Target Investor Profile:

Ünlü First Variable Fund is targeting investors with a balanced risk profile and providing them the opportunity to invest in a multi-asset environment.

Investment Objective and Principle Strategies:

SUA is a multi asset fund, suitable for investors who can bear a certain amount of risk in order to maximize middle-to-long horizon returns.

Fund management adopts an absolute return strategy in order to generate risk-adjusted returns that beat the deposit rate.

The fund primarily concentrates on Turkish assets and aims to generate stable return under all market conditions, with a mid to long term investment perspective.

The Fund is subject to limitations for risk management purposes but offers the Fund Manager flexibility in term of asset allocation.

Benchmark:

BIST-KYD 1 M Deposit

Management Fee:

1,79 per annum (charged daily to the Fund’s NAV). There are no other fees of any kind such as entry or exit charges.

Subscription and Redemption Frequency:

Daily

Subscription and Redemption Notice Period:

Subscription: Requests made before 13:30 will be executed on the same day closing price and subscribed to the fund a day after.

Requests made after 13:30 will be executed from on the same day closing price and subscribed to the fund 2 days after.

Exit: Requests made before 13:30 will be executed on the same day closing price and subscribed to the fund 2 days after.

Lock-up period:

None.

Custodian:

Türkiye İş Bankası A.Ş

Regulator:

Capital Markets Board

Taxation:

Mutual fund gains are subject to withholding tax 10% (at redemtion)