| Sub-fund name | Unit value 21.11.2023 | Unit value 21.11.2024 | Value change | |
|---|---|---|---|---|
Santander Prestiż Global Fixed Income Unit value 21.11.2023 991,90 PLN Unit value 21.11.2024 1 065,89 PLN Value change 7,46% | 991,90 PLN | 1 065,89 PLN | 7,46% | |
| Previous value 20.11.2024 | 1 065,80 PLN |
| 1M | -0,18% |
| 3M | +1,28% |
| 6M | +3,02% |
| 12M | +7,46% |
| 36M | +4,52% |
| 60M | +6,44% |
| YTD | +4,73% |
Sub-fund overview
| Sub-fund launch | 05.02.2018 |
| Benchmark | n/a |
| Recommended investment horizon | min. 4 years |
| Subfund category | Absolute return |
| Managing company | Santander TFI S.A. |
| Minimum initial investment | 100,00 PLN |
| Minimum subsequent investment | 100,00 PLN |
Summary of the investment policy
the sub-fund invests up to 100% of the assets value in the shares of Santander GO Dynamic Bond sub-fund, a compartment of the Santander SICAV, an open-end investment fund with variable capital domiciled in Luxembourg (master sub-fund). Master sub-fund actively invests in debt instruments mainly in developed markets using derivatives and financial leverage to a large extent. Average duration that is the sensitivity of master sub-fund's portfolio to interest rate changes, can take positive and negative values,
the manager intends to maintain constant high exposure to the shares of Santander Prestiż Global Fixed Income sub-fund, in the range of 80% to 100% of assets,
the sub-fund as a rule hedges FX risk.
Paweł Pisarczyk
Graduate of the Management Department of the University of Economics in Kraków; Major: modelling and forecasting business processes. Licensed stock broker and investment advisor.
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
| 28% | Covered bond |
| 26% | Corporate bonds |
| 21% | Bonds issued and guaranteed by the government |
| 17% | Cash and deposits |
| 8% | Bond funds |
Geographic allocation
| 72% | United States |
| 16% | Other |
| 9% | Ireland |
| 3% | United Kingdom |
Documents to download
| Previous value 20.11.2024 | 1 065,80 PLN |
| 1M | -0,18% |
| 3M | +1,28% |
| 6M | +3,02% |
| 12M | +7,46% |
| 36M | +4,52% |
| 60M | +6,44% |
| YTD | +4,73% |
Documents to download
Data concerns the foreign sub-fund Santander GO Dynamic Bond (master sub-fund), in which 96% of Santander Prestiż Dłużny Globalny assets are invested. We do not include derivatives in master sub-fund’s portfolio. Presented data refere to status 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 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.
The information presented above is solely promotional in nature.
On January 4, 2021 we changed the name of Santander Prestiż Global Fixed Income sub-fund (from the previous one: Santander Prestiż Global Corporate Bond) and its investment policy. Therefore, the results of the sub-fund before that date were achieved under conditions no longer applicable.
This chart shows the sub-fund’s performance as the percentage loss or gain per year over the last 5 years. (unit B,%)
Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the sub-fund has been managed in the past.
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 2018. The results were accrued in Polish currency. Due to the fact that on January 4, 2021 on sub-fund changed the investment policy, the results of the sub-fund before that date were achieved under conditions no longer applicable.