Information about the fees and charges


Upon the purchase, redemption and conversion of Participation Units (hereinafter, PU) of Santander FIO and Santander Prestiż SFIO funds, the following fees can be charged:

Distribution fee is charged upon the execution of a purchase order. The formula for calculating the purchase price including the distribution fee per one PU is as follows:
 

Purchase price = Net Asset Value per PU / (1 – distribution fee rate).

 


Front-end fee is charged upon the execution of PU redemption orders. Its value depends on the time of holding the PUs. The formula for calculating the sale price including the front-end fee per one PU is as follows:
 

Sale price = Net Asset Value per PU x (1 – front-end fee rate).

 


Additional fee is charged upon the execution of PU conversion orders. Its value depends on the time of holding the Pus subject to conversion. The formula for calculating the sale price including the additional fee per one PU is as follows:
 

Sale price = Net Asset Value per PU x (1 – additional fee rate).
 
 

IMPORTANT

The following promotions for Funds: Santander FIO, Santander Prestiż SFIO and IKE, were established before September 7, 2018, i.e. before the change of the name of the TFI and the names of funds and sub-funds.

However, we would like to inform you that the promotions are still valid.

Information on changes or the cancellation of the promotion will be announced on the SantanderTFI.pl website.

In addition, we would like to inform you that the application names mentioned in the announcements are changing: BZWBK24 on Santander internet and Arka Online on Santander TFI Online.

Santander FIO


Promotions available in Santander FIO fund:

  • promotion involving temporary reduction by 100% of the offsetting distribution charged upon the execution of selected PU conversion orders placed for the sub-funds of Santander FIO fund with Santander Bank Polska SA (also online via the Santander internet platform) and TFI. Full announcement available on SantanderTFI.pl.
  • promotion involving temporary reduction by 100% of the additional fee charged upon the settlement of PU conversion orders for all sub-funds of the Santander FIO fund. Full announcement available on SantanderTFI.pl.
  • promotion involving temporary reduction by 100% of the distribution fee charged upon the execution of:
         - orders for the purchase of participation units placed via Santander internet,
         - direct payments (cash deposit or transfer to an individual bank account assigned to the Participant’s sub-register),
    pertaining to sub-registers opened by Santander Bank Polska S.A. or Santander TFI S.A. (regardless of the sub-register opening date and channel). Full announcement available on SantanderTFI.pl.
  • promotion consisting in periodically reducing by 100% the distribution fee, charged when executing orders to purchase participation units for sub-registers, which as at November 2, 2017 were conducted as part of the Moja Przyszłość Investment Program or the Pewny Start Dziecka special investment program. Full announcement available on SantanderTFI.pl.
  • promotion consisting of a temporary reduction of 100% of the handling fee, charged at the execution of orders to buy participation units into sub-registers, which as at November 2, 2017, were conducted as part of the Moja Przyszłość Investment Program or the Pewny Start Dziecka special investment program. Full announcement available on SantanderTFI.pl.

The information about the end of the promotion campaign shall be published on SantanderTFI.pl.

Information about performance fees:

  • information about periodic failure to collect a fee for investment results in the Santander Small and Medium Caps Equity. Full announcement available on. SantanderTFI.pl.

INDIVIDUAL PENSION ACCOUNT (IKE)


The IKE Schedule of Fees and charges includes the rates of fees charged for the execution of orders pertaining to the registers of Santander FIO sub-funds maintained under the Individual Pension Account (IKE) Agreement.

Promotions available in IKE:

  • promotion consisting in periodically reducing by 100% additional fee, calculated on the settlement of exchange orders for shares, within all sub-funds of the Santander FIO fund. Information on the cancellation of the promotion will be announced on the website SantanderTFI.pl.

The information about the end of the promotion campaign shall be published on SantanderTFI.pl.

Santander Prestiż SFIO


Promotions available in Santander Prestiż SFIO fund:

-  promotion involving temporary reduction by 100% of the additional fee charged upon the settlement of PU conversion orders for Santander Prestiż SFIO fund. The promotion has been effective since the valuation on 1 June 2015 until revoked.Full announcement.

-  promotion involving temporary reduction by 100% of the distribution fee charged upon the execution of:
     - orders for the purchase of participation units placed via Santander internet,
     - direct payments (cash deposit or transfer to an individual bank account assigned to the Participant’s sub-register),
pertaining to sub-registers opened by Santander Bank Polska S.A. or Santander TFI S.A. (regardless of the sub-register opening date and channel). Full announcement.

The information about the end of the promotion campaign shall be published on SantanderTFI.pl.

801 123 801 tfi@santander.pl