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Alfa 2015 - award in the category of Polish government bond funds

Rate of returnUnit value
Sub-fund nameUnit value 23.09.2021Unit value 23.09.2022Value change
Santander Prestiż Government Bond
Unit value 23.09.2021
1 515,30 PLN
Unit value 23.09.2022
1 297,60 PLN
Value change
-14,37%
1 515,30 PLN1 297,60 PLN-14,37%
23.09.2022
Current value23.09.20221 297,60PLN
Previous value 22.09.20221 301,16 PLN
1M-0,30%
3M+3,93%
6M-2,25%
12M-14,37%
36M-9,52%
60M-4,05%
120M+13,28%
YTD-5,77%

Profit and risk rates

Potential return
1234567
The sub-fund is dedicated to investors who expect appreciation of their investments value in mid-term (minimum 2 years) due to investing on the market of government securities.
Risk level
1234567
Moderate risk - associated mainly with changes in the market interest rates and – to a lesser degree – with the credit risk. A full description of the sub-fund’s risks can be found in the prospectus and, in abbreviated form, in the KIID.

Rates of return in subsequent calendar years (unit A,%)

benchmark sub-fund

The presented data are historical data and do not guarantee achievement of similar returns in the future. 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 results were accrued in the Polish currency.

Sub-fund overview

Sub-fund launch16.11.2010
BenchmarkICE BofA Poland Government Index (G0PL)
Recommended investment horizonmin. 2 years
Subfund categoryDebt
Managing companySantander TFI S.A.
Minimum initial investment100,00 PLN
Minimum subsequent investment100,00 PLN

Summary of the investment policy

  • debt (government bond) sub-fund that invests mainly in debt securities issued, underwritten or guaranteed by the State Treasury or EU member states, the maximum share of other investments is 20% of total assets,

  • the share of corporate bonds other than underwritten or guaranteed by the states should not exceed 20% of assets,

  • the share of bonds without an investment rating should not exceed 10% of assets,

  • duration ratio should be between 2 and 8,

  • the sub-fund invests mainly in money market securities and instruments denominated in PLN or in foreign currencies, while hedging the FX risk,

  • the sub-fund is actively managed: its portfolio may not reflect the portfolio of the benchmark and its performance may differ significantly from the performance of the benchmark. The sub-fund may invest in securities not included in the benchmark.

Sub-fund manager

Michał Hołda

Michał Hołda

Graduate of the Warsaw School of Economics, Department of Finance and Banking. Licensed investment advisor.

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

100%Government bonds

Geographic allocation

93%Poland
5%United States
2%Other
23.09.2022
Current value23.09.20221 297,60PLN
Previous value 22.09.20221 301,16 PLN
1M-0,30%
3M+3,93%
6M-2,25%
12M-14,37%
36M-9,52%
60M-4,05%
120M+13,28%
YTD-5,77%

Profit and risk rates

Potential return
1234567
The sub-fund is dedicated to investors who expect appreciation of their investments value in mid-term (minimum 2 years) due to investing on the market of government securities.
Risk level
1234567
Moderate risk - associated mainly with changes in the market interest rates and – to a lesser degree – with the credit risk. A full description of the sub-fund’s risks can be found in the prospectus and, in abbreviated form, in the KIID.

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 (KIIDs) 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 can invest more than 35% of its assets in securities issued, underwritten 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.