OYAK Asset Management First Short-Term Debt Instruments (TRY) Fund - OKP
Fund Investment Purpose/Strategy
The fund aims to provide investors stable returns by investing in low-risk capital market instruments with high liquidity.
At least 80% of the fund’s total assets are allocated to Turkish Lira-denominated government and corporate debt securities. The portfolio is managed to maintain a weighted average maturity of 25 to 90 days.
The fund does not invest in foreign currencies, gold, precious metals, or derivative instruments.
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 |
|---|---|
| OKP | 45% BIST-KYD (Turkish Institutional Investment Managers’ Association) DİBS (Government Debt Securities) 91-Day Index 45% BIST-KYD ÖSBA (Private Sector Debt Instruments) Fixed Index 10% BIST-KYD Repo (Gross) Index |
Rates of Fund Management Fees and Entry / Exit Commissions
| Daily Rate of Fund Management Fee | Applied as 0.00383% (three point eighty three per hundred thousand) of the Total Fund Value. |
| Annual Rate of Fund Management Fee | Approximately 1.40% (one point forty 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 between 8:30 a.m and 1:00 p.m. are processed into transactions at T+0. 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 | ||||
| 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.”
