ICBC Turkey Asset Management First Fund of Funds
SUGGESTED INVESTOR PROFILE:
It is recommended for investors who want to earn returns above TL deposit returns in the medium term.
ESTABLISHMENT DATE: 01.06.2021
FUND MANAGEMENT FEE % 0,75
RISK LEVEL Low - Medium
The First Fund of Funds continuously invests at least 80% of its total value in funds that invest in various domestic and foreign assets. The remaining portion can be invested in reverse repo, Takasbank Money Market instruments, capital market instruments issued by the CBRT and the Treasury, equities in BIST, lease and real estate certificates.
In addition, for hedging or investment purposes, foreign exchange or precious metals based derivative instruments, foreign exchange or precious metals based exchange traded funds (ETFs) can be invested.
Advantages
- Over-deposit hight return potential in the medium term under changing market conditions with diversified mutual funds such as Debt Instruments, Variable, Gold, Equity, Eurobond and Money Market funds
- Diversification through foreign exchange and/or precious metal-weighted mutual funds
BENCHMARK: BIST-KYD 1 Month Deposit Index (TL)