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 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 |
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) |
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