AJE

Ak Asset Management Third Hedge (Foreign Currency) Fund

Increase the value of your savings in dollars!

  • At Akbank and selected institutions

Increase the value of your savings in dollars with Ak Asset Management Third Hedge Fund!

With Ak Asset Management Third Hedge Fund, you can increase the value of your dollar-denominated investments.

The value estimation and risk-return balance of the fund are determined by the credit rating committees executed through Ak Asset Management expertise and as a result of detailed analyses.

Only eligible investors can invest in the fund as per the legislation

The fund aims that the investors benefit from eurobond returns.

*The stated risk level reflects the risk value calculated for the fund’s foreign-currency-denominated units. The risk value for TL-denominated units is 6.

  • Medium term investment in dollars
  • Entrance/exit in USD directly
  • 17.5% withholding over foreign exchange earnings
AJE
3 / 7
  • 1.326228
  • %0.03062
  • %0.34
  • %1.90
  • %2.62
  • %3.82
  • %7.85
  • Trend
  • Price 1.326228
  • Recommended Term 42 Month
  • Subscription Value Date
    T + 1
  • Redemption Value Date
    T + 2
  • Day %0.03062
  • 1M %0.34
  • 6M %1.90
  • YTD %2.62
  • 1Y %3.82
  • 2Y %7.85
Invested Assets

At least 80% of the total value of the fund is continuously invested in foreign currency denominated debt instruments and lease certificates issued by the Republic of Türkiye Ministry of Treasury and Secretary and foreign currency denominated money and capital market instruments of domestic issuers.

Trend
Recommended Term
42 Month
Subscription Value Date
T + 1
Redemption Value Date
T + 2

Fund Identity

Fund Manager
Invested Assets
At least 80% of the total value of the fund is continuously invested in foreign currency denominated debt instruments and lease certificates issued by the Republic of Türkiye Ministry of Treasury and Secretary and foreign currency denominated money and capital market instruments of domestic issuers.
Operational Info
Until 1:30 pm except on public holidays.
Risk Ranking
3 / 7
Recommended Term 42

Months

Fund Size 58.464.752,92 USD
Share Value 1.326228
Redemption Value Date T + 2
Subscription Value Date T + 1
Management Fee %1,1
Withholding Tax %17,5
Number of Investors 933
Benchmark

100% BIST-KYD Public Eurobond USD Index

Asset Allocation

Current Fund Allocation Ratio

Fund Performance

Frequently Asked Questions

Foreign currency hedge funds are mutual funds with a flexible investment strategy that invest the majority of their portfolio in foreign currency-denominated assets and FX-based financial instruments. For detailed information regarding the fund’s investment strategy and portfolio structure, the TEFAS platform and the fund prospectus may be reviewed.

In fund purchase-sale transactions, T (Transaction Day), the day on which the investor gives the order, is taken as the basis:
T+1 (Purchase): Fund participation shares are transferred to your account within 1 business day following the order.
T+2 (Sale) The sale amount is transferred to your account within 2 business days following the order.
These periods are general practice; exact settlement periods and foreign holiday dates may vary according to the principles specified in each fund's prospectus.

The recommended period is 1 month.

Yes. The performance of foreign currency hedge funds may be affected by exchange rate movements due to the foreign currency-denominated assets in the portfolio.
For detailed information, the fund prospectus may be reviewed.

Hedge funds are funds offered only to qualified investors and may pursue more flexible investment strategies in portfolio management. For detailed information regarding qualified investor criteria, the fund prospectus may be reviewed.

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.

The AJE fund may be suitable for qualified investors who prefer foreign currency-based investment instruments and accept the hedge fund structure.
For detailed information, the fund prospectus should be reviewed.

The fund’s return may vary depending on exchange rates, interest rates, and the performance of the assets in the portfolio. For detailed information, the fund prospectus should be reviewed.

A qualified investor is an investor who is deemed to have the financial knowledge, experience and financial capability to evaluate the risks of capital market instruments and who meets the criteria specified under the relevant regulations.
For detailed information, the relevant regulations and the fund prospectus should be reviewed.

No. Since the funds are traded on a foreign currency basis, changes in exchange rates are directly reflected in fund performance. For current information, the fund prospectus should be reviewed.

Foreign currency hedge funds are mutual funds with a flexible investment strategy that invest the majority of their portfolio in foreign currency-denominated assets and FX-based financial instruments. For detailed information regarding the fund’s investment strategy and portfolio structure, the TEFAS platform and the fund prospectus may be reviewed.

In fund purchase-sale transactions, T (Transaction Day), the day on which the investor gives the order, is taken as the basis:
T+1 (Purchase): Fund participation shares are transferred to your account within 1 business day following the order.
T+2 (Sale) The sale amount is transferred to your account within 2 business days following the order.
These periods are general practice; exact settlement periods and foreign holiday dates may vary according to the principles specified in each fund's prospectus.

The recommended period is 1 month.

Yes. The performance of foreign currency hedge funds may be affected by exchange rate movements due to the foreign currency-denominated assets in the portfolio.
For detailed information, the fund prospectus may be reviewed.

Hedge funds are funds offered only to qualified investors and may pursue more flexible investment strategies in portfolio management. For detailed information regarding qualified investor criteria, the fund prospectus may be reviewed.

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.

The AJE fund may be suitable for qualified investors who prefer foreign currency-based investment instruments and accept the hedge fund structure.
For detailed information, the fund prospectus should be reviewed.

The fund’s return may vary depending on exchange rates, interest rates, and the performance of the assets in the portfolio. For detailed information, the fund prospectus should be reviewed.

A qualified investor is an investor who is deemed to have the financial knowledge, experience and financial capability to evaluate the risks of capital market instruments and who meets the criteria specified under the relevant regulations.
For detailed information, the relevant regulations and the fund prospectus should be reviewed.

No. Since the funds are traded on a foreign currency basis, changes in exchange rates are directly reflected in fund performance. For current information, the fund prospectus should be reviewed.

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