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Borsa İstanbul: BIST-KYD Indices Ground Rules Are Revised

Date 18/01/2016

BIST-KYD Indices Ground Rules are revised by the BIST-KYD Indices Commitee based on the Communiqué on Principles of Investment Funds, effective on July 1, 2014, eliminating the difference between A and B type funds. The following decisions are effective as from January 15, 2016, upon the approval of Borsa İstanbul management:

  1. BIST-KYD Type A Fund Index and BIST-KYD Type B Fund Index will be no longer be calculated as from January 29, 2016.
  2. Based on the fund classification scheme and guide announced by the Turkish Capital Markets Association, BIST-KYD Fixed Income Fund Index and BIST-KYD Equity Fund Index will start to be calculated as from January 15, 2016.
  3. BIST-KYD Fixed Income Indices and BIST-KYD Equity Fund Indices will be calculated retrospectiely and announced as from January 4, 2016, with starting values of 100 and starting dates of December 31, 2015.
  4. The weighing method of BIST-KYD Fund Indices is changed from total fund value weighted to equal weighted.

Please click for the updated version of the BIST-KYD Indices Ground Rules. http://www.borsaistanbul.com/en/indices/bist-kyd-indices