Sustainable and Responsible funds

Santander Sustainable Funds are a range of mixed funds, with fixed and variable income, managed under the concept of sustainability.

When selecting the assets to be included in the portfolio of this range of funds, the first in Spain that is guided by the concept of Sustainability, our experts value that companies carry out their work based on four pillars: financial, environmental, social and corporate governance sustainability.

SANTANDER SUSTAINABLE RENTA FIJA AHORRO, F.I.

This fund could be for you if you want to invest according to financial and non-financial criteria of socially responsible investment (SRI), ESG (Environmental, Social, Governance) criteria.

• Fixed income euro fund. 100% of total exposure will be public and/or private (mostly private) fixed income, including sustainable, green and/or social bonds (intended exclusively to finance projects with environmental and/or social benefit).
• Indicative investment period 2 years.
• Fund registered with the CNMV under number 677.
• You can refer to the Prospectus, the KIID and the complete product sheet here.
• 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.

Commercial conditions of the fund

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.

Santander Sustainable Bonds, F.I.

These funds could be for you if you want to invest in green bonds with environmental sustainability criteria.

• Euro fixed income fund. Invest in investment grade public and private fixed income issues, fundamentally green bonds (debt destined exclusively to finance projects with environmental benefits).
• Indicative investment term over 3 years.
• Fund registered in the CNMV registry under number 5402.
• You can refer to the Prospectus, the KIID and the complete product sheet here.
• 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.

Commercial conditions of the fund

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.

Santander Sustainable Growth, F.I.

If your investor profile is moderate and you are looking to invest according to environmental, social and good governance (ESG) extra-financial criteria.

• International mixed fixed return fund managed under ESG criteria. The maximum exposure to equities 30%.
• Indicative investment term 4 years.
• Fund registered in the CNMV registry under number 5240.
• View the brochure, the KIID and the complete product file.
• The Spanish Securities Market Commission (CNMV) warns that this fund may invest a percentage of 25% in fixed income issues of low creditworthiness, i.e. with a high credit risk.

Commercial conditions of the fund

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.

Santander Sustainable Evolution, F.I.

Fund that could be for you if you are an investor with moderate profile and want to invest under environmental, social and good governance (ESG) extra-financial criteria.

• ASG.International mixed fixed return fund managed on ESG criteria.
• Maximum exposure to variable income 60%.
• Indicative investment term 4 years.
• Fund registered in the CNMV registry under number 5241.
• View the brochure, the KIID and the complete product file.
• The Spanish Securities Market Commission (CNMV) warns that this fund may invest a percentage of 40% in fixed income issues of low creditworthiness, i.e. with a high credit risk.

Commercial conditions of the fund

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.

Santander Sustainable Shares, F.I.

A fund that may be suitable for investors who are willing to take on greater risks, who seek to invest under environmental, social and governance (ESG) extra-financial criteria.

• International mixed fixed return fund managed on ESG criteria. Maximum exposure to variable income 100%.
• Indicative investment term 4 years.
• Fund registered in the CNMV registry under number 5273.
• View the brochure, the KIID and the complete product file.

Commercial conditions of the fund

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.

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 involves assuming the following risks:

Credit risk

Due to the quality of the assets in which it invests, as well as its issuers, this is the risk that the issuer will not be able to meet the payments.

Market risk

The possibility that financial instruments are listed or have 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. The sensitivity to this risk depends on the duration of these assets.
• Foreign exchange risk: fluctuation of the exchange value in the case of assets denominated in currencies other than the reference currency of the participation.
• Market risk due to investing in equities: derived 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 the same area or sector increases market risk.

From investing in derivative financial instruments

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

Liquidity risk

The risk that no counterparty is found in the market and, therefore, a product cannot be sold.

Sustainability risk

These risks correspond to environmental, social or governmental events or conditions. The sustainability risk of the investments will depend, among others, on the type of issuer, the sector of activity and its geographical location.

Santander Responsabilidad Solidario, FI is one of the largest socially responsible funds in Spain. It's a mixed fixed income investment fund in euros.

It is an ethical investment fund. The majority of the portfolio complies with the Ethical Ideas set out by Fundación Pablo VI. The Ethics Committee is responsible for compliance so that it will not be possible to invest in assets that go against these principles:

• Protection of Human Life (activities that threaten human life, such as research/manipulation with human embryos, manufacture of abortion products, etc.).
• Respect for Human Rights (Actions or activities that do not respect human rights, such as locating complaints with sentences for child labour exploitation practices, systematic sentences for discriminating against workers, etc.).
• Defence of Peace (manufacture and marketing of weapons for the destruction of towns, manufacture of specific components of weapons or significant participation in capital of other companies that do, etc.).
• Environmental care (actions or activities that threaten nature and cause environmental deterioration, such as the location of complaints and sentences for producing or marketing substances that deplete the ozone layer and/or contribute to climate change, or a significant holding in the capital of a company that does, etc.).
• Protection and Promotion of Health (actions or activities that threaten health, such as activities that violate, injure or contradict public standards or recommendations of the World Health Organization (WHO), manufacture or distribution of tobacco or distilled alcoholic beverages, or participation in a significant way in the capital of a company that does so, etc.).
• Social responsibility of the company (location of final rulings by ordinary or special courts for abuses of competition in the markets, exploitation of consumers, urban planning offences, corporate offences, tax offences, etc.).

In addition, the Management Company will make donations from the Management Commission.

Santander Responsabilidad Solidario, FI

For those who are looking to make a socially responsible investment.

• Solidarity mixed fixed return fund in euros based on ethical criteria that makes over part management commission to the financing of projects with social characteristics. Invests between 70 and 100% of total exposure in public and/or private equity.
• The maximum exposure to equities will be 30% in issuances from OECD countries (mainly European), and up to 15% in issuances from emerging countries.
• Indicative investment term 2 years.
• This fund is registered in the CNMV registry under number 2787.
• You can view the Brochure, KIID and complete product sheet here.
• 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.

Commercial conditions of the fund

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.

Investing in 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 involves assuming the following risks:

Credit risk

Due to the quality of the assets in which it invests, as well as its issuers, this is the risk that the issuer will not be able to meet the payments.

Market risk

The possibility that financial instruments are listed or have 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. The sensitivity to this risk depends on the duration of these assets.
• Foreign exchange risk: fluctuation of the exchange value in the case of assets denominated in currencies other than the reference currency of the participation.
• Market risk due to investing in equities: derived 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 the same area or sector increases market risk.

From investing in derivative financial instruments

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

Liquidity risk

The risk that no counterparty is found in the market and, therefore, a product cannot be sold.

Sustainability risk

These risks correspond to environmental, social or governmental events or conditions. The sustainability risk of the investments will depend, among others, on the type of issuer, the sector of activity and its geographical location.