presentación de powerpoint - kallpa sab...11 grupo coril sab 240,591,066 1.34% 12 magot sab...

Corporate Presentation

August 2019

T R A D I N G – C O R P O R A T E F I N A N C E – R E S E A R C H – A S S E T M A N A G E M E N T

This document has been prepared

exclusively to be accompanied by an oral

presentation and does not hold any

publication and/or communication

rights.

The person receiving this document

agrees that neither they nor their

representatives, directors, agents or

employees may copy, reproduce or

distribute this document to third parties ,

either in whole or in part, without prior

written consent of KALLPA Securities

Sociedad Agente de Bolsa S.A.

Kallpa Securities SAB, founded in 2008, is a leading institution in the investment banking and securities

brokerage services in Peru. We are a team of 35 people, led by our two managing partners.

Who are we?

Corporate Presentation | 3

Alberto Arispe – Chief Executive Officer

MBA from the Stern School of Business of New York University in 2000 and Bachelor’s degree in

Economics from Pontificia Universidad Católica del Perú in 1993. Between 2005 and 2008 he was Project

Development Manager in the Lima Stock Exchange. Between 2000 and 2005 he worked in New York as

Vice President of Emerging Markets for Swiss Re Corp.

Ricardo Carrión – Corporate Finance Manager

Bachelor’s degree in Business Administration from Universidad de Lima, with focus in Finance. He has more

than 15 years of experience in banking. Between 2000 and 2006 he served in the Corporate Finance and

Capital markets department at Banco de Crédito del Perú, participating in the most important deals in the

Peruvian market. His experience in focused in structuring debt and equities (Corporate Bonds, Commercial

Papers and equity issuances, among others).

Kallpa Securities SAB

Global

Markets

Asset

Management

Capital

Markets

Corporate

Finance

• SalesEquities/Bonds/FX

• TradingEquities/Bonds/FX

• Research

• Operations

• Sales

• Portfolio

Management

• Wealth Management

• Real Estate Funds

• Public Offerings

• Private Offerings

• Structuring Services -

Debt

• Structuring Services -

Equities

• Mergers and

Acquisitions

• Valuations

• Project Assessment

• Advisory

Business Units


Source: Kallpa SAB

ROE without considering 2010

Returns on Equity

42.2%

92.1%

45.1%

21.7%

5.8% 4.2%7.7%

17.3%12.3% 12.4%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

ROE Average18.7%


Global Markets


Presentación Corporativa | 6

Source: SMV

Volume Traded in Equities 2019 (PEN)


Volume Traded in Equities (PEN)

From January 1st to August 12th Market Share

1 CREDICORP CAPITAL SAB 5,238,218,250 29.09%

2 INTELIGO SAB 3,056,164,523 16.97%

3 BTG PACTUAL PERU SAB 2,604,394,003 14.46%

4 KALLPA SECURITIES SAB 1,629,668,176 9.05%

5 SEMINARIO y CIA. SAB 1,622,045,028 9.01%

6 SCOTIA BOLSA SAB 1,282,355,917 7.12%

7 CONTINENTAL BOLSA SAB 1,067,057,094 5.93%

8 LARRAIN VIAL SAB 510,190,048 2.83%

9 INVESTA SAB 293,536,853 1.63%

10 SAB SURA 260,624,537 1.45%

11 GRUPO CORIL SAB 240,591,066 1.34%

12 MAGOT SAB 51,098,237 0.28%

13 INVERSION Y DESARROLLO SAB 41,243,762 0.23%

14 SAB CARTISA PERU 37,585,123 0.21%

15 DIVISO BOLSA SAB 28,733,022 0.16%

16 RENTA4 SAB 15,713,679 0.09%

17 ADCAP SECURITIES PERU SAB 11,152,722 0.06%

18 PROVALOR SAB 7,807,683 0.04%

19 BNB VALORES PERU SOLFIN SAB 5,696,613 0.03%

20 TRADEK SAB 1,416,713 0.01%

21 ACRES SAB 939,279 0.01%

TOTAL 18,006,232,330 100.00%

Source: SMV

Volume Traded in Equities (2016 – 2019)


VOLUMEN TRADED - 2016 (PEN) VOLUMEN TRADED - 2017 (PEN) VOLUMEN TRADED - 2018 (PEN) VOLUMEN TRADED - AUGUST 2019 (PEN)

1 CREDICORP CAPITAL SAB 6,974,174,660 1 CREDICORP CAPITAL SAB 15,759,811,179 1 CREDICORP CAPITAL SAB 10,510,623,053 1 CREDICORP CAPITAL SAB 5,238,218,250

2 INTELIGO SAB 2,942,567,044 2 CONTINENTAL BOLSA SAB 7,690,584,151 2 SEMINARIO y CIA. SAB 2,439,296,131 2 INTELIGO SAB 3,056,164,523

3 SEMINARIO y CIA. SAB 1,593,901,035 3 BTG PACTUAL PERU SAB 4,565,323,484 3 BTG PACTUAL PERU SAB 2,139,506,421 3 BTG PACTUAL PERU SAB 2,604,394,003

4 BTG PACTUAL PERU SAB 1,437,287,951 4 INTELIGO SAB 2,953,224,934 4 INTELIGO SAB 2,087,563,216 4 KALLPA SECURITIES SAB 1,629,668,176

5 SCOTIA BOLSA SAB 1,371,525,497 5 SEMINARIO y CIA. SAB 2,752,941,646 5 SCOTIA BOLSA SAB 1,602,599,476 5 SEMINARIO y CIA. SAB 1,622,045,028

6 LARRAIN VIAL SAB 1,302,596,464 6 LARRAIN VIAL SAB 2,353,974,970 6 LARRAIN VIAL SAB 1,297,675,901 6 SCOTIA BOLSA SAB 1,282,355,917

7 CONTINENTAL BOLSA SAB 638,273,557 7 SCOTIA BOLSA SAB 1,665,983,891 7 CONTINENTAL BOLSA SAB 674,384,904 7 CONTINENTAL BOLSA SAB 1,067,057,094

8 KALLPA SECURITIES SAB 402,476,687 8 SAB SURA 984,157,266 8 KALLPA SECURITIES SAB 417,084,154 8 LARRAIN VIAL SAB 510,190,048

9 GRUPO CORIL SAB 231,445,966 9 KALLPA SECURITIES SAB 640,122,362 9 GRUPO CORIL SAB 222,970,478 9 INVESTA SAB 293,536,853

10 DIVISO BOLSA SAB 218,746,486 10 GRUPO CORIL SAB 317,846,030 10 SAB SURA 186,799,282 10 SAB SURA 260,624,537

11 SAB SURA 166,216,266 11 MAGOT SAB 274,597,505 11 INVESTA SAB 172,112,987 11 GRUPO CORIL SAB 240,591,066

12 INVERSION Y DESARROLLO 146,446,052 12 DIVISO BOLSA SAB 266,352,211 12 INVERSION Y DESARROLLO 102,295,184 12 MAGOT SAB 51,098,237

13 MAGOT SAB 133,699,736 13 INVERSION Y DESARROLLO 214,642,902 13 MAGOT SAB 86,338,657 13 INVERSION Y DESARROLLO 41,243,762

14 INVESTA SAB 89,117,680 14 INVESTA SAB 198,888,157 14 PROVALOR SAB 70,380,729 14 SAB CARTISA PERU 37,585,123

15 CITICORP PERU SAB 78,816,323 15 SAB CARTISA PERU 117,025,170 15 DIVISO BOLSA SAB 61,096,037 15 DIVISO BOLSA SAB 28,733,022

16 ADCAP SECURITIES PERU SAB 68,343,898 16 ADCAP SECURITIES PERU SAB 90,019,455 16 SAB CARTISA PERU 57,563,890 16 RENTA4 SAB 15,713,679

17 SAB CARTISA PERU 62,787,324 17 CA PERU SAB 70,872,809 17 ADCAP SECURITIES PERU SAB 48,085,117 17 ADCAP SECURITIES PERU SAB 11,152,722

18 RENTA4 SAB 29,798,487 18 PROVALOR SAB 63,841,174 18 ACRES SAB 47,085,168 18 PROVALOR SAB 7,807,683

19 PROVALOR SAB 18,973,102 19 RENTA4 SAB 61,489,116 19 RENTA4 SAB 32,852,392 19 BNB VALORES PERU 5,696,613

20 GPI VALORES SAB 14,254,134 20 BNB VALORES PERU 46,009,282 20 CA PERU SAB 15,794,907 20 TRADEK SAB 1,416,713

21 Otros 30,883,118 21 Otros 120,046,382 21 Otros 20,216,934 21 ACRES SAB 939,279

TOTAL 17,952,331,468 TOTAL 25,447,942,897 TOTAL 22,292,325,017 TOTAL 18,006,232,330

Source: Kallpa SAB

Total Volume Traded (USD MM)


116

245301

545

783

535

716

504

826825 814

0

500

1000

1500

2000

2500

3000

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Local Equities Foreign Equities Fixed Income FX

Assets under custody (USD MM)

4

28

147124

251

195

247

294

338

422

350

0

50

100

150

200

250

300

350

400

450

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Source: Kallpa SAB


Kallpa Securities SAB has coverage of 20 companies that trade in the Lima Stock Exchange (BVL).

Equity Research


Asset Management


Institutional Advisory

▪ Advice on portfolio management

▪ Review and evaluation of current portfolios

Asset Management

▪ Discretionary Portfolios▪ Global Portfolios▪ Detailed monthly reports

Wealth Management

▪ Integral Financial Planning▪ Investments Advisory in real

and financial sectors▪ Advice on the portfolio

managers election▪ Family Office

Institutional Asset Mgmt

▪ Discretionary investments▪ Portfolio Structure▪ Trust Management▪ Detailed monthly reports▪ Training in investments▪ Presence in Committee and

Board of Directors

Personal Finance

Pre

miu

mH

igh

Ne

t W

ort

h

Institutional Portfolio

We provide customized services, characterized by a cordial and trusting relationship. In Kallpa Securities S.A.B. we are committed to our clients.

Our services



Kallpa Real Estate Funds

Value Proposition

▪ Investment Funds that allow client to participate in the real estate market.

▪ Bet on a growing industry with a with gap between supply and demand.

AUM

USD 8 MM

5 projects focused in

B and C economic

segments

Annual estiamted

returns between

15% and 20%

Reasonable maturirty

(3 years)

97% of the Project

sold in 11 months

Padua Project (34 units)

Jesús María

40% of the Project

sold in 10 months

Grand Central Project (150 unidts)

Breña


Kallpa Real Estate Funds

Personalization

▪ Active participation of the client

▪ Flexibility in contributions /

withdrawals

▪ Direct Contact Manager

Diversification

▪ Analysis of the risk profile

▪ Market Risk Management

▪ Global Investment

Performance

▪ Optimization process

▪ Permanent evaluation of the

portfolio relative to the benchmark

▪ Preferential Fees

Reliability

▪ Investments Committee with over

15 years experience

▪ Investments with the client's name

▪ Daily portfolio valuation

(+)

(+)(-)

(-)

Personalized relationship

Level of sofistication

BankingSystem

Collectivefunds

DirectInvestment

WealthManagement

Our difference


Capital Markets


Leading broker in primary placements in the Peruvian junior mining market.

Leading broker listing junior mining companies in the Lima Stock Exchange.

Leading broker sponsoring junior mining companies in the Lima Stock Exchange.

Leading broker in arbitrage operations in the Peruvian market.

Leading broker promoting the junior mining industry in Peru.

#1 in junior mining in Perú


▪ Kallpa SAB is the leader in equity primary private placements among junior mining companies in Peru

▪ between 2010 and 2017 Kallpa SAB has placed over USD 120 MM among Peruvian investors.

Equity Primary Offerings


▪ Kallpa SAB issponsor of 9 junior mining companies and advisor of 1 company listed in the main board of

the Lima Stocks Excahnge.

Sponsorship


▪ Commercial Papers

▪ Corporate Bonds

▪ Equity Issuances

▪ Advisory on Capital

Markets

Analysis and Diagnosis

Advisory

Promotion Placement

Monitoring

A DIFFERENT ALTERNATIVE :

▪ Kallpa SAB arises to provide businesses with consulting services in capital markets as a form

of financing not only for large companies or large corporations, but also to the segments of

medium and small companies.

Capital Markets


▪ Kallpa SAB is the leader in primary offerings at MAV (Stock Exchange segment for medium-size

companies).

▪ In the last 4 years, Kallpa SAB has placed over USD 30 MM in fixed income securities.

Fixed Income Primary Offerings


Corporate Finance


Mergers & Acquisitions

•Strategic analysis.

•Identification of potential buyers and sellers.

•Valuations.

•Evaluation of offers.

•Negotiation of terms and conditions

Valuation of Companies

•Independent and expert opinion.

•Identification of components of value.

Corporate Finance

•Optimal debt equity ratio.

•Determining debt capacity.

•Restructuring debt.

•Find funding sources.

Advisory

Value

Creation

Investment Banking


Head [email protected](511) 630 7516(51) 987 525 831

❑ Eduardo Fernandini Head of [email protected](511) 630 7528(51) 991 148 139

❑ Marco Contreras

Special Operations [email protected](511) 630 7500(51) 940 206 765

❑ Miguel RodríguezCorporate Finance [email protected](511) 630 7526(51) 993 479 320

❑ Ricardo Carrión

Contact Information


Corporate Presentation

August 2019

T R A D I N G – C O R P O R A T E F I N A N C E – R E S E A R C H – A S S E T M A N A G E M E N T

presentación de powerpoint - kallpa sab...11 grupo coril sab 240,591,066 1.34% 12 magot sab...

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