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.

Rate of returnUnit value
Sub-fund nameUnit value 05.10.2021Unit value 05.10.2022Value change
Santander PPK 2025
Unit value 05.10.2021
1 122,77 PLN
Unit value 05.10.2022
920,75 PLN
Value change
-17,99%
1 122,77 PLN920,75 PLN-17,99%
Current value05.10.2022920,75PLN
Previous value 04.10.2022926,80 PLN
1M-2,51%
3M-1,73%
6M-7,99%
12M-17,99%
YTD-13,19%

Profit and risk rates

Potential return
1234567
The sub-fund is dedicated to investors who plan to save for a period ending on the target date specified for the sub-fund for 2025.
Risk level
1234567
High risk – associated mainly with the volatility of market interest rates, credit risk, liquidity risk and with the volatility of stock prices. Detailed description of the subfund’s risks can be found in the prospectus and, in summary form, in Key Investor Information (KIID).

Summary of the investment policy

Under the debt part, the sub-funds may invest:

  • not less than 70% of the value of the assets in treasury and quasi-treasury bonds or bank deposits,
  • not more than 30% of the value of the assets in other financial instruments, but no more than 10% in financial instruments that do not have an investment rating.

Under the share part, the sub-funds may invest:

  • not less than 40% of the value of the assets in the shares included the WIG20 index,
  • not more than 20% of the value of the assets in the shares included in the mWIG 40 index,
  • not more than 10% of the value of the assets in other shares listed on the Warsaw Stock Exchange,
  • not less than 20% of the value of the assets in foreign shares in the OECD countries.

The subfund invests its assets in subsequent time intervals according to the principles set out in the table below:

Santander PPK 2025: until 31.12.2019 from 01.01.2020
until 31.12.2024
from 01.01.2025
Equity part 25-50% 10-30% 0-15%
Debt part 50-75% 70-90% 85-100%

 

During the five years preceding the year in which the subfund reaches its defined date, the part of the equity component will be gradually reduced to the debt component.

 

Rates of return in subsequent calendar years (%)

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 other deductions related to the withdrawal of funds before the age of 60 under the Act of October 4, 2018 on employee capital plans. The results were accrued in the Polish currency.

Sub-fund overview

Sub-fund launch02.12.2019
Benchmarkn/a
Recommended investment horizonmin. until the sub-fund reaches the target date
Subfund categorydefined date sub-fund
Managing companySantander TFI S.A.
Minimum initial investment0,01 PLN
Minimum subsequent investment0,01 PLN

Sub-fund manager

Adam Nowakowski, CFA

Adam Nowakowski, CFA

Managing the equity part of the portfolio

Graduate of the Poznań University of Economics, Department of Marketing and Management; Majors: capital investments and corporate finance strategies. Licensed stock broker and investment advisor, holder of the prestigious Chartered Financial Analyst (CF) 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

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

74%Government bonds
21%Equities
3%Corporate bonds
2%Other

Geographic allocation

94%Poland
3%United States
3%Other
Current value05.10.2022920,75PLN
Previous value 04.10.2022926,80 PLN
1M-2,51%
3M-1,73%
6M-7,99%
12M-17,99%
YTD-13,19%

Profit and risk rates

Potential return
1234567
The sub-fund is dedicated to investors who plan to save for a period ending on the target date specified for the sub-fund for 2025.
Risk level
1234567
High risk – associated mainly with the volatility of market interest rates, credit risk, liquidity risk and with the volatility of stock prices. Detailed description of the subfund’s risks can be found in the prospectus and, in summary form, in Key Investor Information (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. 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 over 35% (thirty five percent) of the value of the sub-fund’s assets in securities issued, warranted, or guaranteed by the State Treasury or the National Bank of Poland.
The net asset value of the sub-funds may be exposed to considerable volatilitydue to the composition of the investment portfolio.

The above material is for promotional purposes only.