Page 80 - BES2016_ING

Individual Pension System 2016 Progress Report

Portfolio Management Companies Based on
the Number of Pension Mutual Funds and Net Asset Value

40

38

36

34
AKPORTFÖY

32

30

28 İŞ

Number of Funds 26

24

22

20 YAPI KREDİ

18 GARANTİ
16 HSBC

14 VAKIF

12 FİBA TEB

10 DENİZ HALK QİNVEST ZİRAAT
8 İNG

6 FİNANS

4 ACTUS ATA EMDAŞ

2 ASHMORE ATLAS İSTANBUL KT TACİRLER
0

G.19 31.12.2016 net asset value based on portfolio management companies does not include State Contributions funds.
The size of the bubbles is proportional to the total net asset value of the companies.

The chart above presents number of pension funds and net asset value of portfolio management companies.

Annual Returns of Portfolio Management CompaniesReturn (%)
Based on the Fund Group in 2016

35
30
25
20
15
10
5
0
G.20
ACTUS
AK
ASHMORE
ATA
ATLAS
DENİZ
EMDAŞ
FİBA
FİNANS
GARANTİ
HALK
HSBC
İNG
İŞ
İSTANBUL
KT
QİNVEST
TEB
VAKIF
YAPI KREDİ
ZİRAAT
AK
DENİZ
EMDAŞ
FİNANS
GARANTİ
HALK
HSBC
İNG
İŞ
QİNVEST
TEB
VAKIF
YAPI KREDİ
ZİRAAT
AK
GARANTİ
HSBC
İŞ
QİNVEST
TEB
VAKIF
YAPI KREDİ
ZİRAAT
ACTUS
AKPORTFÖY
DENİZ
FİBA
FİNANS
GARANTİ
HALK
HSBC
İNG
İŞ
QİNVEST
TEB
VAKIF
YAPI KREDİ
ZİRAAT
AK
DENİZ
FİBA
GARANTİ
HALK
HSBC
İŞ
TEB
VAKIF
YAPI KREDİ
ZİRAAT
Flexible Stock Precious Gov't Bonds and Bills (TL) Gov't Bonds and
Metal
Standard Bills (FX)

The below chart shows 2016 returns were calculated on the basis of funds managed by fund management companies
or groups covering the funds. Returns were calculated by weighting 2016 returns of the funds with net asset values as
of December 31, 2016. For those funds that changed portfolio companies during the year, returns within the former
company until the changeover, and returns within the new company following the changeover were calculated. The
returns on the graph are based only on the performance of pension investment funds managed by the relevant portfolio
management companies. No assets other than pension mutual funds were included in the portfolio management
company’s return calculation.

Pension Mutual Funds and State Contribution Funds 78