What awaits investors?
Expected Return of the Fund: The internal rate of return that the Fund will provide to its investors is expected to be above 60% in Turkish Lira terms. Although this rate is an indication, it does not represent a commitment.
Threshold Rate of Return: The simple average of the CPI and the change in the US Dollar/Turkish exchange rate determines the threshold rate of return when the investor remains in the fund. The mentioned rate is determined to be used in calculating the preferred share distribution to Group A1 and A2 shareholders and does not constitute a commitment.
Fonun Faaliyet Süresi: Maxis Portföy Yönetim Şirketi tarafından kurulan Fonun süresi 10 yıldır. Fonun yatırım dönemine karşılık gelen ilk 5 yılı. Fonun sonraki 5 yılı yatırımlardan çıkış dönemi olarak belirlenir. Fonun süresi yatırım döneminde 1 yıl, çıkış döneminde 1 yıl olmak üzere toplam 2 yıl uzatılabilir.
Exit Options: The average holding period of investments is estimated to be 4-7 years. The most likely exit options are the acquisitions of the startups by another investor, a strategic player, or an IPO.
Distribution of the Profit: The income generated from the exits will be distributed to the investors. In case there are an equal number of exits each year during the exit period, The Fund will make the payments in parts. The income obtained from the exits will be distributed on an investor basis in the following order:
1. Distributing to the investor the amount corresponding to the principal invested
2. Distribution of investor threshold return
3. Distribution of an amount equal to 25% of the investor threshold return amount to A1 and A2 group investors holding preferred shares
4. Distribution of 80% of the remaining amount to the investors and 20% to the A1 and A2 group investors holding preferred shares
