Merger of sub-funds

According to the announcement of 23 August 2021 , Santander Central and Eastern European Equity sub-fund will be merged with Santander Polish Equity sub-fund

On the day of the merger of the sub-funds, i.e. October 22, 2021, the assets of the acquired sub-fund will be transferred to Santander Polish Equity sub-fund, and the participants of Santander Central and Eastern European Equity sub-fund will be allocated units of Santander Polish Equity sub-fund.

 

Alfa 2018 - distinction in Polish Equities Funds category.

Rate of returnUnit value
Sub-fund nameUnit value 17.09.2020Unit value 17.09.2021Value change
Santander Polish Equity
Unit value 17.09.2020
28,06 PLN
Unit value 17.09.2021
42,12 PLN
Value change
50,11%
28,06 PLN42,12 PLN50,11%
17.09.2021
Current value17.09.202142,12PLN
Previous value 16.09.202142,39 PLN
1M+1,74%
3M+6,39%
6M+21,35%
12M+50,11%
36M+25,51%
60M+40,82%
120M+41,68%
YTD+26,03%

Profit and risk rates

Potential return
1234567
The sub-fund is dedicated to investors who expect high returns and plan long-term investments (minimum 5 years).
Risk level
1234567
Very high risk – mainly related to the volatility of the share prices of Polish companies. A full description of the sub-fund’s risks can be found in the prospectus and, in abbreviated form, in the KIID.

Sub-fund overview

Sub-fund launch02.04.1998
Benchmark95% WIG + 5% WIBD O/N
Recommended investment horizonmin. 5 years
Subfund categoryEquity
Managing companySantander TFI S.A.
Minimum initial investment1 000,00 PLN
Minimum subsequent investment100,00 PLN

Summary of the investment policy

  • equity sub-fund; main categories of investments include shares and similar equity instruments,

  • the manager intends to maintain constant high exposure to shares and similar instruments, in the range from 80% to 100% of assets,

  • the sub-fund invests mainly in domestic assets,

  • the intention of the manager is that shares from foreign markets (including emerging markets) constitute up to 20% of assets,

  • 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.

Sub-fund manager

Szymon Borawski-Reks, CFA

Szymon Borawski-Reks, CFA

Investment Director. Graduate of the Poznań University of Economics, Department of Marketing and Management; Majors: capital investments and corporate finance strategies. Holder of CFA the prestigious Chartered Financial Analyst (CFA).

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

93%Equities
5%Government bonds
2%Cash and deposits

Geographic allocation

89%Poland
7%Other
4%Luxembourg
17.09.2021
Current value17.09.202142,12PLN
Previous value 16.09.202142,39 PLN
1M+1,74%
3M+6,39%
6M+21,35%
12M+50,11%
36M+25,51%
60M+40,82%
120M+41,68%
YTD+26,03%

Profit and risk rates

Potential return
1234567
The sub-fund is dedicated to investors who expect high returns and plan long-term investments (minimum 5 years).
Risk level
1234567
Very high risk – mainly related to the volatility of the share prices of Polish companies. A full description of the sub-fund’s risks can be found in the prospectus and, in abbreviated form, in the KIID.

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 information presented above is solely promotional in nature.