Viennalife Emeklilik ve Hayat A.Ş. Standard Pension Investment Fund - ANG
Fund Investment Purpose/Strategy
At least 78% of the fund's portfolio consists of TRY-denominated debt instruments issued by the Undersecretariat of Treasury. Maximum 20% of the fund portfolio may be invested in TRY deposits, participation accounts, and debt instruments issued by banks or other issuers with an investment grade rating, provided that they are traded in the stock market, and up to 2% of the Fund Portfolio may be invested in reverse repo and domestic organized money market transactions.
Founder / Manager Details
| Founder’s Trade Name | VIENNALIFE EMEKLİLİK VE HAYAT A.Ş. |
| Portfolio Manager’s Trade Name | OYAK Asset Management |
Shareholding Structure of the Founder
| SHAREHOLDER | VALUE OF SHARES | NUMBER OF SHARES | SHARE PERCENTAGE |
|---|---|---|---|
| Viennalife TURKEY HOLDING BV | TL 303,400,000.00 | 100% | |
| Total | TL 303,400,000.00 | 100% |
Benchmarking Criteria
| Fund Code | Benchmarking Criteria |
|---|---|
| ANG | 90% BIST - KYD (Turkish Institutional Investment Managers’ Association) DİBS (Government Debt Securities) All Index 5% BIST - KYD 1-Month Deposit TRY Index 5% BIST - KYD ÖSBA (Private Sector Debt Instruments) Fixed Index |
Rates of Fund Management Fees and Entry / Exit Commissions
| Annual Rate of Fund Management Fee | 1.73% (Daily 0.00475%) |
| Entry-Exit Commissions | No commission is charged when entering or exiting this fund. |
The Warning Notice issued as per the “Communiqué on Principles Regarding Investment Services and Activities and Ancillary Services”, by the Capital Markets Board: “The information, opinions, and suggestions on investment contained herein do not fall under the purview of investment consulting. The risk and return preferences of each client are taken into consideration by authorized institutions that offer personalized investment consulting services. The comments and recommendations contained herein, on the other hand, are of a general nature. These suggestions might not be appropriate for your financial position and your preferred level of risk and return. Therefore, making an investment decision based solely on the information contained herein may not yield results that meet your expectations.”
