Azimut Portfolio Second Equity Fund (Equity Intensive Fund)

Investment strategy of the Fund: At least 80% of the Fund's total value is invested in the shares of issuers traded on the BIST, excluding the shares of securities investment trusts (at least 60% of the Fund's total value is invested in the shares of issuers within the scope of the BIST 100) and in exchange-traded fund units established to track the indices consisting of these shares within the scope of subparagraph (a) of the fourth paragraph of Article 5 of the Communiqué on Principles Regarding Exchange Traded Funds No. III-52.2. In addition, since the Fund is an equity-intensive fund, at least 80% of the Fund's portfolio value is continuously invested in the shares of issuers traded on the BIST, excluding the shares of securities investment trusts (at least 60% of the total value of the Fund is invested in the shares of issuers within the scope of the BIST 100), Cash collaterals of futures contracts based on issuer shares and share indices, premiums of option contracts based on issuer shares and share indices, intermediary institution warrants based on issuer shares and share indices traded on the exchange and indices consisting of issuer shares shall be invested in the participation shares of exchange traded funds established to follow the indices consisting of issuer shares within the scope of Article 5, paragraph four (a) of the Communiqué on Principles Regarding Exchange Traded Funds numbered III52. 2, published in the Official Gazette dated 27/11/2013 and numbered 28834, within the scope of subparagraph (a) of the fourth paragraph of Article 5 of the Communiqué on Principles Regarding Exchange Traded Funds.