Stable Growth Subfund

Basic information

• Launch date: 04.02.2004
• Managed by: Millennium TFI
• The Subfund’s assets as at 30.06.2010: 358 452 255,95 PLN
• Minimum first payment: 500 PLN
• Next payment: 500 PLN
  - under PSO (single subfund plan): PLN 100
  - under PSO (multi-subfund plan – payment to one subfund): PLN 50
  - under IKE: PLN 100
• Transfer agent: ProService Agent Transferowy
• Depository: Bank Millennium S.A
• The Fund’s acquisitions account 86 1160 2202 0000 0000 4151 0018

Investment policy

The Subfund invests assets in debt securities issued by the State Treasury and other issuers with high creditworthiness and equities of companies with a good financial standing. Not less than 55% of assets are invested in debt securities while the remaining money up to 40% assets are invested in equities, where not less than 10% in equities of companies comprising the WIG20 index, including open positions with WIG20 forwards. The Subfund invests not more than 60% assets in securities and other instruments issued by businesses and local authorities as well as in covered bonds of mortgage banks with high creditworthiness.

Benchmark

The benchmark for assessing how effective the investment in participation units is, is an index, which is made up in 30% from percentage change of WIG Warsaw Stock Exchange Index, in 50% from percentage change of Citigroup Poland Government Bond Index All Maturities Local Terms and in 20% 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, in which bonds have a much higher share than equities, especially investors interested in medium or long-term savings.

Portfolio

Current value

Date	PLN	change
17.05.12	125.73	-0.91%
16.05.12	126.88	0.12%
15.05.12	126.73	-0.37%
14.05.12	127.20	-0.74%
11.05.12	128.15	-0.12%
	more