Santander Short Duration Euro C

The fund seeks capital conservation and growth.
The basic policy of the fund is to invest for total return, seeking opportunities in short term fixed income securities denominated in Euro as well as in other European currencies. The Sub-Fund will invest primarily in the highest tranches of Floating and Fixed Rate Mortgage Backed and Asset Backed Securities denominated in Euro, or fully hedged in Euro, the majority AAA rated and rated at least A by Standard & Poor’s, to minimize interest rate risk, and in investment grade government bonds and corporate debt instruments listed or traded on a stock exchange or on a regulated market of any OECD Country within Europe. Investment grade securities are those rated BBB or higher by Standard & Poor's or those carrying a comparable rating issued by another recognised rating agency. The duration of this Sub-Fund's portfolio (a measure of its sensitivity to changing interest rate levels) will generally be less than 3 years.

Key stats

Management firm  Santander Asset Management (LUX) S.A.
Domicile  Luxembourg
Fund Administrator  Société Générale Securities Services
Global Branding Name  Santander
Fund currency  EUR
Net Assets Date  2014-06-30
Net Assets  €12,701,476
Launch Date  2003-07-15
ISIN  LU0171131864
Manager 1 Name  Roberto Mínguez
Fund Strategy  EUR Diversified Bond - Short Term
Benchmark  Repo 1M index
Fund Structure  SICAV
UCITS 3 compliant  yes

Performance/Volatility

Return Date  2014-06-30
Return - 1 Month  -0.04%
Return - 2 Months  -0.05 %
Return - 3 Months  -0.10%
Return - 6 Months  -0.19 %
Return - 9 months  -0.37 %
Return - 12 Months  -0.51%
Annualized return 24 months  -0.48 %
Annualized return 36 months  -0.39 %
Annualized return 48 months  -0.32 %
Annualized return 60 months  -0.36 %
Return 120 months  0.47 %
Annualized return since Inception  0.55%
Return YTD  -0.19%

Ratings

Morning Star Rating Date   2014-06-30
Morning Star Rating - 36 Months  fund has a 1 star rating
Morning Star Rating - 60 Months  fund has a 1 star rating
Morning Star Rating - 120 Months  fund has a 1 star rating
Morning Star Rating - Overall  fund has a 1 star rating

Charges

Initial  0.00 %
Minimum Investment  €2,000,000
Maximum Managment Charge  0.25 %
Exit charge  0.00 %
Performance Fee  5.00 %

Contact

Contact Address  16, Boulevard Royal
Contact Address 2  L-2449 Luxembourg
Contact country  Luxembourg
Fund Admin Group  Santander Asset Management (LUX) S.A.
Custodian  JP Morgan Bank Luxembourg SA

Price

Last Price Date  2014-07-09
Pre-tax nav  6.37
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  €-0.00
Price change (percentage)  0.00 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

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Ratings Disclaimer

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