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.

Alfa 2018 - distinction in Stable Growth Funds category.

Merger of sub-funds

On February 25, 2022, Santander Stable Growth, as a result of the merger, took over Santander Platinum Moderate. On that day, we included the assets of the acquired sub-fund in the assets of the acquiring sub-fund.

Rate of returnUnit value
Sub-fund nameUnit value 03.12.2021Unit value 05.12.2022Value change
Santander Stable Growth
Unit value 03.12.2021
34,01 PLN
Unit value 05.12.2022
30,53 PLN
Value change
-10,23%
34,01 PLN30,53 PLN-10,23%
05.12.2022
Current value05.12.202230,53PLN
Previous value 02.12.202230,64 PLN
1M+6,67%
3M+2,90%
6M+0,83%
12M-10,23%
36M-4,56%
60M-5,60%
120M+7,20%
YTD-9,91%

Profit and risk rates

Potential return
1234567
The sub-fund is dedicated to investors who expect above-average returns and plan mid-term or long-term investments (minimum 3 years).*
Risk level
1234567
High risk - mainly associated with the changes in market interest rates, the credit risk, liquidity risk and the volatility of share prices. A full description of the sub-fund’s risks can be found in the prospectus and, in abbreviated form, in the KIID.*

On February 25, 2022, Santander Stable Growth, as a result of the merger, took over Santander Platinum Moderate. On that day, we included the assets of the acquired sub-fund in the assets of the acquiring sub-fund.

 

This chart shows the sub-fund’s performance as the percentage loss or gain per year over the last 10 years. (unit A,%)

sub-fund benchmark

Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the sub-fund has been managed in the past.

Performance is shown net of all fees charged on the sub-fund's assets including management fee and performance fee. 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 sub-fund was established in 1999. The results were accrued in Polish currency.

Sub-fund overview

Sub-fund launch26.11.1999
Benchmark15% WIG (WIG)+15% MSCI World Net Total Return USD (M1WO) converted to PLN+30% ICE BofA Poland Government Index (G0PL)+15% ICE BofA Global Government Index (W0G1) hedged to PLN+25% ICE BofA Euro Corporate Index (ER00) hedged to PLN.
Recommended investment horizonmin. 3 years
Subfund categoryMixed
Managing companySantander TFI S.A.
Minimum initial investment100,00 PLN
Minimum subsequent investment100,00 PLN

Summary of the investment policy

  • mixed sub-fund; main categories of investments include debt securities and money market instruments (issued by state governments, local authorities and corporations) and equity shares and similar financial instruments,

  • the manager intends to maintain the equity instruments between 25% to 35% of assets,

  • the share of corporate bonds other than underwritten or guaranteed by the state should not exceed 30% of assets,

  • the share of bonds without an investment rating should not exceed 20% of assets,

  • duration ratio 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.

Sub-fund manager

Bartosz Dębowski, CFA

Bartosz Dębowski, CFA

Managing the equity part of the portfolio

Graduate of the Łódź University, Department of Finance and Banking; Major: capital investments. Licensed investment advisor and holder of the prestigious Chartered Financial Analyst (CFA) designation.

Michał Hołda

Michał Hołda

Managing the debt part of the portfolio

Graduate of the Warsaw School of Economics, Department of Finance and Banking. Licensed investment advisor.

Overview of the investment process

At Santander TFI, the investment process relies on the competences of the Investment Committee as well as the individual sub-fund managers. The Investment Committee, which includes all managers, makes decisions on, among other things, hedging currency positions and the use of other derivatives. It can also make decisions on strategic and geographic allocation. Sub-fund managers, on the other hand, make individual investment decisions regarding the target holdings of individual financial instruments in the portfolio.

Allocation of assets

52%Bonds issued and guaranteed by the government
25%Equities
14%Corporate bonds
6%Corporate bond funds
3%Other

Geographic allocation

59%Poland
17%United States
14%Other
6%European region (investment funds)
4%Netherlands
05.12.2022
Current value05.12.202230,53PLN
Previous value 02.12.202230,64 PLN
1M+6,67%
3M+2,90%
6M+0,83%
12M-10,23%
36M-4,56%
60M-5,60%
120M+7,20%
YTD-9,91%

Profit and risk rates

Potential return
1234567
The sub-fund is dedicated to investors who expect above-average returns and plan mid-term or long-term investments (minimum 3 years).*
Risk level
1234567
High risk - mainly associated with the changes in market interest rates, the credit risk, liquidity risk and the volatility of share prices. A full description of the sub-fund’s risks can be found in the prospectus and, in abbreviated form, in the KIID.*

* "Potential return" and "risk level" are conceptually the same as the term "The Risk and Reward Indicator". For a given sub-fund, the values of "potential return" and "risk level" are identical.

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.