PAI

Ak Asset Management ING Private Banking and Platinum Absolute Return Targeted Variable Private Fund

Catch the advantage of 0% withholding tax for your investments longer than 1 year while targeting returns above the deposit interest rate!

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PAI
Ak Asset Management ING Private Banking and Platinum Absolute Return Targeted Variable Private Fund

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.

  • Aims to provide returns above TL deposit interest rates in the medium-long term with a multi-asset strategy.
  • Offers withholding tax advantage to its investors over 1 year maturity.
Code
Risk
Name
PAI
3 / 7
Ak Asset Management ING Private Banking and Platinum Absolute Return Targeted Variable Private Fund
  • 6.407514
  • %0.04840
  • %4.52
  • %0.17
  • %11.48
  • %27.25
  • %88.97
  • Trend
  • Price 6.407514
  • Recommended Term 12 Month
  • Subscription Value Date
    T + 1
  • Redemption Value Date
    T + 2
  • Day %0.04840
  • 1M %4.52
  • 6M %0.17
  • YTD %11.48
  • 1Y %27.25
  • 2Y %88.97
Invested Assets

At least 51% of the fund's total value is continuously invested in equities traded on Borsa Istanbul (BIST).

Trend
Recommended Term
12 Month
Subscription Value Date
T + 1
Redemption Value Date
T + 2

Fund Identity

Fund Manager
Ak Asset Management Inc.
Invested Assets
At least 51% of the fund's total value is continuously invested in equities traded on Borsa Istanbul (BIST).
Operational Info
Until 1:30 pm except on public holidays.
Risk Ranking
3 / 7
Recommended Term 12

Months

Fund Size 431.217.116,95 TL
Share Value 6.407514
Redemption Value Date T + 2
Subscription Value Date T + 1
Management Fee %3
Withholding Tax %0
Benchmark

55 %RETURNS BIST 100 + 15% BIST-Kyd 1 monthly deposits TL + 10% BIST-KYD Short SECURITIES + 10% BIST-KYD gold price weighted average of + 10% BIST-KYD Public Eurobond USD (GBP)

Asset Allocation

Current Fund Allocation Ratio

Fund Performance

Frequently Asked Questions

Variable funds are mutual funds that can change their portfolio allocation across different asset classes according to market conditions. The fund portfolio may consist of equities, debt instruments, foreign currency, precious metals and other capital market instruments. For detailed information, the TEFAS platform and the fund prospectus may be reviewed.

In fund purchase-sale transactions, T (Transaction Day), the day on which the investor gives the order, is taken as the basis:
T+1 (Purchase): Fund participation shares are transferred to your account within 1 business day following the order.
T+2 (Sale) The sale amount is transferred to your account within 2 business days following the order.
These periods are general practice; exact settlement periods and foreign holiday dates may vary according to the principles specified in each fund's prospectus.

Until 13:30, excluding public holidays.

Variable funds may be suitable for investors who have medium- and long-term investment objectives, can tolerate market fluctuations, and want to diversify their portfolio. For detailed information, the fund prospectus should be reviewed.

Variable funds may offer return potential in the long term depending on market conditions. However, past performance is not a guarantee of future returns. For details, the fund prospectus should be reviewed.

Investors are advised to make investment decisions by taking into account the fund’s investment strategy, risk level, settlement periods, taxation conditions and portfolio allocation. For detailed information, the fund prospectus should be reviewed.

PAI is a variable fund and aims to invest in different asset classes within the framework of the investment strategy specified in the fund prospectus. For detailed information, the fund prospectus should be reviewed.

The fund management fee is the fee charged over the total size in mutual funds in return for the product's management processes. It is included in the fund price daily and accrued automatically.

Variable funds are mutual funds that can change their portfolio allocation across different asset classes according to market conditions. The fund portfolio may consist of equities, debt instruments, foreign currency, precious metals and other capital market instruments. For detailed information, the TEFAS platform and the fund prospectus may be reviewed.

In fund purchase-sale transactions, T (Transaction Day), the day on which the investor gives the order, is taken as the basis:
T+1 (Purchase): Fund participation shares are transferred to your account within 1 business day following the order.
T+2 (Sale) The sale amount is transferred to your account within 2 business days following the order.
These periods are general practice; exact settlement periods and foreign holiday dates may vary according to the principles specified in each fund's prospectus.

Until 13:30, excluding public holidays.

Variable funds may be suitable for investors who have medium- and long-term investment objectives, can tolerate market fluctuations, and want to diversify their portfolio. For detailed information, the fund prospectus should be reviewed.

Variable funds may offer return potential in the long term depending on market conditions. However, past performance is not a guarantee of future returns. For details, the fund prospectus should be reviewed.

Investors are advised to make investment decisions by taking into account the fund’s investment strategy, risk level, settlement periods, taxation conditions and portfolio allocation. For detailed information, the fund prospectus should be reviewed.

PAI is a variable fund and aims to invest in different asset classes within the framework of the investment strategy specified in the fund prospectus. For detailed information, the fund prospectus should be reviewed.

The fund management fee is the fee charged over the total size in mutual funds in return for the product's management processes. It is included in the fund price daily and accrued automatically.

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