Types include money market, debt instrument, equity, variable and hedge funds. Fund assets are segregated from the portfolio manager's assets and held by a custodian, and funds are subject to independent audit.
Source: 6362 sayılı SPKn, SPK Yatırım Fonlarına İlişkin Esaslar Tebliği
Related terms
Exchange-traded fund (ETF)An investment fund whose participation units trade on the stock exchange like shares and which usually tracks an index, a commodity or a basket of assets.Capital Markets Board (CMB)The independent administrative authority responsible for regulating and supervising capital markets in Turkey.Central Securities Depository of Turkey (MKK)The central securities depository that keeps book-entry records of capital market instruments and ownership and operates KAP.Asset-backed securityDebt instruments created by transferring cash-generating assets such as loans, leases or trade receivables to a fund or special purpose vehicle and repaid from those assets' cash flows.Authorised capital systemA system under which the board may increase capital up to a ceiling set in the articles of association without a general assembly resolution.Bonus issueIssuing shares to shareholders by adding a company's internal resources (reserves, retained earnings, capital adjustment differences) to its capital.
Last updated: November 8, 2026 · This definition is for general information only.