TEFASRisk 7/7Price Nov 12, 2026
Atlas Portföy Dördüncü Hisse Senedi Serbest Fon (Hisse Senedi Yoğun Fon) AP4
- Fund size (Nov 12, 2026)
- TRY 143.4M
- Investors
- 11
- 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 (November 12, 2026). SPK bulletin 2026/60 · List of funds in liquidation
At a Glance: AP4 Fund
- The AP4 fund is on the liquidation list of Capital Markets Board (SPK) bulletin 2026/60 dated September 17, 2026. Liquidated funds
- The last official price of the AP4 fund was TRY 0.575588 (November 12, 2026); no buy or redemption orders are executed.
- The AP4 fund returned −44.18% year to date.
- The AP4 fund has total assets of TRY 143.4M and 11 investors.
- The AP4 fund is in the Hedge Fund category, with a CMB (SPK) risk score of 7 out of 7.
- The AP4 fund was established by Atlas Portföy Yönetimi A.Ş.
What is the AP4 fund?
AP4 is the fund code of Atlas Portföy Dördüncü Hisse Senedi Serbest Fon. It was established by Atlas Portföy Yönetimi A.Ş. The AP4 fund is in the Hedge Fund category, with a CMB (SPK) risk score of 7 out of 7. The fund is in liquidation by Capital Markets Board (SPK) decision.
What is the AP4 fund price and return?
The last official price of the AP4 fund was TRY 0.575588 (November 12, 2026). It returned −44.18% year to date.
Is the AP4 fund being liquidated?
Yes. The AP4 fund is on the liquidation list of Capital Markets Board (SPK) bulletin 2026/60 dated September 17, 2026; no buy or redemption orders are executed. All liquidated funds are listed on the Yatırımcı.AI liquidated funds page.
AP4 Fund Price Chart
Key Data
- Price
- 0.575588Nov 12, 2026
- Daily change
- −2.18%
- Trading status
- In liquidation
- Category
- Hedge Fund
- Umbrella fund
- Hedge
- Manager
- Atlas Portföy Yönetimi A.Ş.
- Risk score
- 7 / 7
- Fund size
- TRY 143.4MNov 12, 2026
- Investors
- 11
- Units outstanding
- 249.2M
- ISIN
- TRYATLP00457
- Inception date
- Jul 14, 2025
- Benchmark
- %80 BIST 100 GETİRİ ENDEKSİ + %20 KYD Brüt Repo Endeksi
AP4 Return Comparison
| Comparison | 1M | 3M | 6M | YTD | 1Y |
|---|---|---|---|---|---|
| AP4 | — | — | — | −44.18% | — |
| Category average | 1.75% | 4.06% | 9.63% | 19.62% | 23.39% |
| BIST 100 | −3.33% | −16.20% | −18.88% | 5.16% | 11.42% |
Returns are calculated from the last price published on TEFAS (November 12, 2026). The amount paid to investors in liquidation depends on the cash raised from selling the portfolio and may differ from these returns.
AP4 Fund Review and Performance Summary
Between November 12, 2025 and November 12, 2026 the unit price ranged from a low of TRY 0.560285 (November 3, 2026) to a high of TRY 1.597684 (May 12, 2026). The latest price is 63.97% below the high and 2.73% above the low.
The largest decline in the period was 64.93% (from the May 12, 2026 high to November 3, 2026). Annualized volatility based on daily price changes: 51.26%. The price rose on 116 of 251 trading days.
Monthly returns were positive in 4 of the last 12 months; best month April 2026 (55.02%), weakest month September 2026 (−28.20%).
Highest one-year returns in the category: IJI (100.50%), BSM (88.73%), GZM (79.17%).
AP4 monthly returns
| Month | Month-end price (TRY) | Monthly return |
|---|---|---|
| October 2026 | 0.603628 | −18.94% |
| September 2026 | 0.744654 | −28.20% |
| August 2026 | 1.037069 | 10.50% |
| July 2026 | 0.938534 | −18.77% |
| June 2026 | 1.155392 | −3.64% |
| May 2026 | 1.199025 | −20.44% |
| April 2026 | 1.507061 | 55.02% |
| March 2026 | 0.972195 | −9.84% |
| February 2026 | 1.078359 | −0.55% |
| January 2026 | 1.084292 | 5.16% |
| December 2025 | 1.031096 | 4.51% |
| November 2025 | 0.986560 | −4.34% |
This summary is calculated automatically from TEFAS price history and category data; it is not investment advice. Past performance does not indicate future returns.
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AP4 Asset Allocation
- Deposits (TL)99.91%
- Investment Fund Participation Shares0.09%
AP4 Largest Holdings
Net Flows
Investors
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Related Pages
About the AP4 Fund
SPK decided to liquidate AP4 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 (November 12, 2026): TRY 0.575588. Atlas Portföy Dördüncü Hisse Senedi Serbest Fon (Hisse Senedi Yoğun Fon) is a mutual fund in the Hedge Fund category founded by Atlas Portföy Yönetimi A.Ş. Fund size TRY 143.4M as of November 12, 2026, 11 investors.
Fon'un yatırım stratejisi: Fon toplam değerinin en az %80'i devamlı olarak BIST'te işlem gören ortaklık paylarına ve bu paylardan oluşan endeksleri takip etmek üzere kurulan yerli borsa yatırım fonları katılma paylarına yatırılır. Fon'un hisse senedi yoğun fon olması nedeniyle fon portföy değerinin en az %80'i devamlı olarak menkul kıymet yatırım ortaklık payları hariç olmak üzere BIST'te işlem gören ihraççı payları, ihraççı paylarına ve ihraççı payı endekslerine dayalı olarak yapılan vadeli işlem sözleşmelerinin nakit teminatları, ihraççı paylarına ve ihraççı payına dayalı opsiyon sözleşmelerinin primleri, borsada işlem gören ihraççı paylarına ve ihraççı paylarına dayalı aracı kuruluş varantları ile 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. maddesinin dördüncü fıkrasının (a) bendi kapsamında takip etmek üzere kurulan borsa yatırım fonları katılma paylarına yatırılır.
Last updated: Source: TEFAS
Frequently Asked Questions
Is the AP4 fund open to trading?
SPK decided to liquidate AP4 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 0.575588 as of November 12, 2026.
When was the last price of AP4 published?
The last official unit price of AP4 is TRY 0.575588 as of November 12, 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 AP4. 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.
What were the highest and lowest prices of AP4 over the last year?
Between November 12, 2025 and November 12, 2026 the unit price of AP4 ranged from a low of TRY 0.560285 (November 3, 2026) to a high of TRY 1.597684 (May 12, 2026). The latest price as of November 12, 2026 is TRY 0.575588.
What is the risk score of AP4?
The CMB risk score of AP4 is 7 out of 7. The score reflects the historical volatility of the fund price; 1 is the lowest and 7 the highest risk.
What does AP4 invest in?
The portfolio of AP4 consists mainly of Deposits (TL) (99.91%), Investment Fund Participation Shares (0.09%). Fon'un yatırım stratejisi: Fon toplam değerinin en az %80'i devamlı olarak BIST'te işlem gören ortaklık paylarına ve bu paylardan oluşan endeksleri takip etmek üzere kurulan yerli borsa yatırım fonları katılma paylarına yatırılır. Fon'un hisse senedi yoğun fon olması nedeniyle fon portföy değerinin en az %80'i devamlı olarak menkul kıymet yatırım ortaklık payları hariç olmak üzere BIST'te işlem gören ihraççı payları, ihraççı paylarına ve ihraççı payı endekslerine dayalı olarak yapılan vadeli işlem sözleşmelerinin nakit teminatları, ihraççı paylarına ve ihraççı payına dayalı opsiyon sözleşmelerinin primleri, borsada işlem gören ihraççı paylarına ve ihraççı paylarına dayalı aracı kuruluş varantları ile 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. maddesinin dördüncü fıkrasının (a) bendi kapsamında takip etmek üzere kurulan borsa yatırım fonları katılma paylarına yatırılır.
Which other funds are in the same category as AP4?
AP4 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.