisation. Every decision prioritises capital preservation and disciplined capital allocation, allowing compounding to generate value across full market cycles. Minimum recommended horizon: 5/10 years. ### Key facts | | | | --- | --- | | Name | Silverway Global – Apex Equity Fund | | ISIN | LU3256039929 | | Management company | Silverway Asset Management, SGIIC, S.L. | | Depositary | Banco Inversis, S.A., Luxembourg Branch | | Structure | UCITS | | Supervisor · domicile | CSSF · Luxembourg | | Category | Global equities | | Base currency | EUR | | Minimum initial investment | EUR 500 | | Minimum subsequent investment | EUR 50 | | Subscription / redemption | Daily | | Management fee | 1.95% p.a. | | Subscription fee | 0% | | Redemption fee | 0% | | Performance fee | 0% | Legal documentation ## Fund documentation Before investing, please read the fund's legal documentation carefully. All this legal documentation is available to download. - [Key Information Document (KID)](https://silverway.com/wp-content/uploads/DFI_Clase_R_EN.pdf) — PDF · Class R · Updated 23 Jun 2026 · EN - [Prospectus](https://silverway.com/wp-content/uploads/Folleto_EN.pdf) — PDF · Full UCITS prospectus · EN - [Fund factsheet](https://silverway.com/wp-content/uploads/Ficha_EN.pdf) — PDF · Marketing factsheet · EN - [Marketing memorandum](https://silverway.com/wp-content/uploads/Memoria-de-comercializacion.pdf) — PDF · Distribution terms · EN - [Semi-Annual Report](https://silverway.com/wp-content/uploads/Informe_periodico_EN.pdf) — PDF · Periodic report · EN - [Net Asset Value](https://silverway.com/wp-content/uploads/net-asset-value-silverway.xlsx) — XLSX · All share classes · EN - [Quarterly letter](https://silverway.com/wp-content/uploads/Silverway-Carta-trimestral-en.pdf) — PDF · Letter to unitholders · EN Risk warning Investing in the fund is subject to risks and entails the possibility of losing part or all of the capital invested. The investment involves, among others, market risk, credit risk, issuer and counterparty risk, liquidity risk, currency risk and concentration risk. As a fund with exposure to equities, its net asset value may experience high volatility. The value of investments and the income derived from them may go up or down, and investors may not recover the amount originally invested. **Performance.** Past performance is not a reliable indicator or guarantee of future results. Any returns shown are stated net of costs and fees; figures relating to periods longer than one year are expressed on an annualised basis. No figure relating to prior periods is indicative of future performance. **Risk indicator.** The summary risk indicator for the product is 4 out of 7, where 1 is the lowest risk and 7 the highest, for a recommended holding period of 5-10 years. This indicator mainly reflects the fund's market risk; it may not fully capture other relevant risks, such as liquidity risk or credit risk. It is recommended not to invest with a time horizon shorter than the recommended holding period. **Documentation.** This content is for information and marketing purposes only and does not constitute investment advice, a personal recommendation, an offer or a solicitation to subscribe. Units may only be subscribed on the basis of the fund's legal documentation. Before making any investment decision, the Key Information Document, the prospectus and the semi-annual report, available on this website and in the official registers of the supervisory authorities, should be read carefully. Registration of the fund by the supervisory authority does not imply a recommendation to subscribe or any statement regarding the fund's solvency or the return or risk of the units. Silverway Global – Apex Equity Fund (ISIN LU3256039929) is a sub-fund of Silverway Global, an undertaking for collective investment in transferable securities (UCITS) domiciled in Luxembourg and supervised by the Commission de Surveillance du Secteur Financier (CSSF) under number O00015649\_00000001. The fund is also registered with the Spanish National Securities Market Commission (CNMV) under number 2408 for marketing in Spain. Management company: Silverway Asset Management, SGIIC, S.L. — www.silverway.com · 919 690 200 / 900 899 225 · atencioncliente@silverway.com. Depositary: Banco Inversis, S.A., Luxembourg Branch. The fund's legal documents are available free of charge in Spanish and English on this website. **Territorial scope.** Units in the fund may only be offered or sold in those jurisdictions whose applicable regulations so permit. In particular, they may not be offered or sold within the United States, nor for the benefit of or on behalf of US citizens or residents, nor directly or indirectly to "US persons" or entities owned by one or more "US persons" as defined by the Foreign Account Tax Compliance Act (FATCA). This content and the information it contains may not be distributed in the United States. Take the step ## Your wealth deserves attention that matches your ambitions Start a private conversation with our investor relations team to learn more about our investment philosophy. [Request a private meeting](https://silverway.com/silverway-contact-en.html) Calle Montalbán, 7 Bajo – 28014 Madrid Calle Ercilla, 17 – 4ª Planta – 48009 Bilbao [Investor Relations Madrid: 919 690 200 - 900 899 225](tel:+34919690200) [Investor Relations Barcelona: 930 369 953](tel:+34930369953) [Investor Relations Bilbao: 944 771 598](tel:+34944771598) [Investor Relations Sevilla: 854 560 251](tel:+34854560251) © 2026 Silverway Asset Management – Investment fund manager. All rights reserved. ## Legal notice shown on entry Legal information ### Terms of use and legal notice Silverway Asset Management, SGIIC, S.L. ("Silverway Asset Management") is a collective investment scheme management company authorised by the CNMV under number 298, with registered office at Calle Montalbán, 7, Bajo – 28014, Madrid, with tax ID (NIF) B24846586 and registered with the Madrid Commercial Registry at sheet M-871379, IRUS 1000462282776, electronic folio, entry 1. The information and documentation contained on this website are provided for information purposes only and are intended for individuals or legal entities resident in Spain or Luxembourg, in accordance with applicable regulations. Please read the following terms and legal information carefully. By clicking "I accept", you accept them. ### I. GENERAL By accessing this website and any of its pages ("Silverway Asset Management Website"), you confirm that you have read, understood and accepted the following important legal information and terms of use. ### A. Sales and marketing restrictions The information contained on the Silverway Asset Management Website may be restricted for certain investors by the laws and regulations applicable to them due to their domicile, residence, nationality or any other reason. The information, products, data, services, tools and documents contained or described on the Silverway Asset Management Website should not be construed as an offer, recommendation or solicitation to carry out any transaction, acquire products or enter into legal relationships, nor should they be regarded as investment advice. Silverway Asset Management has not taken and will not take any action that would permit the public offering of the investment fund, or the possession or distribution of any informational material relating to that fund, in any jurisdiction where action for that purpose is required. No offers, sales or deliveries of products may be made, nor any informational material relating to the investment fund distributed, in any jurisdiction, except in circumstances that ensure compliance with applicable laws and regulations and that impose no obligation on Silverway Asset Management. The investment fund described on the Silverway Asset Management Website is not and will not be registered under the 1933 US Securities Act or the 1940 US Investment Company Act. Consequently, that fund may not be offered or distributed in the United States, or to US persons, or on their behalf or for their benefit, as defined in Regulation S of the aforementioned 1933 Act, or under any other applicable law, including FATCA and its implementing rules and regulations. The complete and definitive terms and conditions of the investment fund, which are the only legally binding terms, are set out in the fund's legal documentation and related documents. ### B. Limitation of liability Although the information on the Silverway Asset Management Website comes from sources that Silverway Asset Management considers reliable, Silverway Asset Management does not guarantee its accuracy and such information may be incomplete or summarised. The information is subject to change at any time without prior notice. Information marked with a date is published only as of that date and no obligation or responsibility is assumed to update or modify it. Silverway Asset Management is not responsible for the consequences of any decision based on opinions or statements contained herein, or for any omission. In no event shall Silverway Asset Management, its partners, affiliates or related persons be liable for consequential, indirect, special, punitive or incidental damages, or for loss of profit, whether foreseeable or unforeseeable, arising directly or indirectly from the use of the Silverway Asset Management Website. **Past performance is not indicative of future results.** ### II. INVESTMENT FUND The investment fund mentioned on the Silverway Asset Management Website must not be distributed to persons resident in countries where its distribution is contrary to applicable laws and/or regulations. Such persons are prohibited from accessing the Silverway Asset Management Website. It is your responsibility to ensure that you are authorised to access the Silverway Asset Management Website. The Silverway Asset Management Website contains information about an investment fund registered in Luxembourg (CSSF) under number O00015649\_00000001. The fund is also registered with the Spanish National Securities Market Commission (CNMV) under number 2408 for marketing in Spain. Please note that this investment fund is not available in jurisdictions other than those mentioned and, therefore, the information published by Silverway Asset Management is not directed at investors resident in other jurisdictions.