A minimum of 80% of the total value of the fund will be invested in domestic partnership shares of companies operating in the construction and real estate sectors, excluding securities investment trust shares.
In addition to companies providing services in the construction and real estate sectors, domestic partnership shares issued by companies providing services/services and products to construction and real estate companies will also be included.
Since the Fund is a stock-intensive fund, at least 80% of the Fund portfolio value is continuously invested in stock exchange investment fund shares established to follow the stocks of issuers traded on BIST, cash collateral of futures contracts based on issuer shares and issuer share indices, premiums of option contracts based on issuer shares and issuer shares, and stock exchange investment fund shares established to follow the stock exchange-traded stocks and issuer share-based intermediary institution warrants and indices consisting of issuer shares within the scope of subparagraph (a) of the fourth paragraph of Article 5 of the Communiqué on the Principles Regarding Stock Exchange Investment Funds (III-52.2) published in the Official Gazette dated 27/11/2013 and numbered 28834.
Foreign investment instruments may be included in the fund portfolio. However, foreign currency and capital market instruments may be included in the fund portfolio at a maximum of 20% of the total value of the fund.
Fund Code | IDI |
Fund Name | Azimut Portfolio Construction Sector Equity Fund (Equity Intensive Fund) |
Umbrella Fund Type | Stock Umbrella Fund |
Management Fee (Yearly) | %2,9500 |
Performance Fee | |
Availability on TEFAS | Available on TEFAS |
Benchmark | 30% BIST Real Estate Investment Trust Return Index + 10% BIST Metal Main Return Index + 10% BIST Construction Return Index + 30% BIST Stone Soil 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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