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We aim to create added value for your future
TEB Asset Management First Money Market Hedge (TL) Fund with the TEB Asset Management First Money Market Hedge Fund (TL), you can benefit from same-day buy/sell transactions and the liquidity advantage, while also accessing an alternative return opportunity to deposits thanks to its stable return potential.
Benchmark
* As of
*Represents year to date returns. For funds established after the beginning of the year, the returns are since inception.
**Past term Fund returns are not an indication of future returns.
The recorded fund price changes since the IPO date are listed. You can view price changes on different dates by selecting a date range or period.
Key Information
Within the framework of the relevant provisions of the Communiqué, the fund is classified as a hedge fund and participation shares will only be sold to qualified investors. Financial assets to be included in the fund portfolio are selected in accordance with the principles set forth in the prospectus and managed by the portfolio manager in compliance with the regulations. The fund aims to generate returns by predominantly investing in short-term public and/or private sector borrowing instruments, lease certificates, deposits, and money market instruments. Depending on market conditions, the fund portfolio may be diversified by investing in one or more asset classes. The entire portfolio will continuously consist of assets with a maturity of no more than 184 days, ensuring high liquidity and alignment with money market instruments. The average maturity of the portfolio, calculated on a weighted basis, will not exceed 45 days.
Principles of Subscription and Redemption
On the days when the Borsa Istanbul Debt Securities Market is open, investors may submit their purchase and redemption orders for participation shares between 09:00 and 13:30. Orders are executed through TEFAS at the unit share price calculated based on the previous business day’s value and recorded on the day the order is placed. The profit generated by the fund is reflected in the unit share value determined in accordance with the principles specified in the fund’s disclosure documents.
