Page 81 - BES2016_ING

Individual Pension System 2016 Progress Report

Index Change Ratio of Fund Group and Alternative Investment Vehicles

Gov't Bonds and Bills (TL) / BIST - KYD Bond Indices All Stocks / BIST - 100 Standard / BIST - KYD Bono Indices All
Precious Metal / BIST- KYD Gold Price Indices
Liquid / BIST - KYD Bond Indices 91 Days

Ratio 1.05
1.04
1.03
1.02
1.01
1.00
0.99
0.98
0.97
0.96

G.21

31.01.2016
29.02.2016
31.03.2016
30.04.2016
31.05.2016
30.06.2016
31.07.2016
31.08.2016
30.09.2016
31.10.2016
30.11.2016
31.12.2016

The graph above indicates, proportioned index of fund groups and alternative invesment vehicles created from daily
returns.

Return (%)2016 Benchmark Returns of Pension Mutual Funds with a Designation of
“Alternative” and “Participation” in Their Titles (Interest-Free)

Sector Return of Interest-Free Pension Mutual Funds
Sector Benchmark Return of Interest-Free Pension Mutual Funds

10
9
8
7
6
5
4
3
2
1
0
-1
G.22

31.01.2016
29.02.2016
31.03.2016
30.04.2016
31.05.2016
30.06.2016
31.07.2016
31.08.2016
30.09.2016
31.10.2016
30.11.2016
31.12.2016
State contribution funds are excluded from calculations of sector returns and sector benchmark returns.

The above chart shows only fund and benchmark returns of 26 pension mutual funds with a designation of “Alternative”
and “Participation” in their titles (Interest-Free) in 2016.

79 Pension Mutual Funds and State Contribution Funds