OYAK Asset Management Precious Metals Fund Basket Fund - OTJ
Fund Investment Purpose/Strategy
At least 80% of the fund’s total assets are allocated to domestic and foreign investment funds based on precious metals, as well as exchange-traded funds (ETFs) that track precious metals indices.
The fund aims to build a diversified portfolio primarily composed of gold, silver, platinum, and palladium.
It may flexibly adjust its asset allocation depending on market conditions and may invest in foreign investment instruments. 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 |
|---|---|
| OTJ | 35% Bloomberg Gold Price (TRY) (The value calculated by multiplying the spot gold ounce price in international US Dollars with the code “XAU” announced on Bloomberg, with the TCMB’s (Central Bank of the Republic of Türkiye) buying rate) 35% Bloomberg Silver Price (TRY) (The value calculated by multiplying the spot silver ounce price in international US Dollars with the code “XAG” announced on Bloomberg, with the TCMB’s (Central Bank of the Republic of Türkiye) buying rate) 10% Bloomberg Platinum Price (TRY) (The value calculated by multiplying the spot platinum ounce price in international US Dollars with the code “XPT” announced on Bloomberg, with the TCMB’s (Central Bank of the Republic of Türkiye) buying rate) 10% Bloomberg Palladium Price (TRY) (The value calculated by multiplying the spot palladium ounce price in US Dollars with the code “XPD” announced in Bloomberg, with the TCMB’s (Central Bank of the Republic of Türkiye) buying rate) 10% BIST TLREF Index |
Rates of Fund Management Fees and Entry / Exit Commissions
| Daily Rate of Fund Management Fee | Applied as 0.00274% (two point seventy four per hundred thousand) of the Total Fund Value. |
| Annual Rate of Fund Management Fee | Approximately 1.0% (one 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.”
