| Sub-fund name | Unit value 03.02.2022 | Unit value 03.02.2023 | Value change | |
|---|---|---|---|---|
Santander Moderate Strategy Unit value 03.02.2022 986,13 PLN Unit value 03.02.2023 979,66 PLN Value change -0,66% | 986,13 PLN | 979,66 PLN | -0,66% | |
| Previous value 02.02.2023 | 979,80 PLN |
| 1M | +4,05% |
| 3M | +12,56% |
| 6M | +6,77% |
| 12M | -0,66% |
| 36M | +1,88% |
| YTD | +5,39% |
Sub-fund overview
| Sub-fund launch | 09.02.2018 |
| Benchmark | n/a |
| Recommended investment horizon | min. 3 years |
| Subfund category | Mixed |
| Managing company | Santander TFI S.A. |
| Minimum initial investment | 100,00 PLN |
| Minimum subsequent investment | 100,00 PLN |
Summary of the investment policy
fund of funds investing from 70% to 100% of its net asset value (NAV) in the participation units of open-end investment funds managed by Santander TFI,
from 50% to 80% of NAV can be invested in debt securities and money market instruments and funds which invest mainly in debt securities,
the shares of funds which invest mainly in equity and similar instruments can account for 20% to 40% of NAV,
up to 50% of total assets can be invested in the participation units of one of the following sub-funds: Santander Short Duration, Santander Government Bond, Santander Corporate Bond and Santander Polish Equity and up to 20% in the participation units of Santander Equity Growth and Santander Small and Medium Caps Equity sub-fund,
the sub-fund will not invest in the participation units of other Santander FIO funds apart from the ones named above.
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.
This sub-fund is jointly managed by the Investment Committee that makes all investment decisions.
Allocation of assets
| 31% | Units issued by equity funds |
| 30% | Bond funds |
| 21% | Corporate bond funds |
| 10% | Bonds issued and guaranteed by the government |
| 7% | Govenment bond funds |
| 1% | Cash and deposits |
Geographic allocation
| 83% | Poland |
| 12% | Other |
| 5% | United States |
Documents to download
| Previous value 02.02.2023 | 979,80 PLN |
| 1M | +4,05% |
| 3M | +12,56% |
| 6M | +6,77% |
| 12M | -0,66% |
| 36M | +1,88% |
| YTD | +5,39% |
Documents to download
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 and at Santander fund distributors. 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 net asset value of Santander Moderate Strategy sub-fund is exposed to considerable volatility due to the composition of the investment portfolio.
The information presented above is solely promotional in nature.
Sub-fund managers
Investment Committee
This chart shows the sub-fund’s performance as the percentage loss or gain per year over the last 4 years. (unit B,%)
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 2018. The results were accrued in Polish currency.