Fund Type Description: The entire portfolio must consist of high-liquidity capital market instruments at all times with no more than 180 days to maturity and a weighted average maturity of 45 days.
Strategy: Our money market fund is managed aiming at a weighted average maturity of no more than 45 days with a portfolio containing a mixture of short term, high-liquidity Treasury Bills and overnight repos.
Investor Profile:Investors who, because of liquidity needs, seek to invest their savings in the short-term while deriving a regular income.
Minimum Transaction Amount: Multiples of 1 share.
Benchmark: 63% KYD Gross Repo Index + 35% KYD Bill Index – 91-day .
Terms of Transaction: Buying and selling orders are processed 24 hours during working days except between 16:00 – 17:00 hours. On working days, a TL 50,000 limit is applied to transactions performed between 13:45 hours until 08:30 hours the next day.
Primary Benefit: Provides an opportunity to derive an earning on saving which are reserved for daily use.
Reminder: Earning potential is limited as the portfolio carries very short term instruments with fixed-income.
