Search Germany Open global sites nav Ger Eng Select a profile Private investor Institutional investor About us Our solutions Investmentresources Market insights Chart of the week 1 / 3 Prev slide Next slide Our purpose at Santander Asset Management is clear, from retail clients to global institutions, we are here to deliver investment solutions that evolve according to your needs. Through the products, services and insights we offer, whatever the prevailing market conditions, our focus is always on helping our clients to achieve their investment goals. Select a profile Private investor Institutional investor Close modal You are accessing the private investor website. Legal Notice The following are the terms and conditions on which you may use this Santander Asset Management website (the “Website"). By accessing this Website, you are representing and warranting that the applicable laws and regulations of your jurisdiction allow you to access the Website and that you have agreed to all of the additional conditions outlined herein. SAM Investment Holdings Limited (“SAM TopCo”) an affiliate of Banco Santander S,A., is the parent company of a number of asset managers across Europe (Germany, Luxembourg, Portugal, Spain and the UK) and Latin America (Argentina, Brazil, Chile, and Mexico), which compose the Santander Asset Management Group (“SAM”), being part of Santander Group. SAM comprises the following asset management entities: SANTANDER ASSET MANAGEMENT LUXEMBOURG S.A., with registered office at 19, rue de Bitbourg L-1273, Luxembourg, Grand Duchy of Luxembourg, and registered with the Registre de Commerce et des Sociétés under number B 57043. SANTANDER ASSET MANAGEMENT S.A., S.G.I.I.C., with registered office at Calle Serrano 69, 28006 Madrid, Spain, with identification number A-28269983, registered with the Commercial Registry of Madrid under volume 4040, page 23, section 8, sheet M-67304, entry 6, and with the Registro Administrativo de Sociedades Gestoras de Instituciones de Inversión Colectiva at the Comisión Nacional del Mercado de Valores with reference 12. SANTANDER PENSIONES, S.A., E.G.F.P., with registered office at, 28006 Madrid, Calle Serrano 69, 28006 Madrid, Spain, with identification number A-78637675, registered with the Commercial Registry of Madrid under volume 28175, page 220, section 8, sheet M-39693, entry 140 and with the Registro Administrativo de Entidades Gestoras de Fondos de Pensiones at the Dirección General de Fondos de Pensiones with reference G0080. SANTANDER ASSET MANAGEMENT UK LIMITED, with registered office at 287 St. Vincent Street, Glasgow, Scotland, G2 5NB, United Kingdom, and registered under number SC106669 with reference number at the Financial Conduct Authority 122491 SANTANDER ASSET MANAGEMENT S.A., S.G.I.I.C., (GERMAN BRANCH) with registered office at Bockenheimer Landstraβe 39, 60325, Frankfurt am Main, Germany, registered under number 130420 at the German Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht). SANTANDER BRASIL ASSET MANAGEMENT DISTRIBUIDORA DE TÍTULOS E VALORES MOBILIÁRIOS S.A., with registered office at Avenida Presidente Juscelino Kubitscheck 2041/2235, Bloco E, 14th and 15th floor, Vila Olímpia, Sao Paulo, SP 04543-011, Brazil, registered under number 10.977.742/0001-25, with reference number at the Comissão de Valores Mobiliários 8.299. SANTANDER BRASIL GESTÃO DE RECURSOS LTDA, with registered office at Avenida Presidente Juscelino Kubitscheck 2041/2235, Bloco E, 14th and 15th floor, Vila Olímpia, Sao Paulo, SP 04543-011, Brazil, registered under number 10.231.177/0001-52 with reference number at the Comissão de Valores Mobiliários 10.161. SANTANDER ASSET MANAGEMENT S.A. ADMINISTRADORA GENERAL DE FONDOS, with registered office at 2800 Isidora Goyenechea, Piso 40, Comuna de Las Condes, Santiago de Chile, Chile, registered under number 96.667.040-1, with Exempt Resolution number at Superintendencia de Valores y Seguros 3228 and Corporate Tax number 96.667.040-K. SAM ASSET MANAGEMENT, S.A. DE C.V., SOCIEDAD OPERADORA DE FONDOS DE INVERSIÓN (FORMERLY GESTION SANTANDER, S.A. DE C.V., SOCIEDAD OPERADORA DE SOCIEDADES DE INVERSIÓN), with registered office at Paseo de los Tamarindos 90, Arcos Bosques, Torre 2, Piso 33, Col. Bosques de las Lomas, México, C.P. 05120, México, Distrito Federal, registered under number GSC950906H37, with reference number at the Comisión Nacional Bancaria y de Valores DGSI-95/2044-7385. SANTANDER RIO ASSET MANAGEMENT GERENTE DE FONDOS COMUNES DE INVERSIÓN, S.A., with registered office at 480 Bartolomé Mitre, Piso 11, Buenos Aires, Argentina, registered under number 30-66187367-8 with reference number at the Comisión Nacional de Valores 15. This Website is not intended to be and should not be construed in relation to a specific investment objective. This Website is solely for informational purposes and does not constitute recommendation, advice (whether financial, tax or legal), an offer or solicitation to purchase or sell investment funds or other financial products mentioned herein (the “Funds”), and should not be relied upon as the sole basis for evaluating or assessing the Funds. We recommend consulting an investment advisor before making any decision regarding investment in the Funds. Applications to invest in any Fund must only be made on the basis of the offering documents relating to the specific Fund (such as, the prospectus and the key investor information document (KIID) or other applicable documentation) and may not be made via this Website. You should be aware that investment in the funds involves risk and that not all Funds may be appropriate for all parties. When using this Website, any user must comply with all applicable local, national and international laws including those related to data privacy, international communications and exportation of technical or personal data. SAM TopCo makes no representations that this Website or any contents herein are appropriate or available for use in any jurisdiction. This information is not intended to be published or made available to any person in any jurisdiction where doing so would result in contravention of any laws or regulations applicable to the user. In particular, certain Funds can be marketed in certain jurisdictions only. Any user distributing information taken from the Website, in whatever form, to any other person, agrees to attach a copy of this page and obtain the agreement of such other person to comply with the terms set forth on this page. The information contained in the Website in respect of Funds domiciled outside the United States is not for distribution and does not constitute an offer to sell or the solicitation of any offer to buy any securities or services in the United States or in any of its territories or possessions subject to its jurisdiction or to or for the benefit of any United States Person. For these purposes, a US Person includes but is not limited to a person (including a partnership, corporation, limited liability company or similar entity) that is a citizen or resident of the US or is organized or incorporated under the laws of the United States of America. The Funds have not been registered in the United States under the Investment Company Act of 1940 and units or shares in the Funds are not registered in the United States under the Securities Act of 1933 of the United States as amended. Guarantee Disclaimer and Limitation of Liabilities SAM TopCo considers the information presented on this Website to be correct as of the date of publication, but does not guarantee, either implicitly or explicitly, its authenticity, accuracy, completeness or update, and assumes no liability for any losses resulting from its use. SAM TopCo, its directors, and employees, accept no responsibility for possible errors or admissions on the part of third parties. SAM TopCo reserves the right to modify the content of this Website at any time, with immediate effect and you shall be considered notified of the fact through the publication of the modified content of this Website. You are responsible for ensuring that your computer system meets all relevant technical specifications necessary to use the Website. You also understand that SAM TopCo cannot and does not guarantee or warrant that any material available on the Website will be free from infection, viruses and/or other code that has contaminating or destructive properties. You are responsible for implementing sufficient procedures and virus checks (including anti-virus and other security checks) to satisfy your particular requirements for the accuracy of data input and output. Risk Statement You should be aware of the risks associated with investment in the Funds. Investment the Funds may be subject to investment risks: market risk, credit risk, issuer and counterparty risk, liquidity risk, foreign currency risk and, where applicable, risks pertaining to emerging markets. Additionally, if the Funds hold their investments in hedge funds, assets, real estate funds, commodities and private equity, it should be noted that these can be subject to valuation and operational risks inherent in these type of assets and markets as well as the risk of fraud or risk derived from investing in unregulated or unsupervised markets or unlisted assets. Past returns are no promise or guarantee of future performance. The value of investments and the return on the same may undergo positive and negative fluctuations and investors may not recover the amount originally invested. No data which reflects past performance is an indication of future returns. Tax Tax treatment depends on the personal circumstances of the investor and is subject to change. You should seek specific professional advice before making any investment decision. To the extent that this website refers to a particular tax treatment, such tax treatment will depend upon an investor’s individual circumstances and may be subject to change in the future. Confidentiality and Data Protection SAM TopCo ensures the confidential use of any information of a personal nature provided to us through this Website. Moreover, SAM TopCo states that, at all times, it complies with and respects applicable data protection laws and regulations. Use of links This Website may contain links to Websites developed by third parties. It is also possible that links to our Website appear on sites developed by third parties. SAM TopCo had not conducted a review of any third-party sites that link to our Website, nor of the sites we link to. SAM is not responsible for the content that can be found directly or indirectly on third-party Websites, nor does it approve or recommend the products and services available therein. Access to third-party links is undertaken at the will and exclusive risk of the user. Ownership of website, brands and copyright This Website is SAM TopCo property. Copyrights and all other intellectual property rights subsisting in the Website and each and every piece of information provided on or through the Website is owned by SAM TopCo, Banco Santander, S.A. or a third party licensor. The content may be downloaded, copied, or printed for personal and private use only. It is prohibited to reproduce, transmit, modify, or delete the information, content, or notices contained on this Website without the prior written consent of SAM. 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