OYAK Asset Management First Money Market (TRY) Fund - OYL
Fund Investment Purpose/Strategy
The fund invests in high-liquidity money and capital market instruments with a remaining maturity of no more than 184 days. The weighted average maturity of the portfolio, calculated on a daily basis, does not exceed 45 days.
In fund management, instruments with low risk and high liquidity are prioritized. Assets with indeterminable maturity dates are not included in the portfolio.
The fund’s core investment strategy is to achieve stable returns in Turkish Lira terms. Accordingly, it invests exclusively in Turkish Lira-denominated assets. Foreign currency instruments, gold, other precious metals, and capital market instruments or OTC derivatives based on them are not included in the fund. The fund is suitable for investors with a low risk tolerance.
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 |
|---|---|
| OYL | 75% KYD (Turkish Institutional Investment Managers’ Association) O/N Repo Index – Gross 25% KYD – 91 Public Domestic Debt Instruments Index |
Rates of Fund Management Fees and Entry / Exit Commissions
| Daily Rate of Fund Management Fee | Applied as 0.0035616% (thirty five point six hundred sixteen per million) of the Total Fund Value. |
| Annual Rate of Fund Management Fee | %1.30 |
| 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 between 8:30 a.m and 1:30 p.m. are processed into transactions at T+0. |
| Trading Places | OYAK Securities General Directorate, Branches, the Virtual Branch, or the Call Center at 0850 222 0 414 can be contacted to make purchases. |