Alfa 2015 - distinction in Balanced Funds category.
| Sub-fund name | Unit value 09.04.2020 | Unit value 13.04.2021 | Value change | |
|---|---|---|---|---|
Santander Balanced Unit value 09.04.2020 26,45 PLN Unit value 13.04.2021 32,95 PLN Value change 24,57% | 26,45 PLN | 32,95 PLN | 24,57% | |
| Previous value 12.04.2021 | 32,91 PLN |
Sub-fund overview
| Sub-fund launch | 02.04.1998 |
| Benchmark | 35% WIG + 20% MSCI World Index (MXWO) + 30% ICE BofAML Poland Government Index (G0PL) + 15% ICE BofA Euro Corporate Index (ER00) zabezpieczony do złotego |
| 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
Paweł Pisarczyk
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
| 55% | Shares |
| 30% | Government bonds |
| 10% | Corporate bonds |
| 5% | Participation units of debt funds |
Geographic allocation
| 65% | Poland |
| 13% | United States |
| 11% | Other |
| 5% | region of Europe (investment funds) |
| 3% | Netherlands |
| 3% | Austria |
Documents to download
| Previous value 12.04.2021 | 32,91 PLN |
Documents to download
Sub-fund's portfolio as at 2021-02-26.
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 and information on fees related to participation in sub-fund can be found in the prospectuses and tables of fees available in Polish on Santander.pl/TFI and from the distributors of Santander FIO. 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.