OYAK Asset Management Fourth Hedge Fund - ODD
Fund Investment Purpose/Strategy
The fund is in the status of a hedge fund to be sold to qualified investors within the framework of the provisions of the relevant communiqué on sales to qualified investors.
The main investment strategy of the fund is to provide absolute return in Turkish Lira. In accordance with the main management strategy, the manager may simultaneously take long or short positions in different money and capital market instruments in order to achieve the Fund's main investment objective. The Fund may invest in any securities directly, or indirectly through derivative instruments.
The Fund has no management restrictions in terms of liquidity or maturity. The Fund portfolio may consist of all assets and transactions specified in article 4 of the Communiqué.
The Fund aims to provide capital gains and increase the portfolio value by investing in money and capital market instruments, other investment instruments deemed appropriate by the Board, contracts to be concluded as a party, financial transactions, and securities, in accordance with its investment forecast.
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 | TL 10,000,000 | 10,000,000 | 100% |
Benchmarking Criteria
| Fund Code | Benchmarking Criteria |
|---|---|
| ODD | 100% BIST-KYD (Turkish Institutional Investment Managers’ Association) 1-Month Deposit TRY Index |
Rates of Fund Management Fees and Entry / Exit Commissions
| Daily Rate of Fund Management Fee | Applied as 0.00273% (two hundred seventy three per ten million) of the Total Fund Value. |
| Annual Rate of Fund Management Fee | About 1% (one percent) per year |
| 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 | Buying orders placed by 1:00 p.m. are processed into transactions at T+1, while selling orders placed by said time are processed into transactions at T+2. | ||||
| 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.
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