PUC

Ak Asset Management First Short-Term (TL) Hedge Fund

High liquidity and daily returns on your company investments.

  • High liquidity

High liquidity and daily return for your short-term individual and corporate savings

High liquidity and daily return for your short-term individual and corporate savings

**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.

  • Investment in products with fixed income and high liquidity.
  • Investment opportunity from Akbank and all other banks.
  • Easy, daily return follow-up.
PUC
2 / 7
  • 7.427198
  • %0.10021
  • %3.30
  • %21.69
  • %28.62
  • %47.92
  • %133.31
  • Trend
  • Price 7.427198
  • Recommended Term 3 Month
  • Subscription Value Date
    T + 0
  • Redemption Value Date
    T + 0
  • Day %0.10021
  • 1M %3.30
  • 6M %21.69
  • YTD %28.62
  • 1Y %47.92
  • 2Y %133.31
Invested Assets

The monthly weighted average maturity of the fund portfolio will be a minimum of 25 days and a maximum of 90 days. Assets for which the number of days to maturity cannot be calculated are not included in the fund portfolio. 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.

image description

Fund Identity

Fund Manager
Invested Assets
The monthly weighted average maturity of the fund portfolio will be a minimum of 25 days and a maximum of 90 days. Assets for which the number of days to maturity cannot be calculated are not included in the fund portfolio. You can buy from all banks and intermediary institutions in Türkiye.
Operational Info
Until 1:30 pm except on public holidays.
Risk Ranking
2 / 7
Recommended Term 3

Months

Fund Size 442.559.812,3 TL
Share Value 7.427198
Redemption Value Date T + 0
Subscription Value Date T + 0
Management Fee %1
Withholding Tax %17,5
Benchmark

BIST-KYD 1-Month Deposit TL Index

Asset Allocation

Current Fund Allocation Ratio

Fund Performance

Frequently Asked Questions

Until 13:30, excluding public holidays.

You can purchase it through all banks and brokerage institutions in Türkiye.

The recommended period is 2 weeks.

No. If you sell the fund, it is calculated over the income you earn and accrued automatically.

Income earned by corporate investors from mutual funds is subject to 0% withholding tax and corporate tax declaration.

In fund purchase-sale transactions, T (Transaction Day), the day on which the investor gives the order, is taken as the basis:
T+0 (Purchase): Following the order, fund participation shares are transferred to your account within 0 business days.
T+0 (Sale): Following the order, the sale amount is reflected in your account within 0 business days. T+0 means that the purchase or sale order is processed on the day it is given.
These periods are general practice; exact settlement periods and foreign holiday dates may vary according to the principles specified in each fund's prospectus.

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

Money market funds are low-risk investment products. Since you invest in short-term fixed-income products, you are protected against risks.

While money market funds are required to hold a minimum of 10% GDDS, hedge money market funds do not have this obligation.

Money market funds direct the invested money to short-term and relatively secure instruments such as time deposits, reverse repo, treasury and private sector bills. The daily returns obtained are reflected in the fund value, and investors can convert their participation shares into cash whenever they wish.

It is possible to invest even with very low amounts such as TRY 1.

You can purchase it through your bank’s internet branch and mobile application.

The fund management fee is the fee charged over the total size in mutual funds in return for the product's management processes. It is included in the fund price daily and accrued automatically.

Until 13:30, excluding public holidays.

You can purchase it through all banks and brokerage institutions in Türkiye.

The recommended period is 2 weeks.

No. If you sell the fund, it is calculated over the income you earn and accrued automatically.

Income earned by corporate investors from mutual funds is subject to 0% withholding tax and corporate tax declaration.

In fund purchase-sale transactions, T (Transaction Day), the day on which the investor gives the order, is taken as the basis:
T+0 (Purchase): Following the order, fund participation shares are transferred to your account within 0 business days.
T+0 (Sale): Following the order, the sale amount is reflected in your account within 0 business days. T+0 means that the purchase or sale order is processed on the day it is given.
These periods are general practice; exact settlement periods and foreign holiday dates may vary according to the principles specified in each fund's prospectus.

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

Money market funds are low-risk investment products. Since you invest in short-term fixed-income products, you are protected against risks.

While money market funds are required to hold a minimum of 10% GDDS, hedge money market funds do not have this obligation.

Money market funds direct the invested money to short-term and relatively secure instruments such as time deposits, reverse repo, treasury and private sector bills. The daily returns obtained are reflected in the fund value, and investors can convert their participation shares into cash whenever they wish.

It is possible to invest even with very low amounts such as TRY 1.

You can purchase it through your bank’s internet branch and mobile application.

The fund management fee is the fee charged over the total size in mutual funds in return for the product's management processes. It is included in the fund price daily and accrued automatically.

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