TE4 - TEB Asset Management First Variable Fund

With the scope of multi asset strategy, the fund aims generating returns higher than TRY deposit rates. While the fund fundamentally aims to generate a consistent return in money market instruments, as well as government and corporate bonds, it also targets absolute return by taking long or short positions to catch the downward or upward movements in equity shares, debt instruments, and FX markets. The fund may use leverage for hedging and/or investment purposes. It aims to invest in gold and similar precious metals, as well as other money and capital market instruments, and derivative instruments based on these instruments and financial indices (swap, forward, and option contracts) to take advantage of their returns. Asset allocation of the portfolio is managed actively to achieve this purpose. Asset allocation of the fund portfolio is managed actively to achieve this goal. The fund itargets to keep its Risk Value between 4-5.