BGP

Ak Asset Management Third Money Market (TL) Fund

Make the most of your money without waiting for the recommended period!

  • At Akbank and All Banks
How Do I Buy? Download Fund Factsheet
BGP
Ak Asset Management Third Money Market (TL) Fund
How Do I Buy?

Make the most of your money without waiting for the recommended period!

Ak Asset Management Third Money Market Hedge (TL) Fund allows savers to invest their assets in a highly liquid instrument in the short term.

Ak Asset Management Third Money Market Hedge (TL) Fund allows you to invest in a basket of short-term deposit, repo and bank bond products. This way, you can generate returns by avoiding risks and cash out your investments at any time.

Contents of the fund are updated with Ak Asset Management experience and smart models according to economic developments.

*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 can earn returns without waiting for the recommended period.
  • You are protected from risks as you invest in fixed income products.
  • You can invest with no minimum investment requirement.
Code
Risk
Name
BGP
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Ak Asset Management Third Money Market (TL) Fund
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  • Trend
  • Price -
  • Recommended Term 3 Month
  • Subscription Value Date
    T + 0
  • Redemption Value Date
    T + 0
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  • 6M -
  • YTD -
  • 1Y -
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Invested Assets

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

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
Ak Asset Management Inc.
Invested Assets
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. You can buy from all banks and intermediary institutions in Türkiye.
Operational Info
Until 1:30 pm except on public holidays.
Risk Ranking
1 / 7
Recommended Term 3

Months

Fund Size 51.660.487.410,6 TL
Share Value 5.950086
Redemption Value Date T + 0
Subscription Value Date T + 0
Management Fee %0,49
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

Until 13:30 on weekdays, excluding public holidays.

The management fee for the BGP fund is 0,49%.

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

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.

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.

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