7 8 2018 USD Position Reduced

Mostly due to politicial tensions with USA, Turkish Lira lost significant value against other currencies.

Target for USD/TL is reached overnight, thus reducing the USD position by 12.855,18 TL and adding it to fictitious Monthly Interest account #1.

USD position will be kept at these levels for the mid term due to uncertainty. 

EUR/TRY  will be kept at these levels for the mid term due to uncertainty. 

BIST 30 first target is around 123.000-125.000. 

 Initial Target :LONG TERM hold 

To summarize: Fund return in TL is now over Interest return and BIST 30 since inception (15.09.2015). With the recent spike up, USD/TRY-EUR/TRY, GOLD/TRY return is better than the fund  return at the moment.