Program Inwestycyjny Przyszłość +

About the investment programme

Program Inwestycyjny Przyszłość + is an innovative financial solution for all people who want to secure the best possible future for themselves and their family. The Investment Programme permits saving regularly and investing the accumulated money on global capital markets.

  • The prospect of generating a yield on stock market investments in shares, bond and money market instruments thanks to the attractive offer of Millennium SFIO.
  • A choice of 6 Subfunds of Millennium TFI, with diverse investment strategies.
  • No fees for opening, maintaining the investment programme as well as purchase of Millennium SFIO participation units. 
  • The Programme may be opened for a child.
  • Duration of the investment defined on a case-by-case basis from 5 to 18 years. 
  • Flexibility of deposits – the investment can be started with only PLN 100, with the minimum sum of deposits during a year of PLN 1.200.
  • Investment Programme comprising at least two Subfunds, the share of which may be changed any number of times.
  • Permanent access to the invested money – part of the money may be withdrawn at a convenient time without the need to close the programme.
  • Investing regularly – a standing order may be set up so that you don’t have to remember about making deposits.
  • B-category participation units are available in Program Inwestycyjny Przyszłość +.


Millennium TFI funds


  • PLN 0 for opening the Programme
  • PLN 0 for maintenance of the Programme
  • PLN 0 for purchase of participation units in the Subfunds

Fees charged for redemptions

  During first 5 years from start date After 5 years from start date
First redemption from the Programme constituting no more than 10% of accumulated assets PLN 0 PLN 0
First redemption from the Programme constituting more than 10% of accumulated assets 1%
Every next redemption, irrespective of value


How to open

In our branches

Choose the nearest branch


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

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 SFIO) may be the State Treasury, NBP, US government, European Central Bank or the European Investment Bank.

  • What is a mutual fund

    Mutual Fund – is an entity with legal personality operating under the Act of 27 May 2004 on mutual funds. A mutual fund’s sole business is to invest monies collected publicly or privately in securities and other property rights stipulated in the Act.

    In exchange for money paid into the fund the investors receive participation units. Their number reflects the proportional share of a participant in the mutual fund’s assets. With a pre-defined frequency the mutual 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.

  • Following risks are involved with an investment in mutual 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

    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

    An investment in Program Inwestycyjny Przyszłość + is not protected by Bank Guarantee Fund, in keeping with the Act on Bank Guarantee Fund, Deposit Guarantee Scheme and Resolution dated 10 June 2016.

  • Other important information

    All and any information contained in this COMMERCIAL PUBLICATION is 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 23rd 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.


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 investment products and 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.


Look here for all documents about MiFID in Bank Millennium.