Fund Type Description: At least 51% of the fund’s portfolio must at all times consist of gold and/or gold based financial instruments
Strategy: Minimum 51% of the fund portfolio contains gold and aims to provide a return from fixed income securities (T-Bills, G-Bonds and repo) as well in order to generate a return in parallel to gold price changes in the medium- long run.
Investor Profile: Investors who wish to invest their savings in investment instruments containing gold.
Minimum Transaction Amount: Multiples of 1 share.
Benchmark: 90% KYD Gold Index + 10% KYD Gross Repo Index.
Terms of Transaction: Both buying and selling orders received between 09:30 – 13:00 hours are effected on T+1 at the T+1 price. Both buying and selling orders received after 13:00 are effected on T+2 over the T+2 price.
Primary Benefit: Provides return in parallel to gold price changes for investors interested in gold based products. and provides ease for transactions.
Reminder: Return of the fund fluctuates in parallel to gold ounce price changes in the international markets and TRY / USD price changes.
