Azimut Portföy Fourth Hedge (TRY) Fund

Financial assets to be included in the fund portfolio are selected in accordance with the regulations of the Capital Markets Board and the principles set forth in this prospectus, and are managed by the portfolio manager in accordance with the legislation. Only Turkish lira denominated assets and transactions will be included in the fund portfolio. There will be no foreign currency assets, gold and other precious metals and capital market instruments based on them in the fund portfolio. In addition, foreign currency assets and gold and other precious metals and capital market instruments traded in organized markets and/or over-the-counter derivative instruments based on these will not be included in the fund portfolio. It is based on the creation of a portfolio suitable for the nature of a free umbrella fund from the assets and transactions specified in Article 6, excluding assets in foreign currency, gold and other precious metals and capital market instruments based on them, and fund types defined in Article 6. The Fund complies with the principles regarding hedge funds in Article 25 of the Communiqué. The fund portfolio may consist of all TL-denominated money and capital market instruments specified in Article 4.2 of the Communiqué. Foreign currency assets, gold and other precious metals and capital market instruments based on them will not be included in the portfolio of the Fund.