Absolute Return Subfund
In line with the absolute return strategy, the Subfund invests in multiple asset classes on equity, bond, forex and money markets, as well as in derivatives and foreign investment funds. The Subfund’s assets may be invested on foreign markets with foreign exchange risk hedged to PLN.
The Subfund’s rates of return should not be correlated with changes in the value of stock indices.
Investment in the Subfund offers the opportunity to obtain an attractive rate of return at high risk of capital loss. The Subfund is addressed to investors who accept high investment risk, who have long investment horizon, who want to allocate the surplus to the fund with return potential during both bull and bear market, and who seek diversification of the portfolio through investing in a vast spectrum of instruments. Investment horizon should be at least 3 years.
Level of risk
Potentially lower return
Potentially higher return
CURRENT VALUATION Unit class A and B(As of: 2019-05-23)
Rate of return for a selected period
|Participation unit value|
Rates of return in PLN:
Rates of return in EUR:
Rates of return in USD:
|Subfund’s assets as of 2018-12-28:||50 068 884 PLN|
|Minimum first payment amount:||category A 100 PLN category B 2 000 PLN|
|Subsequent payment amount:||category A 100 PLN category B 1 000 PLN|
|Transfer agent:||ProService Finteco Sp. z o. o.|
|Depositary:||Bank Millennium S.A.|
Asset structure: (As of: 2018-11-30)
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.