Program Inwestycyjny Millennium available online

Running and using the Programme requires just a few simple steps. Clients can see the programme before opening it, fill-out or update the investment questionnaire online (now also in the mobile app) and sign the master agreement with the Bank (this is a must to take advantage of the offering). Next the client may choose one of the available investment plans. All formalities involved with setting up the programme will be handled online. Additionally clients can easily set-up a standing order to make payments regularly, to set-up several programmes and give them special names.

-We are expanding the opportunities for clients looking for new ways to invest their savings. Programme Investment Millennium is our first investment product available in mobile banking. In keeping with our standards we have designed the process to make it friendly for all users, especially for people who are only starting to invest, and their number is growing. The programme may be opened and operated i.a. in the mobile app, a standing order may be defined; on top of that the process is intuitive and programme structure is transparent. All of that makes the solution most convenient for the client, facilitating entering and navigating the world of investments. This is another process, to-date available in branches only, which we have moved to our offering available online - Halina Karpińska, Director of the Electronic Banking Department in Bank Millennium, said.

- With low interest rates, clients increasingly often reach-out for investment products. We want to make it as easy for them as possible in e-banking. Program Inwestycyjny Millennium is a solution for experienced as well as beginner investors. Anyone can decide how often and how much they will invest in the strategy of their choice, all in the comfort of their home -Robert Chorzępa, Head of Investment Products and Processes Sub-unit in Bank Millennium, said.

In the Programme the client may choose one of three available model plans based on Millennium TFI mutual funds, which differ from each other in terms of level of risk and amount of potential yield. The minimum amount needed to start investing is PLN 200; the client pays no fees for opening, depositing and running the Programme. Money invested in the Programme is available to the client at any time and in any amount; it is not necessary to define the duration of the investment. Detailed rules of the Programme and information about fees are available on www.bankmillennium.pl

Clients can choose among three investment strategies:

- Plan Stabilny (stable plan) - created for people who want to generate a potential yield slightly above a standard term deposit, with relatively low risk. Subfunds selected for the plan are those, which invest mainly in debt securities (i.a. treasury and corporate bonds). Subfunds in Plan Stabilny involve the lowest level of investment risk.

- Plan Umiarkowany (moderate plan) - created with a view to people who expect potential steady long-term growth of the value of their investment and accept higher risk than in Plan Stabilny. Subfunds selected for the plan are those, which invest in debt securities (i.a. treasury and corporate bonds), shares of large and smaller companies as well as participation titles in foreign funds. Subfunds in Plan Umiarkowany involve a diversified level of investment risk.

- Plan Dynamiczny (dynamic plan) - created with a view to people who expect potentially high long-term yield on their investment and accept strong fluctuation of value of the investment. Subfunds selected for the plan are those, which invest in shares of large and smaller companies as well as participation titles in foreign funds. Subfunds in Plan Dynamiczny involve a high level of risk.

Millennium TFI subfunds available in the plans invest their assets in capital market instruments such as shares of Polish or global companies as well as treasury or corporate bonds. Their proper combination in the plans satisfies the full spectrum of needs in terms of expected rate of return and accepted level of investment risk and also provides the opportunity to diversify by means of investing in various markets.

More information: https://www.bankmillennium.pl/klienci-indywidualni/oszczednosci-i-inwestycje/program-inwestycyjny-millennium

All and any information contained in this material is for information purposes only and does not constitute an offer in the meaning of the Civil Code of 23 April 1964, 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 does not constitute investment, financial, tax, legal or any other advice. Any investment decision should be taken on the basis of information contained in prospectuses as well as Key Investor Information (KII), not on the basis of the description provided herein.

Financial transactions involve risk, presented in detail in the “Description of Risk Involved with Financial Instruments and Products for Individuals in Bank Millennium S.A.”, available in the Bank’s branches and on its 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 funds do not guarantee attainment of the investment aim or a specific investment result. The value of net assets of Millennium funds is or may be highly volatile due to the composition of the investment portfolio. The issuer, suretor or underwriter of securities constituting above 35% of the assets of Millennium Funds (except Millennium SFIO) may be the State Treasury, NBP, the US Government, European Central Bank or the European Investment Bank.

Before making an investment you should carefully read information about funds, including financial data and description of risk factors, which are contained in prospectuses and in Key Investor Information (KII), available together with funds’ fees table in Bank Millennium branches, in the registered office of Millennium TFI SA and on www.bankmillennium.pl.

Dissemination and distribution of certain financial instruments or products as well as trading in them may be subject to restrictions with respect to certain persons and states, as per relevant legislation. Offering financial instruments and trading in them may be made only in compliance with relevant legal regulations.

Money invested in Program Inwestycyjny Millennium is not protected by Bank Guarantee Fund in keeping with Act on the Bank Guarantee Fund, Deposit Guarantee Scheme and Resolution of 10 June 2016.