Fortis launches funds in Turkey

Fortis Investments and its wholly owned Turkish entity Fortis Portfoy have launched two new 100% capital-protected onshore funds for Turkish investors.

The launch comes nine months after the two banks offered the first capital-protected fund in Turkey in November last year. The two companies plan to release two new funds every quarter.

The fourth Fortisbank B type 100% capital-protected fund is a nine-month investment that offers investors a return of the higher of either 9.5% or the average ret

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