ODN

Ak Asset Management Fourteenth Hedge (Foreign Exchange) Fund

A new alternative for your medium-term foreign exchange – USD savings!

For your medium term USD investments!

Ak Asset Management Fourteenth Hedge (Foreign Exchange) Fund; It aims to provide relatively high returns on your USD savings in the medium term.

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.

In order to benefit from the Turkish Lira interest return in addition to the USD return, the fund may carry an open position by adding TL-denominated money and capital market instruments to its portfolio. (For example: US Dollar Short / Turkish Lira Long)

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

  • Medium-term dollar investment
  • Direct entry/exit with USD
  • 17.5% withholding tax on foreign exchange earnings
  • Opportunity to exit without waiting for maturity
  • Trend
  • Price -
  • Subscription Value Date
    T + 1
  • Redemption Value Date
    T + 2
  • Day -
  • 1M -
  • 6M -
  • YTD -
  • 1Y -
  • 2Y -
Invested Assets

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.

Trend
Subscription Value Date
T + 1
Redemption Value Date
T + 2

Fund Identity

Fund Manager
Invested Assets
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.
Operational Info
Risk Ranking
7 / 7
Fund Size 3.379.287,07 USD
Share Value 1.178365
Redemption Value Date T + 2
Subscription Value Date T + 1
Management Fee %2
Withholding Tax %17,5
Benchmark

BIST KYD 1 Month Deposit USD Index

Asset Allocation

Current Fund Allocation Ratio

Fund Performance

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