Why invest in mutual funds

Why invest in investment funds?

Invests in markets without being an expert in finance

Invest in markets without being a finance expert

Fund Finder

5 reasons to invest in funds

  • Without being a finance expert: Decide how much you want to invest and the asset manager will do the rest.

  • Freedom and flexibility: You can invest whenever you want and from small amounts. 

  • Diversification: Funds allow you to invest in different markets and assets, diversifying your risks. 

  • Tax advantages: Transfer between funds without any fees. You are only subject to tax when you sell your investment.

  • Your money is always available: You can redeem the money you need at any time. Specific periods of time only apply to guaranteed funds.

What advantages are waiting for you at Openbank?

  • Specialists on hand to help: A team with more than 20 years of experience on (+34) 91 177 33 16.

  • More than 2,000 funds from the main asset managers: Our advanced fund finder and comparison tool will help you find the fund that best suits your needs.

  • No added fees: You will only pay the management and deposit fees set out in the prospectus for each fund.

  • You will be informed at all times: You will have access to detailed information on the progress of your fund and on the return accrued since you started investing.

  • Purchase alerts: We will notify you free-of-charge when your money orders are settled in your current account.

Buy the investment fund of your choice on our website or app.

Fund Finder

Would you like to learn more about investment funds?

How does an investment fund work?

It consists of having a group of investors pooling money that the asset manager uses to buy assets, such as stocks or bonds. This is what is known as the fund's assets. When you invest in a fund, you're actually buying a part of those assets that we call a unit.

What is the net asset value?

It is the price that stake has at a given time. That is, the price at which it would be sold at that moment. This amount is calculated daily on the price of the assets in which the fund is invested, discounting management and deposit fees. That is, it always reflects the real value of the stake on the date indicated.

What returns can you expect?

Investment funds can achieve very attractive returns, although you should bear in mind that past performance is no guarantee of future results, as there is no fixed interest rate. However, it is always helpful to see how the funds have performed in the past: historical return.

Are there any regulations that affect your investments?

Yes, the MIFID Directive. It is a community regulation that protects customers and improves the functioning of financial markets. It establishes a classification of customers and products in order to offer you the investment that suits you.

What tax advantages do you have?

You can transfer your investment from one fund to another without affecting your income tax return. So you will be able to change your investment without generating losses or profits. You will only have to pay taxes when you sell your shares. Until then, even if you accumulate returns, you will not have to pay income tax on them.

This is a major advantage over accounts and deposits, since the return of your funds is included in the value of the investment, so that capital is also making a profit until you decide to redeem it. The rate at which capital gains are taxed depends on their amount, regardless of the period in which you have held the investment:

  • 19% for earnings below €6,000.

  • 21% for earnings from €6,000 to €50,000.

  • 23% for earnings in excess of €50,000.

What documentation will you receive before you invest in a fund?

Before opening a investment fund, we will provide you with the DFI (Key Investor Information Document) or informative prospect, a semi-annual report and, in the case of international funds, the Marketing Report. These documents provide all the information you will need. 

How can you transfer funds?

A transfer consists of redeeming the money from one fund and immediately investing it in another. It may be total or partial, as well as between Openbank’s investment funds or those at other entities. Of course, in order to do so, the ownership and the percentage of equity must be the same. This flexibility allows you to move your investments more easily according to your interests. 

When can you access your money?

You can access your money whenever you need it. The liquidity of investment funds is a huge advantage compared to term deposits (in which you have to wait for maturity to receive the principal and interest agreed). Only in the case of guaranteed funds do you have to wait a specific period of time.

How can you invest in a fund?

You can invest right now from the Customer Area of this website. You can also invest through our app on your phone or tablet. Or call our investment specialists on 91 177 33 16 (Mon - Fri, 8 a.m. - 10 p.m.). 

Need more information?

We make it simple. Call us on 91 177 33 16, and our specialist investment team will be glad to help (Mon - Fri, 8 a.m. - 1 p.m.).

How does an investment fund work?

It consists of having a group of investors pooling money that the asset manager uses to buy assets, such as stocks or bonds. This is what is known as the fund's assets. When you invest in a fund, you're actually buying a part of those assets that we call a unit.

What is the net asset value?

It is the price that stake has at a given time. That is, the price at which it would be sold at that moment. This amount is calculated daily on the price of the assets in which the fund is invested, discounting management and deposit fees. That is, it always reflects the real value of the stake on the date indicated.

What returns can you expect?

Investment funds can achieve very attractive returns, although you should bear in mind that past performance is no guarantee of future results, as there is no fixed interest rate. However, it is always helpful to see how the funds have performed in the past: historical return.

Are there any regulations that affect your investments?

Yes, the MIFID Directive. It is a community regulation that protects customers and improves the functioning of financial markets. It establishes a classification of customers and products in order to offer you the investment that suits you.

What tax advantages do you have?

You can transfer your investment from one fund to another without affecting your income tax return. So you will be able to change your investment without generating losses or profits. You will only have to pay taxes when you sell your shares. Until then, even if you accumulate returns, you will not have to pay income tax on them.

This is a major advantage over accounts and deposits, since the return of your funds is included in the value of the investment, so that capital is also making a profit until you decide to redeem it. The rate at which capital gains are taxed depends on their amount, regardless of the period in which you have held the investment:

  • 19% for earnings below €6,000.

  • 21% for earnings from €6,000 to €50,000.

  • 23% for earnings in excess of €50,000.

What documentation will you receive before you invest in a fund?

Before opening a investment fund, we will provide you with the DFI (Key Investor Information Document) or informative prospect, a semi-annual report and, in the case of international funds, the Marketing Report. These documents provide all the information you will need. 

How can you transfer funds?

A transfer consists of redeeming the money from one fund and immediately investing it in another. It may be total or partial, as well as between Openbank’s investment funds or those at other entities. Of course, in order to do so, the ownership and the percentage of equity must be the same. This flexibility allows you to move your investments more easily according to your interests. 

When can you access your money?

You can access your money whenever you need it. The liquidity of investment funds is a huge advantage compared to term deposits (in which you have to wait for maturity to receive the principal and interest agreed). Only in the case of guaranteed funds do you have to wait a specific period of time.

How can you invest in a fund?

You can invest right now from the Customer Area of this website. You can also invest through our app on your phone or tablet. Or call our investment specialists on 91 177 33 16 (Mon - Fri, 8 a.m. - 10 p.m.). 

Need more information?

We make it simple. Call us on 91 177 33 16, and our specialist investment team will be glad to help (Mon - Fri, 8 a.m. - 1 p.m.).