OYAK Asset Management Second Hedge (Foreign Currency) Fund - ODS
Fund Investment Purpose/Strategy
At least 80% of the fund’s total assets are invested in foreign currency-denominated debt securities and lease certificates issued by the Turkish Ministry of Treasury and Finance, as well as money and capital market instruments issued in foreign currencies by domestic issuers. The fund aims to enhance portfolio value through interest income and capital appreciation.
Up to 20% of the fund’s total assets may be allocated to money and capital market instruments issued by foreign entities and/or Turkish Lira-denominated instruments. The fund is exclusively available to qualified investors with a high risk tolerance. You can invest in the fund through OYAK SECURITIES or via the TEFAS platform.
Founder / Manager Details
| Founder’s Trade Name | OYAK Asset Management |
| Portfolio Manager’s Trade Name | OYAK Asset Management |
Shareholding Structure of the Founder
| SHAREHOLDER | VALUE OF SHARES | NUMBER OF SHARES | SHARE PERCENTAGE |
|---|---|---|---|
| OYAK Securities | TL 10,000,000 | 10,000,000 | 100% |
Benchmarking Criteria
| Fund Code | Benchmarking Criteria |
|---|---|
| ODS | 100% BIST-KYD (Turkish Institutional Investment Managers’ Association) 1-Month Deposit USD Index |
Rates of Fund Management Fees and Entry / Exit Commissions
| Daily Rate of Fund Management Fee | Applied as 0.0022% (two point two per hundred thousand) of the Total Fund Value. |
| Annual Rate of Fund Management Fee | Approximately 0.803% (zero point eight hundred three percent) on an annual basis |
| Entry-Exit Commissions | No commission is charged when entering or exiting this fund. |
Trading Information
| Minimum Number of Shares to be Purchased | 1 | ||||
| Trading Hours | Buying orders placed by 1:00 p.m. are processed into transactions at T+1, while selling orders placed by said time are processed into transactions at T+3. | ||||
| Trading Places | The purchase and sale of participation shares are handled by TEFAS-member fund distribution entities as well as the founder. You can access the member organizations by clicking the link below. http://www.takasbank.com.tr/tr/Sayfalar/TEFAS-Uyeler.aspx The trade name and contact details of organizations that have signed an active marketing and distribution contract with the founder can be found below.
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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.”
