Variable Funds


ÜNLÜ Third Variable Fund

Performance Graph

Target Investor Profile:

The fund aims to provide a higher yielding alternative to investors who have traditionally invested in the time deposits, while maintaining comparable risk and volatility characteristics.

Investment Objective and Principle Strategies:

The fund primarily concentrades on Turkish assets and aims to generate stable return with dynamic trading strategies of Turkish assets, under all market conditions in mid to long term investment perspective.

Benchmark:

BIST-KYD 1 M TL Deposit Index

Management Fee:

1.40% p.a. (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 before 13:30 executed from the same day closing price and subscribed to the fund 1 day after.

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

Exit: Requests before 13:30 executed from the same day closing price and subscribed to the fund a day after.

Lock-up period:

None.

Custodian:

Türkiye İş Bankası A.Ş.

Regulator:

Capital Markets Board (CMB)

Taxation:

Mutual fund gains are subject to a withholding tax (at redemption) of 10% for indivudials and 0% for corporate clients

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