PAL

Ak Asset Management Sixth Foreign Exchange Hedge Fund

Short Term Foreign Currency Investment...

Ak Asset Management Sixth Free Foreign Exchange Fund is a new alternative for short-term appreciation of your dollar investments!

The fund invests in relatively short-term eurobonds and highly liquid foreign currency instruments. In this respect, the fund appeals to savers who aim for a return similar to dollar deposits without waiting for maturity with relatively low risk. There is no exit commission in the fund.

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

Only qualified investors can invest in the fund as per the legislation

The Fund aims to provide returns around dollar-denominated deposits.

*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 6.

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

  • Short-term dollar denominated investment
  • Input/output directly with USD
  • 17.5% withholding tax on foreign currency earnings
PAL
3 / 7
  • 1.145589
  • -
  • %0.35
  • %1.93
  • %2.19
  • %3.96
  • %8.58
  • Trend
  • Price 1.145589
  • Recommended Term 12 Month
  • Subscription Value Date
    T + 1
  • Redemption Value Date
    T + 2
  • Day -
  • 1M %0.35
  • 6M %1.93
  • YTD %2.19
  • 1Y %3.96
  • 2Y %8.58
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.

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

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 3.144.259.191,26 USD
Share Value 1.145589
Redemption Value Date T + 2
Subscription Value Date T + 1
Management Fee %0,85
Withholding Tax %17,5

Asset Allocation

Current Fund Allocation Ratio

Fund Performance

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Fund Information