Multi-Asset Fund II

0.122432

02.09.2013

IPF is a multi-asset fund subscribed to and redeemed in Turkish lira (TRY) and invests in domestic and international assets. The fund’s objective is to generate the highest possible absolute return within predefined and regularly monitored risk limits. To achieve this, the portfolio is strategically diversified across commodities, international equities, and exchange-traded funds (ETFs). For hedging and investment purposes, the fund may also invest in derivatives and option contracts linked to foreign exchange, interest rates, and indices.

2%

The fund invests in both domestic and international assets. Capital gains realized upon redemption are subject to a 17.5% withholding tax on TRY-denominated returns. Investments in certain asset classes (including foreign equities, commodities, and Eurobonds) may provide tax advantages for individual investors.

İŞ BANKASI

TL

T + 1

T + 3

None.

There is no performance fee charged within the fund itself. However, 20% of any return generated above the pre-defined performance hurdle is charged to investors’ accounts at year-end (or upon redemption).