Bank Millennium : New Program Inwestycyjny Przyszłość+ investment programme in Bank Millennium

Bank Millennium and Millennium TFI have launched the new Program Inwestycyjny Przyszłość + regular savings programme. Customers using the programme will not pay a fee for its opening and maintenance, nor will the incur costs of purchasing participation units.

Millennium TFI Program Inwestycyjny Przyszłość + is a proposal for anyone who wants to regularly save even small amounts and to invest the accumulated money on local, European and global capital markets. The programme is based on participation units of six sub-funds under the Millennium SFIO umbrella fund, whereas the money must be split between at least two sub-funds. Customers do not for setting-up and maintaining the programme and they also will not pay for acquisition of participation units. The investment strategy may be changed any number of times without fees for reallocation of money.

- We are facing head-on the needs of customers who want to take care of their future and of their children, of their future needs involved e.g. with education or purchase of a home. We convince people that best results are had by saving long term and the amount of accumulated capital is hugely affected by saving duration and regularity. This is why it is so important to invest even small amounts but over a long period of time. The advantage of our programme is that it provides flexible access to the money - some of the money may be withdrawn at a convenient moment, without the need to close the account. - Tomasz Misiak, Director of Retail Banking Marketing Department in Bank Millennium.

The terms and conditions of managing Program Przyszłość + are highly flexible. The duration of the programme is decided on a case-by-case basis between 5 and 18 years. The minimum sum of annual investments is merely PLN 1,200; however an individual deposit may not be lower than PLN 100. You as the Customer do not declare the frequency of deposits, deciding about it on a case-by-case basis, depending on needs and financial capabilities. If you want to withdraw part of the money, the first redemption of units up to 10% of the value of invested assets in the first five years is free of charge, with a fee of 1% of the value of redeemed assets for every subsequent redemption in this period. After five years no redemption fees are charged.

More information about the programme as well as risks involved with investing is available on the bank's website www.bankmillennium.pl and from Millennium TFI www.millenniumtfi.pl.

Investing in funds involves the risk of loss as well as the obligation to pay handling fees and income tax. The fund does not guarantee attainment of the investment target or a specific investment result. The net value of assets of the funds is highly volatile due to the composition of the investment portfolio.

Description of risks involved with investing in individual Millennium SFIO Sub-funds available in Program Inwestycyjny Przyszłość+, is provided in Key Information for Investors and in the Prospectus of Millennium SFIO. Terms and conditions of participation in Program Inwestycyjny Przyszłość+, including information about related fees, are stipulated in the Program Inwestycyjny Przyszłość+ Regulations. The a/m documents are available in branches of Bank Millennium, on the Bank's website www.bankmillennium.pl and on the website of Towarzystwo Millennium TFI S.A. www.millenniumtfi.pl.

An investment in mutual funds is not protected by the Banking Guarantee Fund, in accordance with the Act of 10 June 2016 on Banking Guarantee Fund, system of protection of deposits and compulsory restructuring.