ONK

Ak Asset Management Twelveth Hedge (Foreign Currency - Euro) Fund

Make the most of your Euro without waiting for maturity!

How Do I Buy? Download Fund Factsheet
ONK
Ak Asset Management Twelveth Hedge (Foreign Currency - Euro) Fund
How Do I Buy?

Ak Asset Management Twelfth Free (Currency-Euro) Fund is designed for savers who prefer to invest their savings in Euro (EUR) in the short term.

The fund aims to invest in highly liquid domestic and global instruments. In this respect, the fund appeals to savers targeting short-term, Euro-denominated returns with relatively low risk. There is no exit commission in the fund.

The fund's asset selection and risk-return balance are determined by credit assessment committees and detailed analyses conducted with Ak Asset Management's expertise.

According to the legislation, only qualified investors can invest in the fund.

*The risk value indicated is the risk value calculated for the Fund's foreign currency denominated units, while the risk value of TL denominated units is 5.

**17.5% withholding tax is applicable for individual investors and 0% withholding tax is applied to the income earned by corporations from mutual funds. Income earned by corporations from mutual funds is subject to corporate tax return.

  • You can buy and sell from any bank.
  • Direct in/out with EUR
  • 17.5% withholding tax on foreign currency earnings
  • Exit without waiting for maturity
  • Ease of implementation, transparent return tracking
Code
Risk
Name
ONK
3 / 7
Ak Asset Management Twelveth Hedge (Foreign Currency - Euro) Fund
  • 1.059971
  • -
  • %0.22
  • %1.32
  • %1.52
  • %2.85
  • -
  • Trend
  • Price 1.059971
  • Recommended Term 3 Month
  • Subscription Value Date
    T + 1
  • Redemption Value Date
    T + 2
  • Day -
  • 1M %0.22
  • 6M %1.32
  • YTD %1.52
  • 1Y %2.85
  • 2Y -
Invested Assets

At least 80% of the total value of the fund is continuously invested in debt instruments and lease certificates issued in foreign currency by the Ministry of Treasury and Finance of the Republic of Turkey and in foreign currency denominated money and capital market instruments of domestic issuers.

You can buy from all banks and intermediary institutions in Turkey.

Trend
Recommended Term
3 Month
Subscription Value Date
T + 1
Redemption Value Date
T + 2

How Can I Invest?

You can easily invest in funds traded on TEFAS from all banks.

You must be an Akbank Customer to invest in funds not traded on TEFAS and Capital Protected Funds. You can easily become an Akbank Customer without visiting a branch.

image description

Fund Identity

Fund Manager
Invested Assets
At least 80% of the total value of the fund is continuously invested in debt instruments and lease certificates issued in foreign currency by the Ministry of Treasury and Finance of the Republic of Turkey and in foreign currency denominated money and capital market instruments of domestic issuers.
Operational Info
Until 1:30 pm except on public holidays.
Risk Ranking
3 / 7
Fund Size 1.273.894.896,52 EUR
Share Value 1.059971
Redemption Value Date T + 2
Subscription Value Date T + 1
Management Fee %0,75
Withholding Tax %17,5
Benchmark

BIST-KYD 1-Month Deposit EUR (TL) Index

Asset Allocation

Current Fund Allocation Ratio

Fund Performance

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