So investiert der Santander Sicav - Santander Target Maturity Euro IV AD EUR Income Fonds: The investment objective of this Sub-Fund is to provide Shareholders with investment growth in the medium term, through a diversified portfolio of fixed income assets. Further information on the SubFund’s portfolio construction is specified below under “Ramp-up period”. The Sub-Fund mainly invests up to 100% of its net assets in both public and private fixed income instruments in EUR including deposits and money market instruments. The Sub-Fund will mainly invest in EU entities. The fixed income securities in which the Sub-Fund invests will be issued by entities domiciled principally in OECD countries. The total exposure to emerging markets will not exceed 10% of the Sub-Fund's net assets.