Page 21 - Turkinsurance Digital Magazine

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While the fund amount of the participants in the Private
Pension System was TL 205.5 million in 2021, according
to the EGM data of January 2023, this ratio grew by 94.5
percent and reached TL 399.9 billion. At the end of 2022,
stock funds became the fund group that earned the most to its

investors with a yield rate of 185.62 percent, while precious
metals funds became the fund with the highest occupancy
rate of the year.

At the end of 2021, the fund size of the Equity funds delivered a
participants in the Private Pension System
(BES) increased by 49.9 percent compared 185.6 percent return
to the end of 2020, from TL 137 billion
93 million to TL 205 billion 573.5 million. Equity funds that provided a 44.94 percent
Since 2021, BES has made a significant return to their participants at the end of
breakthrough and has grown by 94.5 per- 2021 became the group that provided the
cent in the size of its participating funds. highest percentage of return to their par-
According to the EGM data, as of Janu- ticipants at the end of 2022. The monthly
ary 2023, the number of funds collected occupancy rates of stock funds with a re-
at BES was TL 399.9 billion, while the turn of 185.6 percent were 6.14 percent
number of participants approached 8 mil- in January, -2.91 percent in February,
lion. At the end of the year, stock funds, 14.79 percent in March, 7.44 percent in
participation funds, mixed & flexible funds, April, 5.21 percent in May, -3.96 percent
precious metals, debt instruments, basket in June, 9.72 percent in July, 19.84 per-
funds, and money market funds were the cent in August, 1.02 percent in September,
funds that earned the most proportionally, 20.26 percent in October, 24.39 percent in
respectively. November and It reached 11.93% in De-
cember.

Monthly rate of return of fund groups in 2022 (%)
Fund December November October September August July June May April March February January
Mixed & Flexible Funds 5,07 9,35 7,41 2,50 10,78 5,63 0,27 3,01 5,21 6,53 0,00 3,61
Debt Instruments 2,28 5,18 3,23 1,69 4,54 6,43 -2,20 6,00 0,88 5,92 1,35 1,37
Fund Basket Funds 2,80 9,15 5,00 -2,23 4,77 6,82 -3,33 6,82 -0,36 5,94 -2,97 1,48
Stock 11,93 24,39 20,26 1,02 19,84 9,72 -3,96 5,21 7,44 14,79 -2,91 6,14
Participation Funds 7,04 12,53 8,76 4,56 8,54 5,25 0,55 4,45 3,63 8,69 1,63 3,74
Precious Metals 5,60 7,02 -1,08 0,14 0,31 5,07 -0,30 7,42 -0,26 7,95 9,08 -0,91
Money Market 1,90 1,46 1,26 1,94 1,99 1,65 1,38 1,09 1,43 1,30 1,19 1,30