Azimut Portföy Gıpta Hedge Private Fund

The Fund's basic investment strategy is to generate absolute returns in Turkish Lira by making use of interest arbitrage opportunities while investing in Turkish and foreign public and private sector debt instruments. The Fund can carry a diversified portfolio of short, medium and long-term Turkish and foreign, public and private sector debt instruments between different maturities, as well as create a portfolio structure spread over the yield curve or focused on a certain maturity in order to create absolute returns. As a complement to this strategy, it can take positions in Turkish Lira, foreign currency and/or cross rates and interest derivatives in order to hedge currency and interest risk and/or purely for investment purposes.

The fund will be able to invest in all kinds of domestic and/or foreign investment instruments in all currencies. In line with its investment forecast, the Fund aims to achieve capital gains and increase portfolio value by investing in both TL and foreign currency denominated money and capital market instruments, other investment instruments deemed appropriate by the Board, financial transactions and securities. The fund portfolio may consist of all assets and transactions specified in Article 4 of the Communiqué.