|
Alfa 2020 distinction in the category of Polish government bond funds
|
| Sub-fund name | Unit value 09.04.2020 | Unit value 13.04.2021 | Value change | |
|---|---|---|---|---|
Santander Prestiż Short Duration Unit value 09.04.2020 1 101,75 PLN Unit value 13.04.2021 1 130,87 PLN Value change 2,64% | 1 101,75 PLN | 1 130,87 PLN | 2,64% | |
| Previous value 12.04.2021 | 1 130,44 PLN |
Sub-fund overview
| Sub-fund launch | 22.11.2013 |
| Benchmark | WIBID 3M |
| Recommended investment horizon | min. 6 months |
| 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
- the sub-fund is a short-term debt sub-fund that invests in debt securities and money market securities and instruments denominated in PLN or in foreign currencies, while hedging the FX risk,
- the sub-fund invests mainly in bonds issued, underwritten or guaranteed by the State Treasury, treasury bills, corporate bonds, bank bonds, certificates of deposit and mortgage bonds,
- the prevailing investment types include variable interest debt securities or debt securities with a short maturity period, duration ratio should not exceed 2,
- the sub-fund is actively managed: its portfolio is based on selection criteria and does not reflect 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
| 79% | Government bonds |
| 11% | Corporate bonds |
| 10% | Covered bonds |
Geographic allocation
| 99% | Poland |
| 1% | Other |
Documents to download
| Previous value 12.04.2021 | 1 130,44 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, description of risk factors and information on fees related to participation in sub-fund can be found in the prospectuses and tables of fees available in Polish on Santander.pl/TFI and from the distributors of Santander Prestiż SFIO.
The sub-fund cannot guarantee achievement of the investment objective or of the expected return on investment. Prior to making an investment decision, the Participant should review the fees charged by the sub-fund and take into account the potential tax imposed on the gains. The Participant should take into consideration the possibility of losing at least some of the invested capital.
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.