By adding a new investment to its portfolio, QNB Financeportfolio put on sale the QNB Financeportfolio Crystal Hedge (Currency-Euro) Fund, which invests in euro-denominated assets and aims absolute returns in foreign currency.
According to the statement made by the company, the QNB Financeportfolio Crystal Hedge Fund was implemented by considering the risk and return balance.
At least 80% of the total value of the fund consists of debt instruments and lease certificates issued by the Ministry of Treasury and Finance in euros, and foreign debt instruments (eurobonds), money and capital market instruments issued by domestic issuers in euros.
There is a minimum entry requirement in the mutual fund offered to qualified investors, real and legal investors who want to invest their Euro savings in any term and aim to create higher added value as an alternative to foreign currency deposits. Investors can submit their participation share purchase/sell requests for the fund every business day.
‘We aimed to increase the diversity in investment instruments’
In the statement, QNB Financeportfolio General Manager Egemen Erden stated that they continue to work with the mission of creating added value for all their stakeholders.
Noting that they aim to deepen the financial markets and increase the diversity in investment instruments with the ‘QNB Financeportfolio Crystal Hedge Fund’ they have implemented, Erden said, “We will continue to work with an effective communication approach in order to evaluate the investments, which also play a major role in the development of the country’s economy, in the most accurate way with our expert staff.’
Source: AA / Prepared by Irem Yildiz