Sub-fund name | Unit value 08.12.2023 | Unit value 10.12.2024 | Value change | |
---|---|---|---|---|
Santander PPK 2045 Unit value 08.12.2023 1 424,34 PLN Unit value 10.12.2024 1 582,75 PLN Value change 11,12% | 1 424,34 PLN | 1 582,75 PLN | 11,12% |
Previous value 09.12.2024 | 1 581,22 PLN |
1M | +0,97% |
3M | +3,81% |
6M | -0,54% |
12M | +11,12% |
36M | +24,30% |
60M | +56,26% |
YTD | +8,43% |
Sub-fund overview
Sub-fund launch | 25.11.2019 |
Benchmark | n/a |
Recommended investment horizon | min. 5 years |
Subfund category | defined date sub-fund |
Managing company | Santander TFI S.A. |
Minimum initial investment | 0,01 PLN |
Minimum subsequent investment | 0,01 PLN |
Overview of the investment process
At Santander TFI, the investment process relies on the competences of the Investment Committee and the individual sub-funds’ managers.
The Investment Committee includes all sub-funds’ managers. The Investment Committee makes decisions that concern, among other things:
- hedging currency positions and the use of other derivatives,
- strategic and geographic allocation.
Sub-funds’ managers, on the other hand, make individual investment decisions regarding the target holdings of individual financial instruments in the portfolios.
Allocation of assets
66% | Equities |
27% | Bonds issued and guaranteed by the government |
3% | Units issued by equity funds |
3% | Corporate bonds |
1% | Other |
Geographic allocation
80% | Poland |
12% | United States |
8% | Other |
Documents to download
Previous value 09.12.2024 | 1 581,22 PLN |
1M | +0,97% |
3M | +3,81% |
6M | -0,54% |
12M | +11,12% |
36M | +24,30% |
60M | +56,26% |
YTD | +8,43% |
Documents to download
Sub-fund's portfolio as of October 31, 2024
Sustainability-related disclosures
We do not considerf adverse impacts of investment decisions on sustainability factors.
The sub-fund does not consider principal adverse impacts of investment decisions on sustainability factors. The main reason is lack of sufficient disclosure data of companies. Aditionally there is undeveloped market practice in the area of principal adverse impacts. We plan to consider adverse impacts of investments decisions on sustainability factors for a higher number of products. Our strategy in this respect takes into account size, nature and scale of activity, as well as the types of offered financial products.
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. 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 over 35% (thirty five percent) of the value of the sub-fund’s assets in securities issued, warranted, or guaranteed by the State Treasury or the National Bank of Poland.
The net asset value of the sub-funds may be exposed to considerable volatilitydue to the composition of the investment portfolio.
The information presented above is solely promotional in nature.
Summary of the investment policy
Under the debt part, the sub-funds may invest:
Under the share part, the sub-funds may invest:
The subfund invests its assets in subsequent time intervals according to the principles set out in the table below:
until 31.12.2034
until 31.12.2039
until 31.12.2044
During the five years preceding the year in which the subfund reaches its defined date, the part of the equity component will be gradually reduced to the debt component.
This chart shows the sub-fund’s performance as the percentage loss or gain per year over the last 4 years. (%)
Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. Assessing how the sub-fund has been managed in the past can help you.
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 2019. The results were accrued in Polish currency.