From only €1 and with no additional fees
No custody, subscription, redemption or transfer fees. We only apply the asset manager’s fee for the fund you purchase.
More than 2,500 funds
You can invest in different assets, markets and sectors to reduce risk.
Access your money when you need it
Redeem part or all of your investment whenever you want.
Need help?
You can contact our investment specialists on (+34) 91 177 33 16, Monday to Friday from 8:00 a.m. to 8:00 p.m.
Why invest in funds?
- You save time. You don't need to research markets like the experts, as the asset manager will take care of this for you.
- You diversify the risk. They are made up of a range of assets , so the possible return of some offset the potential losses of others. This way , you avoid putting all your eggs in the same basket.
- Tax benefits. You can transfer the money from one fund to another of your choice, whenever you want and without any fees. You are only subject to tax when you sell the investment.
- Always up to speed. When you invest in a fund, you always have access to in-depth information: performance, composition, who manages it, and much more.
Inflation-linked bond funds
The return on these funds depends on the evolution of consumer prices (inflation). Both the capital invested in these bonds and the coupon payments received increase in value as the inflation rate rises. What’s more, this type of fund helps you tackle one of the key effects of inflation: the loss of purchasing power.
Commodity funds
This type of fund has exposure to industrial metals (nickel, copper, aluminium, iron and steel), precious metals (gold and platinum), salts and minerals (sulphur) and diamonds. They are assets that have been bolstered by the economic upturn, with sizeable price rises due to the shortage of supply and can be used to diversify your sources of return and portfolio risk.
ESG funds
These funds have the highest sustainability rating1 and seek not only to generate financial returns, but also a positive social and environmental impact. They invest in companies with responsible and ethical missions, such as the transition towards sustainable production or consumption or the creation of energy-efficient products or infrastructures.
Discover more options for investing in funds
Build your portfolio with predefined asset allocation models
Are you curious about investing in funds but not sure where to start? At Openbank, we have prepared 5 examples of investment fund portfolios with our market vision that you can change to your liking. An easy way to diversify your investment!
We invest for you using funds
If you prefer to save time and effort in deciding which funds to choose, our robo-advisor automated investment service puts your money to work for you without you having to do anything else. After answering a few short questions, we’ll offer you the strategies that are best suited to your profile.
Got investment funds at another bank?
Switch them to Openbank with no subscription, redemption, custody or transfer fees!
Plus, if you arrange it before 31/06/2022, you could get up to €600.
See conditions, KIID, risks and further information here.
Contact our investment specialists on (+34) 91 177 33 16, Monday to Friday from 8 a.m. to 8 p.m. and they will handle the transfer arrangements and answer any questions you may have.
How would you like to invest?
At Openbank, we offer 3 alternatives to invest in funds: you invest using our Fund Finder tool2, we help you with 5 diversified investment examples with “Build your Portfolio”3, or we invest for you using our robo-advisor automated investment service. Check out this video and find the one that suits you best.
The level of risk and information for each of the Investment Funds distributed by Open Bank, S.A. is set out in the Prospectus or Key Investor Information Document for each one of the Investment Funds, available at www.openbank.es and www.cnmv.es.
Please note that any investment carries some level of risk, including the lack of return, loss of invested capital, and/or the foreign exchange risk for non-euro denominated investment funds.
1 According to the Sustainable Finance Disclosure Regulation (SFDR), the European regulation that affects all financial institutions that sell investment products in the eurozone. In short, this regulation seeks to ensure investors are given more transparency about the sustainability-related impacts of investment products
2 Please note that the full range of investment products available in the market were not considered when establishing the diversified investment examples of the “Build your Portfolio” service, nor does this tool provide personalised advice, given that the financial situation, investment goals or other personal needs of a specific investor have not been taken into account. In this regard, the examples provided do not entail personalised recommendations, contractual terms, advice, or a personalised invitation to execute any transaction on financial instruments. Accordingly, Open Bank, S.A., is expressly released from any liability regarding the selected example.
Do you want to know more about Investment Funds?
Please get in touch with our investment specialists on (+34) 91 177 33 16 – they will handle the transfer and you won’t be charged anything. Don’t forget that you will need your signature key (8 digits) to issue an order for the transfer. We also recommend having the following to hand:
- ISIN of the fund you wish to transfer and your Common Account Number in that fund. If the fund is international, we will ask you to provide the name of the bank or savings bank in which you hold the fund in order to identify the distributor.
- ISIN of the target fund. This must be a fund offered by Openbank. We have more than 2,000 index funds and actively managed funds to choose from, as well as funds with more accesible asset classes. Try using our Fund Finder to find one that suits you.
You will need to indicate if you are requesting a total or partial transfer (by amount or shares). Don’t forget that in order to process your transfer request, the holders of the source and target funds must match. This operation carries no fiscal implications and you will maintain the seniority of the transferred shares.
As soon as your funds are available in Openbank, you can carry out the following online and at no charge whatsoever:
- Purchase new funds.
- Additional subscriptions.
- Internal transfers.
- Redemptions.
Openbank does not charge any custody fees.
You can invest in a fund on our website and app. You have more than 2,500 index and actively managed funds available to invest from one euro or less. Plus, we don’t charge any transfer, subscription, custody or redemption fees.
You can also check out these examples of diversified fund portfolios with various risk levels and no additional costs for you. You can replicate them or adjust them according to your own market vision, using index funds or actively managed funds.
If you prefer, we can invest for you. From an initial investment of €500 and with no need for you to be an expert, we engage the advisory services of BlackRock®, with no cancellation fee. Check out the results of our automated investment service.
And don’t forget, our experienced AFI-certified team of investment specialists are on hand to help on (+34) 91 177 33 16.
It consists of money that is pooled by various investors and invested and managed by financial market specialists. Its main appeal is that you can obtain a higher return than by investing on your own.
To invest in a fund, all you have to do is buy one or more shares/units of the fund. This makes you a participant. Invest at any time and from very small amounts.
There are many types of investment funds: sustainable investment funds (ESG funds), which follow certain environmental, social and good governance criteria to invest in companies; funds that invest in stocks (companies) in a particular sector; index funds (which replicate the composition of an index to allow you, for example, to "invest as if a part of the Ibex 35 were yours") or actively managed funds (in which a management team studies the companies where it wants to invest the participants' money.
Openbank offers more than 2,500 index and actively managed investment funds in which you can invest from one euro or less. Try using our fund finder tool.
The management and deposit fees indicated in the prospectus of each fund shall be deducted from the net asset value of the fund. Openbank does not charge transfer, subscription, custody or redemption fees, and you can invest from €1 or less in most of the 2,500 investment funds we offer.
In the breakdown of each fund, you can check the risk levels from 1 to 7 established in accordance with the current regulations, so that you can invest in the investment fund that is most suited to your profile. Remember that past performance is no guarantee of future returns.
Please note that any investment in financial markets carries a risk, including the potential risk of loss of invested capital or lack of return. Expected returns are not a reliable indicator of future performance.
You can redeem your investment whenever you wish, plus any gains –net of losses– you have generated. A specific waiting period only applies in the case of guaranteed funds.
You are free to change from one fund to another at any time and spread your investment between different markets, and without having to pay taxes until you have received your redeemed investment.
Don’t forget that Openbank does not charge any redemption fees.
We make it simple. Got any queries or can’t find the investment fund you’re looking for? Get in touch with our investment specialists on (+34) 91 177 33 16, from Monday to Friday from 8 a.m. to 8 p.m. and they will be glad to help.
For further information, check out the Why invest in investment funds section.
