CJD

Ak Asset Management Eighth Hedge (Foreign Currency) Fund

A New Alternative for Your EUR Savings!

A New Alternative for Your EUR Investments!

Ak Asset Management Eighth Hedge (Foreign Currency) Fund aims to generate relatively high returns on your EUR-denominated savings.

In accordance with the Fund’s primary investment strategy, the Fund aims to generate capital gains and increase portfolio value by investing in debt instruments and lease certificates issued in foreign currency by the Ministry of Treasury and Finance of the Republic of Turkey, as well as money and capital market instruments issued in foreign currency by domestic issuers, as well as other investment instruments, contracts, financial transactions, and securities deemed appropriate by the Board, with the aim of generating capital gains and increasing the portfolio’s value.

By adding Turkish Lira-denominated money and capital market instruments to the fund's portfolio, a significant open position may be created in the fund's portfolio. (For example: US Dollar Short / Turkish Lira Long) This situation could lead to losses in portfolio value in a scenario of a sudden depreciation of the Turkish Lira.

*Since it is a hedge fund, only qualified investors can invest.

Threshold Criterion
*100% BIST-KYD 1-Month USD Deposit Index (for Class B shares)

*100% BIST-KYD 1-Month EUR Deposit Index (for Class C shares)

  • Direct entrance/exit with EUR
  • 17.5% withholding tax on foreign currency earnings
  • Exit without waiting for the recommended period!
CJD
3 / 7
  • 0.932527
  • %0.03111
  • %0.92
  • %-12.21
  • %-12.00
  • %-12.01
  • %-12.24
  • Trend
  • Price 0.932527
  • Recommended Term 12 Month
  • Subscription Value Date
    T + 1
  • Redemption Value Date
    T + 1
  • Day %0.03111
  • 1M %0.92
  • 6M %-12.21
  • YTD %-12.00
  • 1Y %-12.01
  • 2Y %-12.24
Invested Assets

Trend
Recommended Term
12 Month
Subscription Value Date
T + 1
Redemption Value Date
T + 1

Fund Identity

Fund Manager
Invested Assets
Operational Info
Until 1:30 pm except on public holidays in Türkiye, the US and the UK
Risk Ranking
3 / 7
Recommended Term 12

Months

Fund Size 288.185.341,97 EUR
Share Value 0.932527
Redemption Value Date T + 1
Subscription Value Date T + 1
Management Fee %1,5
Withholding Tax %17,5
Number of Investors 2.464
Benchmark

Threshold criterion:%100 BIST-KYD 1-Month Government Domestic Debt (TRY) Index [B Group] payers %100 BIST-KYD 1-Month Government Domestic Debt (EUR) Index [C Group] payers

Asset Allocation

Current Fund Allocation Ratio

Fund Performance

Frequently Asked Questions

Foreign currency hedge funds are mutual funds with a flexible investment strategy that invest the majority of their portfolio in foreign currency-denominated assets and FX-based financial instruments.
For detailed information regarding the fund’s investment strategy and portfolio structure, the TEFAS platform and the fund prospectus may be reviewed.

In fund purchase-sale transactions, T (Transaction Day), the day on which the investor gives the order, is taken as the basis:
T+1 (Purchase): Fund participation shares are transferred to your account within 1 business day following the order.
T+3 (Sale): The sale amount is reflected in your account within 3 business days following the order.
These periods are general practice; exact settlement periods and foreign holiday dates may vary according to the principles specified in each fund's prospectus.

The recommended period is 24 months.

Yes. The performance of foreign currency hedge funds may be affected by exchange rate movements due to the foreign currency-denominated assets in the portfolio. For detailed information, the fund prospectus may be reviewed.

Hedge funds are funds offered only to qualified investors and may pursue more flexible investment strategies in portfolio management.
For detailed information regarding qualified investor criteria, the fund prospectus may be reviewed.

The fund management fee is the fee charged over the total size in mutual funds in return for the product's management processes. It is included in the fund price daily and accrued automatically.

The CJD fund may be suitable for qualified investors who want to invest in foreign currency-denominated investment instruments and accept the hedge fund structure. For detailed information, the fund prospectus should be reviewed.

A qualified investor is an investor who is deemed to have the financial knowledge, experience and financial capability to evaluate the risks of capital market instruments and who meets the criteria specified under the relevant regulations. For detailed information, the relevant regulations and the fund prospectus should be reviewed.

No. Since the funds are traded on a foreign currency basis, changes in exchange rates are directly reflected in fund performance. For current information, the fund prospectus should be reviewed.

Foreign currency hedge funds are mutual funds with a flexible investment strategy that invest the majority of their portfolio in foreign currency-denominated assets and FX-based financial instruments.
For detailed information regarding the fund’s investment strategy and portfolio structure, the TEFAS platform and the fund prospectus may be reviewed.

In fund purchase-sale transactions, T (Transaction Day), the day on which the investor gives the order, is taken as the basis:
T+1 (Purchase): Fund participation shares are transferred to your account within 1 business day following the order.
T+3 (Sale): The sale amount is reflected in your account within 3 business days following the order.
These periods are general practice; exact settlement periods and foreign holiday dates may vary according to the principles specified in each fund's prospectus.

The recommended period is 24 months.

Yes. The performance of foreign currency hedge funds may be affected by exchange rate movements due to the foreign currency-denominated assets in the portfolio. For detailed information, the fund prospectus may be reviewed.

Hedge funds are funds offered only to qualified investors and may pursue more flexible investment strategies in portfolio management.
For detailed information regarding qualified investor criteria, the fund prospectus may be reviewed.

The fund management fee is the fee charged over the total size in mutual funds in return for the product's management processes. It is included in the fund price daily and accrued automatically.

The CJD fund may be suitable for qualified investors who want to invest in foreign currency-denominated investment instruments and accept the hedge fund structure. For detailed information, the fund prospectus should be reviewed.

A qualified investor is an investor who is deemed to have the financial knowledge, experience and financial capability to evaluate the risks of capital market instruments and who meets the criteria specified under the relevant regulations. For detailed information, the relevant regulations and the fund prospectus should be reviewed.

No. Since the funds are traded on a foreign currency basis, changes in exchange rates are directly reflected in fund performance. For current information, the fund prospectus should be reviewed.

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