Azimut Portföy Yonca 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, all kinds of domestic and/or foreign investment instruments, and the participation shares of other mutual funds. 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 aims to provide capital gains and increase the portfolio value by investing in both domestic and foreign money and capital market instruments and financial transactions in line with its investment forecast. Fund portfolio may consist of all assets and transactions specified in article 4 of the Communiqué. The investment to be made in money and capital market instruments in foreign currency or in foreign currency and capital market instruments shall not be 80% or more of the total fund value.