ALE

Ak Asset Management Money Market (TL) Fund

With Ak Asset Management Money Market fund, you can invest in an instrument with high return and liquidity while avoiding risks.

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ALE

Ak Asset Management Money Market (TL) Fund

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Fund Identity
Asset Allocation
Fund Performance
Frequently Asked Questions
Fund Information

You can invest in an instrument with high return and liquidity while avoiding risks.

With Ak Asset Management Money Market Fund composed of products such as repo, private and public sector bill, and bond, your savings are managed by the professional fund managers of Ak Asset Management. You can purchase and sell whenever you want. Thus, you can earn returns without waiting for maturities. Your money is instantly transferred into your account.

**17.5% withholding tax is applicable for individual investors and 0% withholding tax is applied to the income earned by corporations from mutual funds. Income earned by corporations from mutual funds is subject to corporate tax return.

You will be protected against risks as you invest in fixed income products.
Your savings are managed according to the changing economic conditions by Ak Asset Management experts.

Code

Risk

Name

Price
Day
1M
6M
YTD
1Y
2Y

ALE

1 / 7

Ak Asset Management Money Market (TL) Fund

11.011849
%0.10752
%3.12
%21.51
%3.44
%51.23
%143.31

Trend
Price 11.011849
Recommended Term 3 Month
Subscription Value Date

T + 0
Redemption Value Date

T + 0

Day %0.10752
1M %3.12
6M %21.51
YTD %3.44
1Y %51.23
2Y %143.31

Invested Assets

The fund provides returns by investing in high liquidity money and capital market instruments.

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

Fund Identity

Fund Manager: Ak Asset Management Inc.
Invested Assets: The fund provides returns by investing in high liquidity money and capital market instruments.
Operational Info: Any amount until 2.00 pm, purchases between 2:00 pm - 6:00 pm are equal to the total number of shares returned to the fund. Redemption: Sale can be made 24 hours a day.

Risk Ranking

1 / 7

Recommended Term 3

Short Term

Fund Size 78.200.640.893,23 TL

Share Value 11.011849

Redemption Value Date T + 0

Subscription Value Date T + 0

Management Fee %1,53

Withholding Tax %17,5

Benchmark

55% BIST-KYD REPO (GROSS) + 35% BIST-KYD 1-MONTH DEPOSIT TL + 10% BIST-KYD DIBS 91 DAYS

Asset Allocation

Current Fund Allocation Ratio

Fund Performance

Frequently Asked Questions

Purchases: Until 16:15 with no amount limitation. Between 16:15–18:00, purchase orders can only be placed up to the number of units returned to the fund. Redemptions: Redemption orders can be placed 24 hours a day.

The management fee for the ALE fund is %1,53.

You can perform your purchase transactions through Akbank.

The recommended holding period is 3 months.

Money Market Funds are a type of mutual fund that invests in liquid, short-term debt instruments, cash, and cash equivalents. They can be redeemed on the same day.

The withholding tax rate for Money Market Funds is 17.5%.

The entire fund value is continuously invested in highly liquid money and capital market instruments with a maximum maturity of 184 days. The weighted average maturity of the portfolio, calculated daily, cannot exceed 45 days.

Yes. For those who prefer interest-free investments, there are participation-based funds. The Ak Asset Management Money Market Participation Fund (AIS) is interest-free, investing only in non-interest financing instruments and managed in line with participation principles.

Money Market Funds are considered low-risk investments. Since they invest in short-term fixed-income products, they help protect investors from market risks.

Money Market Funds are required to hold at least 10% of their portfolio in government securities, while Free Money Market Funds are not subject to this requirement.

Yes. If you are an Akbank customer, you can trade 24/7.

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.

High liquidity with instant redemption. Capital protection with a low-risk structure. Short-term, stable returns. Portfolio diversification by investing in instruments such as reverse repos, short-term bonds, and time deposits.

Money Market Funds channel investments into short-term and relatively safe instruments such as time deposits, reverse repos, treasury, and corporate bonds. Daily returns are reflected in the fund value, and investors can redeem their units at any time.

Investments can start from as low as 1 TL.

They can be purchased through your bank’s internet branch or mobile application.