Investment funds

Why choose funds in Millennium TFI

Investments are one of the most complex aspects of the financial market. They require versatile knowledge, experience, time and good decision-making skills. Investment funds make investing a whole lot simpler.

A team of Millennium TFI experts carefully selects financial instruments from all over the world, in which they decide to invest. Each decision is backed by experience, numerous calculations and financial models. Millennium TFI funds are consistently winning awards and helping thousands of Poles in making their savings grow.

Funds offer

In Millennium TFI subfunds you may choose between two types of participation units, which differ in how the handling fee is charged and what the minimum amount to be deposited is.

Investing in funds involves the risk of loss as well as the obligation to pay handling fees and income tax. The fund does not guarantee attainment of the investment target or a specific investment result. The net value of assets of the funds is highly volatile due to the composition of the investment portfolio. Securities constituting more than 35% of assets of Millennium Funds (except Millennium SFIO) may be issued, guaranteed or underwritten by the State Treasury, NBP, US Government, European Central Bank or European Investment Bank. Information about the funds including financial data and description of risk factors in provided in prospectuses and in Key Information for Investors, available together with the fund fees table may be obtained in Bank Millennium branches, in the offices of Millennium TFI S.A. and on http://www.millenniumtfi.pl

Money invested in the product is not protected by Banking Guarantee Fund.

Source: Analizy Online S.A. and Transfer Agents cooperating with the Bank.

How to start investing?

You can now buy investment funds conveniently online.

We have created a friendly and simple process, thanks to which you will learn the basics of investing, will choose products and will buy them in the comfort of your home.

  • 1 Log in to Millenet, sign the necessary documents and activate online access
  • 2 Compare and buy investment funds in Millenet internet banking system
  • 3 Review and manage your investments completely online – in the comfort of your home
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Find out how convenient and innovative it can be to use investment funds in Bank Millennium.

Invest in a branch

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Documents

Risks

Financial transactions involve risk presented in “Description of Risk Involved with Financial Instruments and Products for Private Persons in Bank Millennium S.A.", available in branches and on the Bank’s website www.bankmillennium.pl.

Investing in funds involves risk of a loss as well as the obligation to pay handling fees and income tax. The Fund does not guarantee attainment of the investment goal or a specific investment result. The net value of funds’ assets is highly volatile due to the composition of the investment portfolio. The issuer, surety or guarantor of securities, which make up more than 35% of assets of Millennium Funds (except Millennium SOIF) may be the State Treasury, NBP, US government, European Central Bank or the European Investment Bank.

  • What is an investment fund

    Investment Fund – is an entity with legal personality operating under the Act of 27 May 2004 on investment funds and management of alternative investment funds. An investment fund’s sole operation consists in investing monies collected publicly or privately in securities, money market instruments, and other property rights stipulated in the Act.

    In exchange for money deposited in the fund, the investors receive participation units. Their amount reflects the proportional share of a participant in the investment fund’s assets. With a pre-defined frequency the investment funds determines the value of participation units i.e. calculates fund assets net value per participation unit. For this purpose the fund valuates the investment portfolio and then divides the amount by the number of participation units due to all participants. The value of a participation unit may change during each valuation day.


  • The following risks are involved with an investment in investment funds

     

    • Sector risk,
    • Credit risk,
    • Risk of short-term price changes,
    • FX risk,
    • Risk of non-admission of the issuer’s securities to trading on the regulated market,
    • Liquidity risk,
    • Tax risk,
    • Legal risk,
    • Settlement risk,
    • Market risk,
    • Interest rate risk,
    • Loss-of-capital risk,
    • Risk involved with concentration of assets or markets,
    • Amount of fees,
    • Product complexity.

     

    Prior to making an investment the information about funds should be read, including financial data and description of risk factors, which are contained in Prospectuses and in Key Information for Investors (KII), available together with the Funds’ fees table in Bank Millennium branches, in the offices of Millennium TFI SA as well as online at www.millenniumtfi.pl.

    Conclusion by the customer of transactions involving financial instruments is the basis for consideration that the customer has read the terms and conditions of the transaction as well as the related risk and has accepted them.


  • Information about BFG protection

    Monies invested in investment funds are not protected by the Banking Guarantee Fund, in keeping with the Act of 10 June 2016 on Banking Guarantee Fund, system of protection of deposits and compulsory restructuring.


  • Other important information

    All and any information contained in this commercial publicationis for information purposes only and does not constitute an offer, or a recommendation or an invitation addressed to anyone (or any group of persons whatsoever) to conclude a transaction involving the financial instruments presented herein. In particular the information contained in this publication does not constitute an offer in the meaning of the Civil Code of 23 April 1964 nor is it a service of investment, financial, tax, legal or any other advice. Any investment decision should be taken on the basis of information contained in Prospectuses and in Key Information for Investors (KII), not on the basis of the abbreviated description contained herein.

    Dissemination, distribution and trading of some financial products may be subject to restrictions with respect to certain persons and countries, in keeping with relevant legislation. It is for the customer to demonstrate legal capacity and authority to invest in the financial instrument. Offering and trading of financial instruments may be done only in compliance with relevant legal regulations.

    Information contained in this publication shall be made available to the recipient on an exclusive basis. The recipient is not authorised to copy or send and make the information available in whole or in part in any other way to third parties (except its sending to professional advisors) without the Bank’s prior written consent.


MiFID

Markets in Financial Instruments Directive

What is MiFID?

Look here to find basic information about MiFID.

Client classification

Read about Client classification rules and the Bank's obligations.

Appropriateness assessment

We will check, which financial instruments and products and investment services are appropriate for you.

Risk description

Read about the nature of financial instruments and products and related risks.

Conflict of interests

We operate in a reliable way and in the Clients' best interest.

Documents

Look here for all documents about MiFID in Bank Millennium.