What are the features of Type B Funds?
- They have open-end maturity.
- They can include t-bills, government bonds, stocks and repo.
- The ratio of the stocks are generally less than 25%.
- There are 5 different kinds which are: Type B Fixed Income, Type B Money Market, Type B Flexi Balanced, Type B General Bond Index (Garbo-General) and Type B Long Bond Index (Garbo-Long).
Garanti Bank Type B Fixed Income Bond: At least 51% of the fund is composed of T-Bills or Government Bonds. Provide a long-term and fixed income investment opportunity.
Garanti Bank Type B Money Market Fund: Composed entirely of repo or short term investment instruments. It is a risk-free instrument for short term investments. It is the most liquid among all mutual funds.
Garanti Bank Type B Flexi Balanced Fund: Contains T-Bills, Government Bonds and Repo. It is considered as a balanced fund in terms of risk due to containing both Government Bonds and Repo.
Garanti Bank General Bond Index (Garbo-General) Fund: Garanti Bank General Bond Index, which reflects the general course of the bonds market, considers all bonds with more than 20 days to maturity. It provides investors with a rate of return which is highly correlated with GARBO General Index. This fund is an index fund for the entire Bonds market.
Garanti Bank Long Bond Index (Garbo-Long) Fund: Garanti Bank Long Term Bond Index which reflects the changes in the long term bonds, considers all bonds with more than 210 days to maturity. It provides investors with a rate of return which is highly correlated with GARBO Long Index. This fund is an index fund for long term bonds.
You may place your buy orders between the hours of 09:00 and 18:00 on the announced demand collection days, and until 12:00 on the last day.
While orders for only 1 or 2 sessions can be placed in the buy/sell step, you can place orders for a minimum of 3 sessions in the morning session, and a minimum of 2 sessions in the afternoon session, with a maximum of up to 40 sessions.