QUERCUS Global Balanced | Quercus TFI S.A.

QUERCUS Global Balanced

Compare with

on the day 11/07/2024

NAV / NAV per CI

159.64 PLN

Rate of return

1 day -0.64%
1 month 0.96%
3 months 3.97%
6 months 11.62%
YTD 11.97%
1 year 22.88%
3 years 4.67%
5 years 19.40%
From the inception on
Fund valuation historyAll funds valuation history

Fund/sub-fund parameters

Inception date
Fund managers
Piotr Miliński
Konrad Konefał
Subfund type
absolute return, global
Equity allocation
Management fee
2.0% + 20% of profit (High Water Mark)
Maximum distribution fee
Initial subscription level
1.000 PLN
Risk/reward profile
Fund description

A global absolute return strategy. The subfund with the tactical asset allocation and a global investment scope, featuring a moderate risk level. The subfund is intended for investors accepting relatively high risk related to investments in Equity Instruments. The subfund’s objective is to achieve positive returns in the medium-term perspective (min. 2 years). This subfund, the Company, or any other third party, however, does not guarantee the achievement of the above mentioned goal.

The subfund features the absence of strict allocation limits among asset classes and the possible variation of the types of investments held in the portfolio.

High flexibility allows for quick adjustment of the asset allocation to the current market conditions. The use of assets with a negative correlation to the stocks enables relative stabilization of results and reduction of losses in conditions of increased volatility on the markets.

This subfund has no benchmark.

The subfund's performance fee calculation uses the High Water Mark model for the entire history of the subfund (HWM-alltime). This means that a Performance Fee can only be charged if a particpation unit has reached new maximum value. The performance fee is 20% of the increase above the maximum level. It is not possible to charge for the results (crystallization) in the case of a nominal loss. The crystallization frequency is daily.

The Subfund Global Balanced (QUERCUS Global Balanced) hereinafter referred as the subfund described in this document is the subfund of the QUERCUS Parasolowy SFIO umbrella fund. Information concerning QUERCUS Parasolowy SFIO and its subfunds, including detailed descriptions of investment policy, risk factors, are provided in the Prospectus and Key Investor Information Document available at the Quercus TFI S.A. office and at its website: www.quercustfi.pl. Neither Quercus TFI S.A. nor QUERCUS Parasolowy SFIO shall guarantee the achievement of expected investment targets or the gaining of specified investment results described in this document. Clients of QUERCUS Parasolowy SFIO should consider the capital  venture risks of some invested financial sources. The net asset value of the subfund, may fluctuate considerably owing to the fact of investing the assets of the subfunds in shares and derivative instruments. QUERCUS Parasolowy SFIO can invest over 35% of the asset value in securities which are issued or guaranteed by the Polish State Treasury or the National Bank of Poland. Presented investment performance is calculated for the A class of the subfund’s participation units for the given period of time. Neither Capital Gains Tax nor fees related to purchasing the subfund’s units have been included in the above mentioned results. Indicated rates of return should be treated as a historical data only and shall not  uarantee similar results in the future. Individual rate of return depends on the date of purchasing and selling subfund’s units, given fees and Capital Gains Tax. The value of the subfund’s units and fee schedule is available at www.quercustfi.pl. This material is a promotional only and is neither intended as an offer nor recommendation to buy or sell any financial instrument. Data and information above provided should not be treated as an investment advice or any other type of advice especially, legal advice. It is necessary read the Prospectus and Key Investor Information Document before purchasing the subfund’s units. Quercus TFI S.A. has a business license issued by the Polish Financial Supervision Authority (Komisja Nadzoru Finansowego), which is the supervisory authority for Quercus TFI S.A. This document has been written in Polish and English language versions, in two identical copies. In event of any discrepancies, the Polish version shall prevail.