OYAK Asset Management Gold Participation Fund - OGD - OGD
Fund Investment Purpose/Strategy
The fund aims to invest at least 80% of its total assets in exchange-traded gold and gold-backed money and capital market instruments.
In addition to gold and gold-linked assets, the portfolio may include equity securities, participation accounts, binding unilateral promises (wa’d), lease certificates issued by public and private institutions, and other non-interest-bearing money and capital market instruments approved by the Capital Markets Board of Türkiye.
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 |
|---|---|
| OGD | 90% BIST- KYD (Turkish Institutional Investment Managers’ Association) Gold Price Weighted Average Index 10% BIST- KYD One-Month Dividend (TRY) Index |
Rates of Fund Management Fees and Entry / Exit Commissions
| Daily Rate of Fund Management Fee | Applied as 0.0048% (forty eight per hundred thousand) of the Total Fund Value. |
| Annual Rate of Fund Management Fee | Approximately 1.752% (one point seven hundred fifty two 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 | Buying and selling orders placed by 1:00 p.m. are processed into transactions at T+1. | ||||||
| Trading Places | Participation shares may be purchased and sold through the Founder, and also through institutions that have active marketing and distribution agreements with the Founder and through organizations that distribute funds and are TEFAS members. 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.
| ||||||
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.”
