OYAK Asset Management EQUITY (TRY) PARTICIPATION FUND (STOCK INTENSIVE FUND) - OHK
Fund Investment Purpose/Strategy
Investment strategy of the Fund: At least 80% of the total value of the fund is invested in partnership shares of companies traded in BIST and included in indexes approved to have no interest/be compliant with participation finance principles or exchange-traded fund participation shares established to monitor indexes resulting from those shares.
The principles of participation finance will be taken as a basis in portfolio management.
The fund cannot perform reverse repo, repo, interest-based transactions, options, warrants, and similar interest-generating transactions. Public or private sector debt instruments generating interest are not included in the fund portfolio.
When selecting capital market instruments to invest in, those determined by risk/return assessments and those that are easily convertible into cash are preferred.
The main investment strategy of the fund is to provide absolute return in Turkish Lira.
Only TRY-denominated assets and transactions complying with the principles of a participation fund will be included in the fund portfolio.
Foreign currency assets, and gold and other precious metals and capital market instruments traded on organized markets based on them and/or over-the-counter derivative instruments will not be included in the fund portfolio.
As the fund is a “Stock Intensive Fund,” a minimum of 80% of the Fund portfolio value always consists of partnership shares traded in BİAŞ, except for the shares of securities investment partnerships, and exchange-traded investment funds established to monitor the related indexes of those shares.
Shares of domestically established venture capital investment funds that include the word “participation” in their trade names, TRY-denominated investment funds that include the word “participation” in their trade names, and exchange-traded investment funds may be included.
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 Criteria |
|---|---|
| OHK | 90% BIST Participation 100 Yield Index + 10% BIST- KYD (Turkish Institutional Investment Managers’ Association) 1 Month Dividend TRY Index |
| Daily Rate of Fund Management Fee | Applied as approximately 0.00548% (five point forty eight per hundred thousand) [approximately 2% (two percent) on an annual basis] 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 Hours | 8:30 AM – 1:00 PM |
| 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 |
