Page 10 - Turkinsurance Digital Magazine

10 at a glance

The BPH Equity Fund, which is among the Pension Mutual Funds of BNP Paribas
Cardif Emeklilik, has provided a 2022% return to its investors in the last 5 years!

environment, have provided better returns than the KYD
deposit index, which is a benchmark for deposit returns.

BNP Paribas Cardif Emeklilik continues its growth
in Voluntary Private Pension System (BES) and Auto
Enrollment System (OKS), in parallel with the rapid
development of the Private Pension sector, supported by
high government incentives and regulatory adjustments.
Cemal Kişmir, General Manager of BNP Paribas Cardif
Turkey, stated that they offer the management of BES funds
to their customers through TEB Portföy Yönetimi A.Ş.,
an experienced and innovative company in the Portfolio
Management sector. He said, “As BNP Paribas Cardif
Emeklilik, we closely monitor the management of the funds
we offer to BES participants and ensure that our participants
are regularly informed about the fund returns. In 2024, we
In the list of the most profitable funds of BNP Paribas aim to increase the value we add to our investors’ savings
Cardif Emeklilik in the last 5 years, the BPH Equity Pension with our funds, which have been among the top performers
Investment Fund is followed by the BNA Gold Fund, the BPE in Turkey.”
Balanced Variable Fund, the BPU First Public External Debt
Instruments Fund, and the BPK Second Public External BNP Paribas Cardif Turkey General Manager Cemal Kişmir
Debt Instruments Fund. also explained the expectations for the fund markets in the
upcoming period: “With the impact of changing monetary
BNP Paribas Cardif Emeklilik is making its investors happy and fiscal policies, TL asset classes are expected to provide
with the Pension Mutual Funds it has established. As of May better returns than foreign currency-indexed asset classes
20, 2024, the company’s Equity Pension Investment Fund in the coming period. Especially, the current levels of TL
(BPH) topped both the 1-year and 5-year return lists. The interest rates are considered to be quite attractive. Therefore,
BPH Equity Pension Investment Fund has provided a 205% we expect our funds investing in TL assets to stand out in
return to its investors in the last year and reached a 2022% the upcoming period. Therefore, we recommend that our
return over the last 5 years! investors increase the weight of funds investing in Turkish
Lira in their portfolios according to their risk appetite. We
When we look at the list of the most profitable funds in the last suggest our Equity Fund (BPH) and Balanced Variable
5 years up to May 20, 2024, the Equity Pension Investment Fund (BPE) for investors who can take more risk, while we
Fund (BPH) is followed by the Gold Pension Investment recommend our Absolute Return Targeted Variable Pension
Fund (BNA), the Balanced Variable Pension Investment Investment Fund (BNB) and BPL Money Market Fund for
Fund (BPE), the First Public External Debt Instruments investors who prefer to take less risk. Additionally, in the
Pension Investment Fund (BPU), and the Second Public coming period, we also expect the supportive environment
External Debt Instruments Pension Investment Fund (BPK). for the dollar price of gold to continue, as it is anticipated
It has been noted that the BNP Paribas Cardif Emeklilik that major central banks in global markets will cut interest
funds, which invest in asset classes such as stocks, gold, rates.”
and Eurobonds that protect investors in a high inflation

Hepiyi Sigorta Celebrates Its 2nd Anniversary

Hepiyi Sigorta, which issued its first policy on June 17, 2022,
celebrated its 2nd anniversary with a picnic event held in
Polonezköy. The event, which was attended by employees along
with their families, featured a full day of activities in a nature-
friendly environment. Employees enjoyed various activities
such as team games, nature walks, and engaging workshops,
fostering team spirit and having fun.

In his speech at the event, Hepiyi Sigorta General Manager
Şenol Ortaç thanked all employees for their performance and
dedication, which have contributed to Hepiyi Sigorta’s success.