Axa Hayat Ve Emeklilik Standard Pension Investment Fund

Fund Manager

Invested Assets

The fund aims to benefit from interest income by investing predominantly in medium- and long-term Turkish government domestic debt securities. The average maturity of the fund is adjusted by the portfolio manager depending on market conditions. At least 60% of the portfolio is invested in Turkish lira–denominated debt securities, revenue-sharing certificates, or lease certificates issued by the Ministry of Treasury and Finance. A minimum of 10% is invested in equities included in the BIST 100 Index, the BIST Sustainability Index, the BIST Corporate Governance Index, and participation indices calculated by Borsa İstanbul. Up to 30% of the portfolio may be invested in: Turkish lira denominated debt securities issued provided they are traded on the exchange by banks or issuers with an investment-grade credit rating, Turkish lira denominated lease certificates issued by banks or issuers with an investment-grade rating, mortgage-backed and asset-backed securities, and equities included in participation indices. Up to 25% may be invested in Turkish lira time deposits and participation accounts. Up to 2% may be allocated to reverse repo transactions, Takasbank Money Market transactions, and domestic organized money market transactions. Security selection and portfolio limits must comply with the principles specified in the Regulation and the Guideline. Portfolio composition aims to achieve the optimal mix based on expected return and risk analyses. All other portfolio restrictions stated in the Regulation apply in addition to the ratios specified above. The fund is also used to invest the savings of participants who do not make a fund selection upon entering the system. Therefore, its entire portfolio is managed in accordance with the portfolio constraints set out in the Regulation and the Guideline.

20% BIST 100 RETURN + 65% BIST-KYD DİBS ALL + 15% BIST-KYD 1-MONTH INDICATOR DEPOSIT TL