GENERAL PRINCIPLES TO BE APPLIED IN FUTURES CONTRACTS
| General Principles to Be Applied In Futures Contracts |
| Futures Contracts That Require Being a Party |
Index and Interest Contracts |
| Determining the assets, which constitute the subject of the contract |
To be determined according to the assets in portfolio |
| Possible risks |
Acting for the purpose of decreasing the correlation between spot market and futures markets in hedge transactions |
| Amount of open positions |
Amount of open positions calculated according to Capital Market legislation, cannot exceed the total portfolio amount outside private equity investments; in so far as; futures contract which stipulates the amount of open position, cannot exceed the ratio of security which constitute the subject of the contract to total portfolio outside the private equity investments. Valuation principles related to the off |
| exchange futures contract |
The Company will not be a party to off exchange futures contract |