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    <pre style="white-space:pre-line"><code>Bireysel Emeklilik Sistemi 2013 GeliÅŸim Raporu
2 - Emeklilik YatÄ±rÄ±m FonlarÄ± ve Devlet KatkÄ±sÄ± FonlarÄ±

                Fon GruplarÄ± ve Alternatif YatÄ±rÄ±m AraÃ§larÄ± Getirileri (2003 - 2013)                                                                                          G.20

                         2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2003 - 2013
            400

            350

            300

            250

            200

Getiri (%)  150

            100

            50

            0

            -50

            -100  Hisse   BIST100   KYD TL       KYD TL       Kamu    Esnek  BES KYD KYD KYD A                   Likit Kamu KYD B UluslararasÄ±
                  Senedi              Bono        Bono     BorÃ§lanma
                                   Endeksleri  Endeksleri                        Eurobond Eurobond      Tipi     BorÃ§lanma  Tipi
                                                               (TL)
                                   182 GÃ¼n       91 GÃ¼n                          Endeksleri Endeksleri  Fon      (YP) Fon
                                                                                                                                   Endeksi
                                                                                 USD - TL EURO -TL      Endeksi

Bireysel Emeklilik Sistemi fon gruplarÄ± mavi olarak yazÄ±lmÄ±ÅŸtÄ±r.
Grafikte yer alan siyah sÃ¼tunlar 2003 - 2013 yÄ±llarÄ± arasÄ±ndaki bileÅŸik getiriyi ifade etmektedir.

YukarÄ±daki grafikte yÄ±llar itibarÄ± ile emeklilik yatÄ±rÄ±m fonlarÄ±nÄ±n fon gruplarÄ± ve alternatif yatÄ±rÄ±m araÃ§larÄ±nÄ±n getirilerine yer verilmiÅŸtir. Fon
gruplarÄ± ve BES iÃ§in yÄ±llÄ±k getiriler hesaplanÄ±rken ilgili yÄ±l iÃ§inde halka arz edilen fon o yÄ±lÄ±n hesaplamasÄ±na dahil edilmemiÅŸ; ve gÃ¼nlÃ¼k
fon getirileri, gÃ¼nlÃ¼k net varlÄ±k deÄŸerleri ile aÄŸÄ±rlÄ±klandÄ±rÄ±lmÄ±ÅŸtÄ±r. Sistemin baÅŸÄ±ndan itibaren getiri hesaplamasÄ±nda ise yÄ±llÄ±k getirilerden
bileÅŸik getiri hesaplamasÄ± yapÄ±lmÄ±ÅŸtÄ±r.

AÅŸaÄŸÄ±daki grafik ise fon gruplarÄ± ve alternatif yatÄ±rÄ±m araÃ§larÄ±nÄ±n 2013 yÄ±lÄ± iÃ§indeki getiri seyirlerini gÃ¶stermektedir.                                                     G.21

              Fon GruplarÄ± ve Alternatif YatÄ±rÄ±m AraÃ§larÄ± 2013 YÄ±lÄ± Getirileri

                               Kamu BorÃ§lanma (TL)         Esnek                 Likit                           Hisse Senedi
                                Kamu BorÃ§lanma (YP)        UluslararasÄ±          Standart                        KÄ±ymetli Maden
                               KYD TL TÃ¼m Bono Endeksi     BIST100               KYD TL 91 GÃ¼nlÃ¼k Bono Endeksi   KYD AltÄ±n Fiyat Endeksi
                               DÃ¶viz Sepeti                BES

Endeks      130
            125
            120
            115
            110
            105
            100

             95
             90
             85
             80

                  01.2013
                               02.2013
                                            03.2013
                                                         04.2013
                                                                       05.2013
                                                                                    06.2013
                                                                                                  07.2013
                                                                                                               08.2013
                                                                                                                             09.2013
                                                                                                                                          10.2013
                                                                                                                                                        11.2013
                                                                                                                                                                     12.2013

                                                                             76</code></pre>
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