See also
Dynamic Subfund
Managed by:
The Subfund's assets as at 30.04.2012:
Minimum first payment:
Next payment:
Transfer agent:
Depository:
The Fund's acquisitions account:
Millennium TFI
70 131 336,93 PLN
500 PLN
500 PLN
ProService Agent Transferowy
Bank Millennium S.A.
28 1160 2202 0000 0000 8711 0083
Participation unit value
on 22.05.2012: 59.02 PLN
Graph
Investment policy
The Subfund may invest mainly in equities of small and medium-sized companies, which constitute from 60% to 100% of its portfolio. The Subfund focuses on identifying companies that are currently undervalued. Key factors that drive investments' selection are expectations regarding company and industry perspectives based on analytical indicators. Remaining assets of the Subfund are invested mainly in debt securities and money market instruments. The Subfund may use derivatives to hedge investment risk and provide enhanced quality of portfolio management.
Benchmark
The benchmark for assessing how effective the investment in participation units is, is an index, which is made up in 45% of percentage change of the mWIG40 Medium Companies Warsaw Stock Exchange Index, in 45% from percentage change of the sWIG80 Small Companies Warsaw Stock Exchange Index and in 10% of the WIBID6M interbank deposit interest rate from the first Valuation Day in the month, less the value of management fee charged by the Company.
For whom?
The Subfund is targeted at investors who are interested in investment products with high share of equities of small and medium companies in the portfolio, especially seeking long-term saving opportunities.
| Data | PLN | Zmiana PLN |
|---|---|---|
| 22-05-2012 | 59.02 | 0.34% |
| 21-05-2012 | 58.82 | 0.38% |
| 18-05-2012 | 58.6 | -0.32% |
| 17-05-2012 | 58.79 | -1.54% |
| 16-05-2012 | 59.71 | -0.48% |
Composition portfolio
Downloads
The full description of Millennium Funds, including a description of risk factors is contained in prospectuses and abbreviated prospectuses of individual Funds are available in branches of Bank Millennium S.A., in the seat of Millennium TFI S.A., at Stanisława Żaryna 2A in Warsaw and on the website www.millenniumtfi.pl .
Investing in mutual funds involves risk. Millennium Funds, depending on their investment policy may invest part or most of their assets in equities. The value of net assets of Millennium Funds is or may be characterised by high volatility due to the composition of investment portfolios. Millennium Funds do not guarantee attainment of investment objectives, but shall do their utmost to attain them.