Page 69 - BES2016_ING

Individual Pension System 2016 Progress Report

Asset Allocation of Pension Mutual Funds in 2016 according to Founder

Gov't Bonds and Bills (TL) Shares Gov't Bonds and Bills (FX) Takasbank Money Market

Foreign Securities Reverse Repo Private Sector Bonds and Bills Other

100 5

90 16 12 13 18 12 16 15 13 13 13 16 14 12 11 17 14 16 18 15
34 63
80 22 15 4 4 9 12 4
11 8 4 2 7 14 6 16 3 3 10
10 5 11 3 4 7
7 5 3 17 5 18 16 22
11 4 15 2 23 3 10 5 10 10 2 3 8
2 7 3 9 13
70 10
5
Ratio (%) 60 19 11 12 5 61 9 61 6 8 7
18 63

50 5 14 7 22 13 12 9 12 57 19 8
9
14 52 10 13
12 48 46 44
49 15 44 43 14 45 42
43
40

39 39 40

30 36 36

20

10

0
AEG ALY ALZ AND ASY AVI AXA CRD FBA FNS GRN GRP HLK KTE MET NNE VKF ZRT IPS

Pension Companies

The abbreviations used for Pension Companies given on page 91.
Ratios less than 2% are not used for the graphic data tag.

G.10 The chart above presents 2016 average asset allocations of pension mutual funds on founder basis. In calculating
portfolio allocation, daily asset allocation of funds owned by founders were weighted by daily net asset values, and
annual average asset of each investment instrument was calculated on founder basis. Funds offered to public in 2016
are included in the calculations.

Asset Allocation of Pension Mutual Funds with a designation of
“Alternative” and “Participation” in Their Titles (Interest-Free)

Lease Certificates Shares As of December 31, 2016, there are 26 pension
77.6% 16.9% mutual funds with a designation of “Alternative”
and “Participation” in their titles (Interest-Free),
G.11 Participation Accounts namely 14 in the Flexible fund group, 3 in Stocks, 2
3.6% in Precious Metals and 7 in Standard fund groups.

Precious Metal and State Contribution Funds are excluded from the calculations.
Precious Metal
Backed Assets
1.6%

Eurobond
0.1%

Other
0.1%

Mutual Funds
Participation Certificates

0.1%

67 Pension Mutual Funds and State Contribution Funds