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Fund Details:
Fund Type: B Type Variable
Risk Level: Moderate
Investment Horizon: Medium Term
Fund Manager: EFG Istanbul Securities
Depository Institution: Takasbank A.Ş.
Public Offering Date: April 24, 1996
Currency Denomination: TRY
Valuation: Daily
Entrance Fee: 0%
Management Fee: Daily 0.0125%
Performance Fee: 0%
Purchase Orders: T+1 (until 13:30)
Sale Orders: T+1 (until 13:30)
Minimum Investment Limit: 10 shares
Performance Comparison Benchmark: None |
What is the purpose of the Fund?
•Fixed income securities have the highest weight in the Fund portfolio.
•Fund manager sets the allocation of G-bonds, T-bills and repos in the portfolio according to changing market conditions, and actively manages the Fund portfolio.
•Fund manager designates the maturities of the fixed yield securities included in the Fund parallel to market conditions and expectations, with an aim to benefit from price changes.
Who should invest in a B Type Variable Fund?
•Investors with a medium term investment horizon, who prefer investing in fixed income securities such as G-bonds and T-bills and who aim to generate returns through price fluctuations in these instruments.
What are the risks involved for investors?
•The Fund has a moderate risk level.
•Potential risk factors: political, macroeconomic, capital markets volatility, market liquidity, legal and management risks.
The Fund manager and founder do not guarantee any minimum returns or the principal.
How are Fund units purchased and sold?
Purchase-sale orders may be submitted via Eurobank Tekfen branches, www.eurobanktekfen.com and EFG Istanbul Securities in all working days.
What are the advantages of the B Type Variable Fund?
Professional management, effective management of even small savings, ease in transaction, liquidity, time efficiency and legal supervision.
How is the Fund audited?
In line with the relevant communiqués of the Capital Markets Board (SPK), our mutual fund is audited on a semiannual basis by an independent audit company.
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