OYAK Asset Management First Hedge Fund - OYT
Fund Investment Purpose/Strategy
The Fund is in the status of a hedge fund to be sold in accordance with the provisions of the Communiqué on Investment Fund Principles, No. III-52.1, regarding offering to qualified investors.
In line with its investment projections, the Fund aims to provide capital gains and increase its portfolio value by investing in both TRY and foreign currency denominated money and capital market instruments, and also other investment instruments and contracts deemed appropriate by the Board. In the strategies to be implemented by the Fund, transactions that create leverage may be carried out in order to increase the expected return or to provide hedging from risk.
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 |
|---|---|
| OYT | 100% KYD (Turkish Institutional Investment Managers’ Association) 1-month benchmark deposit index-TRY |
Rates of Fund Management Fees and Entry / Exit Commissions
| Daily Rate of Fund Management Fee | Applied as 0.0015% (fifteen per million) of the Total Fund Value. |
| Annual Rate of Fund Management Fee | 0.5475 (zero point fifty four seventy five per cent) |
| 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 | In addition to the founder, the purchase and sale of participation shares are carried out also by the Head Office and branches of OYAK Securities. |
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.”
