OYAK Asset Management Ninth Venture Capital Investment Fund - ODZ
Fund Investment Purpose/Strategy (Summarized)
The fund aims to become a partner in joint stock and limited liability companies with high growth potential through capital injection or share transfer, or to be a founder of venture companies.
The fields of activity of the venture companies that the fund aims to invest in are as follows: infrastructure investment and services, construction, food, healthcare, agriculture, mining, finance, informatics, technology, transportation, manufacturing, energy and similar investment services.
If the fund sees a potential, it will be able to invest also in venture companies and venture capital investment funds operating in sectors other than these sectors.
The fund may invest in debt instruments issued by venture companies. Provided that the risk arising from investments is limited to the principal amount directed to investment, it may invest directly in institutions established abroad for the purpose of collective investment in order to make capital investments only in venture companies defined in the Communiqué.
The fund may also invest in companies that are established abroad as of the date of investment, but at least 80% of the assets of which, according to their latest annual financial statements, consist of subsidiaries or affiliates established in Türkiye.
The criteria for selecting companies to invest in will be their potential for establishing a corporate management infrastructure, suitability to operational development, sustainability, and the ability to create value-added products.
Exit strategies for investments: Exiting investments made in debt instruments will require redemption or sale, and exiting investments made by forming a partnership or a business will require public offering, sale to the founding partner, sale to a strategic partner, or sale to a third party.
Fund Documents
Founder / Manager Details
| Founder’s Trade Name | OYAK Asset Management |
| Portfolio Manager’s Trade Name | OYAK Asset Management |
Shareholding Structure of the Founder
| SHAREHOLDER | VALUE OF SHARES | NUMBER OF SHARES | SHARE PERCENTAGE |
|---|---|---|---|
| OYAK Securities | TRY 10,000,000 | 10,000,000 | 100% |
Benchmarking Criteria
| Fund Code | Benchmarking Criterion |
|---|---|
| ODZ | There is no Benchmarking Criterion. |
| Daily Rate of Fund Management Fee | Applied as approximately 0.00548 % (five point forty eight per hundred thousand) of the Total Fund Value. |
| Annual Rate of Fund Management Fee | Approximately 2,0% (two per cent) on an annual basis |
| Entry-Exit Commissions | No commission is charged when entering or exiting this fund. |
Trading Information
| Minimum Number of Shares to be Purchased | 1 |
| Trading Places | The trade name and contact details of organizations that have signed an active marketing and distribution contract with the founder can be found below. |
| OYAK Securities www.oyakyatirim.com.tr Ayazağa Mahallesi Kemerburgaz Caddesi Vadi İstanbul Park 7B Blok No:7C Kat:18 Sarıyer / Istanbul 0212 319 12 00 |
