AIS

Ak Asset Management Money Market Participation Fund

Turkey's interest-free money market fund!




How Do I Buy?
AIS
Ak Asset Management Money Market Participation Fund
How Do I Buy?

Evaluate your money interest-free, cash out at any time!

Managed according to participation finance principles, Ak Asset Management Money Market Participation Fund offers savers the opportunity to invest their savings in the short term and cash out at any time.

The entire fund's total value is invested in highly liquid, non-interest-based money and capital market instruments with a maximum of 184 days to maturity in accordance with interest-free/participation finance principles. The weighted average maturity of the fund portfolio calculated on a daily basis does not exceed 45 days, thus aiming to avoid maturity risks.

  • You can buy and sell from any bank.
  • Managed according to interest-free / participation finance principles.
  • You can cash out at any time.
Code
Risk
Name
AIS
1 / 7
Ak Asset Management Money Market Participation Fund
  • 0.081548
  • %0.32726
  • %2.98
  • %22.08
  • %41.91
  • %46.50
  • %120.85
  • Trend
  • Price 0.081548
  • Recommended Term 3 Month
  • Subscription Value Date
    T + 0
  • Redemption Value Date
    T + 0
  • Day %0.32726
  • 1M %2.98
  • 6M %22.08
  • YTD %41.91
  • 1Y %46.50
  • 2Y %120.85
Invested Assets

All of the fund's total value is invested in highly liquid, non-interest-based money and capital market instruments with a maximum of 184 days to maturity in accordance with interest-free/participation finance principles.

You can buy from all banks and intermediary institutions in Turkey.

Trend
Recommended Term
3 Month
Subscription Value Date
T + 0
Redemption Value Date
T + 0

How Can I Invest?

You can easily invest in funds traded on TEFAS from all banks.

You must be an Akbank Customer to invest in funds not traded on TEFAS and Capital Protected Funds. You can easily become an Akbank Customer without visiting a branch.

image description

Fund Identity

Fund Manager
Invested Assets
All of the fund's total value is invested in highly liquid, non-interest-based money and capital market instruments with a maximum of 184 days to maturity in accordance with interest-free/participation finance principles.
Operational Info
Until 1:30 pm except on public holidays.
Risk Ranking
1 / 7
Recommended Term 3

Months

Fund Size 4.402.742.828,95 TL
Share Value 0.081548
Redemption Value Date T + 0
Subscription Value Date T + 0
Management Fee %0,39
Withholding Tax %17,5
Benchmark

BIST-KYD 1 Month Dividend TL Index

Asset Allocation

Current Fund Allocation Ratio

Fund Performance

Frequently Asked Questions

Until 13:00 on weekdays, excluding public holidays.

The management fee for the AIS fund is %0,39.

Yes, you can purchase it through all banks and brokerage firms in Türkiye.

The recommended holding period is 3 months.

Yes, there are participation-based funds available for investors who prefer interest-free investments. Ak Asset Management Money Market Participation Fund (AIS) does not contain interest. It invests only in Sharia-compliant financial instruments and is managed in accordance with participation finance principles.

No. Withholding tax is automatically calculated and applied when you sell the fund.

Corporate investors are subject to 0% withholding tax, and earnings are declared within corporate tax returns.

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