PUR

Ak Asset Management First Money Market Hedge (TL) Fund

Ak Asset Management First Money Market Hedge (TL) Fund, which consists of products that can be redeemed at any time such as short-term deposits, repo and bank bonds, allows companies to utilize their cash assets.

  • High liquidity
Download Fund Factsheet
PUR
Ak Asset Management First Money Market Hedge (TL) Fund

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

Ak Asset Management First Money Market Hedge (TL) Fund, which consists of products that can be redeemed at any time such as short-term deposits, repo and bank bonds, allows companies to utilize their cash assets.

**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.
  • Easy, daily return follow-up.
Code
Risk
Name
PUR
1 / 7
Ak Asset Management First Money Market Hedge (TL) Fund
  • 9.473022
  • %0.10760
  • %3.27
  • %20.21
  • %15.51
  • %48.89
  • %138.61
  • Trend
  • Price 9.473022
  • Recommended Term 3 Month
  • Subscription Value Date
    T + 0
  • Redemption Value Date
    T + 0
  • Day %0.10760
  • 1M %3.27
  • 6M %20.21
  • YTD %15.51
  • 1Y %48.89
  • 2Y %138.61
Invested Assets

The entire fund portfolio is continuously invested in highly liquid money and capital market instruments with a maximum of 184 days remaining until maturity. The daily calculated weighted average maturity of the fund portfolio is maximum 45 days.

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 entire fund portfolio is continuously invested in highly liquid money and capital market instruments with a maximum of 184 days remaining until maturity. The daily calculated weighted average maturity of the fund portfolio is maximum 45 days.
Operational Info
Until 3:30 pm except on public holidays.
Risk Ranking
1 / 7
Recommended Term 3

Months

Fund Size 124.662.752.986,49 TL
Share Value 9.473022
Redemption Value Date T + 0
Subscription Value Date T + 0
Management Fee %1,3
Withholding Tax %17,5
Benchmark

BIST-KYD 1-Month Deposit TL Index

Asset Allocation

Current Fund Allocation Ratio

Fund Performance

Frequently Asked Questions

Buy and sell transactions can be executed between 09:00 and 16:15 through Akbank T.A.Ş. Through ING Bank A.Ş., Odeabank A.Ş., Burganbank A.Ş., and Şekerbank A.Ş. distribution channels, trading can be executed between 09:00 and 15:00.

The management fee for the PUR fund is 1,3%.

You may purchase the fund through Akbank and our contracted distribution channels..

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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