Azimut Portföy Boğaziçi Hedge (Foreign Currency) Fund

Fund Performance Data

Fund Strategy

The Fund's investment strategy is based on other investment instruments deemed appropriate by the Board, contracts to be a party, financial transactions and financial instruments, in particular debt instruments and lease certificates issued in foreign currency by the Ministry of Treasury and Finance, and money and capital market instruments issued in foreign currency by domestic issuers. By investing in securities, it aims to generate returns in US Dollars (USD), provide capital gains and increase portfolio value. At least 80% of the fund's total value will be continuously invested in debt instruments and lease certificates issued in foreign currency by the Ministry of Treasury and Finance, and in money and capital market instruments issued in foreign currency by domestic issuers. The remainder of the Fund will be invested in money and capital market instruments of foreign issuers and/or Turkish Lira currency and capital market instruments.

Fund Profile

Fund Code PBS
Fund Name Azimut Portföy Boğaziçi Hedge (Foreign Currency) Fund
Umbrella Fund Type Borçlanma Araçları Şemsiye Fonu
Management Fee (Yearly) 0.5250%
Performance Fee –
Availability on TEFAS –
Benchmark BIST-KYD 1-Month Deposit USD Index
Benchmark for A Share Class (TRY) The TRY return calculated by converting the BIST-KYD 1-Month Deposit USD Index value in the calculation period, at the beginning and end of the period, into TL, taking into account the foreign exchange buying rate announced by the CBRT on the relevant days.
Benchmark for B Share Class (USD) The return of the BIST-KYD 1-Month Deposit USD Index during the calculation period.
Portfolio Managers Murat Salar, Abdullah Selim Kunt, Engin Ertam, Kutay Ultan

Trading Principles

Subscription and Redemption Frequency Weekly
Subscription and Redemption Notice Period Begining Until 17:00, 3 working days before the last working day of the week
Subscription and Redemption Notice Period Ending Until 17:00, the last working day of the week
Settlement Date for Subscriptions The First Business Day following the Settlement Day
Settlement Date for Redemptions The First Business Day following the Settlement Day
Risk Level (TL)
5
Risk Level (USD)
3

Fund-Specific Information

Sold only to qualified investors.

Fund participation shares are divided into Group A (TL) and Group B (USD). The price of Group A shares is announced in TL and Group A shares are bought and sold in TL, the price of Group B shares is announced in US Dollars (USD) and Group B shares are bought and sold in US Dollars (USD).

Watsspace