At least 80% of the total value of the Fund will be continuously invested in debt instruments and lease certificates issued by the Ministry of Treasury and Finance in foreign currency and money and capital market instruments issued by domestic issuers in foreign currency. The remaining portion of the Fund will be invested in money and capital market instruments of foreign issuers and/or money and capital market instruments denominated in Turkish Lira. The Fund’s investment strategy aims to generate returns in US Dollar (USD), to generate capital gains and to increase portfolio value by investing in other investment instruments, contracts to be entered into, financial transactions and securities deemed appropriate by the Board, primarily debt instruments and lease certificates issued by the Ministry of Treasury and Finance in foreign currency and money and capital market instruments issued by domestic issuers in foreign currency.
| Fund Code | NLD |
| Fund Name | Azimut Portföy NL-2 Free (Foreign Exchange) Special Fund |
| Umbrella Fund Type | Hedge Umbrella Fund |
| Management Fee (Yearly) | %0,2100 |
| Performance Fee | |
| Availability on TEFAS | |
| Benchmark | 100% BIST-KYD 1 Month Deposit USD Index + 200 basis points |
| Benchmark for A Share Class (TRY) | |
| Benchmark for B Share Class (USD) | |
| Portfolio Managers | Abdullah Selim Kunt,Kutay Ultan,Koray Ucuzal, Turgutalp Günal |
| Subscription and Redemption Frequency | Daily |
| Subscription and Redemption Notice Period Begining | 09:00 |
| Subscription and Redemption Notice Period Ending | 13:30 |
| Settlement Date for Subscriptions | T+1 |
| Settlement Date for Redemptions | T+3 |
| Risk Level (TL) | |
| Risk Level (USD) |
Sold only to qualified investors.
Fund participation shares are divided into Group A (TL) and Group B (USD). The price of Group A shares is announced in TL and Group A shares are bought and sold in TL, the price of Group B shares is announced in US Dollars (USD) and Group B shares are bought and sold in US Dollars (USD).