HDI Fiba Emeklilik and Hayat A.Ş. OYAK Asset Management Standard EYF - EST
Fund Investment Purpose/Strategy
The main purpose of the fund is to generate income in Turkish Lira by using mainly Turkish Lira debt instruments. In addition to this, the fund may buy/sell fixed income investment instruments, and also invest in the stock market within legal limits.
The fund portfolio is managed in accordance with the portfolio limitations specified in the regulation and the Circular. Savings of investors who do not make any preference for portfolio distribution at the time of entry into the system are directed to investments through the fund.
Founder / Manager Details
| Founder’s Trade Name | HDI FİBA 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 |
|---|---|---|---|
| FİBA Holding A.Ş. | TL 18,850,000 | 94.25% | |
| Other | TL 1,150,000 | 5.75% | |
| Total | TL 20,000,000 | 100% |
Benchmarking Criteria
| Fund Code | Benchmarking Criteria |
|---|---|
| EST | 55% BIST-KYD (Turkish Institutional Investment Managers’ Association) DİBS (Government Debt Securities) All Index 25% BIST-KYD DİBS (Government Debt Securities) 547-Day Index 5% BIST-KYD 1-Month Deposit (TRY) Index 10% BIST-KYD ÖSBA (Private Sector Debt Instruments) Index (Fixed) 5% BIST-KYD ÖSBA (Private Sector Debt Instruments) Index (Variable) |
Rates of Fund Management Fees and Entry / Exit Commissions
| Annual Rate of Fund Management Fee | 1.825% |
| Entry-Exit Commissions | No commission is charged when entering or exiting this fund. |
Trading Information
| Minimum Number of Shares to be Purchased | 0.001 |
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.”
