Monday, September 17, 2018

17 9 2018 BIST 30 Position reduced

With the recent increase in interest rates, it makes more sense to shift capital (30.000 TL) from BIST30 to interest account #1.
The weekly graphs are below. The current strategy would be to keep the position till things calm down. BIST 30 position will be increased around 10%lower from current levels.

To summarize; Fund return has been beaten by USD/TRY, EUR/TRY, and GOLD/TRY return since inception due to recent depreciation of Turkish Lira.  

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