PKO Umbrella is a modern fund which enables investors to choose the optimum investment strategy adjusted to current market conditions and their own needs. It is composed of four varied subfunds, so that all customers may compose an investment portfolio tailored to their individual needs, allowing for the projected investment horizon, risk appetite and expected rates of return. PKO Umbrella offers even more efficient tools to accumulate capital, as relocation of cash between the subfunds is possible without the capital gain tax, regardless of the frequency of such relocations. The tax is paid only on total gains, after the cash is withdrawn from the Fund.
PKO Umbrella is directed at investors who appreciate the possibility of active participation in the structuring of their investment portfolio while wishing to invest in line with current trends and optimise their tax burdens. Within the scope of the single PKO Umbrella fund there are four subfunds with distinct investment policies and varied risk profiles:
PKO Umbrella - Open-end Fund is addressed to investors who:
*) pursuant to Article 17 sec. 1c of the Polish Personal Income Tax Act no revenue on account of redeeming participation units of a subfund belonging to an investment fund with separate funds is recognized, if the subfund’s participation units are converted to participation units of another subfund under the same investment fund
Handling fee discounts are granted on the basis of the total value of investments accumulated by the participant in all PKO funds.
