Benchmarks
Karşılaştırma ölçütü yatırımcının portföy yönetimi sonunda hedeflediği getiriyi gösteren bir ölçüttür.
In the service of discretionary portfolio management, a Benchmark is defined together with the investor for the determination of risk-return expectation. Benchmark is a criteria that shows the profit that has been targeted by the investor at the end of portfolio management period. This criteria can be an index as well as the return of a specific asset on a composition of both
The following may be given as examples for portfolio management benchmarks:
- KYD 365 Bond Indexi
- ISE 30 Index
- Time Deposit Rate (TL, Foreign Currency)
We can also tailor a new benchmark according to your needs.
When calculating the benchmark asset value and the return, the effect of withholding will be considered for products subject to withholding system.
What is KYD?
KYD stands for “Turkish Institutional Investment Managers' Association” . In KYD 182 Bond Index ; the market values of bonds with a duration of 122-242 days which are traded in Istanbul Stock Exchange Market Bonds-Equities are taken as basis and reflected as a whole. In KYD 365 Bond Index; the market values of bonds with a duration of 243-488 days which are traded in ISE Bonds&Bills Market -Equities are taken as basis.
For detailed information on Corporate Investor Managers Association