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
  • 0.073555
  • %0.11297
  • %3.60
  • %20.11
  • %28.00
  • %46.38
  • %115.46
  • Trend
  • Price 0.073555
  • Recommended Term 3 Month
  • Subscription Value Date
    T + 0
  • Redemption Value Date
    T + 0
  • Day %0.11297
  • 1M %3.60
  • 6M %20.11
  • YTD %28.00
  • 1Y %46.38
  • 2Y %115.46
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.

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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 656.521.215,48 TL
Share Value 0.073555
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

Allows you to invest your savings in interest-free investment products. While the Fund mainly invests in public and private sector lease certificates, it may also turn to non-interest-based products such as gold and real estate to increase returns. The Fund aims to protect your savings from the corrosive effects of inflation and provide returns with completely interest-free products.

Allows you to invest your savings in interest-free investment products. While the Fund mainly invests in public and private sector lease certificates, it may also turn to non-interest-based products such as gold and real estate to increase returns. The Fund aims to protect your savings from the corrosive effects of inflation and provide returns with completely interest-free products.

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  • Last 1 Year Fund Return -
  • Deposit Equivalent Return -
  • Risk Ranking
    • 7
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    • 5
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  • Recommended Term 12 Month
More information