The Construction Sector has the nature of a Sectoral Fund with 51% of the fund portfolio continuously being invested in securities of companies of a certain sector as specified in Article 5 of CMB Communiqué Serial VII No. 10.
Unlike other sectoral funds, the stocks consisting of the fund portfolio rather than link to an existing ISE sector index, traded at ISE, are selected from among stocks of companies operating in construction, real property or the production, marketing and sale of construction materials. The Construction Sector Fund is therefore more flexible.
Fund Amount:
2.5 million TL
Participation certificates purchase or sale time:
09:00 to 18:00
Participation certificates purchase or sale rules:
Participation certificate purchase or sale instructions given by investors until 12:00 a.m. will be executed, at the share price found in the first calculation following the date the instruction is given, on the second transaction day following such date while instructions informed after 12.00 a.m. will be considered as given after the first share price calculation and will be executed at the share price found in the next calculation, on the third transaction day following the date the instruction is given.