OYAK Asset Management First Short-Term Debt Instruments (TRY) Fund - OKP

Last Update : 27.05.2024 - 14:00

Portfolio Details

Date of Public Offering :02.09.2019
Total Fund Value :6,420,126.81
Unit Fund Value :2.540611
Portfolio Distribution
Private Sector Debt Instruments (Bonds)%17.71
Takasbank Money Market Transactions and Domestic Organized Money Market Transactions%13.99
Financing Bill%55.65
Public Debt Instruments%7.70
Private Sector Lease Certificate%4.95
Total%100.00

Fund Investment Purpose/Strategy

Assets that comply with the regulations of the Capital Markets Board, the Umbrella Fund's bylaws, and fund’s prospectus are selected for the fund portfolio. Capital market instruments which are less risky and which are easily convertible into cash are preferred when selecting capital market instruments in which an investment will be made in accordance with the investment strategy of the Fund.

At least 80% of the fund's total value is continuously invested in TRY-denominated public and private sector debt instruments, and the monthly weighted average maturity of the fund portfolio is between a minimum of 25 and a maximum of 90 days. An issuer's money and capital market instruments may not account for more than 10% of the total value of the fund.
Derivative instruments may be included in the fund portfolio for hedging and/or investment purposes.

The rules specified in the prospectus are followed for contracts signed outside the stock market.
The fund portfolio may not contain assets for which the number of days till maturity cannot be determined.

The main investment strategy of the fund is to provide absolute return in Turkish Lira. Only TRY-denominated assets and transactions 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.

Founder / Manager Details

Founder’s Trade NameOYAK Asset Management
Portfolio Manager’s Trade NameOYAK Asset Management

Shareholding Structure of the Founder

SHAREHOLDERVALUE OF SHARESNUMBER OF SHARESSHARE PERCENTAGE
OYAK SecuritiesTL 10,000,00010,000,000100%

Benchmarking Criteria

Fund CodeBenchmarking Criteria
OKP45% BIST-KYD (Turkish Institutional Investment Managers’ Association) DİBS (Government Debt Securities) 91-Day Index
45% BIST-KYD ÖSBA (Private Sector Debt Instruments) Fixed Index
10% BIST-KYD Repo (Gross) Index

Rates of Fund Management Fees and Entry / Exit Commissions

Daily Rate of Fund Management FeeApplied as 0.00383% (three point eighty three per hundred thousand) of the Total Fund Value.
Annual Rate of Fund Management FeeApproximately 1.40% (one point forty per cent) on an annual basis
Entry-Exit CommissionsNo commission is charged when entering or exiting this fund.

Trading Information

Minimum Number of Shares to be Purchased1
Trading HoursBuying and selling orders placed between 8:30 a.m and 1:00 p.m. are processed into transactions at T+0.

The purchase and sale of participation shares are handled by TEFAS-member fund distribution entities as well as the founder. You can access the member organizations by clicking the link below.
http://www.takasbank.com.tr/tr/Sayfalar/TEFAS-Uyeler.aspx
Trading PlacesThe trade name and contact details of organizations that have signed an active marketing and distribution contract with the founder can be found below.

Trade NameContact Details
OYAK Securitieswww.oyakyatirim.com.tr
Ayazağa Mahallesi Kemerburgaz Caddesi Vadi İstanbul Park
7B Blok No:7C Kat:18 Sarıyer / İstanbul
0212 319 12 00
The Warning Notice issued as per the “Communiqué on Principles Regarding Investment Services and Activities and Ancillary Services”, by the Capital Markets Board: “The information, opinions, and suggestions on investment contained herein do not fall under the purview of investment consulting. The risk and return preferences of each client are taken into consideration by authorized institutions that offer personalized investment consulting services. The comments and recommendations contained herein, on the other hand, are of a general nature. These suggestions might not be appropriate for your financial position and your preferred level of risk and return. Therefore, making an investment decision based solely on the information contained herein may not yield results that meet your expectations.”