| Sub-fund name | Unit value 30.11.2022 | Unit value 30.11.2023 | Value change | |
|---|---|---|---|---|
Santander Prestiż European Equity Unit value 30.11.2022 1 374,44 PLN Unit value 30.11.2023 1 494,64 PLN Value change 8,75% | 1 374,44 PLN | 1 494,64 PLN | 8,75% | |
| Previous value 29.11.2023 | 1 486,72 PLN |
| 1M | +7,17% |
| 3M | -0,07% |
| 6M | +0,73% |
| 12M | +8,75% |
| 36M | +20,49% |
| 60M | +25,28% |
| YTD | +9,45% |
Sub-fund overview
| Sub-fund launch | 19.02.2016 |
| Benchmark | n/a |
| 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 invests up to 100% of the assets value in the shares of Santander AM Euro Equity sub-fund, a compartment of the Santander SICAV, an open-end investment fund with variable capital domiciled in Luxembourg which takes into account ESG criteria in the investment process and meets the conditions of Article 8 of the Regulation of the European Parliament and of the Council of 27 November 2019 on sustainability-related disclosures in the financial services sector. The master fund invests the majority of its assets in equity shares issued by companies from the eurozone countries,
the manager intends to maintain constant high exposure to the shares of Santander AM Euro Equity sub-fund, in the range of 80% to 100% of assets,
the sub-fund as a rule hedges FX.
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
| 94% | Equities |
| 6% | Cash and deposits |
Geographic allocation
| 40% | France |
| 21% | Germany |
| 13% | Other |
| 9% | Spain |
| 9% | Netherlands |
| 8% | Italy |
Documents to download
| Previous value 29.11.2023 | 1 486,72 PLN |
| 1M | +7,17% |
| 3M | -0,07% |
| 6M | +0,73% |
| 12M | +8,75% |
| 36M | +20,49% |
| 60M | +25,28% |
| YTD | +9,45% |
Documents to download
The above data concerns the foreign sub-fund Santander AM Euro Equity (Santander SICAV), in which 94% of Santander Prestiż Akcji Europejskich assets are invested. The allocation does not include derivatives. All data as at 2023-10-31.
Sustainability-related disclosures
Santander Prestiż European Equity, whose master sub-fund Santander GO Global Equity ESG includes ESG criteria in the investment process, meets the conditions of Article 8 of the Regulation (EU) 2019/2088 of the European Parliament and of the Council of November 27, 2019, Sustainable Finance Disclosure Regulation (SFDR Regulation) as well as considers principal adverse impacts of investment decisions on sustainability factors within the meaning of this regulation.
Detailed disclosures required by the regulatory technical standards (RTS) to the SFDR Regulation are available in the document ‘Sustainability-related disclosures’:
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 sub-fund’s net asset value 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 6 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 2016. The results were accrued in Polish currency.