TEFASRisk 2/7Price Oct 16, 2026
A1 Capital Portföy İstatistiksel Arbitraj Hisse Senedi Serbest Fon (Hisse Senedi Yoğun Fon) AJ1
- Fund size (Oct 16, 2026)
- TRY 526.1K
- Investors
- 81
- Management fee (annual)
- 3.00%
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
AJ1 Fund Price Chart
Key Data
- Price
- 0.069519Oct 16, 2026
- Daily change
- −0.19%
- Trading status
- In liquidation
- Category
- Hedge Fund
- Umbrella fund
- Hedge
- Risk score
- 2 / 7
- Fund size
- TRY 526.1KOct 16, 2026
- Investors
- 81
- Units outstanding
- 7.6M
- Purchase / redemption value date
- T+1 / T+2
- Min. purchase (units)
- 1
- Trading hours
- 09:00 – 17:45
- ISIN
- TRYA1PS00026
- Inception date
- Sep 10, 2025
- Benchmark
- %100 BIST-KYD 1 Aylık Mevduat TL Endeksi + 100 Baz Puan
AJ1 Return Comparison
| Comparison | 1M | 3M | 6M | YTD | 1Y |
|---|---|---|---|---|---|
| AJ1 | −94.88% | −94.61% | −94.17% | −93.74% | −93.27% |
| Category average | 1.03% | 5.16% | 11.22% | 18.27% | 23.76% |
| BIST 100 | −10.94% | −18.00% | −17.71% | 3.77% | 12.69% |
| 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.
AJ1 Fund Review and Performance Summary
AJ1 returned −93.27% over the last year, ranking 295 of 296 funds in the Hedge Fund category. Over the same period: category average 23.76%, BIST 100 12.69%.
Between October 16, 2025 and October 16, 2026 the unit price ranged from a low of TRY 0.069519 (October 16, 2026) to a high of TRY 1.384112 (October 7, 2026). The latest price is at the low of the period.
The largest decline in the period was 94.98% (from the October 7, 2026 high to October 16, 2026). Annualized volatility based on daily price changes: 299.66%. The price rose on 189 of 251 trading days.
Monthly returns were positive in 12 of the last 12 months; best month October 2025 (3.18%), weakest month March 2026 (1.39%).
Between October 16, 2025 and October 16, 2026 the number of investors fell 6.90%, from 87 to 81. Fund size fell from TRY 27.2M to TRY 526.1K over the same period.
Highest one-year returns in the category: IJI (77.34%), RBR (70.53%), GZM (67.36%).
AJ1 monthly returns
| Month | Month-end price (TRY) | Monthly return |
|---|---|---|
| September 2026 | 1.373509 | 2.32% |
| August 2026 | 1.342333 | 2.58% |
| July 2026 | 1.308579 | 2.93% |
| June 2026 | 1.271309 | 2.52% |
| May 2026 | 1.240012 | 2.45% |
| April 2026 | 1.210380 | 2.75% |
| March 2026 | 1.177978 | 1.39% |
| February 2026 | 1.161796 | 2.07% |
| January 2026 | 1.138270 | 2.55% |
| December 2025 | 1.109981 | 2.90% |
| November 2025 | 1.078741 | 2.70% |
| October 2025 | 1.050358 | 3.18% |
This summary is calculated automatically from TEFAS price history and category data; it is not investment advice. Past performance does not indicate future returns.
AJ1 Asset Allocation
- Deposits (TL)100.00%
AJ1 Largest Holdings
ASELSAselsan18.03%−10.82%
HEKTSHektas16.98%16.98%
AKSENAksa Enerji16.51%−3.81%
AKBNKAkbank12.31%−0.48%
YKBNKYapi ve Kredi Bank.10.52%−0.24%
Net Flows
Investors
Similar Funds
| Fund | 1 month | YTD | 1 year |
|---|---|---|---|
 KLSAllbatross Portföy Katılım Serbest (Döviz) Fon | −3.15% | −4.25% | −1.53% |
 BRCRe-Pie Portföy Birinci İstatistiksel Arbitraj Hisse Senedi Serbest Fon | −7.75% | 14.96% | 21.43% |
 FSPFonmap Portföy Serbest (Döviz) Fon | −33.21% | −71.57% | −70.42% |
 SHUSparta Portföy Üçüncü Hisse Senedi Serbest (TL) Fon | −34.89% | −6.37% | — |
 MTFMT Portföy Birinci İstatistiksel Arbitraj Hisse Senedi Serbest (TL) Fon | −10.99% | 10.11% | 15.23% |
Related Pages
About the AJ1 Fund
SPK decided to liquidate AJ1 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 0.069519. A1 Capital Portföy İstatistiksel Arbitraj Hisse Senedi Serbest Fon (Hisse Senedi Yoğun Fon) is a mutual fund in the Hedge Fund category founded by A1 Capital Portföy Yönetimi A.Ş. Fund size TRY 526.1K as of October 16, 2026, 81 investors.
"Borsa İstanbul'da işlem gören ortaklık paylarında, ortaklık paylarına ait rüçhanlarda, varantlarda, dayanak varlığı TL olan vadeli işlem sözleşmeleri, opsiyon sözleşmeleri ve diğer türev araçlarda görülecek fiyat uyuşmazlıklarını algoritma desteğiyle istatistiksel arbitraj fırsatlarını değerlendirerek algoritma destekli sistemler ile sermaye kazancı sağlamayı ve portföy değerini artırmayı amaçlamaktadır. Ayrıca, Fon'un hisse senedi yoğun fon olması nedeniyle Fon portföy değerinin en az %80'i devamlı olarak menkul kıymet yatırım ortaklıkları payları hariç olmak üzere BIST'te işlem gören ihraççı paylarına, ihraççı paylarına ve pay endekslerine dayalı olarak yapılan vadeli işlem sözleşmelerinin nakit teminatlarına, ihraççı paylarına ve pay endekslerine dayalı opsiyon sözleşmelerinin primleri ile borsada işlem gören ihraççı paylarına ve pay endekslerine dayalı aracı kuruluş varantlarına ve ihraççı paylarından oluşan endeksleri 27/11/2013 tarihli ve 28834 sayılı Resmi Gazete'de yayımlanan Borsa Yatırım Fonlarına İlişkin Esaslar Tebliği (III-52.2)'nin 5 inci maddesinin dördüncü fıkrasının (a) bendi kapsamında takip etmek üzere kurulan borsa yatırım fonu paylarına yatırılır."
Last updated: Source: TEFAS
Frequently Asked Questions
Is the AJ1 fund open to trading?
SPK decided to liquidate AJ1 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 0.069519 as of October 16, 2026.
When was the last price of AJ1 published?
The last official unit price of AJ1 is TRY 0.069519 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 AJ1. 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 AJ1 return over the last year?
Based on the last price published on TEFAS (October 16, 2026), AJ1 returned −93.27% over the last year, −93.74% year to date, −94.61% over 3 months and −94.88% over 1 month. Past performance does not indicate future returns.
What were the highest and lowest prices of AJ1 over the last year?
Between October 16, 2025 and October 16, 2026 the unit price of AJ1 ranged from a low of TRY 0.069519 (October 16, 2026) to a high of TRY 1.384112 (October 7, 2026). The latest price as of October 16, 2026 is TRY 0.069519.
What is the risk score of AJ1?
The CMB risk score of AJ1 is 2 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 AJ1?
The annual management fee of AJ1 is 3.00%; 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 AJ1 invest in?
The portfolio of AJ1 consists mainly of Deposits (TL) (100.00%). "Borsa İstanbul'da işlem gören ortaklık paylarında, ortaklık paylarına ait rüçhanlarda, varantlarda, dayanak varlığı TL olan vadeli işlem sözleşmeleri, opsiyon sözleşmeleri ve diğer türev araçlarda görülecek fiyat uyuşmazlıklarını algoritma desteğiyle istatistiksel arbitraj fırsatlarını değerlendirerek algoritma destekli sistemler ile sermaye kazancı sağlamayı ve portföy değerini artırmayı amaçlamaktadır. Ayrıca, Fon'un hisse senedi yoğun fon olması nedeniyle Fon portföy değerinin en az %80'i devamlı olarak menkul kıymet yatırım ortaklıkları payları hariç olmak üzere BIST'te işlem gören ihraççı paylarına, ihraççı paylarına ve pay endekslerine dayalı olarak yapılan vadeli işlem sözleşmelerinin nakit teminatlarına, ihraççı paylarına ve pay endekslerine dayalı opsiyon sözleşmelerinin primleri ile borsada işlem gören ihraççı paylarına ve pay endekslerine dayalı aracı kuruluş varantlarına ve ihraççı paylarından oluşan endeksleri 27/11/2013 tarihli ve 28834 sayılı Resmi Gazete'de yayımlanan Borsa Yatırım Fonlarına İlişkin Esaslar Tebliği (III-52.2)'nin 5 inci maddesinin dördüncü fıkrasının (a) bendi kapsamında takip etmek üzere kurulan borsa yatırım fonu paylarına yatırılır."
What are the largest holdings of AJ1?
According to the 2026W37 portfolio report, the largest holdings of AJ1 are ASELS (18.03%), HEKTS (16.98%), AKSEN (16.51%), AKBNK (12.31%), YKBNK (10.52%). All holdings and their weight changes against the previous month are on the portfolio page.
Which other funds are in the same category as AJ1?
AJ1 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.