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 25.01.2022Unit value 25.01.2023Value change
Santander PPK 2055
Unit value 25.01.2022
1 198,69 PLN
Unit value 25.01.2023
1 121,10 PLN
Value change
-6,47%
1 198,69 PLN1 121,10 PLN-6,47%
Current value25.01.20231 121,10PLN
Previous value 24.01.20231 131,02 PLN
1M+6,56%
3M+18,05%
6M+7,95%
12M-6,47%
36M+8,56%
YTD+6,09%

Risk indicator

1234567
The risk indicator is an indication of the risk level of this product compared to other products. Takes values from 1 to 7. The higher the value of the indicator, the higher is the risk of the product, i.e. the greater the probability of a loss of the invested funds.

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 2055: until 31.12.2034 from 01.01.2035
until 31.12.2044
from 01.01.2045
until 31.12.2049
from 01.01.2050
until 31.12.2054
from 01.01.2055
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.

 

This chart shows the sub-fund’s performance as the percentage loss or gain per year over the last 3 years. (%)

sub-fund

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 2019. The results were accrued in 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.

Marta Stępień, CFA

Marta Stępień, CFA

Managing the debt part of the portfolio

Graduate of the Wrocław University of Economics, Department of Finance and Banking; Majors: Finance Analyst and Risk Management. Marta Stępień holds a Securities Broker licence, an Investment Advisor licence and prestigious Chartered Financial Analyst (CFA) designation.

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

69%Equities
27%Bonds issued and guaranteed by the government
4%Cash and deposits

Geographic allocation

81%Poland
10%United States
9%Other
Current value25.01.20231 121,10PLN
Previous value 24.01.20231 131,02 PLN
1M+6,56%
3M+18,05%
6M+7,95%
12M-6,47%
36M+8,56%
YTD+6,09%

Risk indicator

1234567
The risk indicator is an indication of the risk level of this product compared to other products. Takes values from 1 to 7. The higher the value of the indicator, the higher is the risk of the product, i.e. the greater the probability of a loss of the invested funds.

Sustainability-related disclosures

No consideration of adverse impacts of investment decisions on sustainability factors.

The Subfund does not consider principal adverse impacts of investment decisions on sustainability factors. This is dictated by the existing, noticeable at the moment, lack of sufficient disclosure data of portfolio companies as well as by the still undeveloped market practice in the area of principal adverse impacts. Santander TFI plans to consider adverse impacts of investments decisions on sustainability factors for a higher number of products - Santander TFI’s strategy in this respect adequately takes into account its size, nature and scale of activity, as well as the types of offered financial products.

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 (KIDs) 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.