Legal notes

All data accessible on the web page of PKO TFI SA is of an informational & advertising nature and does not constitute any offer as defined by the Civil Code of 23 April 1964 nor any financial, legal or tax consulting service and should not be understood as a recommendation relating to financial instruments or their issuers.

PKO TFI SA has made all reasonable efforts for information to be accurate and based on reliable sources, but does not guarantee its correctness, completeness and timeliness. Unless otherwise indicated in the contents of the material, the source of the data is own calculations of PKO TFI SA. The contents and layout of the web page may be changed at any time without notice.

Risk associated with the use of the information made available herein, in particular with respect to investment decisions, is borne solely by the user.

The performance of open-ended investments funds managed by PKO TFI SA presented on the web page are based on historical data and do not constitute any guarantee of achievement of identical results in the future. There are administration fees charged on contributions to the fund or on the redemption of units/investment certificates. The amount of such fees and the manner in which they are charged is set out in the schedules of fees.

Current quotations of units are updated on the web site immediately after the funds perform valuation of their assets.

The funds do not guarantee achievement of the assumed investment objective nor any specific investment performance. The possibility of loss of at least a part of funds paid in should be taken into account. A detailed description of risk factors may be found respectively in the information prospectus, in the prospectus, in the informational memorandum or in the terms of issue. These documents are available respectively on the website www.pkotfi.pl, on the premises of PKO TFI SA or on the premises of the distributors, a list of which can be obtained by calling the informational hotline at 0 801 32 32 80. Additionally, the annual and semi-annual financial statements of the funds are published on the website www.pkotfi.pl.

The funds may invest over 35% of the value of assets of the fund/subfund in securities issued by the State Treasury, the National Bank of Poland, a local self-government institution, a member state of the European Union, a local self-government institution of a Member State, a Member State of the OECD or an international financial institution of which the Republic of Poland is a member or at least one member state.

Depending on the investment policy adopted by the investment fund, the funds may invest the majority of assets in other categories of investments than securities or money market instruments. Moreover, due to composition of the investment portfolio of the fund or due to the applied techniques of portfolio management, the investment funds’ net asset value may be characterised by high volatility.

PKO TFI SA shall bear no liability for errors or deficiencies arising due to technical reasons, including as a result of modification of these contents by means of teletransmission in the contents of the prospectus, the financial statements of the funds as well as the unit quotations accessible herein.

Before undertaking to purchase investment units, potential investors should acquaint themselves with the contents of the prospectus, including the statute, of the respective PKO TFI investment fund. Prospectuses of PKO TFI funds are available here as well as on the premises of the distributors.

Copyright relating to visualisation and contents of the website www.pkotfi.pl are the property of PKO TFI SA.

The Polish Financial Supervision Authority is the body exercising supervision over PKO TFI SA and the funds.

The Company is entered in the register of entrepreneurs maintained by the registry court for Warsaw, 13th Commercial Division of the National Court Register, under number 0000019384. Share capital: PLN 18,000,000.00, Tax Identification Number (NIP): 526-17-88-449.

Any additional information shall be provided upon individual request.