Last Update : 09.04.2024 - 13:00

Portfolio Details

Date of Public Offering :04.01.2023
Total Fund Value :22,598,403.23
Unit Fund Value :1.895009
Portfolio Distribution
Domestic Equity%92.91

Fund Investment Purpose/Strategy

Investment strategy of the Fund: At least 80% of the total value of the fund is invested in partnership shares of companies traded in BIST and included in indexes approved to have no interest/be compliant with participation finance principles or exchange-traded fund participation shares established to monitor indexes resulting from those shares.

The principles of participation finance will be taken as a basis in portfolio management.

The fund cannot perform reverse repo, repo, interest-based transactions, options, warrants, and similar interest-generating transactions. Public or private sector debt instruments generating interest are not included in the fund portfolio.

When selecting capital market instruments to invest in, those determined by risk/return assessments and those that are easily convertible into cash are preferred.

The main investment strategy of the fund is to provide absolute return in Turkish Lira.

Only TRY-denominated assets and transactions complying with the principles of a participation fund will be included in the fund portfolio.

Foreign currency assets, and gold and other precious metals and capital market instruments traded on organized markets based on them and/or over-the-counter derivative instruments will not be included in the fund portfolio.

As the fund is a “Stock Intensive Fund,” a minimum of 80% of the Fund portfolio value always consists of partnership shares traded in BİAŞ, except for the shares of securities investment partnerships, and exchange-traded investment funds established to monitor the related indexes of those shares.

Shares of domestically established venture capital investment funds that include the word “participation” in their trade names, TRY-denominated investment funds that include the word “participation” in their trade names, and exchange-traded investment funds may be included.

Fund Documents

Founder / Manager Details

Founder’s Trade NameOYAK Asset Management
Portfolio Manager’s Trade NameOYAK Asset Management

Shareholding Structure of the Founder

OYAK SecuritiesTRY 10,000,00010,000,000100%

Benchmarking Criteria

Fund CodeBenchmarking Criteria
OHK90% BIST Participation 100 Yield Index + 10% BIST- KYD (Turkish Institutional Investment Managers’ Association) 1 Month Dividend TRY Index
Daily Rate of Fund Management FeeApplied as approximately 0.00548% (five point forty eight per hundred thousand) [approximately 2% (two percent) on an annual basis] of the Total Fund Value.
Annual Rate of Fund Management FeeApproximately 2,0% (two per cent) on an annual basis
Entry-Exit CommissionsNo commission is charged when entering or exiting this fund.

Trading Information

Minimum Number of Shares to be Purchased1
Trading Hours8:30 AM – 1:00 PM
Trading PlacesThe trade name and contact details of organizations that have signed an active marketing and distribution contract with the founder can be found below.
OYAK Securities

Ayazağa Mahallesi Kemerburgaz Caddesi Vadi İstanbul Park
7B Blok No:7C Kat:18 Sarıyer / Istanbul
0212 319 12 00

Helpful Information

The Warning Notice issued as per the “Communiqué on Principles Regarding Investment Services and Activities and Ancillary Services”, by the Capital Markets Board: “The information, opinions, and suggestions on investment contained herein do not fall under the purview of investment consulting. The risk and return preferences of each client are taken into consideration by authorized institutions that offer personalized investment consulting services. The comments and recommendations contained herein, on the other hand, are of a general nature. These suggestions might not be appropriate for your financial position and your preferred level of risk and return. Therefore, making an investment decision based solely on the information contained herein may not yield results that meet your expectations.”