In three years of very volatile stock markets, marked by the pandemic and, more recently, by the invasion of Ukraine and the change in the interest rate cycle, seven Spanish (and Portuguese) equity funds have earned between 10% and twenty%.

Three years ago, in May 2018, the Ibex was between 9,100 and 9,200 points and accumulated a return of 7% in the year. Little did investors imagine that in the next three years there would be a pandemic, a war in Europe and a

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