OYAK Asset Management Third Hedge Fund - OYS
Fund Investment Purpose/Strategy
The main investment strategy of the fund is to provide absolute return in Turkish Lira. Foreign currency assets, gold and other precious metals, and capital market instruments based on them, will not be included in the fund portfolio. In addition, organized and/or over-the-counter derivative instruments for foreign currency assets and gold, other precious metals, and capital market instruments based on them will not be included in the fund portfolio.
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.
Only TRY-denominated assets and transactions
will be included in the fund portfolio.
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 |
|---|---|
| OYS | 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 0.00685% (six point eighty five per hundred thousand) over the Total Fund Value. |
| Annual Rate of Fund Management Fee | Approximately 2.50% (two point fifty 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 a.m – 1:00 p.m. | ||||
| 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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