Balanced Subfund

Basic information

• Launch date: 02.01.2002
• Managed by: Millennium TFI
• The Subfund’s assets as at 30.06.2010: 699 792 083,88 PLN
• Minimum first payment: 500 PLN
• Transfer agent: ProService Agent Transferowy
• Depository: Bank Millennium S.A.
• The Fund’s acquisitions account 97 1160 2202 0000 0000 6085 6567

Investment policy

The Subfund invests assets first of all in equities and fixed-income securities. Equities account for 30% to 70% of the Subfund’s assets, where not less than 20% assets are invested in equities of companies comprising the WIG20 index, including open positions with WIG20 forwards. The remaining money is invested in financial instruments other than equities, in particular debt securities issued by the State Treasury and other issuers with high creditworthiness. The Subfund invests mainly on the Polish market and to a limited extent can acquire equities of companies listed on foreign stock exchanges.

Benchmark

The benchmark for assessing how effective the investment in participation units is, is an index, which is made up in 50% from percentage change of WIG Warsaw Stock Exchange Index, in 35% from percentage change of Citigroup Poland Government Bond Index All Maturities Local Terms and in 15% of the WIBID6M interbank deposit interest rate from the first Valuation Day in the month, less the value of management fee charged by the Company.

For whom?

The Subfund is targeted at investors interested in investment products with a strong share of equities in the portfolio, especially looking for medium or long-term saving.

Portfolio

Current value