Press news


17.05.2011

Codzienny Zysk Pakiet in Bank Millennium

Bank Millennium has introduced into its offer a new product - Codzienny Zysk Pakiet - combining benefits of term deposit with daily interest capitalisation with an investment fund.

Codzienny Zysk Pakiet (daily earning package) is a combination of a term deposit with daily interest capitalisation with a Millennium TFI investment fund. Funds invested will be divided into deposit and Millennium FIO Subfund selected from the following: Stabilnego Wzrostu (stable growth), Zrównoważony (balanced), Akcji (equities) or Dynamicznych Spółek (dynamic companies). Interest rate on the deposit part is accruing at the rate of as high as 6,48% p.a. corresponding to 8% p.a. on a traditional deposit with interest capitalisation at maturity.
Codzienny Zysk Pakiet is an interesting proposition for persons looking for attractive returns from bank deposits and, at the same time, interested in investing their resources in investment funds - says Marek Ubysz, Head of the Savings Products Sub-unit in Bank Millennium.
Depending on the level of expected earnings and the level of acceptable risk, the Customers can chose between more aggressively investing funds and funds of limited risk profile - says Mirosław Kuźmiński, Member of the Millennium TFI Management Board.
Most important information about the Codzienny Zysk Pakiet:

  • Interest rate on the deposit part amounts to 6,48% p.a. (with daily interest capitalisation), corresponding to 8% p.a. on a traditional deposit with interest capitalisation at maturity
  • Opportunity to choose investments in the following Millennium FIO Subfunds: Stabilnego Wzrostu, Zrównoważonym, Akcji and Dynamicznych Spółek
  • Available deposit terms: 3, 4 or 5 months
  • Amount allocated to deposit portion of the product - minimum 1000 PLN, maximum 12000 PLN
  • Amount of the investment portion of the product - not lower than the amount of the deposit portion
  • No fees for acquisition and conversion of participation units
  • Customer can have one deposit with a given maturity.

Codzienny Zysk Pakiet can be acquired in Bank Millennium branches located throughout Poland.