Long-term return target above TL deposit interest rates!
Ak Asset Management Private Banking and Platinum Absolute Return Targeted Variable Private Fund PAI aims to offer savers returns above the TL deposit rate with a long-term investment perspective. The fund dynamically changes its investment allocation according to market conditions.
Since PAI continuously invests at least 51% of its total value in stocks traded on Borsa Istanbul (BIST), it offers withholding tax advantage to its investors over a 1-year maturity.* BIST stock position is optimized with hedging transactions.
*Withholding tax is not applicable within the scope of provisional article 67 of the Income Tax Law on the disposal of participation shares held for more than one year in mutual funds with at least 51% of their portfolios continuously invested in equities traded on BIST. If you dispose of the fund in less than 1 year, 17.5% withholding tax is applied.
