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Methodology
KYD indices for both A and B type funds are calculated using market cap weighted
method. ·
Selection of Index Constituents
KYD Fund index constituents represent those funds that have the largest market capitalization
and the largest number of fund shares. In order to select constituent funds for
each type of index ( A and B Type Fund indices ), the first step is to rank all
funds in two different tables according to their total market capitalizations and
then also according to their total number of 'fund shares held'. Afterwards, funds'
final ranking values are determined by adding up these two different rankings coming
from both tables (Market cap and number of shares). Then only the top (first) 50
funds are selected as constituents for their respective indices ( A Type Fund Index
or B Type Fund Index ). In cases where the final ranking values are equal between
two funds, the fund with the largest market capitalization is selected as a constituent.
Rebalancing of Index Constituents ( Funds )
Quarterly structural adjustments are made on KYD Fund Indices in order to reflect
current market conditions accurately. These rebalancings are made in the months
of January, April, July and October. In order to see recent rebalancing changes
and index constituents in different quarters please click here...
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Name of Fund |
Definition of Fund Indices |
Index Calculation Formula |
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KYD A Type Fund Index : |
This index is constructed using market cap weighted methodology from those top 50
A Type Funds that are selected according to the largest market cap and largest number
of shares criteria. |
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KYD B Type Fund Index : |
This index is constructed using market cap weighted methodology from those top 50
B Type Funds that are selected according to the largest market cap and largest number
of shares criteria. |
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n
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Number of funds in the index
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Fig
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Daily price rate of return of i th fund on day g |
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PDig
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The average value of the total market capitalizations based on the last 30 business
days for i number of funds on day g
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PDg
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The sum of the averages of market capitalizations based on the last 30 business
days for n number of funds on day g |
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Click here for all news. |
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15.08.2008
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AMENDMENT AT TKYD BOARD MEMBERSHIP
Due to his military duty, Mr. Alp Keler, General Manager of Fo...
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30.10.2006
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20th IIFA 2006 CONFERENCE TO BEGIN IN ISTANBUL - International Investment Funds Association (IIFA) ...
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