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 mWIG40 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 sub-fund invests its assets in subsequent time intervals according to the principles set out in the table below:

Santander PPK 2065: until 31.12.2044 from 01.01.2045
until 31.12.2054
from 01.01.2055
until 31.12.2059
from 01.01.2060
until 31.12.2064
from 01.01.2065
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 sub-fund reaches its defined date, the part of the equity component will be gradually reduced to the debt component.

Sub-fund overview

Fund registration sub-fund has not been launched
Benchmark n/a
Recommended investment horizon min. until the sub-fund reaches the target date
Category Defined date sub-fund
Management Santander TFI S.A.
Minimum initial investment PLN 0,01
Minimum subsequent investment PLN 0,01


Sub-fund managers

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

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.

Sample asset allocation

70%Shares
30%Government bonds

Sample geographic allocation

80%Poland
10% United States
10%Other

Potential return and Risk level

Potential return
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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 2065.
Risk level
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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 volatility due to the composition of the investment portfolio.

The above material is for promotional purposes only.