JUNE 2013 - FEAS

FEDERATION OF EURO-ASIAN STOCK EXCHANGES ANNUAL REPORT JUNE 2013
FINANS ASSET MANAGEMENT
Finans Asset Management is the leading
Exchange Traded Fund (ETF) provider in
Turkey.
Tolga Kotan
Executive President
Finans Asset Management, a subsidiary of
Finansbank, is the leading Exchange Traded
Fund (ETF) provider 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 recent turmoil in global financial
markets. Investors now seek financial
products that offer flexibility, transparency,
ease of transaction, cost efficiency and safety.
Changing investor needs have already started
to shape the future of financial products.
Finans Asset Management, an issuer of many
innovative financial products, has a strong
commitment to play a significant role in shaping
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 in the
performance of equities, fixed income assets,
commodities and currencies, 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. Also, ETFs can be traded
throughout the trading day.
ETFs can be traded in a single transaction
through any brokerage house with access to
the Istanbul Stock Exchange. Retail investors
can buy and sell ETFs through internet
banking, telephone banking, etc. ETFs are
also investment instruments that 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 also lower for exchange traded funds. ETFs
are priced based on their Net Asset Values,
and investors can follow the price moves
continuously during trading hours. Moreover,
ETFs’ holdings are published on a daily basis.
Finans Asset Management launched the first
exchange traded fund in Turkey in 2005 with the
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 launched the GÜMÜŞ
Istanbul Silver Type B Silver Exchange Traded
Fund, the First Silver ETF in Turkey that provides
exposure to the performance of silver, and
Dollar Exchange Traded Fund, the First ETF
in Turkey that provides exposure to US$/TRY
parity, on May 2, 2012.
With its expertise and commitment to exchange
traded funds, Finans Asset Management will
continue to expand its product portfolio and
geographic presence in the near future.
CONTACT INFORMATION
Contact Name Mr. Tolga Kotan E-mail tolga.kotan@finansportfoy.com Website www.finansportfoy.com
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