The Millennium Specialized Open-End Investment Fund of Foreign Funds is the first Fund in Poland to provide an opportunity to invest in the best investment funds in the world. They have never been so accessible before.
The Millennium Specialist Open-End Investment Fund of Foreign Funds is a "Fund of Funds". It is comprised of subfunds with different investment strategies and different risk profiles.
BRIC Subfund – payments in EUR, PLN and USD
European Bonds Plus Subfund – payments in EUR, PLN and USD
American Bonds Plus Subfund – payments in EUR, PLN and USD
European Equity Subfund – payments in EUR, PLN and USD
American Equity Subfund – payments in EUR, PLN and USD
The Subfunds marked with EUR invest at least 50% of their assets in instruments denominated in EUR, whereas those marked with USD invest, respectively, at least 50% of their assets in instruments denominated in USD.
Experienced partners
In selecting foreign funds Millennium TFI uses analyses and recommendations of Wealth Management Specialists, experts in evaluation of foreign investment funds.
Wealth Management is a specialized unit of Millennium BCP seated in London, which analyzes and evaluates foreign investment funds operating on international markets and constructs underlying investment portfolios. WMCU uses multi-level methods and verified analytic tools.
The main criteria taken into account in the selection of funds:
investment process – understandable and economically viable
staff – stability on key management positions
results – stable and predictable given an acceptable degree of risk
above all – we seek funds with perfectly designed investment processes which repeatedly achieve outstanding investment results
The cooperation with WM allows for investment in the best foreign investment funds.
Change of the subfund free of tax.
When changing the subfund you do not pay tax on your earnings – you transfer the whole sum along with the profit to another subfund. The tax on your income is paid upon redemption of participation units.
Minimum payment
Minimum payment is EUR 100 or USD 100 or PLN 500.
>The BRIC Subfund – launched due to a change in the strategy of the USD Conservative Subfund.
Up to 100% of the BRIC Subfund's assets are invested in the participation titles of foreign funds, but the share of these funds will not be lower than 70%. The Subfund's assets are invested mainly in participation titles of foreign funds, whose investment policy assumes investing assets mainly in equities of companies whose seat or main operations are in developing countries, e.g. in Brazil, Russia, India, China. The Subfund's remaining assets may be invested in deposits with domestic banks or credit institutions with maturity no longer than one year, payable on call, or which can be withdrawn before the maturity date. It is targeted at Clients interested in investing in USD or PLN, who expect high income and at the same time accept high investment risk.
>The European Bonds Plus Subfund/American Bonds Plus Subfund – launched due to a change of the name of the EUR Stable Subfund and USD Stable Subfund.
It invests mainly in participation titles of foreign bond funds, however part of its assets, up to 30%, are invested in foreign equity funds. It is targeted at Clients who appreciate investment security and accept limited investment risk.
>European Equity Fund/American Equity Bond – launched due to a change of the name of EUR Agressive Subfund and USD Agressive Subfund.
It invests mainly (up to 90% of assets) in participation titles of foreign equity funds; the remaining assets are invested in foreign bond funds. It is targeted at Clients seeking high income with high investment risk.
| Subfund name | price | change | ||
|---|---|---|---|---|
| European Bond Plus Subfund | 27.66 | -0.11% | history | |
| European Equity Fund | 22.18 | -0.67% | history | |
| BRIC Subfund | 51.15 | -0.10% | history | |
| American Bonds Plus Subfund | 35.66 | -0.20% | history | |
| American Equity Subfund | 32.99 | -0.51% | history | |