OYAK Asset Management Debt Instruments Special Fund for OYAK Members and Employees - OGF
Fund Investment Purpose/Strategy
Investing in partnership shares, debt instruments and/or other capital market instruments traded in the stock market, issued by group companies within the scope of the regulations of the Army Aid Foundation (OYAK) regarding the Board's financial reporting standards. In addition, since it is a “debt instruments fund”; at least 80% of the total value of the fund will be continuously invested in fixed and/or floating interest-rate debt instruments issued by domestic issuers.
Within the scope of said investment strategy, the aim is to invest primarily and predominantly in private sector debt instruments with low credit risk and fixed income, issued by OYAK group companies, and to actively manage the maturity of the fund portfolio and the asset distribution in line with market interest forecasts and maximize the yield of private sector debt instruments.
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 |
|---|---|
| OGF | 35% BIST KYD (Turkish Institutional Investment Managers’ Association) Private Sector Index (Variable) 35% BIST KYD Private Sector Index (Fixed) 20% BIST KYD 91 DİBS (Government Debt Securities) + 10% BIST KYD Repo (Gross) |
Rates of Fund Management Fees and Entry / Exit Commissions
| Daily Rate of Fund Management Fee | Applied as 0.0026% (twenty six per million) of the Total Fund Value. |
| Annual Rate of Fund Management Fee | Approximately 0.95% (zero point ninety five 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 | Buying and selling orders placed by 1:00 p.m. are processed into transactions at T+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.
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