OYAK Asset Management Second Fund Basket Fund - OFI
Fund Investment Purpose/Strategy
The fund invests at least 80% of its total assets in units of mutual funds and exchange-traded funds (ETFs), aiming to generate sustainable returns over the medium to long term.
It seeks to maintain risk balance through sectoral and geographical diversification by allocating capital to both domestic and foreign equity-focused investment funds.
The fund may invest in foreign equity securities, ETFs, and depositary receipts; however, the share of foreign assets cannot exceed 80% of the fund’s total value.
The fund is exclusively available to 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 |
|---|---|
| OFI | Fund’s threshold value 100% BIST-KYD (Turkish Institutional Investment Managers’ Association) 1-Month Deposit TRY Index + 2% |
Rates of Fund Management Fees and Entry / Exit Commissions
| Daily Rate of Fund Management Fee | Applied as approximately 0.00342% (three point forty two per hundred thousand) [approximately 1.25% (one point twenty five percent) on an annual basis] of the Total Fund Value. |
| Annual Rate of Fund Management Fee | Approximately 1.25% (one point twenty five per cent) 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 | 8:30 a.m – 1:00 p.m. | ||||
| Trading Places | 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.”
