Rate of returnUnit value
Sub-fund nameUnit value 29.07.2020Unit value 29.07.2021Value change
Santander PPK 2040
Unit value 29.07.2020
1 017,37 PLN
Unit value 29.07.2021
1 261,02 PLN
Value change
23,95%
1 017,37 PLN1 261,02 PLN23,95%
Current value29.07.20211 261,02PLN
Previous value 28.07.20211 256,93 PLN
1M+0,94%
3M+5,71%
6M+10,77%
12M+23,95%
YTD+12,40%

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 2040.
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 2040: until 31.12.2019 from 01.01.2020
until 31.12.2029
from 01.01.2030
until 31.12.2034
from 01.01.2035
until 31.12.2039
from 01.01.2040
Equity part 60-80% 40-70% 25-50% 10-30% 0-15%
Debt part 20-40% 30-60% 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.

Sub-fund overview

Sub-fund launch25.11.2019
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.

Paweł Pisarczyk

Paweł Pisarczyk

Managing the debt part of the portfolio

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

62%Equities
35%Government bonds
3%Cash and deposits

Geographic allocation

82%Poland
10%Other
8%United States
Current value29.07.20211 261,02PLN
Previous value 28.07.20211 256,93 PLN
1M+0,94%
3M+5,71%
6M+10,77%
12M+23,95%
YTD+12,40%

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 2040.
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).

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 Participants and the possible charges.

The sub-fund’s financial data, description of the risk factors and terms of participation can be found in the Prospectus of Santander PPK SFIO published in Polish at Santander.pl/TFI.
The sub-fund cannot guarantee achievement of the investment objective or of the expected return on investment. The Participant should consider the possibility of losing at least some of the invested capital.
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.