The fund has the status of a hedge fund and may be sold to legal entities and collective investment organizations, such as associations, foundations, funds, and cooperatives, in accordance with the provisions of the applicable communiqué on sales to qualified investors.
The main investment strategy of the fund is to provide absolute return in Turkish Lira. Foreign currency assets, gold and other precious metals, and capital market instruments based on them, will not be included in the fund portfolio. In addition, organized and/or over-the-counter derivative instruments for foreign currency assets and gold, other precious metals, and capital market instruments based on them will not be included in the fund portfolio.
In accordance with the main management strategy, the manager may simultaneously take long or short positions in different money and capital market instruments in order to achieve the Fund's main investment objective. The Fund may invest in any securities directly, or indirectly through derivative instruments. The Fund has no management restrictions in terms of liquidity or maturity. The Fund portfolio may consist of all assets and transactions specified in article 4 of the Communiqué.
The Fund aims to provide capital gains and increase the portfolio value by investing in money and capital market instruments, other investment instruments deemed appropriate by the Board, contracts to be concluded as a party, financial transactions, and securities, in accordance with its investment forecast.
Only TRY-denominated assets and transactions will be included in the fund portfolio. Repo and reverse repo transactions (including securities-preferred and stock repo/reverse repo transactions) backed by all types of assets accepted as collateral by the Capital Markets Board, Takasbank Money Market, domestic organized/over-the-counter money market transactions, government debt securities, private sector securities (company shares and debt instruments) issued by businesses resident in Türkiye, credit-linked notes (CLN), lease certificates issued by public or private sector, asset-backed securities and/or asset-guaranteed securities, TRY-denominated securities issued by foreign issuers, derivative instruments including warrants, certificates and swap transactions/contracts based on said assets and/or indexes created on said assets, structured investment instruments and domestically established venture capital investment funds, and TRY-denominated investment funds, exchange-traded funds, real estate investment funds and stock-intensive funds, money market funds, short-term debt instruments and short-term lease certificates fund participation shares, and also any type of investment partnership shares may be included in the fund portfolio as TRY-denominated assets and transactions. A significant portion of the fund portfolio may be used for TRY deposits in circumstances brought on by the market conditions.
In order to produce revenue for the fund and/or to provide risk hedging, leveraged transactions may be undertaken on TRY assets in the fund portfolio. These transactions may include forwards, futures contracts, options, swaps, embedded derivatives, warrants, certificates, forward transactions, repo transactions, credit utilization, short selling, and other similar transactions that create leverage.
