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The performance of investment funds depends on fluctuations in market prices and other variables. Therefore, the value of investments may rise or fall, making it impossible to guarantee the return of the capital invested. Past performance is not a reliable indicator of future performance.
Investment funds involve certain risks (market, credit, liquidity, exchange rate, interest rate, etc.), all of which are outlined in the prospectus and the key investor information document (KIID). The nature and scope of the risks will depend on the type of fund, on its individual characteristics, on the currency and on the assets in which its equity is invested.
As a result, the choice between the various types of funds must be made taking into account the investor's desire and capacity for assuming risk, along with their return expectations and investment time horizon. Before subscribing to units of a fund, the investor must consult the information contained in the fund's prospectus and KIID. Both documents are available to investors in our branches and at the National Securities Market Commission (CNMV).
The taxation of returns obtained by participants will depend on the tax legislation applicable to their personal situation and may vary in the future.
Management Company: SANTANDER ASSET MANAGEMENT, S.A., S.G.I.I.C., registered in the CNMV under number 12. Depositary Institution: CACEIS BANK SPAIN, S.A., registered in the CNMV under number 238. Marketing Company: BANCO SANTANDER, S.A., registered in the CNMV under number 49.
This information is for advertising purposes and is disseminated exclusively for informational purposes. Its content does not constitute the basis of any contract or commitment, nor should it be considered as an investment recommendation or advice of any kind.