Investment funds

Santander Corto Plazo, F.I.

For conservative customers seeking to combat inflation with a diversified short-term investment.

Invest

Who is it aimed at?

Investors with basic financial knowledge.

Time frame

At least 1 year.

Type of fund

A Euro Short-term Fixed Income Fund, investing 100% in fixed income.

Make short-term investments in mainly corporate debt issuances

Cumulative interest rate hikes can be the starting point when it comes to generating low-risk returns.

Progress in monetary stability creates opportunities in the more defensive fixed income assets, where yields have stabilised and now compare very favourably with previous years. For conservative investors, it is good news that liquidity is no longer detrimental.

The Santander Corto Plazo, F.I. fund may invest in government bonds, investment grade credit, deposits, promissory notes and high-yield assets with a term of around 3 to 6 months, which involves less sensitivity to interest rate hikes and, in the current environment, renewing maturities at higher rates. This process will also involve the active and professional management of bond selection.

Diversification

Invests in European fixed-income issuances, both public and corporate, with at least a medium credit rating.

Short-term liquidity

Invests in European public and corporate bonds with high liquidity and a short term.

Professional and flexible management

Provides high added value when selecting the issuances that make up the portfolio.

Characteristics of the Santander Corto Plazo, F.I. Fund

Fund listed in the register of the CNMV Securities Market Commission under number 5698.
The Spanish Securities Market Commission (CNMV) warns that this fund may invest a percentage of 15% in fixed income issues of low creditworthiness, i.e. with a high credit risk.
Click here to view the Prospectus, the KIID and the full factsheet of the Santander Corto Plazo, F.I. fund

Classes of shares in the fund

Class	ISIN	Minimum initial investment	Costs, expenses and incentives
Class A	ES0174735003	1 unit	Information on costs, expenses and incentives
Class B	ES0174735011	100.000 euros	Information on costs, expenses and incentives
Class I	ES0174735029	1.000.000 euros	Information on costs, expenses and incentives

See the information on costs, expenses and incentives in the document in the table above. The costs that are finally borne (including those associated with the currency exchange) will depend on your personal circumstances.

If you want to arrange this fund and you are not a customer, become a customer.

Invest

What are the risks of investing in this fund?

Investing in mixed investment funds implies assuming a certain level of risk that will depend on the composition of each fund, market fluctuations and other factors associated with investing in securities, so there is a risk of losing all or part of the investment.

In general, investing in funds means undertaking the following risks:

Credit risk:

Due to the quality of the assets invested in, as well as the issuers of these assets. This is the risk that the issuer may not be able to make payments.

Market risk:

This is the possibility that financial instruments will have a listed price or a value below the price we have paid for them. In this regard, the investments may be affected by:

Interest Rate Risk: interest rate fluctuations affect the price of fixed-income assets. Sensitivity to this risk depends on the duration of these assets.
Currency risk: fluctuation of the exchange value in the case of assets denominated in currencies other than the share reference currency.
Market risk due to investment in equities: arising from variations in the price of equity assets.
Risk from investing in emerging markets political changes or economic circumstances can affect the value of investments.
Geographical or sectoral concentration risk: the concentration of our investment in a single area or sector increases market risk.

Risk from investing in derivatives:

Investing in derivatives (futures, options, etc.) may entail a higher risk, given the nature of these products.

Investment funds involve specific risks (such as market, credit, liquidity, currency, interest rate and sustainability risks), and therefore some or all of your investment may be lost. The risks are set out in the fund's prospectus and Key Investor Information Document (KIID).

Before taking the decision to invest, you must consult the fund's prospectus and KIID, which are available from the supervisory body concerned and can also be found on the fund manager's website (www.santanderassetmanagement.es). Your decision to invest in the fund must be made considering all the characteristics or objectives of the fund described in the fund's prospectus and KIID. The investment hereby promoted relates to acquiring units in an investment fund, and not in a specific underlying asset. Past performance is not a reliable indicator of future results, and if the fund is denominated in non-euro currencies its performance may rise or fall in response to currency fluctuations. Returns on your investments will be taxed under the tax legislation applicable to your personal situation, which may change in the future. Management Company: SANTANDER ASSET MANAGEMENT, S.A., S.G.I.I.C., filed with the CNMV under number 12. Depository Institution: CACEIS BANK SPAIN, S.A., filed with the CNMV under number 238. Marketing company: BANCO SANTANDER, S.A., filed with the CNMV under number 49. This is an advertising communication for commercial purposes. It is not contractual information or information required under a legal provision. It should not be treated as an investment recommendation or advice of any kind, and it is not sufficient in itself as the basis for making an investment decision. © BANCO SANTANDER, S.A. All rights reserved. Registered office: Paseo de Pereda, 9-12. SANTANDER. Tax ID A-39000013.