Santander Bel Canto Salomé Enhanced Yield A/  LU1999901959  /

The investment objective of the Sub-Fund is to build a diversified portfolio of securities issued by companies or by governments or their local authorities established, listed or traded worldwide. The Sub-Fund will invest, directly or indirectly through third party investment funds, in fixed income securities and equities of European and North American public or private issuers quoted or traded on European and or North American official stock exchanges or regulated markets while seeking to control economic and monetary risks, but not excluding investments in other OECD and emerging countries. The Sub-Fund's exposure to equities will not exceed 10% of assets. The maximum exposure to fixed income instruments will be 97% with a minimum of 25%. The Sub-Fund's fixed income instruments will be focused on a diversified portfolio of corporate international fixed income securities, rated at least Baa3/BBB- by the main credit rating agencies or reference market indexes. Furthermore, in case of adverse equity market conditions, the Sub Fund might temporarily be invested in cash and money market instruments up to 75% of its net assets.

The investment objective of the Sub-Fund is to build a diversified portfolio of securities issued by companies or by governments or their local authorities established, listed or traded worldwide.