| Sub-fund name | Unit value 17.04.2023 | Unit value 17.04.2024 | Value change | |
|---|---|---|---|---|
Santander Prestiż Emerging Markets Equity Unit value 17.04.2023 856,52 PLN Unit value 17.04.2024 904,01 PLN Value change 5,54% | 856,52 PLN | 904,01 PLN | 5,54% | |
| Previous value 16.04.2024 | 902,60 PLN |
| 1M | -0,68% |
| 3M | +5,99% |
| 6M | +7,07% |
| 12M | +5,54% |
| 36M | -14,00% |
| 60M | -1,86% |
| YTD | +1,04% |
Sub-fund overview
| Sub-fund launch | 30.01.2018 |
| Benchmark | 90% MSCI Emerging Markets Net Total Return Index USD (M1EF) + 10% WIBOR O/N (WIBOON Ask Price) |
| Recommended investment horizon | min. 5 years |
| Subfund category | Equity |
| Managing company | Santander TFI S.A. |
| Minimum initial investment | 100,00 PLN |
| Minimum subsequent investment | 100,00 PLN |
Summary of the investment policy
the sub-fund is an equity fund of funds investing from 60% to 100% of its assets in equity funds which pursue their investment policies of investing mainly in the shares of companies from emerging markets listed in the MSCI Emerging Markets,
the sub-fund can invest some of its assets directly in equity instruments,
the manager intends to maintain constant high exposure to equity funds or shares, in the range from 80% to 100% of assets,
FX exposure is hedged; the effective percentage of foreign currencies is not higher than 10% of assets,
the sub-fund is actively managed: its portfolio nor performance may not reflect portfolio of the benchmark and its performance may be significantly different from performance of the benchmark. The sub-fund may invest in securities off the benchmark.
Jacek Grel, CFA
Graduate of the University of Economics in Opole, Department of Management and Business Organisations; Holder of a degree in Macroeconomics at the Central European University and of the 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
| 71% | Units issued by equity funds |
| 19% | Equities |
| 7% | Bonds issued and guaranteed by the government |
| 3% | Cash and deposits |
Geographic allocation
| 40% | Emerging Markets (investment funds) |
| 28% | Poland |
| 15% | Asia ex Japan region (investment funds) |
| 8% | Asian region (Investment Funds) |
| 7% | Asia Pacific ex Japan region (investment funds) |
| 2% | China |
Documents to download
| Previous value 16.04.2024 | 902,60 PLN |
| 1M | -0,68% |
| 3M | +5,99% |
| 6M | +7,07% |
| 12M | +5,54% |
| 36M | -14,00% |
| 60M | -1,86% |
| YTD | +1,04% |
Documents to download
Sub-fund's portfolio as of March 29, 2024
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 Prestiż Emerging Markets Equity sub-fund is exposed to considerable volatility due to the composition of the investment portfolio.
The information presented above is solely promotional in nature.
This chart shows the sub-fund’s performance as the percentage loss or gain per year over the last 5 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.