Par cipa on 50 Index Presenta on
Par cipa on 50 Index • It is a stock index composed of stocks traded at Borsa Istanbul conforming to Par cipa on Banking principles. • Stock selec on is made according to Index Rules in line with these principles. • Accordingly, the index covers companies ,of which field of ac vity is in compliance with these rules. • Furthermore, companies to be included in the index must meet certain financial ratios. Why Par cipa on 50 Index
• Trading volume in line with interest-free investment and Par cipa on Banking principles has increased in the recent years. • Private Pension System (BES) funds inves ng in this perspec ve started to operate for the last few years. • Many organiza ons make different prac ces tailored to investors’ needs. • The need for a standard has emerged in the sector. Index Business Partners • Index Sponsors are all Par cipa on Banks. Par cipa on Banks set the minimum standards and gave support to their prepara on. • Index Advisors are Par cipa on Banks Associa on of Turkey and Bizim Menkul Değerler. BMD is the index provider in the framework of Index Rules. • Index Calculator is Borsa Istanbul (BIST). BIST makes calcula ons and data distribu ons. Index Rules
The Index covers companies of which field of ac vity does not involve: • Interest-based financing, trade, services and intermedia on • Alcoholic beverages, gambling, games of chance, • Pork and similar food, • Tourism, entertainment, press, publica on and adver sement, • Tobacco products and weapons, • Futures gold, silver and currency trade. Index Rules
Companies to be included in the index must meet certain financial rates. • The rate of total interest loans of companies to market value should be lower than 30%, • The rate of interest-bearing cash and securi es to market value should be lower than 30% and • The rate of income obtained from the men oned ac vi es to total income should be lower than 5%. Areas of Use • Indicator, comparison • Investment funds, index funds • Exchange traded funds • Private pension funds • Reference for stock transac ons • Stocks to be accepted for guarantee • Alterna ve, mixed and deriva ve products • Products for foreign investors Index Licensing
• Par cipa on 50 Index can be licensed on product basis by third par es and can be used in products such as investment fund. • To this end, Index License Agreement is signed with the Index Advisor. • Index Advisor carries out this process on behalf of Par cipa on Banks. Index Companies
KE50_040814 Stock Code Stock Title KE50_040814 Stock Code Stock Title 1 BIMAS Bim Mağazalar 26 BUCIM Bursa Çimento 2 EREGL Ereğli Demir Çelik 27 BOLUC Bolu Çimento 3 THYAO Türk Hava Yolları 28 TKNSA Teknosa İç ve Dış Ticaret 4 ENKAI Enka İnşaat 29 LOGO Logo Yazılım 5 ULKER Ülker Bisküvi 30 PETUN Pınar Et Ve Un 6 FROTO Ford Otosan 31 ALKIM Alkim Kimya 7 PETKM Petkim 32 KIPA Tesco Kipa 8 KOZAL Koza Al n 33 EGEEN Ege Endüstri 9 PGSUS Pegasus 34 INDES Indeks Bilgisayar 10 TTRAK Türk Traktör 35 TMSN Tümosan Motor ve Traktör 11 AYGAZ Aygaz 36 EGSER Ege Seramik 12 ASYAB Asya Ka lım Bankası 37 AFYON Afyon Çimento 13 AKSA Aksa 38 ERBOS Erbosan 14 AKCNS Akçansa 39 ADESE Adese Alışveriş Ticaret 15 CIMSA Çimsa 40 VESBE Vestel Beyaz Eşya 16 ALBRK Albaraka Türk 41 HEKTS Hektaş 17 ADANA Adana Çimento (A) 42 CEMTS Çemtaş 18 SELEC Selçuk Ecza Deposu 43 ROYAL Royal Halı 19 PNSUT Pınar Süt 44 IHMAD İhlas Madencilik 20 KONYA Konya Çimento 45 ALCAR Alarko Carrier 21 GOODY Good-Year 46 BFREN Bosch Fren Sistemleri 22 MRDIN Mardin Çimento 47 GENTS Gentaş 23 SODA Soda Sanayii 48 UNYEC Ünye Çimento 24 KARTN Kartonsan 49 PARSN Parsan 25 NUHCM Nuh Çimento 50 ASLAN Aslan Çimento * Stocks are listed according to their weight in the index. Sector Distribu on
PARTICIPATION 50 W. AND RETAIL TRADE 3% 2% TRANSPORTATION BASIC METAL 6% METAL PRODUCTS, MACH. 27% 7% CHEM.,PETROL.,PLASTIC FOOD, BEVERAGE 7% CONSTRUCTION NON-METAL MIN.PRODUCT 8% MINING 15% BANKS 9% INF. TECHNOLOGY 14% WOOD, PAPER, PRINTING TEXTILE, LEATHER
(August 2014, approximately) Market Value
Floa ng Market Value (billion TL) Par cipa on 50 - Share(%)
Par cipa on 50 BIST INDUSTRIALS BIST 100 BIST INDUSTRIALS BIST 100
159.62 80.1%
36.56 45.65 22.9%
(August 2014, approximately) Index Informa on • Index code is KAT50. The Index is composed of 50 stocks. • Stocks are composed of Group A & B stocks, including Real Estate Investment Trusts and Venture Capital Investment Trusts , traded at BIST Na onal Market and Corporate Products Market. • Stocks in the index are subject to quarterly periodic review. • The commencement date is 09.07.2014. The ini al value is Par cipa on 30 Index on 08.07.2014. ka limendeksi.org THANK YOU……. Par cipa on 50 Index Presenta on