Azimut Portfolio Banking and Finance Sector Equity Fund (Equity Intensive Fund)

Fund Performance Data

Fund Strategy

According to the investment strategy of the Fund; at least 80% of the total value of the Fund will be continuously invested in domestic partnership shares of companies operating in the banking and finance sector. Within the scope of the said strategy, investments can also be made in domestic partnership shares issued by companies providing services and products to companies operating in the finance sector. Partnership shares of domestic issuers such as brokerage firms, insurance companies, leasing, factoring, financing companies and financial technology companies will be considered as financial sector. In the selection of partnerships operating in the banking and finance sector, partnership shares of domestic issuers included as components in BIST Brokerage Firms (XAKUR), BIST Fin. Kir. Factoring (XFINK), BIST Holding and Investment Index (XHOLD), BIST Insurance (XSGRT), BIST Bank Index (XBANK) will be accepted as reference. While the BIST Indices selected from the sector are not restrictive in the formation of the fund portfolio, the fund will not be bound by the weights used in the creation of the index in the inclusion of partnership shares in the indices in the fund portfolio. The correlation between the index values ​​and the fund participation share price will not be taken into account.

Fund Profile

Fund Code BFT
Fund Name Azimut Portfolio Banking and Finance Sector Equity Fund (Equity Intensive Fund)
Umbrella Fund Type Stock Umbrella Fund
Management Fee (Yearly) %2,350
Performance Fee
Availability on TEFAS Available on TEFAS
Benchmark 80% BIST Financial Return Index + 20% 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

Trading Principles

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+2
Risk Level (TL)
Risk Level (USD)
Watsspace