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Santander Euro Corporate Short Term
Invests in a portfolio of international fixed-income securities with an investment grade rating and can not exceed 5% in ratings below BBB-.
Santander Euro Corporate Short Term seeks to provide income and/or capital growth mainly through investing in investment grade and non-investment grade Euro Corporate bonds; the latter may not exceed 5% of fund assets and must be rated at least BB- or equivalent by the major ratings agencies. The benchmark against which the Fund is managed is the Bank of America/Merrill Lynch 1-3 Year Euro Large Capitalisation Corporate Index. The Fund may use derivatives for both risk management and investment.
Management Team: Europe Fixed Income
* LU (Luxembourg), CL (Chile), CH (Switzerland), ES (Spain), IT (Italy), PT (Portugal), DE (Germany)