Announcement Regarding the Changes Made to the Fund Guide and the Regulation of the Responsible Management Principles Guide

"On November 21, 2024, the Capital Markets Board of Türkiye issued an update regarding the Changes Made to the Fund Guide and the Regulation of the Responsible Management Principles Guide. The changes included revisions to the Investment Fund Regulation and the introduction of a new guide for responsible management principles." The update specified that the Investment Fund Regulation had been revised to include definitions, risk-based differentiation of investment strategies for participation funds, rules for hedging negative returns, restrictions on fund names, and requirements for unit prices. Additionally, the Responsible Management Principles Guide was introduced to provide a framework for investment companies to apply responsible management principles. The guide specified that investment companies must report on their application of these principles through standard reports. The update also mentioned that the Investment Fund Regulation had been revised to include definitions, risk-based differentiation of investment strategies for participation funds, rules for hedging negative returns, restrictions on fund names, and requirements for unit prices. No further changes were made to the Responsible Management Principles Guide itself.