The sub-fund aims to maintain relatively low exposure to credit and interest rate risk, aiming to achieve a rate of return that is less dependent on bond market conditions.
The product will invest in liquid markets and will be actively managed according to the market assessment, giving the chance for better returns.
Most of the Treasury portion of the sub-fund will be allocated in the local government bond market.
Investments in the non-Treasury bond market will be predominantly made in foreign markets due to their liquidity.
Exposure to emerging markets (outside Poland) will not exceed 20% of the sub-fund assets.
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 net asset value of some sub-funds of Santander funds is characterized by high volatility due to the composition of the investment portfolio. The sub-fund can invest more than 35% of assets in securities issued, underwritten or guaranteed by the State Treasury or the National Bank of Poland.
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 information presented above is solely promotional in nature.