Page 91 - BES2016_ING

Individual Pension System 2016 Progress Report

Funds with Positive Alpha Coefficient

2016 Ranking Pension Mutual Funds Date Of Average 2016 2015
2015 Ranking Public Monthly Alpha Alfa
Fund Beta (m)
Group Offering Return (m) (m) (%)
(%) (%)

44 86 Allianz Yaşam ve Emeklilik A.Ş. Second Flexible PMF FLX 27.10.2003 1.03 -0.37 0.05 -0.05

45 39 Allianz Hayat ve Emeklilik A.Ş. Gov't Bonds And Bills Income Group (FX) GFX 24.04.2008 1.21 0.97 0.05 0.07
PMF

46 37 BNP Paribas Cardif Emeklilik A.Ş. Flexible Growth Group PMF FLX 17.07.2013 0.57 2.04 0.05 0.08

47 40 Garanti Emeklilik ve Hayat A.Ş. Flexible (TL) PMF FLX 24.01.2011 0.59 1.18 0.05 0.07

48 46 Allianz Yaşam ve Emeklilik A.Ş. First Gov't Bonds And Bills (FX) Income PMF GFX 27.10.2003 1.03 0.77 0.05 0.04

49 45 Avivasa Emeklilik ve Hayat A.Ş. Flexible Income PMF FLX 22.02.2005 0.94 0.08 0.05 0.04

50 56 Groupama Emeklilik A.Ş. Stock Growth Group PMF STC 03.09.2008 1.06 0.90 0.04 0.01

51 44 NN Hayat ve Emeklilik A.Ş. Flexible PMF FLX 05.04.2004 1.03 0.72 0.04 0.04

52 50 Garanti Emeklilik ve Hayat A.Ş. Gov't Bonds And Bills (FX) Income PMF GFX 27.10.2003 1.02 0.78 0.04 0.04

53 64 BNP Paribas Cardif Emeklilik A.Ş. Stock Growth PMF STC 01.12.2003 1.24 0.95 0.03 0.00

54 49 Allianz Hayat ve Emeklilik A.Ş. Flexible Growth PMF FLX 27.10.2003 1.05 1.14 0.03 0.04

55 54 Avivasa Emeklilik ve Hayat A.Ş. Gov't Bonds And Bills Group PMF GFX 04.01.2006 1.07 0.74 0.03 0.01

56 66 Allianz Hayat ve Emeklilik A.Ş. Stock Growth PMF STC 27.10.2003 1.34 0.95 0.02 0.00

57 59 Allianz Yaşam ve Emeklilik A.Ş. Contribution PMF SC 02.05.2013 0.57 1.00 0.02 0.01

58 79 Ziraat Hayat ve Emeklilik A.Ş. Stock Growth PMF STC 01.07.2011 0.58 0.85 0.02 -0.03

59 52 BNP Paribas Cardif Emeklilik A.Ş. Flexible Growth PMF FLX 01.07.2013 0.57 1.73 0.01 0.03

60 60 Anadolu Hayat Emeklilik A.Ş. Flexible Income Group PMF FLX 25.08.2004 0.94 0.07 0.01 0.01

61 43 Halk Hayat ve Emeklilik A.Ş. Flexible PMF FLX 13.06.2012 0.65 1.42 0.01 0.05

62 51 Anadolu Hayat Emeklilik A.Ş. Flexible PMF FLX 27.10.2003 1.04 1.18 0.01 0.03

63 47 Axa Hayat ve Emeklilik A.Ş. Alternative Contribution PMF SC 25.10.2013 0.75 0.15 0.01 0.04

64 55 Vakıf Emeklilik A.Ş. Alternative Contribution PMF SC 02.05.2013 0.68 0.33 0.00 0.01

65 27 Asya Emeklilik ve Hayat A.Ş. Flexible Group Participation Growth PMF FLX 12.06.2012 0.66 0.66 0.00 0.13

T.10 (m) These calculations are based on the monthly average returns.
The calculations are from the date on which funds are offered to public.
Funds in the table are ranked by the greatness of the 2016 alpha coefficients.
Alpha and Beta Coefficients for funds offered to public before 24 months are not calculated and are excluded from ratings.
The abbreviations used for Pension Companies given on page 91.
Calculation details for the values ?i?n the table are given in the calculation method link on page 91.

89 Pension Mutual Funds and State Contribution Funds