Money Market Funds

These funds invest in short-term debt securities, capitalising on high interest rates1 and low risk. These fixed income assets include deposits, Treasury Bills and bonds issued by highly rated corporates2.

La Française Tresorerie

ISIN: FR0000991390

Currency: EUR

Risk3: 1/7


Fund that invests in deposits, Treasury Bills and highly collateralised money market instruments with short-term maturities, following ESG criteria.

Cumulative return 20244

2.39%


Historical return (%)4

2023 +3.36
2022-0.15
2021-0.54
2020-0.24
2019-0.26


Groupama Entreprises

ISIN: FR0010288316

Currency: EUR

Risk3: 1/7


This fund aims to outperform eurozone money market interest rates slightly, after deduction of management fees, by making short-term investments in liquid assets.

Cumulative return 20244

2.36%


Historical return (%)4

2023+3.25
2022-0.02
2021-0.56
2020-0.35
2019-0.33
BNP Paribas Euro Money Market

ISIN: LU0083138064

Currency: EUR

Risk3: 1/7


The fund invests in marketable bonds and investment-grade bonds with short-term maturities in order to outperform the European Interbank Interest Rate.

Cumulative return 20244

2.25 %

Historical return (%)4

2023+3.16
2022-0.13
2021-0.62
2020-0.44
2019-0.36

Check out other thematic funds that reflect current international trends.

Past performance is no guarantee of future results. 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.

Switch funds

Got funds at another bank? Switch them to Openbank and dodge any additional fees.

Contact our specialists on 91 177 33 16 or 900 22 32 42, Monday to Friday from 8 a.m. to 8 p.m., and they'll handle the arrangements and answer any of your questions.

Switch funds

Want to get in touch with us?

Want to get in touch with us?

We make it simple. Give us a call on 91 117 33 16 or 900 10 29 38 and our team of investment specialists will be happy to help (Mon-Fri 8 a.m. to 8 p.m.).

91 177 33 16 or 900 10 29 38

+34

We will call you back using the phone number and name provided. We will not store or use this information for any other purpose. For further information on the legal aspects of this process, specifically how we protect your privacy, click here.

We will call you back using the phone number and name provided. We will not store or use this information for any other purpose. For further information on the legal aspects of this process, specifically how we protect your privacy, click here.

The risk rating, fees and information for each of the investment funds distributed 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/en and www.cnmv.es.

1 Source: Refinitiv as at 21/05/2024. The interest rate for the European Central Bank is 4.50%.

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, which includes the risk rating, fees and other relevant information, 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.

3 The risk rating shown is that defined in the KIID of each fund. It is established by the CNMV (National Securities Market Commission) as a reference indicator of the potential return and risk. It is calculated using the historical data that may not be a reliable indicator of the future performance of the fund. On a scale of 1 to 7, a lower risk potentially entails a smaller return. Under no circumstance does level 1 mean it is risk free.

3 Internal rate of return (IRR) expressed as the return for the next 12 months on the bonds in which the fund invests, taking into account the principal and coupon payments (if any) and without the value shown being taken as the sole value of the potential return on the individual’s investment. This IRR figure is gross of investment fund fees and must be netted by deducting the fund's ongoing expenses, which include all of the fund's costs, including those applied for purchasing and holding the bonds in which it invests. The costs are implicitly deducted from the fund's daily net asset value and are expressed as an annual percentage.

Source: Refinitiv as at 7/8/2024. The return for 2024 corresponds to the period from 01/01/24 until 7/8/2024. The return for 2019, 2020, 2021, 2022 and 2023 corresponds to the period from 1 January until 31 December of the respective year. The returns shown are net of fees.