Sparinvest SICAV - Procedo is an open ended balanced mutual fund launched and managed by Sparinvest S.A. It invests in the public equity markets across the globe. The fund invests its equity portion in the value stocks of the small cap companies. It benchmarks the performance of its portfolio against MSCI index. The fund was formerly known as SPARINVEST Asset Allocation SICAV – PROCEDO Fund. Sparinvest SICAV - Procedo was formed on December 14, 2001 and is domiciled in Luxembourg.