Investment funds

Santander Renta Fija Privada, F.I.

For conservative customers that are looking to optimise the risk/return ratio of their investment and, in addition, promote environmental and social characteristics, pursuant to Article 8 of Regulation (EU) 2019/2088.

Invest

Who is it aimed at?

Investors with basic financial knowledge.

Time frame

At least 4 years.

Type of fund

It is a Euro Fixed Income Fund, investing 100% in fixed income.

Make medium-term investments in debt issuances

Fund that seeks opportunities to invest in public and corporate debt issuances with attractive returns. Comes with a flexible term and is tailored to the rate scenario and the expectations the markets factor in for rates.

Diversification

Invest in European bonds without any restrictions in terms of issuer and maturity.

Flexible term

Tailored to the rate scenario and the expectations the market factors in for these rates.

Active management of the bond selection

Seeks to take advantage of opportunities in public and corporate debt issuances.

Characteristics of the Santander Renta Fija Privada, F.I. Fund

Fund listed in the register of the CNMV Securities Market Commission under number 1998.
The Spanish Securities Market Commission (CNMV) warns that this fund may invest a percentage of 5% in fixed income issues of low creditworthiness, i.e. with a high credit risk.
See the prospectus, the KIID and the full factsheet for Santander Renta Fija Privada, F.I.

Classes of shares in the fund

Class	ISIN	Minimum initial investment	Costs, expenses and incentives
Class A	ES0175164039	1 unit	Information on costs, expenses and incentives
Class M	ES0175164005	1 unit	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 funds involves 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. 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.

Liquidity risk:

The risk of not finding a counterparty in the market and, therefore, being unable to sell a product.

Sustainability risk:

These risks are related to environmental, social or governmental events or conditions. Factors contributing to the sustainability risk of an investment will include the type of issuer, sector of activity, geographical location and more.

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.