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Santander Prestiż Fixed Income Dollar

Turn dollars into investment

This sub-fund is for you if, for example:

  • You have savings in dollars.
  • You are paid in this currency.
  • You are looking for less risky solutions - with less volatility.
  • You want to invest in a product based on government and corporate bonds.

What makes this sub-fund special

Your investment is realized exclusively in dollars, which means that:

  • You can only make payments to the sub-fund in dollars.
  • All transactions for the purchase and redemption of participation units are carried out in dollars only.
  • If you redeem your participation units, we will pay you in dollars to your account.
  • Since all settlements are made in dollars, you do not incur any currency conversion costs.

Summary of the investment policy

  • The sub-fund invests from 80% of net assets to 100% of assets in the shares of Santander GO Short Duration Dollar, a compartment of Santander SICAV (master fund).
  • Master fund invests the majority of its assets in short-term debt securities denominated in U.S. dollars.
  • Master fund takes into account ESG criteria in the investment process and meets the conditions of Article 8 of SFDR *.
  • The sub-fund's valuation currency is the U.S. dollar, and the part of the portfolio subject to fluctuations in other currencies amounts to a maximum of 10% of net assets.

What will the sub-fund with such investment policy give you

  • A sub-fund whose performance depends on (or is ‘based on’) short-term debt instruments in USD.
  • A sub-fund with low risk: SRI 1 (on a 7-point risk scale).
    • Low interest rate and credit risk
    • Credit risk: master fund invests exclusively in government bonds and highly rated debt instruments.
  • Consistent management - managers seek steady returns with low volatility
  • A sub-fund that takes into account ESG criteria in the investment process and meets the conditions of Article 8 of the SFDR *.

* SFDR - Regulation of the European Parliament and of the Council of 27 November 2019 on sustainability‐related disclosures in the financial services sector.

Santander Prestiż Fixed Income Dollar
category debt fund
Minimum initial investment USD 100
Minimum subsequent investment USD 100
Fees purchase and redemption: 0%
management: 0.6%
performance: none
Risk SRI: 1
Benchmark n/a
Recommended investment horizon min. 1 year

How is tax settled in this sub-fund?

In the case of foreign currency funds, the tax base (income and cost) and the tax must be expressed in PLN. The fund determines the income and tax-deductible expenses, and consequently the income or loss, and converts them into PLN. Income is converted at the average dollar exchange rate announced by the National Bank of Poland on the last business day preceding the day of repurchase of the participation units. Costs are converted at the average dollar exchange rate announced by the National Bank of Poland on the last business day preceding the day of purchase of the participation units.

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 information presented above is solely promotional in nature.