Alfa 2015 - distinction in Balanced Funds category.
| Sub-fund name | Unit value 18.09.2020 | Unit value 20.09.2021 | Value change | |
|---|---|---|---|---|
Santander Balanced Unit value 18.09.2020 28,44 PLN Unit value 20.09.2021 34,90 PLN Value change 22,71% | 28,44 PLN | 34,90 PLN | 22,71% | |
| Previous value 17.09.2021 | 35,38 PLN |
| 1M | -0,06% |
| 3M | +1,84% |
| 6M | +8,22% |
| 12M | +22,71% |
| 36M | +14,54% |
| 60M | +24,78% |
| 120M | +44,45% |
| YTD | +10,16% |
Sub-fund overview
| Sub-fund launch | 02.04.1998 |
| Benchmark | 35% WIG + 20% MSCI World Index (MXWO) + 30% ICE BofA Poland Government Index (G0PL) + 15% ICE BofA Euro Corporate Index (ER00) hedged to Polish zloty |
| Recommended investment horizon | min. 4 years |
| Subfund category | Mixed |
| Managing company | Santander TFI S.A. |
| Minimum initial investment | 1 000,00 PLN |
| Minimum subsequent investment | 100,00 PLN |
Summary of the investment policy
mixed sub-fund; main investment categories include equity shares and similar financial instruments and debt securities and money market instruments,
debt securities and money market instruments issued by state governments, local authorities and corporations,
the manager intends to maintain the share of equity instruments between 50% and 60% of assets,
the sub-fund invests no more than 50% of its assets in other than domestic securities,
the share of corporate bonds other than underwritten or guaranteed by the state should not exceed 20% of assets,
the share of bonds without an investment rating should not exceed 15% of assets,
duration ratio of debt part should not exceed 8,
the sub-fund is actively managed: its portfolio nor performance may not reflect portfolio of the benchmark and its performance may be significantly different from performance of the benchmark. The sub-fund may invest in securities off the benchmark.
Adam Nowakowski, CFA
Managing the equity part of the portfolio
Graduate of the Poznań University of Economics, Department of Marketing and Management; Majors: capital investments and corporate finance strategies. Licensed stock broker and investment advisor, holder of the prestigious Chartered Financial Analyst (CF) designation.
Paweł Pisarczyk
Managing the debt part of the portfolio
Graduate of the Management Department of the University of Economics in Cracow; Major: modelling and forecasting business processes. Licensed stock broker and investment advisor.
Overview of the investment process
In Santander TFI, the investment process relies on the competence of the Investment Committee and of the individual sub-fund managers. The Investment Committee composed of all managers approves financial instruments for inclusion in the sub-fund portfolios and makes strategic decisions regarding portfolios under management. Sub-fund managers decide about target shares of individual instruments in the portfolios.
Allocation of assets
| 57% | Equities |
| 26% | Government bonds |
| 11% | Corporate bonds |
| 5% | Corporate bond funds |
| 1% | Cash and deposits |
Geographic allocation
| 64% | Poland |
| 14% | United States |
| 11% | Other |
| 5% | European region (investment funds) |
| 3% | Austria |
| 3% | Netherlands |
Documents to download
| Previous value 17.09.2021 | 35,38 PLN |
| 1M | -0,06% |
| 3M | +1,84% |
| 6M | +8,22% |
| 12M | +22,71% |
| 36M | +14,54% |
| 60M | +24,78% |
| 120M | +44,45% |
| YTD | +10,16% |
Documents to download
The presented data concerning the value of the sub-fund’s participation units and changes in the participation unit value over time are historical data and similar performance in the future cannot be guaranteed. The performance figures are not adjusted for the potential tax imposed on the Participant and the charges payable upon the sale or repurchase of participation units by the sub-fund.
The sub-fund’s financial data, description of risk factors,information on fees related to participation in sub-fund and key investor information document can be found in the prospectuses and tables of fees available in Polish on Santander.pl/TFI/documents and from the distributors of Santander FIO. A summary of investors’ rights can be found in the prospectus (Chapter III, point 4).
The sub-fund cannot guarantee achievement of the investment objective or of the expected return on investment. Prior to making an investment decision, the Participant should review the fees charged by the sub-fund and take into account the potential tax imposed on the gains. The Participant should take into consideration the possibility of losing at least some of the invested capital.
The sub-fund’s net asset value may be exposed to considerable volatility due to the composition of the investment portfolio. The sub-fund can invest more than 35% of its assets in securities issued, guaranteed or underwritten by the State Treasury or the National Bank of Poland.
The information presented above is solely promotional in nature.