Distributor

INFORMATION

REGARDING PEKAO FINANCIAL SERVICES SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ (LIMITED LIABILITY COMPANY)
AS A DISTRIBUTOR OF INVESTMENT FUNDS PARTICIPATION UNITS

 

Pekao Financial Services Spółka z ograniczoną odpowiedzialnością (limited liability company) with registered office in Warsaw, hereinafter referred to as „Pekao FS”, distributes units and shares of investment funds managed by following investment fund companies:

  • Pekao TFI S.A.
  • Generali Investments CEE Investiční Společnost a.s.

 

Permit

Third-party distribution of participation units and shares is conducted on the basis of permit No. DFN1-4051-167/01 issued by the Securities and Exchange Commission on November 20, 2001.

 

Channels of Client’s communication with Pekao FS

1) regarding investment funds managed by Pekao TFI S.A.:

  • by correspondence and personally at the Pekao FS’s address: Postępu 21, 02-676 Warszawa,
  • via telephone: 801 641 641, (+48 22) 640 40 40, (+48 22) 640 48 40,
  • via fax: (+48 22) 640 48 15,

2) regarding investment funds managed by Generali Investments CEE Investiční Společnost a.s.:

  • by correspondence and personally at the Pekao FS’s address: Postępu 21, 02-676 Warszawa,
  • via telephone: (+48 22) 640 09 84.
  • via e-mail: generaliinvestcee@pekao-fs.com.pl 

Conveying of orders placed by Clients

1) regarding investment funds managed by Pekao TFI S.A.:

  • personally at the Pekao FS’s seat address: ul. Postępu 21, 02-676 Warszawa,
  • via telephone: 801 641 641, (+48 22) 640 40 40, (+48 22) 640 48 40 in the framework of TeleFunduszePekao System,
  • via fax number: (+48 22) 640 48 15 (in regard to Employee Savings Plan and Housing Plan)
  • via Internet through eFunduszePekao Service (https://eFunduszePekao.pekao-fs.com.pl);

Any specific information relating to acceptance of orders by Pekao FS is included in information prospectuses of investment funds, available on www.pekaotfi.pl, in the „Dokumenty funduszy” tab..

2) regarding investment funds managed by Generali Investments CEE Investiční Společnost a.s.:

  • Personally at the Pekao FS’s seat address – ul. Postępu 21, 02-676 Warszawa: participation shares sale orders, termination of investment fund participation agreement, statements of tax residence.

 

Basic scope of services

– collecting Clients’ orders and other statements of intent related to participation in investment funds, including those placed by telephone, fax, mail and communication system via Internet,

– conveying orders placed by Clients, including Client order information in the form of electronic files, to the entity keeping the register of investment fund participants,

– handling complaints filed by Clients related to the conducted business.

 

Complaints

Complaints made by Clients in relation to the activities of Pekao FS may be lodged by correspondence at the Pekao FS’s address:  ul. Postępu 21, 02-676 Warszawa and:

1) regarding investment funds managed by Pekao TFI S.A.:

  • personally at the Pekao FS’s seat address: ul. Postępu 21, 02-676 Warszawa
  • via telephone: 801 641 641, (+48 22) 640 40 40, fax: (+48 22) 640 48 15

2) regarding investment funds managed by Generali Investments CEE Investiční Společnost a.s.:

 

Replies to complaints are issued within 30 days of the day they are received, with the exception of particularly complex matters, in the case of which the waiting period may be longer, over which the Client will be informed.

 

Conflict of interest

Pekao FS has implemented and applies a policy aimed at preventing conflicts of interest.

The above regulations indicate the methods of prevention and methods of managing  conflicts of interest, understood as circumstances that Pekao FS is aware of, that may lead to a conflict between the interest of Pekao FS or person related to it and Pekao FS obligation to act in reliable manner having regard to the best interests of the client, and also  circumstances known to Pekao FS that may lead to a conflict between the interests of Pekao FS’s clients.

In circumstances where Pekao FS’s organization or internal regulations fail to ensure non-infringement of the Client’s interests in instances when conflict of interest does arise, information about the existing conflict will be disclosed to the Client prior to accepting his/her order.

 Detailed information is available upon Client’s request.

 

Expenses and fees, inducements

The Client incurs expenses related to participation unit or shares transactions – handling fee, redemption fee and management fee – to the amount indicated: by Pekao TFI S.A. in information prospectuses and in Key Investor Information of particular investment funds; by Generali  Investments CEE Investiční Společnost a.s. in information prospectuses, price-list and Key Investor Information.

Income tax is collected on earnings generated by participation in investment funds.

The foreign fund is subject to the tax regulations of the Republic of Ireland. This may affect the individual tax situation of the investor.

Pekao FS may receive distribution fees paid by investors in connection with the placed orders related to participation in investment funds.

Pekao FS accepts benefits (inducements paid by investment fund company) related to the conducted distribution, aimed at improving the quality of service provided to the investors. Receiving such benefits does not affect negatively Pekao FS acting in a reliable, professional manner, in accordance with the principles of fair trading and in accordance with the best interests of investors. Information about accepting such benefits, including their essence and amount, is passed on to the clients in a reliable, accurate and understandable way before the start of the service.

Additionally, you can find below the adequacy test prepared in cooperation of Chamber of Fund and Asset Managers (IZFiA), on the basis of which Pekao FS testes and assesses whether the investment in the fund is suitable for the Client.

 

Warning!

Filling out the form below is not tantamount with making by Pekao FS assessing whether an investment in the fund is suitable for the Client, so the result should be considered only in terms of information.

Principles for the test evaluation are placed at the end.

pdf Adequacy Test