TEFASRisk 3/7Price Oct 16, 2026
Pardus Portföy İstatistiksel Arbitraj Hisse Senedi Serbest (TL) Fon (Hisse Senedi Yoğun Fon) AC5
- Fund size (Oct 16, 2026)
- TRY 1.1M
- Investors
- 142
- Management fee (annual)
- 1.50%
The Capital Markets Board (SPK) decided to liquidate this fund in bulletin 2026/60 dated September 17, 2026; the liquidation list was updated by bulletin 2026/61. No buy or redemption orders are executed in the fund; no live estimate is produced. Prices and returns are based on the last price published on TEFAS (October 16, 2026). SPK bulletin 2026/60 · List of funds in liquidation
AC5 Fund Price Chart
Key Data
- Price
- 0.172222Oct 16, 2026
- Daily change
- 0.04%
- Trading status
- In liquidation
- Category
- Hedge Fund
- Umbrella fund
- Hedge
- Manager
- Pardus Portföy Yönetimi A.Ş.
- Risk score
- 3 / 7
- Fund size
- TRY 1.1MOct 16, 2026
- Investors
- 142
- Units outstanding
- 6.2M
- Purchase / redemption value date
- T+1 / T+2
- Min. purchase (units)
- 1
- Trading hours
- 09:00 – 17:45
- ISIN
- TRYA1PY00065
- Inception date
- Nov 29, 2022
- Benchmark
- %100 BIST-KYD 1 Aylık Mevduat TL Endeksi Getirisi * 1.05
AC5 Return Comparison
| Comparison | 1M | 3M | 6M | YTD | 1Y |
|---|---|---|---|---|---|
| AC5 | −95.46% | −95.24% | −94.91% | −94.43% | −94.04% |
| Category average | 1.03% | 5.16% | 11.22% | 18.27% | 23.76% |
| BIST 100 | −10.41% | −17.50% | −17.21% | 4.40% | 13.37% |
| Category rank | 324 / 324 | 324 / 324 | 324 / 324 | 323 / 324 | 295 / 296 |
Returns are calculated from the last price published on TEFAS (October 16, 2026). The amount paid to investors in liquidation depends on the cash raised from selling the portfolio and may differ from these returns.
AC5 Fund Review and Performance Summary
AC5 returned −94.04% over the last year, ranking 295 of 296 funds in the Hedge Fund category. Over the same period: category average 23.76%, BIST 100 13.37%.
Between October 16, 2025 and October 16, 2026 the unit price ranged from a low of TRY 0.161893 (October 9, 2026) to a high of TRY 3.903153 (October 7, 2026). The latest price is 95.59% below the high and 6.38% above the low.
The largest decline in the period was 95.85% (from the October 7, 2026 high to October 9, 2026). Annualized volatility based on daily price changes: 319.11%. The price rose on 201 of 251 trading days.
Monthly returns were positive in 12 of the last 12 months; best month September 2026 (3.50%), weakest month May 2026 (1.31%).
Between October 16, 2025 and October 16, 2026 the number of investors fell 44.75%, from 257 to 142. Fund size fell from TRY 47.9M to TRY 1.1M over the same period.
Highest one-year returns in the category: IJI (77.34%), RBR (70.53%), GZM (67.36%).
AC5 monthly returns
| Month | Month-end price (TRY) | Monthly return |
|---|---|---|
| September 2026 | 3.881026 | 3.50% |
| August 2026 | 3.749941 | 2.27% |
| July 2026 | 3.666649 | 2.86% |
| June 2026 | 3.564652 | 2.42% |
| May 2026 | 3.480349 | 1.31% |
| April 2026 | 3.435481 | 2.71% |
| March 2026 | 3.344704 | 2.92% |
| February 2026 | 3.249826 | 2.26% |
| January 2026 | 3.178022 | 2.70% |
| December 2025 | 3.094430 | 2.78% |
| November 2025 | 3.010699 | 2.59% |
| October 2025 | 2.934663 | 2.37% |
This summary is calculated automatically from TEFAS price history and category data; it is not investment advice. Past performance does not indicate future returns.
AC5 Asset Allocation
- Deposits (TL)100.00%
AC5 Largest Holdings
Net Flows
Investors
Similar Funds
| Fund | 1 month | YTD | 1 year |
|---|---|---|---|
 MTFMT Portföy Birinci İstatistiksel Arbitraj Hisse Senedi Serbest (TL) Fon | −10.99% | 10.11% | 15.23% |
 THTTrive Portföy Hisse Senedi Serbest Fon | −21.39% | −30.46% | −23.38% |
 BRCRe-Pie Portföy Birinci İstatistiksel Arbitraj Hisse Senedi Serbest Fon | −7.75% | 14.96% | 21.43% |
| RGHRe-Pie Portföy Mutlak Getiri Hedefli Hisse Senedi Serbest Fon | −14.45% | −2.76% | — |
 IHZAllbatross Portföy İkinci Hisse Senedi Serbest Fon | −9.21% | −32.36% | −25.77% |
Related Pages
About the AC5 Fund
SPK decided to liquidate AC5 in bulletin 2026/60 dated September 17, 2026; the liquidation list was updated by bulletin 2026/61. No buy or redemption orders are executed in the fund. Last price published on TEFAS (October 16, 2026): TRY 0.172222. Pardus Portföy İstatistiksel Arbitraj Hisse Senedi Serbest (TL) Fon (Hisse Senedi Yoğun Fon) is a mutual fund in the Hedge Fund category founded by Pardus Portföy Yönetimi A.Ş. Fund size TRY 1.1M as of October 16, 2026, 142 investors.
Fonun yönetim stratejisi, Borsa İstanbul'da işlem gören ortaklık paylarında, ortaklık paylarına ait rüçhanlarda, varantlarda ve Borsa İstanbul'da işlem gören türev ürünlerde gün içi fiyat uyuşmazlıkları ve istatistiksel arbitraj fırsatlarını algoritma destekli sistemlerle kapitalize etmek üzerinedir.
Last updated: Source: TEFAS
Frequently Asked Questions
Is the AC5 fund open to trading?
SPK decided to liquidate AC5 in bulletin 2026/60 dated September 17, 2026; the liquidation list was updated by bulletin 2026/61. No buy or redemption orders are executed in the fund. The last price published on TEFAS is TRY 0.172222 as of October 16, 2026.
When was the last price of AC5 published?
The last official unit price of AC5 is TRY 0.172222 as of October 16, 2026. Returns on this page are calculated from this price.
What does fund liquidation mean?
Liquidation means the assets in the fund portfolio are sold, the cash raised is transferred to investors in proportion to their units and the fund is wound up. Under SPK bulletin 2026/61, T.C. Ziraat Bankası A.Ş. carries out the liquidation of AC5. The maximum liquidation period of 3 months set in 2026/61 was extended to 6 months by bulletin 2026/62; the period runs from the liquidation announcement date and the Board may extend it.
How much did AC5 return over the last year?
Based on the last price published on TEFAS (October 16, 2026), AC5 returned −94.04% over the last year, −94.43% year to date, −95.24% over 3 months and −95.46% over 1 month. Past performance does not indicate future returns.
What were the highest and lowest prices of AC5 over the last year?
Between October 16, 2025 and October 16, 2026 the unit price of AC5 ranged from a low of TRY 0.161893 (October 9, 2026) to a high of TRY 3.903153 (October 7, 2026). The latest price as of October 16, 2026 is TRY 0.172222.
What is the risk score of AC5?
The CMB risk score of AC5 is 3 out of 7. The score reflects the historical volatility of the fund price; 1 is the lowest and 7 the highest risk.
What is the management fee of AC5?
The annual management fee of AC5 is 1.50%; the purchase value date is T+1 and the redemption value date T+2. Fees are reflected in the fund price rather than charged separately.
What does AC5 invest in?
The portfolio of AC5 consists mainly of Deposits (TL) (100.00%). Fonun yönetim stratejisi, Borsa İstanbul'da işlem gören ortaklık paylarında, ortaklık paylarına ait rüçhanlarda, varantlarda ve Borsa İstanbul'da işlem gören türev ürünlerde gün içi fiyat uyuşmazlıkları ve istatistiksel arbitraj fırsatlarını algoritma destekli sistemlerle kapitalize etmek üzerinedir.
Which other funds are in the same category as AC5?
AC5 belongs to the Hedge Fund category. Compare the returns of all funds in the category on the category page and the overall ranking on the best funds page.