MAC Mutual Fund

We aim to generate a satisfactory absolute return in excess of Turkish risk free rates in the long run via fundamental stock-picking. Currently we manage one long-only equity fund with UCITS-like traits. Our fund is registered to be traded on Turkey Electronic Fund Trading Platform TEFAS (www.fundturkey.com.tr) and can be accessed via all banks and brokers in Turkey.

The Marmara Capital Equity Fund invests in Turkish equities, aiming to generate absolute return. The fund’s strategy is investing in a concentrated portfolio comprising shares of companies trading at a significant discount to their underlying values, identified by fundamental company research.   The fund should invest at least 80% of its assets into Turkish equities and may hold cash reserves for the remaining balance. The fund may also hedge its positions if there are no attractive investments available, instead of remaining fully invested at all times.