The Subfund will largely invest in participation titles of foreign funds (over 70%), with the better part of that being allocated to debt funds (above 50% of assets). The Subfund may also invest in shares (not more than 20%), as well as bonds, money market instruments and covered bonds of mortgage banks (not more than 20% in total). The subfund aims to generate higher rates of return than in case of bond and money market funds, at the same time maintaining a moderate risk level.
Manages: Millennium Specialized Open Investment Fund Global Stable Growth Subfund, Millennium Specialized Open Investment Fund Global Equity Subfund, Millennium Specialized Open Investment Fund Global Alternatives Subfund, Millennium Premium Dividend CIF.
Graduate of the Warsaw School of Economics, Department of Finance and Banking (specialization in Investment Banking). His career on the capital market had begun in 2007, when he was employed in Kredyt Bank as a Treasury Products Specialist and Credit Risks Coordinator. From 2008 to 2015, he worked in Raiffeisen Bank Polska SA.. Initially in Financial Markets Department as FX Corporate Dealer and as an Investment Products Specialist afterwards. Finally he obtained the position of Portfolio Manager in Friedrich Wilhelm Raiffeisen (the brand name of the Private Banking Department), where he was responsible for investment advisory service for almost 4 years. Marcin Wiński has been working in Millennium TFI as an Asset Manager of global funds.
Manages: Millennium Specialized Open Investment Fund Global Stable Growth Subfund, Millennium Specialized Open Investment Fund Global Equity Subfund, Millennium Specialized Open Investment Fund Global Alternatives Subfund, Millennium Dividend CIF.
Graduate of Warsaw School of Economics, department of Finance and Accounting. In 2013 he obtained an investment advisor license (license no. 465). From March 2010 to February 2014 he worked as a senior fund accounting analyst in Citigroup. From April 2014 to November 2014 he worked as an investment advisor in Inventum TFI. Since February 2016 he has been working at Millennium TFI as an investment fund analyst.
|Participation unit value|
|Subfund’s assets as of 2017-12-29:||18 776 397,31 PLN|
|Minimum first payment amount:||category A 500 PLN category B 2 000 PLN|
|Subsequent payment amount:||category A 500 PLN category B 1 000 PLN|
|Transfer agent:||ProService Agent Transferowy|
|Depositary:||Bank Millennium S.A.|
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.