Fund page

INVERACTIVO CONFIANZA, FI

Manager

SANTANDER ASSET MANAGEMENT, S.A., SGIIC See the CNMV manager universe →

Full portfolio

Every position in the latest periodic filing, largest weight first. Aggregates ("other equities...") are baskets of small positions the filing itself does not break out line by line.

Company Type Country Weight Price

SPAIN GOVERNMENT ES0000012O59 · EUR Deuda Publica Cotizada Mas 1 Anio ES 3.23% —

ITALY BUONI ORDI IT0005619546 · EUR Deuda Publica Cotizada Mas 1 Anio IT 3.05% —

ACCIONES|ASML HOLDING NV NL0010273215 · EUR Renta Variable Cotizada NL 3.04% —

ITALY BUONI ORDI IT0005584849 · EUR Deuda Publica Cotizada Mas 1 Anio IT 2.68% —

SPAIN GOVERNMENT ES0000012K53 · EUR Deuda Publica Cotizada Mas 1 Anio ES 2.55% —

FRENCH REPUBLIC FR0013341682 · EUR Deuda Publica Cotizada Mas 1 Anio FR 2.43% —

SPAIN GOVERNMENT ES0000012G34 · EUR Deuda Publica Cotizada Mas 1 Anio ES 2.36% —

BUNDESOBLIGATION DE000BU25026 · EUR Deuda Publica Cotizada Mas 1 Anio DE 2.35% —

FRANCE REPUBLIC FR0013516549 · EUR Deuda Publica Cotizada Mas 1 Anio FR 2.15% —

ITALY BUONI ORDI IT0005641029 · EUR Deuda Publica Cotizada Mas 1 Anio IT 1.95% —

FRANCE REPUBLIC FR001400HI98 · EUR Deuda Publica Cotizada Mas 1 Anio FR 1.92% —

BUNDESOBLIGATION DE000BU27006 · EUR Deuda Publica Cotizada Mas 1 Anio DE 1.82% —

ACCIONES|SAP SE DE0007164600 · EUR Renta Variable Cotizada DE 1.80% —

ITALY BUONI ORDI IT0005556011 · EUR Deuda Publica Cotizada Memos 1 Anio IT 1.80% —

FRANCE REPUBLIC FR001400PM68 · EUR Deuda Publica Cotizada Mas 1 Anio FR 1.76% —

BUNDESOBLIGATION DE000BU22106 · EUR Deuda Publica Cotizada Mas 1 Anio DE 1.75% —

AUSTRIA, REPUBLI AT0000A38239 · EUR Deuda Publica Cotizada Mas 1 Anio AT 1.72% —

BUNDESOBLIGATION DE000BU22098 · EUR Deuda Publica Cotizada Mas 1 Anio DE 1.68% —

ACCIONES|SIEMENS AG DE0007236101 · EUR Renta Variable Cotizada DE 1.64% —

BUNDESOBLIGATION DE000BU2Z015 · EUR Deuda Publica Cotizada Mas 1 Anio DE 1.61% —

ITALY BUONI ORDI IT0005544082 · EUR Deuda Publica Cotizada Mas 1 Anio IT 1.60% —

BUNDESOBLIGATION DE000BU25000 · EUR Deuda Publica Cotizada Mas 1 Anio DE 1.51% —

FRANCE REPUBLIC FR001400BKZ3 · EUR Deuda Publica Cotizada Mas 1 Anio FR 1.48% —

FRANCE REPUBLIC FR0014002WK3 · EUR Deuda Publica Cotizada Mas 1 Anio FR 1.47% —

ACCIONES|ALLIANZ SE DE0008404005 · EUR Renta Variable Cotizada DE 1.36% —

BUNDESOBLIGATION DE000BU2Z007 · EUR Deuda Publica Cotizada Mas 1 Anio DE 1.35% —

ITALY BUONI ORDI IT0005654642 · EUR Renta Fija Cotizada Mas 1 Anio IT 1.35% —

NETHERLANDS GOVE NL0015001XZ6 · EUR Deuda Publica Cotizada Mas 1 Anio NL 1.30% —

BELGIUM GOVERNME BE0000360694 · EUR Deuda Publica Cotizada Mas 1 Anio BE 1.29% —

ACCIONES|INTESA SANPAOLO SPA IT0000072618 · EUR Renta Variable Cotizada IT 1.26% —

FRANCE REPUBLIC FR001400H7V7 · EUR Deuda Publica Cotizada Mas 1 Anio FR 1.25% —

SPAIN GOVERNMENT ES0000012N35 · EUR Deuda Publica Cotizada Mas 1 Anio ES 1.22% —

FRENCH REPUBLIC FR0013286192 · EUR Deuda Publica Cotizada Mas 1 Anio FR 1.21% —

IRELAND GOVERNME IE00BKFVC899 · EUR Deuda Publica Cotizada Mas 1 Anio IE 1.13% —

ACCIONES|SCHNEIDER ELECTRIC SE FR0000121972 · EUR Renta Variable Cotizada FR 1.09% —

ACCIONES|IBERDROLA SA ES0144580Y14 · EUR Renta Variable Cotizada ES 1.01% —

ITALY BUONI ORDI IT0005607970 · EUR Deuda Publica Cotizada Mas 1 Anio IT 1.01% —

BUNDESOBLIGATION DE000BU25042 · EUR Deuda Publica Cotizada Mas 1 Anio DE 0.99% —

BELGIUM GOVERNME BE0000335449 · EUR Deuda Publica Cotizada Mas 1 Anio BE 0.99% —

SPAIN GOVERNMENT ES0000012K20 · EUR Deuda Publica Cotizada Mas 1 Anio ES 0.98% —

ITALY BUONI POLI IT0003256820 · EUR Deuda Publica Cotizada Mas 1 Anio IT 0.91% —

FRANCE REPUBLIC FR001400X8V5 · EUR Deuda Publica Cotizada Mas 1 Anio FR 0.87% —

ITALY BUONI ORDI IT0005580045 · EUR Deuda Publica Cotizada Mas 1 Anio IT 0.85% —

SPAIN GOVERNMENT ES0000012P74 · EUR Deuda Publica Cotizada Mas 1 Anio ES 0.84% —

FRANCE REPUBLIC FR001400L834 · EUR Deuda Publica Cotizada Mas 1 Anio FR 0.81% —

ACCIONES|DEUTSCHE TELEKOM AG DE0005557508 · EUR Renta Variable Cotizada DE 0.77% —

ACCIONES|AIR LIQUIDE SA FR0000120073 · EUR Renta Variable Cotizada FR 0.75% —

ACCIONES|VINCI SA FR0000125486 · EUR Renta Variable Cotizada FR 0.75% —

ITALY BUONI ORDI IT0005647265 · EUR Deuda Publica Cotizada Mas 1 Anio IT 0.74% —

ACCIONES|ENEL SPA IT0003128367 · EUR Renta Variable Cotizada IT 0.68% —

ACCIONES|HERMES INTERNATIONAL FR0000052292 · EUR Renta Variable Cotizada FR 0.68% —

ITALY BUONI ORDI IT0005622128 · EUR Deuda Publica Cotizada Mas 1 Anio IT 0.66% —

ACCIONES|MUENCHENER RUECKV DE0008430026 · EUR Renta Variable Cotizada DE 0.61% —

ACCIONES|ANHEUSER BUSCH INBEV NV BE0974293251 · EUR Renta Variable Cotizada BE 0.61% —

ACCIONES|PROSUS NV NL0013654783 · EUR Renta Variable Cotizada NL 0.60% 38.30 EUR

FINLAND, REPUBLI FI4000306758 · EUR Deuda Publica Cotizada Mas 1 Anio FI 0.57% —

ACCIONES|ESSILOR INTERNATIONAL SA FR0000121667 · EUR Renta Variable Cotizada FR 0.52% —

ACCIONES|INDITEX SA ES0148396007 · EUR Renta Variable Cotizada ES 0.51% —

ACCIONES|DEUTSCHE BOERSE AG DE0005810055 · EUR Renta Variable Cotizada DE 0.51% 282.90 EUR

ACCIONES|KERING FR0000121485 · EUR Renta Variable Cotizada FR 0.48% —

BUNDESOBLIGATION DE000BU2Z023 · EUR Deuda Publica Cotizada Mas 1 Anio DE 0.44% —

ACCIONES|BAYERISCHE MOTOREN WERKE AG DE0005190003 · EUR Renta Variable Cotizada DE 0.41% 58.88 EUR

ACCIONES|COCA COLA EUROPACIFIC PARTNERS GB00BDCPN049 · EUR Renta Variable Cotizada GB 0.41% —

BUNDESOBLIGATION DE0001102515 · EUR Deuda Publica Cotizada Mas 1 Anio DE 0.40% —

ACCIONES|ADIDAS AG DE000A1EWWW0 · EUR Renta Variable Cotizada DE 0.37% —

PORTUGAL OBRIGAC PTOTEQOE0023 · EUR Deuda Publica Cotizada Mas 1 Anio PT 0.34% —

ACCIONES|ORANGE SA FR0000133308 · EUR Renta Variable Cotizada FR 0.34% —

ACCIONES|PRYSMIAN SPA IT0004176001 · EUR Renta Variable Cotizada IT 0.33% —

SPAIN GOVERNMENT ES0000012L29 · EUR Deuda Publica Cotizada Memos 1 Anio ES 0.33% —

PORTUGAL OBRIGAC PTOTEAOE0005 · EUR Deuda Publica Cotizada Mas 1 Anio PT 0.33% —

BELGIUM GOVERNME BE0000357666 · EUR Deuda Publica Cotizada Mas 1 Anio BE 0.33% —

AUSTRIA GOVERNME AT0000A10683 · EUR Deuda Publica Cotizada Mas 1 Anio AT 0.32% —

ACCIONES|L OREAL SA FR0000120321 · EUR Renta Variable Cotizada FR 0.32% —

ACCIONES|BASF SE DE000BASF111 · EUR Renta Variable Cotizada DE 0.31% —

ACCIONES|LEGRAND SA FR0010307819 · EUR Renta Variable Cotizada FR 0.28% —

ACCIONES|JERONIMO MARTINS SGPS SA PTJMT0AE0001 · EUR Renta Variable Cotizada PT 0.27% —

AUSTRIA, REPUBLI AT0000A2WSC8 · EUR Deuda Publica Cotizada Mas 1 Anio AT 0.26% —

ACCIONES|DANONE SA FR0000120644 · EUR Renta Variable Cotizada FR 0.25% —

ACCIONES|BE SEMICONDUCTOR INDUSTRIES N.V NL0012866412 · EUR Renta Variable Cotizada NL 0.25% —

ACCIONES|SIEMENS ENERGY AG DE000ENER6Y0 · EUR Renta Variable Cotizada DE 0.25% —

ACCIONES|SIEMENS HEALTHINEERS AG DE000SHL1006 · EUR Renta Variable Cotizada DE 0.22% —

ACCIONES|RYANAIR HOLDINGS PLC IE00BYTBXV33 · EUR Renta Variable Cotizada IE 0.20% —

ACCIONES|ENI SPA IT0003132476 · EUR Renta Variable Cotizada IT 0.20% —

NETHERLANDS GOVE NL00150006U0 · EUR Deuda Publica Cotizada Mas 1 Anio NL 0.19% —

ACCIONES|FERRARI NV NL0011585146 · EUR Renta Variable Cotizada NL 0.17% —

ACCIONES|UNILEVER NV GB00BVZK7T90 · EUR Renta Variable Cotizada GB 0.16% —

ACCIONES|COMPAGNIE GENERALE DES ETABLIS FR001400AJ45 · EUR Renta Variable Cotizada FR 0.15% —

ACCIONES|RELX NV GB00B2B0DG97 · EUR Renta Variable Cotizada GB 0.14% —

ACCIONES|COMPAGNIE DE ST GOBAIN FR0000125007 · EUR Renta Variable Cotizada FR 0.10% 81.20 EUR

ACCIONES|ADYEN NV NL0012969182 · EUR Renta Variable Cotizada NL 0.09% 1074.00 EUR

ACCIONES|MAGNUM ICE CREAM COMPANY NV NL0015002MS2 · EUR Renta Variable Cotizada NL 0.01% —

This period's moves

H2 2025 vs H1 2025 (estimated)

New: 18 Exits: 25 Increases: 13 Cuts: 3

+ FRANCE REPUBLIC

Enters the portfolio at 1.76% weight.

View company page →

+ BUNDESOBLIGATION

Enters the portfolio at 1.75% weight.

View company page →

+ AUSTRIA, REPUBLI

Enters the portfolio at 1.72% weight.

View company page →

+ BUNDESOBLIGATION

Enters the portfolio at 1.68% weight.

View company page →

+ BUNDESOBLIGATION

Enters the portfolio at 1.51% weight.

View company page →

+ ITALY BUONI ORDI

Enters the portfolio at 1.35% weight.

View company page →

+ SPAIN GOVERNMENT

Enters the portfolio at 1.22% weight.

View company page →

+ FRENCH REPUBLIC

Enters the portfolio at 1.21% weight.

View company page →

+ FRANCE REPUBLIC

Enters the portfolio at 0.87% weight.

View company page →

+ SPAIN GOVERNMENT

Enters the portfolio at 0.84% weight.

View company page →

+ ITALY BUONI ORDI

Enters the portfolio at 0.74% weight.

View company page →

+ ACCIONES|KERING

Enters the portfolio at 0.48% weight.

View company page →

+ BUNDESOBLIGATION

Enters the portfolio at 0.40% weight.

View company page →

+ PORTUGAL OBRIGAC

Enters the portfolio at 0.34% weight.

View company page →

+ ACCIONES|BE SEMICONDUCTOR INDUSTRIES N.V

Enters the portfolio at 0.25% weight.

View company page →

+ ACCIONES|SIEMENS ENERGY AG

Enters the portfolio at 0.25% weight.

View company page →

+ ACCIONES|UNILEVER NV

Enters the portfolio at 0.16% weight.

View company page →

+ ACCIONES|MAGNUM ICE CREAM COMPANY NV

Enters the portfolio at 0.01% weight.

View company page →

− ITALY BUONI ORDI

Leaves the portfolio; it was 2.16% of weight.

− FRANCE REPUBLIC

Leaves the portfolio; it was 1.80% of weight.

− FRENCH REPUBLIC

Leaves the portfolio; it was 1.69% of weight.

− BUNDESOBLIGATION

Leaves the portfolio; it was 1.68% of weight.

− AUSTRIA GOVERNME

Leaves the portfolio; it was 1.64% of weight.

− BUNDESOBLIGATION

Leaves the portfolio; it was 1.59% of weight.

− FRANCE REPUBLIC

Leaves the portfolio; it was 1.52% of weight.

− BUNDESREPUBLIK D

Leaves the portfolio; it was 1.46% of weight.

− ITALY BUONI POLI

Leaves the portfolio; it was 1.46% of weight.

− ITALY BUONI POLI

Leaves the portfolio; it was 1.31% of weight.

− ACCIONES|BANCO SANTANDER SA

Leaves the portfolio; it was 1.17% of weight.

− SPAIN GOVERNMENT

Leaves the portfolio; it was 1.16% of weight.

− SPAIN GOVERNMENT

Leaves the portfolio; it was 1.05% of weight.

− SPAIN GOVERNMENT

Leaves the portfolio; it was 0.90% of weight.

− BUNDESOBLIGATION

Leaves the portfolio; it was 0.83% of weight.

− FRENCH REPUBLIC

Leaves the portfolio; it was 0.72% of weight.

− ITALY BUONI POLI

Leaves the portfolio; it was 0.67% of weight.

− SPAIN GOVERNMENT

Leaves the portfolio; it was 0.67% of weight.

− FRANCE REPUBLIC

Leaves the portfolio; it was 0.53% of weight.

− IRELAND GOVERNME

Leaves the portfolio; it was 0.27% of weight.

− BUNDESOBLIGATION

Leaves the portfolio; it was 0.26% of weight.

− ACCIONES|UNILEVER NV

Leaves the portfolio; it was 0.17% of weight.

− FRANCE REPUBLIC

Leaves the portfolio; it was 0.15% of weight.

− ACCIONES|ING GROEP NV

Leaves the portfolio; it was 0.12% of weight.

− ACCIONES|GALP ENERGIA SGPS SA

Leaves the portfolio; it was 0.10% of weight.

▲ SPAIN GOVERNMENT

Goes from 0.85% to 2.36%.

View company page →

▲ ITALY BUONI ORDI

Goes from 1.55% to 3.05%.

View company page →

▲ ITALY BUONI ORDI

Goes from 1.35% to 2.68%.

View company page →

▲ FRENCH REPUBLIC

Goes from 1.28% to 2.43%.

View company page →

▲ FRANCE REPUBLIC

Goes from 0.48% to 1.48%.

View company page →

▲ ITALY BUONI ORDI

Goes from 0.34% to 1.01%.

View company page →

▲ SPAIN GOVERNMENT

Goes from 2.60% to 3.23%.

View company page →

▲ ACCIONES|ASML HOLDING NV

Goes from 2.45% to 3.04%.

View company page →

▲ BUNDESOBLIGATION

Goes from 0.54% to 0.99%.

View company page →

▲ IRELAND GOVERNME

Goes from 0.81% to 1.13%.

View company page →

▲ NETHERLANDS GOVE

Goes from 0.99% to 1.30%.

View company page →

▲ ACCIONES|INTESA SANPAOLO SPA

Goes from 0.95% to 1.26%.

View company page →

▲ FRANCE REPUBLIC

Goes from 1.62% to 1.92%.

View company page →

▼ ACCIONES|SAP SE

Goes from 2.40% to 1.80%.

View company page →

▼ ITALY BUONI POLI

Goes from 1.26% to 0.91%.

View company page →

▼ SPAIN GOVERNMENT

Goes from 0.67% to 0.33%.

View company page →

Fixed income

Declared FI exposure

32.0 M €

% of portfolio

66.1%

Positions

Issuers

Sovereign: 31.0 M € Corporate: 954,066 €

Maturity ladder

Observed contractual maturity of each position, repos excluded. Matured/≤3 months includes bonds maturing in the first days after the period close.

50% 39%

3-6 months · 0.5%6-12 months · 2.7%1-2 years · 7.5%2-5 years · 50.1%5-10 years · 39.3%

Maturity Positions Exposure %

Matured or ≤3 months 0 0 € 0.0%

3-6 months 1 159,291 € 0.5%

6-12 months 1 868,025 € 2.7%

1-2 years 4 2.4 M € 7.5%

2-5 years 17 16.0 M € 50.1%

5-10 years 27 12.6 M € 39.3%

> 10 years 0 0 € 0.0%

Unknown 0 0 € 0.0%

Top issuers

The 10 issuers with the largest declared exposure in this fund, repos excluded.

Issuer Type ISINs Exposure Next maturity

Repubblica Italiana Sovereign 11 8.0 M € 2026-09-15

République Française Sovereign 10 7.4 M € 2028-05-25

Bundesrepublik Deutschland Sovereign 10 6.7 M € 2027-06-10

Reino de España Sovereign 7 5.6 M € 2026-05-31

BELGIUM GOVERNME Sovereign 3 1.3 M € 2031-06-22

AUSTRIA, REPUBLI Corporate 2 954,066 € 2030-10-20

NETHERLANDS GOVE Sovereign 2 723,144 € 2031-07-15

IRELAND GOVERNME Sovereign 1 546,167 € 2030-10-18

PORTUGAL OBRIGAC Sovereign 2 322,766 € 2033-10-14

FINLAND, REPUBLI Sovereign 1 275,599 € 2034-04-15

Top instruments

The 10 instruments with the largest declared exposure. No yield, IRR or rating: there's no reliable data to compute them.

ISIN Coupon Maturity Exposure

ES0000012O59 Reino de España 2.40% 2028-05-31 1.6 M €

IT0005619546 Repubblica Italiana 3.15% 2031-11-15 1.5 M €

IT0005584849 Repubblica Italiana 3.35% 2029-07-01 1.3 M €

ES0000012K53 Reino de España 0.80% 2029-07-30 1.2 M €

FR0013341682 République Française 0.75% 2028-11-25 1.2 M €

ES0000012G34 Reino de España 1.25% 2030-10-31 1.1 M €

DE000BU25026 Bundesrepublik Deutschland 2.10% 2029-04-12 1.1 M €

FR0013516549 République Française 0.00% 2030-11-25 1.0 M €

IT0005641029 Repubblica Italiana 2.65% 2028-06-15 941,471 €

FR001400HI98 République Française 2.75% 2029-02-25 930,019 €

This period's fixed-income moves

Compares the current fixed-income portfolio with the previous period, by ISIN. An exit that coincides with maturity isn't a sale: the bond reached its contractual date.

New positions: 13 Exits at maturity: 0 Exits not explained by maturity: 21

+ FRANCE REPUBLIC

Enters the portfolio at 1.76% weight.

+ BUNDESOBLIGATION

Enters the portfolio at 1.75% weight.

+ AUSTRIA, REPUBLI

Enters the portfolio at 1.72% weight.

+ BUNDESOBLIGATION

Enters the portfolio at 1.68% weight.

+ BUNDESOBLIGATION

Enters the portfolio at 1.51% weight.

+ ITALY BUONI ORDI

Enters the portfolio at 1.35% weight.

+ SPAIN GOVERNMENT

Enters the portfolio at 1.22% weight.

+ FRENCH REPUBLIC

Enters the portfolio at 1.21% weight.

+ FRANCE REPUBLIC

Enters the portfolio at 0.87% weight.

+ SPAIN GOVERNMENT

Enters the portfolio at 0.84% weight.

+ ITALY BUONI ORDI

Enters the portfolio at 0.74% weight.

+ BUNDESOBLIGATION

Enters the portfolio at 0.40% weight.

+ PORTUGAL OBRIGAC

Enters the portfolio at 0.34% weight.

− ITALY BUONI ORDI

Leaves the portfolio; it was 2.16% of weight.

− FRANCE REPUBLIC

Leaves the portfolio; it was 1.80% of weight.

− FRENCH REPUBLIC

Leaves the portfolio; it was 1.69% of weight.

− BUNDESOBLIGATION

Leaves the portfolio; it was 1.68% of weight.

− AUSTRIA GOVERNME

Leaves the portfolio; it was 1.64% of weight.

− BUNDESOBLIGATION

Leaves the portfolio; it was 1.59% of weight.

− FRANCE REPUBLIC

Leaves the portfolio; it was 1.52% of weight.

− BUNDESREPUBLIK D

Leaves the portfolio; it was 1.46% of weight.

− ITALY BUONI POLI

Leaves the portfolio; it was 1.46% of weight.

− ITALY BUONI POLI

Leaves the portfolio; it was 1.31% of weight.

− SPAIN GOVERNMENT

Leaves the portfolio; it was 1.16% of weight.

− SPAIN GOVERNMENT

Leaves the portfolio; it was 1.05% of weight.

− SPAIN GOVERNMENT

Leaves the portfolio; it was 0.90% of weight.

− BUNDESOBLIGATION

Leaves the portfolio; it was 0.83% of weight.

− FRENCH REPUBLIC

Leaves the portfolio; it was 0.72% of weight.

− ITALY BUONI POLI

Leaves the portfolio; it was 0.67% of weight.

− SPAIN GOVERNMENT

Leaves the portfolio; it was 0.67% of weight.

− FRANCE REPUBLIC

Leaves the portfolio; it was 0.53% of weight.

− IRELAND GOVERNME

Leaves the portfolio; it was 0.27% of weight.

− BUNDESOBLIGATION

Leaves the portfolio; it was 0.26% of weight.

− FRANCE REPUBLIC

Leaves the portfolio; it was 0.15% of weight.

Disclaimer

This is not financial advice. The portfolio comes from the periodic report the fund files with the CNMV and lags the real close of the period: it is a snapshot of the end of each half-year, not a real-time portfolio.