Fund Type Description:At least 80% of the portfolio consists of all or a sampled portion of the stocks within the index with a correlation coefficient of at least 90% between the ISE-30 index value and the unit share price of the fund.
Strategy: As per its description, the fund is required to maintain a portfolio of at least 80% ISE-30 index stock, and it is managed with the goal of generating a very similar return to the ISE-30 index by constructing a portfolio structure that closely reflects that of ISE-30 index.
Investor Profile:Investors who are confident in their market insights and wish to have an identical risk/benefit profile to the ISE-30 index.
Minimum Transaction Amount: Multiples of 1 share.
Benchmark: 95% ISE-30 Index + 5% KYD Gross Repo Index.
Terms of Transaction:Buying orders received between 09:00-13:00 hours are effected on T+1 over the T+1 price, and selling orders on T+2 over the T+1 price. Buying orders received after 13:00 hours are effected on T+2 over the T+2 price, and selling orders on T+3 over the T+2 price.
Primary Benefit: During rallies, provides an identical return to the ISE-30 index.
Reminder: Closely reflects the falls in the index value as it closely follows the performance of the ISE-30 index
