SAN
💰 Fund manages approximately €6.5 billion with a high commission of 1.88%.
📊 Portfolio primarily consists of bonds, with a small percentage in an ETF for gold.
🏦 Significant portion invested in fixed-income funds from the same bank.
📈 A notable 21% is allocated to S&P 500 index funds, despite charging active management fees.
@mfncristianbarros:
“The Santander Gestión Global Equilibrado is a mixed fund that invests in both stocks and bonds. It manages about 6.5 billion euros and has a relatively high commission of 1.88%. The portfolio mainly consists of bonds, with a small portion in a gold ETF. A significant portion, around 9%, is invested in fixed-income funds from the same bank. Interestingly, about 21% of the fund is invested in S&P 500 index funds, which raises questions about whether the high fees are justified.”
Watch the exact part of the video where Cristian talks about Santander Gestión Global Equilibrado here:
Watch the video on YouTube.
Read more articles by the world’s top 100 analysts on Santander (SAN) at the following link. SAN stock.