In accordance with the investment strategy of the fund; minimum 80% of the total value of the fund will be invested in the shares of partnerships operating in the automotive sector, debt instruments, other stock exchange investment funds/investment funds investing in this sector and various domestic and foreign capital market instruments, the details of which are provided below. Among the domestic and foreign partnerships operating in the automotive sector; partnerships operating in the fields of producing automobiles, electric cars, autonomous cars, commercial vehicles etc. and/or supporting automotive production (engine, mechanical parts, spare parts production, vehicle technology production, battery production, mining and similar) will be selected. Partnerships operating in the fields of battery and power technologies for electric vehicles and autonomous driving technology and products and solutions formed around these will also be considered as partnerships operating in the automotive sector.
| Fund Code | OTM |
| Fund Name | Azimut Portfolio Automotive Sector Variable Fund |
| Umbrella Fund Type | Variable Umbrella Fund |
| Management Fee (Yearly) | %2,350 |
| Performance Fee | |
| Availability on TEFAS | Available on TEFAS |
| Benchmark | “40% BIST Metal Goods Machinery Return Index (XMESY_G) + 50% Dow Jones US Automobiles & Parts Total Return Index GICS Level 3 USD (DJUSAP) (Return Index) + 10% BIST-KYD Repo (Gross) Index |
| Benchmark for A Share Class (TRY) | |
| Benchmark for B Share Class (USD) | |
| Portfolio Managers | Abdullah Selim Kunt, Engin Ertam, Kutay Ultan, Ekin Rota, 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) |
6
|
| Risk Level (USD) |