FEDERATION OF EURO-ASIAN STOCK EXCHANGES
ANNUAL REPORT JUNE 2012
FINANS ASSET MANAGEMENT
With its expertise and commitment to
exchange traded funds, Finans Asset
Management will continue to expand
its product portfolio and geographic
presence.
C. Ozgur Guneri
Executive President
Finans Asset Management, a subsidiary of
Finansbank, is one of the leading Exchange
Traded Fund (ETF) providers in Turkey. In
addition to Exchange Traded Funds, Finans
Asset Management also manages mutual
funds, pension funds and discretionary
portfolios for high net-worth individuals and
institutions.
Investors’ needs and expectations have been
changing rapidly following the unpleasant
memories of the recent global turmoils.
Investors now seek for financial products
which offer flexibility, transparency, ease
of transaction, cost efficiency and safety.
Changing investor needs have already started
shaping the future of financial products.
Finans Asset Management, the provider of
many innovative financial products, has strong
commitment to play a significant role to shape
the future of investment services in Turkey.
Award winning Exchange Traded Funds offered
by Finans Asset Management attract high
foreign investor interest with many advantages
such as diversification, core holding, flexibility,
continuous pricing, transparency, ease of
transaction and ease of operations.
Exchange traded funds have become a
major tool for investors to invest directly to
the performance of equities, fixed income
assets, commodities and currency etc. Clearly,
an exchange traded fund congregates the
key features of traditional mutual funds and
individual stocks. ETFs represent a variety of
securities that track specific indices, like index
mutual funds. Besides, ETFs can be traded on
the trading day in Istanbul Stock Exchange.
ETFs can be traded through any brokerage
house with access to the Istanbul Stock
Exchange.
Retail investors can buy and sell ETFs
through internet banking, telephone banking
etc. Investors can trade ETFs with a single
transaction through any brokerage house.
ETFs are also investment instruments which
can provide instant exposure to a wide range of
securities. Investors can diversify their portfolio
by choosing an index ETF, rather than taking
concentrated risks by purchasing individual
securities. ETFs reduce costs and can be
traded with a narrow spread. Management
fees are lower for exchange traded funds.
ETFs are priced based on their Net Asset
Values, investors can follow the price moves
continuously during the trading hours. ETFs’
holdings are published on a daily basis on their
web sites.
Finans Asset Management launched the first
exchange traded fund in Turkey in 2005, Dow
Jones Istanbul 20 ETF. Since then, Finans
Asset Management launched 5 more ETFs
covering gold, Turkish equities and Turkish
Government Fixed Income. In an attempt to
meet investors’ increasing demand, Finans
Asset Management recently launched two
brand new ETFs. GÜMÜŞ Istanbul Silver Type
B Silver Exchange Traded Fund, the First Silver
ETF in Turkey that provides exposure to the
performance of silver and Dolar Exchange
Traded Fund, the First ETF in Turkey that
provides exposure to USD / TRY parity, were
listed on May 2nd in 2012.
With its expertise and commitment to exchange
traded funds, Finans Asset Management will
continue to expand its product portfolio and
geographic presence.
CONTACT INFORMATION
Contact Name Mr. C. Ozgur Guneri
PAGE 14
E-mail [email protected]
Website www.finansportfoy.com