At least 80% of Fund's total value will be invested in debt instruments and lease certificates issued in foreign currency by the Ministry of Treasury and Finance and in capital and money market instruments issued in foreign currency by domestic issuers. The remainder of the Fund will be invested in capital and money market instruments of foreign issuers and/or capital and money market instruments in Turkish Lira.
The Fund's investment strategy aims to generate returns in US Dollars (USD), to provide 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 in foreign currency by the Ministry of Treasury and Finance, and money and capital market instruments issued in foreign currency by domestic issuers.
| Fund Code | SYR |
| Fund Name | Azimut Portfolio 25.0 Hedge (Foreign Currency) Fund |
| Umbrella Fund Type | Hedge Umbrella Fund |
| Management Fee (Yearly) | %1,0000 |
| Performance Fee | |
| Availability on TEFAS | – |
| Benchmark | 100% BIST – KYD 1 MONTH DEPOSIT USD INDEX |
| Benchmark for A Share Class (TRY) | |
| Benchmark for B Share Class (USD) | |
| Portfolio Managers | Abdullah Selim Kunt, Engin Ertam, Kutay Ultan, Ekin Rota |
| 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).
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