Santander Select Moderate A

Santander Select Moderate builds a globally diversified portfolio by investing in a mix of government and corporate bonds, including both investment-grade and high-yield types, as well as equities from public and private companies listed on major OECD stock exchanges. The fund’s equity holdings typically range from 20% to 60%, adjusting based on market conditions, and it can allocate up to 40% of its fixed income investments to lower-rated or unrated securities. Additionally, up to 40% of the portfolio may be invested in emerging markets, providing a balanced approach to international fixed income and equity investments.