The Subfund invests mainly in debt instruments with maturities no longer than one year, or whose interest period does not exceed one year, issued mostly by the State Treasury and other entities.
Investment in the Subfund offers the opportunity to obtain a rate of return higher than the current interest rates on the money market at a relatively low risk of capital loss. Therefore, the Subfund is addressed to investors with short to medium investment horizons, who accept low investment risk. Investment horizon should be at least 2 years.
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Investing in mutual funds involves risk of loss as well as the obligation to pay fees and tax. The Fund does not guarantee the investment objective or specific investment result. The value of net assets of Millennium Funds is or may be characterised by high volatility due to the composition of investment portfolios. The issuer, the guarantor or the guarantor of securities representing more than 35% of the assets of Millennium Funds (excluding the Millennium SFIO) may be the Treasury, National Bank of Poland, the U.S. government, the European Central Bank or the European Investment Bank. The full description of Millennium Funds, including a description of risk factors is contained in prospectuses and Key Investor Information Documents of individual Funds are available in branches of Bank Millennium S.A., in the seat of Millennium TFI S.A and in the sales points.