The information on the website may contain advertising content that does not constitute an agreement or an information document required by the law, and does not contain sufficient information to make an investment decision. Investing bears risk. Before making any investment decisions, read the fund's prospectus, including the full list of risks.

Merger of sub-funds

On October 22, 2021, Santander Corporate Bond, as a result of the merger, took over the Santander European Bond sub-fund. On that day, we included the assets of the acquired sub-fund in the assets of the acquiring sub-fund.

 

Alfa 2017 - distinctions in the category of Polish corporate papers

Rate of returnUnit value
Sub-fund nameUnit value 27.09.2021Unit value 27.09.2022Value change
Santander Corporate Bond
Unit value 27.09.2021
66,99 PLN
Unit value 27.09.2022
61,22 PLN
Value change
-8,61%
66,99 PLN61,22 PLN-8,61%
27.09.2022
Current value27.09.202261,22PLN
Previous value 26.09.202261,29 PLN
1M-2,02%
3M-0,10%
6M-4,09%
12M-8,61%
36M-5,67%
60M-2,06%
120M+17,50%
YTD-7,58%

Profit and risk rates

Potential return
1234567
The sub-fund is dedicated to investors who expect appreciation of their investments value in mid-term (minimum 3 years) due to investments on Polish and foreign corporate bond markets.
Risk level
1234567
Medium risk - associated mainly with the credit risk, liquidity risk and changes in the market interest rates. In times of crises caused by various factors, liquidity and credit risk increase significantly and can contribute to significant losses for the investor. A full description of the sub-fund’s risks can be found in the prospectus and, in abbreviated form, in the KIID.

On October 22, 2021, Santander Corporate Bond, as a result of the merger, took over the Santander European Bond sub-fund. On that day, we included the assets of the acquired sub-fund in the assets of the acquiring sub-fund.

 

Rates of return in subsequent calendar years (unit A,%)

benchmark sub-fund

The presented data are historical data and do not guarantee achievement of similar returns in the future. The performance figures are not adjusted for the potential tax imposed on the Investor and the charges payable upon the sale or repurchase of participation units. The results were accrued in the Polish currency.

Sub-fund overview

Sub-fund launch10.02.2012
Benchmark60% WIBOR 3M (WIBO3M Ask Price) + 20% ICE BofA Euro Corporate Index (ER00) hedged to PLN + 20% ICE BofA Euro High Yield Index (HE00) hedged to PLN
Recommended investment horizonmin. 3 years
Subfund categoryDebt
Managing companySantander TFI S.A.
Minimum initial investment100,00 PLN
Minimum subsequent investment100,00 PLN

Summary of the investment policy

  • debt (corporate bonds) sub-fund which focuses on investments in debt securities issued by corporations and local authorities,

  • the sub-fund may make unlimited investments in debt securities issued by the Republic of Poland (State Treasury) or other states,

  • the share of bonds without an investment rating should not exceed 30% of assets,

  • duration ratio should not exceed 5,

  • the sub-fund invests mainly in money market securities and instruments denominated in PLN or in foreign currencies, while hedging the FX risk,

  • the sub-fund is actively managed: its portfolio doesn’t reflect portfolio of the benchmark and its performance may be significantly different from performance of the benchmark.

Sub-fund manager

Paweł Pisarczyk

Paweł Pisarczyk

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

71%Corporate bonds
19%Government bonds
9%Corporate bond funds
1%Other

Geographic allocation

56%Poland
23%Other
8%Netherlands
6%European region (investment funds)
4%France
3%Hungary
27.09.2022
Current value27.09.202261,22PLN
Previous value 26.09.202261,29 PLN
1M-2,02%
3M-0,10%
6M-4,09%
12M-8,61%
36M-5,67%
60M-2,06%
120M+17,50%
YTD-7,58%

Profit and risk rates

Potential return
1234567
The sub-fund is dedicated to investors who expect appreciation of their investments value in mid-term (minimum 3 years) due to investments on Polish and foreign corporate bond markets.
Risk level
1234567
Medium risk - associated mainly with the credit risk, liquidity risk and changes in the market interest rates. In times of crises caused by various factors, liquidity and credit risk increase significantly and can contribute to significant losses for the investor. A full description of the sub-fund’s risks can be found in the prospectus and, in abbreviated form, in the KIID.

This document is presented for marketing purposes and does not constitute an agreement or an information document required by law.

It should not be relied upon as the sole basis for making investment decisions.

The rewards of investing in shares are also accompanied by risks. A description of the risk factors, financial data and information about fees and charges can be found in the prospectuses, key information documents (KIIDs) and schedules of fees and charges available in Polish at Santander.pl/TFI/documents and at Santander fund distributors. For a summary of investors' rights, see the prospectus (Chapter III, sec. 4).

The Funds do not guarantee the achievement of a stated investment objective or a specific investment performance and future returns are subject to taxation, which depends on the personal situation of each investor and which may change over time. Before making an investment decision, the participant should consider the fees associated with the sub-fund and take into account the possible taxation of the investment return. The participant must also take into account the possibility of losing at least part of the invested funds.

When investing in mutual funds, the participant purchases the units of those funds and not the underlying assets that the fund itself invests in.

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.