Investment funds in the crosshairs of the military industry – the Republic

A week ago, in the pages of “Rzeczpospolita” Paul Salad, Chairman of the Board of PZU Life, said that the fee for funds around the world are falling, and this trend will also reach Poland, so that the CTP should be ready for him. MS TFI belonging to the Polish Group of Fittings goes a step further and promises that the fee for the management of its funds will be 0.6 percent. not only in the context of the working capital (0.6 percent. this is the limit of the Board), but the funds of no retirement package. This is significantly below the market standard, is now from 1 to 5 percent. MS TFI puts, however, the condition – it is important that the state program of construction of capital credited to the market the amount of 12- 20 billion a year. Still MS TFI is not ruled by money market funds, focusing on private funds investing in yards or property. However, a week ago began the work of the IPU Product FIO with a dedicated subfunduszami: stocks, Bonds and Płynnościowym. Low rates should be the main advantage of the MS TFI. – For this reason, our activities will focus on the proposal for organizations, especially state – predicts Leszek Province, Vice-President MS TFI. With private clients it is also completely give up – we will sign agreements with distributors, but we understand that not competing aggressive commissions płaconymi sellers, is not likely to become a TFI of first choice for financial advisers – does not hide the Province. The money market funds MS TFI will manage a consultant in investment banks Waldemar Gębuś and Dariusz Kowalski. MS TFI experts positively assess the prospects of investment, particularly in shares of publicly traded securities of banks and energy companies. < /p>