PKO U.S. Equity (USD) is a passively managed equity subfund that pursues its investment objective by seeking to achieve a rate of return as close as possible to that of the S&P 500 Net Total Return USD index, while not replicating the composition of that index. The subfund provides exposure to the US equity market. Units are valued in US dollars, which means that both payments into the subfund’s account and redemption payments are made exclusively in this currency. Transfers from this subfund are possible only to the PKO U.S. Bonds (USD) subfund, which is denominated in the same currency.
Additional information
The tax base for capital gains tax on investments in subfunds denominated in foreign currencies is determined in Polish zloty using the relevant average exchange rates of the National Bank of Poland. It should be noted that, as a consequence, the amount of tax due expressed in Polish zloty also depends on changes in exchange rates.
Investing involves risk. Please read KID and the Fund's Prospectus before making an investment. The historical performance presented is not a guarantee for similar investment results in the future. The full content of the legal note.