Got investment funds at another bank?
Switch them to Openbank with no subscription, redemption, custody or transfer fees!
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.
The level of risk and information for each of the investment funds marketed by Open Bank, S.A., are set out in the prospectus or Key Investor Information Document (KIID) for each one of the investment funds, available at www.openbank.es and www.cnmv.es.
1 Minimum investment of €500. The investment made in the Investment Funds must be held for at least 1 year, from 31 October 2022, both in funds purchased or subscribed to during the campaign and in already existing funds. Receipt of the incentive constitutes taxable investment income in cash, at the current rate of 19%, which will be applied by the Bank in accordance with the applicable tax regulations. This tax withholding will not be passed on to the customer. The customer must declare the incentive received in the savings tax base of their income tax (IRPF) return, plus the withholding not passed on. The customer is entitled to the deduction of said withholding.
2 The aim of the fund lists provided by Openbank is to give examples of the thematic funds that have performed best regarding risk and return over a medium to long-term horizon (3 years) and not just those with the highest returns. As such, the criteria followed to create these lists are exclusively quantitative and free of qualitative bias, except for the theme itself. Openbank does not distribute these products through a consultancy service. Therefore, when investing in the funds, neither the financial situation, nor investment goals, nor the personal requirements of any investor has been taken into consideration. In this regard, the investment funds presented are not personalised recommendations and they do not entail a contractual or advisory element, a customised invitation to the subscription, purchase or sale of financial instruments or to undertake any transaction. Therefore, Openbank is explicitly exempt from any liability that may arise relating to the chosen product. The investment, where applicable, should be made based on the legal documentation of each product and it should be read before any investment decision is made. This documentation is available on the information page of each fund at openbank.es/en and cnmv.es. The source of the return to date and the 5-year return is Refinitiv; for 2021 return, Morningstar. In any case, the return shown is net of fees and as at 11 May 2022.