This fund is suitable for participants who prefer FX-focused investments in their pension portfolios and aim to benefit from the interest income of eurobonds issued by the Republic of Türkiye Ministry of Treasury and Finance.
AVB
Agesa Hayat Ve Emeklilik Government External Debt (USD 5-15 Year Term) Pension Fund
Invest in foreign currency-denominated or foreign currency-indexed government debt instruments to generate returns in line with the rise in exchange rates and interest income in foreign currency with a medium-long term perspective.
- Ak Asset Management’s expertise in Private Pension System (BES) investments.
- A comprehensive range of funds tailored to every risk profile.
- 0.797801
- %0.32532
- %2.85
- %19.74
- %37.01
- %36.50
- %90.71
- Trend
- Price 0.797801
- Recommended Term 12 Month
- Day %0.32532
- 1M %2.85
- 6M %19.74
- YTD %37.01
- 1Y %36.50
- 2Y %90.71
Invested Assets
The fund aims to generate interest income and capital gains by investing at least 80% of its portfolio in USD-denominated eurobonds (foreign government debt instruments) issued by the public sector with 5–15 year maturities. Periodic coupon payments from these securities are expected to provide a stable income stream to cover potential cash outflows. When making investment decisions, key factors such as future interest rate expectations, spread analysis, risk/return assessments, and duration and convexity play a central role. Market anomalies, instruments offering additional return potential, and tactical buy-sell opportunities are also evaluated to enhance the fund’s performance. Based on interest rate forecasts, the portfolio’s maturity structure and asset allocation are dynamically managed to maximize exposure to FX-denominated returns in the market. Additionally, the fund may invest in money and capital market instruments listed in the table under Article 2.4 of the prospectus, within the prescribed limits.
- Trend
- Recommended Term
- 12 Month
Fund Identity
- Fund Manager
- Invested Assets
- The fund aims to generate interest income and capital gains by investing at least 80% of its portfolio in USD-denominated eurobonds (foreign government debt instruments) issued by the public sector with 5–15 year maturities. Periodic coupon payments from these securities are expected to provide a stable income stream to cover potential cash outflows. When making investment decisions, key factors such as future interest rate expectations, spread analysis, risk/return assessments, and duration and convexity play a central role. Market anomalies, instruments offering additional return potential, and tactical buy-sell opportunities are also evaluated to enhance the fund’s performance. Based on interest rate forecasts, the portfolio’s maturity structure and asset allocation are dynamically managed to maximize exposure to FX-denominated returns in the market. Additionally, the fund may invest in money and capital market instruments listed in the table under Article 2.4 of the prospectus, within the prescribed limits.
Risk Ranking
Fund Size
18.311.628.180,9 TL
Share Value
0.797801
Management Fee
%1
Withholding Tax
%0
Benchmark
85% BIST-KYD Public Eurobond 5-15 Years USD (TL) + 5% BIST-KYD Eurobond EUR (TL) + 5% BIST-KYD Repo (Gross) + 5% BIST-KYD 1 Month Deposit TL
Asset Allocation
Current Fund Allocation Ratio
Fund Performance
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