Target Investor Profile:
The Fund aims to provide to stock market investors a higher yielding by taking advantage of the long-term growth potential of Turkish economy.
Investment Objective and Principle Strategies:
The Fund aims to outperform XU030 index with lower volatility through a combination of asset allocation and stock picking strategies.
The Fund mainly invests in Turkish equities and futures.
BIST 30 Index
1.75% p.a. (charged daily to the Fund’s NAV). There are no other fees of any other kind such as entry or exit charges.
Subscription and Redemption Frequency:
Subscription and Redemption Notice Period:
Cut-off time is 13:30 (local time); subsscription requests before 13:30 are executed from the same day closing price and subscribed to the Fund the day after (T+1) whereas redemption requests are executed two business day after (T+2).
Finans Yatırım Menkul Değerler A.Ş.
Capital Markets Board (CMB)
Mutual fund gains are subject to a withholding tax (at redemption) of 10% for real persons and 0% for legal entities, while the tax rate for time deposits is 15% for both real persons and legal entities.