The fund is in the status of a hedge fund to be sold to qualified investors within the framework of the provisions of the relevant communiqué on sales to qualified investors.
For the purpose of gaining incremental earnings, trading profit or rental income; to invest in commercial real estate, land, parcel, residence, office, shopping mall, hotel, logistics center, warehouse, park, parking lot, dormitory, hospital, and any real estate deemed appropriate by the Board. For this purpose, said real estates may be purchased, sold, rented, leased out, or a preliminary purchase and sale contract may be signed for them. Investments may be made in the shares of joint stock companies investing in domestic real estate, real estate certificates, and participation shares of other real estate investment funds, provided that they are subjected to a certificate of authorization. However, the investment criteria within the scope of the Fund's investment strategy may differ for each real estate type.
Since the fund is established on the basis of participation principles, it cannot perform reverse repo, repo, interest-based futures, options, warrants, and swap transactions, and similar interest-generating transactions. Public or private sector debt instruments generating interest are not included in the fund portfolio.
It is essential that the assets that may be included in the fund portfolio and the transactions to be made on behalf of the fund are assets and transactions that comply with the principles of interest-free finance. In this context, assets and transactions approved by the Advisory Board with a certificate of authorization will be included in the fund portfolio.
