Azimut Portföy Pay Geri Alımı Yapan Şirketler Hisse Senedi Fonu (Hisse Senedi Yoğun Fon)

In accordance with the investment strategy of the Fund; at least 80% of the total value of the Fund consists of the shares of the partnerships that implement or will implement a Buyback Program to purchase the parent company shares by the parent company itself and/or its affiliates within the scope of the “Repurchased Shares Communiqué” numbered II-22.1 and the Principle Decision numbered i-SPK.22.7 (dated 14/02/2023 and numbered 9/177) of the Capital Markets Board, and the participation shares of the exchange-traded funds established to follow the indices consisting of these partnership shares within the scope of the fourth paragraph of Article 5, subparagraph (a) of the Communiqué on the Principles Regarding Exchange Traded Funds numbered III-52.2 (BYF Communiqué).

In selecting the partnerships that make share buybacks, the partnership shares of domestic issuers included in the BIST Buyback Index as a component may be accepted as a reference. A dynamic portfolio structure will be aimed for and in case of changes to be made by Borsa Istanbul A.Ş. in the BIST Buyback Index, the Fund composition may be created according to the updated index components of the portfolio structure.

The selected BIST Index is not restrictive in the formation of the fund portfolio. Any partnership implementing a Buyback Program but not included in the BIST Buyback Index but included in BIST and within the scope of the strategy defined above can be included in the fund portfolio. The fund will not be bound by the weights used in creating the index when including the partnership shares included in the index in the fund portfolio. The correlation between the index values ​​and the fund participation share price will not be taken into account.

Since the Fund is an equity-intensive fund, at least 80% of the Fund’s portfolio value is continuously invested in the shares of stock investment funds established to follow the issuer shares traded on BIST, excluding the shares of securities investment trusts, cash collateral of futures contracts based on issuer shares and issuer share indices, premiums of option contracts based on issuer shares and issuer share, and intermediary institution warrants based on issuer shares and issuer share traded on the stock exchange, 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.