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SpanishInvestment funds
Santander Acciones Españolas, F.I.
For customers that want to invest in the Spanish stock exchange.
Who is it aimed at?
Investors with basic financial knowledge.
Time frame
At least 4 years.
Type of fund
Euro Equities Fund that invests a minimum of 75% in Spanish equities.
A fund for investing in shares
Fund that invests in listed companies, primarily Spanish companies, of high quality, regardless of their value and size, with the aim of finding companies with consolidated businesses, sustainable revenue and profits and strong, exceptional management teams that generate value.
The Fund promotes environmental and social criteria, as per Article 8 of Regulation (EU) 2019/2088.
Characteristics of the Santander Acciones Españolas, F.I. Fund
- Invests a minimum of 75% in equities from issuers resident in Spain without a predetermined distribution based on capitalisation or sector of activity.
- The currency risk of the fund will be a maximum of 25% of total exposure.
- Fund listed in the register of the CNMV Securities Market Commission under number 58.
- Click here to view the Prospectus, the KIID and the full factsheet of the Santander Acciones Españolas, F.I.
Classes of shares in the fund
*Class D is a distribution class.
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.
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.
Equity Funds
- If you have a long investment horizon.
- More opportunities for return with greater risk.
- Investment of at least 75% in equities.