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Alfa 2019 distinction in the category of Polish corporate bond funds |
| Sub-fund name | Unit value 09.04.2020 | Unit value 13.04.2021 | Value change | |
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Santander Prestiż Corporate Bond Unit value 09.04.2020 1 309,06 PLN Unit value 13.04.2021 1 425,73 PLN Value change 8,91% | 1 309,06 PLN | 1 425,73 PLN | 8,91% | |
| Previous value 12.04.2021 | 1 425,87 PLN |
Sub-fund overview
| Sub-fund launch | 27.05.2011 |
| Benchmark | 60% WIBID3M + 20% ICE BofA Euro Corporate Index (ER00) zabezpieczony do złotego + 20% ICE BofA Euro High Yield Index (HE00) zabezpieczony do złotego |
| Recommended investment horizon | min. 3 years |
| Subfund category | Debt |
| Managing company | Santander TFI S.A. |
| Minimum initial investment | 10 000,00 PLN |
| Minimum subsequent investment | 1 000,00 PLN |
Summary of the investment policy
- debt (corporate bond) sub-fund which focuses on investments in debt securities issued by corporations and local authorities,
- the sub-fund can invest without limitation in debt securities issued by the Republic of Poland (State Treasury) or other countries,
- the share of bonds without an investment rating should not exceed 50% of assets,
- duration ratio should not exceed 5,
- the sub-fund invests mainly in money market securities and instruments denominated in PLN or in foreign currencies, with the FX risk hedged,
- the sub-fund is actively managed: its portfolio doesn’t reflect the portfolio of the benchmark and its performance may differ significantly from the performance of the benchmark.
Paweł Pisarczyk
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
| 71% | Corporate bonds |
| 20% | Government bonds |
| 9% | Participation units of debt funds |
Geographic allocation
| 52% | Poland |
| 26% | Other |
| 8% | Netherlands |
| 7% | region of Europe (investment funds) |
| 4% | France |
| 3% | Spain |
Documents to download
| Previous value 12.04.2021 | 1 425,87 PLN |
Documents to download
Sub-fund's portfolio as at 2021-02-26.
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 Participant and the charges payable upon the sale or repurchase of participation units by the sub-fund.
The sub-fund’s financial data and description of the risk factors can be found in the prospectus published in Polish at Santander.pl/TFI and are available from the distributors of Santander Prestiż SFIO. The sub-fund cannot guarantee achievement of the investment objective or of the expected return on investment. The Participant should take into consideration the possibility of losing at least some of the invested capital.
The sub-fund’s net asset value is exposed to considerable volatility due to the composition of the investment portfolio. 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, a local administration unit of a Member State or OECD member states or international financial institutions of which the Republic of Poland or at least one OECD country is a member In such a case, the sub-fund is obliged to make investments in securities of at least six different issues and the value of investments in any of those issues may not exceed 30% (thirty percent) of the value of the sub-fund’s assets.
The information presented above is solely promotional in nature.