OYAK Asset Management Dividend-Paying First Hedge (TRY) Fund - OKF
Fund Investment Purpose/Strategy
The fund’s portfolio comprises Turkish Lira-denominated debt securities and lease certificates issued by public and private sector entities, asset-backed and asset-guaranteed securities, equities traded on Borsa İstanbul, repo and reverse repo transactions, futures, options, other derivative instruments, structured investment products, as well as investments in private equity and venture capital funds.
The fund invests exclusively in Turkish Lira-denominated assets and does not include foreign currencies, gold, or other precious metals.
In accordance with Capital Markets legislation governing the sale of funds to qualified investors, the fund is offered to legal entities and collective investment institutions, including associations, foundations, pension funds, and cooperatives.
Dividend distributions are made in March, June, September, and December. Dividend principles are disclosed via the Public Disclosure Platform (KAP).
The fund is suitable for legal entities and collective investment institutions with low to medium risk tolerance.
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 |
|---|---|
| OKF | The threshold value of the fund has been determined as the BIST TLREF Index. |
Rates of Fund Management Fees and Entry / Exit Commissions
| Daily Rate of Fund Management Fee | Approximately 0.00685% (six point eighty five per hundred thousand) of the Total Fund Value |
| Annual Rate of Fund Management Fee | It is applied at an annual rate of approximately 2.5% (two point five per cent). |
| Entry-Exit Commissions | No commission is charged when entering or exiting this fund. |
Trading Information
| Minimum Number of Shares to be Purchased | The minimum amount in the first buying order for each investor is TL 5,000,000 (five million Turkish Liras). A first buying order below this value will not be accepted. The minimum limit will not be applied to the new buying orders of the existing fund participation share holders. There is no minimum limit on selling orders for investors. | ||||
| 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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