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PART I: INTRODUCTION
MUTUAL FUNDS
As per the new capital markets legislation
no. 6362, the Bank transferred the 11
mutual funds it created to its subsidiary
Vakıf Portföy Yönetimi A.Ş. (Vakıf
Portfolio Management). Vakıf Portfolio’s
money market funds and short term debt
instruments fund can be traded via all
branches, investment centers, as well as
alternative distribution channels such as
Internet banking, call center, ATMs and
mobile banking. All the other funds can
be accessed via the branches and internet
banking, over the TEFAS Platform (Turkish
Electronic Fund Trading Platform).
Under the administration of expert portfolio
managers with strategies tailored to meet the
needs of its customers, Vakıf Portfolio holds a
6.29% market share in mutual funds as of year-
end 2015, with total assets under management
(AUM) of TL 2.1 billion.
GOLD BANKING AND GOLD DAYS
As one of the first banks to launch gold
banking, VakıfBank makes its 25 years of
experience in this segment available to
customers through its branches as well as
alternative channels.
VakıfBank’s gold trading volume reached
nearly 60 tons in 2015, with a gold reserve
volume of 6.5 tons. As part of VakıfBank Gold
Days, initiated in early 2013 and held every
Wednesday, Cumhuriyet gold coins in quarters
and halves as well as all-carat gold jewelry
including bracelets, rings, and necklaces are
assessed by gold experts and corresponding
amounts are deposited into customers’ Golden
Era Accounts in grams of gold. Gold Days
were organized at 574 branches in 2015 and
VakıfBank will expand this initiative further in
2016.
TRADING VOLUME
NEARLY
60
TONS
GOLD RESERVE
6.5
TONS
