Alfa 2018 - distinction in Stable Growth Funds category.

Rate of returnUnit value
Sub-fund nameUnit value 09.04.2020Unit value 13.04.2021Value change
Santander Stable Growth
Unit value 09.04.2020
30,06 PLN
Unit value 13.04.2021
35,10 PLN
Value change
16,77%
30,06 PLN35,10 PLN16,77%
13.04.2021
Current value13.04.202135,10PLN
Previous value 12.04.202135,05 PLN

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.

Sub-fund overview

Sub-fund launch26.11.1999
Benchmark20% WIG + 10% MSCI World Index (MXWO) + 50% ICE BofAML Poland Government Index (G0PL) + 20% ICE BofA Euro Corporate Index (ER00) zabezpieczony do złotego
Recommended investment horizonmin. 3 years
Subfund categoryMixed
Managing companySantander TFI S.A.
Minimum initial investment1 000,00 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 sub-fund invests minimum 50% of its assets in domestic securities,
  • the share of corporate bonds other than underwritten or guaranteed by the state should not exceed 25% of assets,
  • the share of bonds without an investment rating should not exceed 15% 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

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

Graduate of the Warsaw School of Economics, Department of Finance and Banking. Licensed 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%Government bonds
27%Shares
16%Corporate bonds

Geographic allocation

71%Poland
10%Other
6%United States
5%Sweden
5%Hungary
3%Austria
13.04.2021
Current value13.04.202135,10PLN
Previous value 12.04.202135,05 PLN

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.

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 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.