Alfa 2023 - distinction in the category of Polish government bond funds
Alfa 2015 - award in the category of Polish government bond funds
| Sub-fund name | Unit value 19.12.2023 | Unit value 19.12.2024 | Value change | |
|---|---|---|---|---|
Santander Prestiż Government Bond Unit value 19.12.2023 1 554,20 PLN Unit value 19.12.2024 1 586,77 PLN Value change 2,10% | 1 554,20 PLN | 1 586,77 PLN | 2,10% | |
| Previous value 18.12.2024 | 1 594,79 PLN |
| 1M | -0,73% |
| 3M | -1,44% |
| 6M | +1,85% |
| 12M | +2,10% |
| 36M | +12,99% |
| 60M | +10,42% |
| 120M | +20,82% |
| YTD | +2,17% |
Sub-fund overview
| Sub-fund launch | 16.11.2010 |
| Benchmark | ICE BofA Poland Government Index (G0PL) |
| Recommended investment horizon | min. 3 years |
| Subfund category | Debt |
| Managing company | Santander TFI S.A. |
| Minimum initial investment | 100,00 PLN |
| Minimum subsequent investment | 100,00 PLN |
Summary of the investment policy
Debt (government bond) sub-fund that invests minimum 80% of net assets in government bonds and government bonds funds.
Duration ratio is between 2 and 8.
The part of the portfolio whose currency risk has not been hedged amounts to a maximum of 10% net assets.
The sub-fund is actively managed: its portfolio may not reflect the portfolio of the benchmark and its performance may differ significantly from the performance of the benchmark. The sub-fund may invest in securities not included in the benchmark.
Michał Hołda
Graduate of the Warsaw School of Economics, Department of Finance and Banking. Licensed 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
| 100% | Bonds issued and guaranteed by the government |
Geographic allocation
| 99% | Poland |
| 1% | United Kingdom |
Documents to download
| Previous value 18.12.2024 | 1 594,79 PLN |
| 1M | -0,73% |
| 3M | -1,44% |
| 6M | +1,85% |
| 12M | +2,10% |
| 36M | +12,99% |
| 60M | +10,42% |
| 120M | +20,82% |
| YTD | +2,17% |
Documents to download
Sub-fund's portfolio as of November 29, 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.
This chart shows the sub-fund’s performance as the percentage loss or gain per year over the last 10 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 2010. The results were accrued in Polish currency.