- Fund size
- TRY 1.6B
- Investors
- 397
- Management fee (annual)
- 4.20%
BVZ Fund Price Chart
Key Data
- Price
- 4.738680Oct 15, 2026
- Daily change
- 0.18%
- Trading status
- Open to trading
- Category
- Hedge Fund
- Umbrella fund
- Hedge
- Manager
- BV Portföy Yönetimi A.Ş.
- Risk score
- 2 / 7
- Fund size
- TRY 1.6B
- Investors
- 397
- Units outstanding
- 348.2M
- Purchase / redemption value date
- T+1 / T+2
- Min. purchase (units)
- 1
- Trading hours
- 09:00 – 17:30
- ISIN
- TRYBVPY00033
- Inception date
- Apr 26, 2023
- Benchmark
- %0 BIST-KYD 1 Aylık Mevduat TL Endeksi Getirisi * 1.10
BVZ Return Comparison
| Comparison | 1M | 3M | 6M | YTD | 1Y |
|---|---|---|---|---|---|
| BVZ | 2.81% | 9.64% | 21.07% | 35.76% | 46.86% |
| Category average | 0.71% | 5.19% | 11.33% | 18.21% | 24.60% |
| BIST 100 | −8.02% | −15.30% | −15.01% | 7.18% | 16.39% |
| Category rank | 75 / 323 | 73 / 323 | 54 / 323 | 34 / 323 | 37 / 294 |
BVZ Fund Review and Performance Summary
BVZ returned 46.86% over the last year, ranking 37 of 294 funds in the Hedge Fund category. Over the same period: category average 24.60%, BIST 100 16.39%.
Between October 15, 2025 and October 15, 2026 the unit price ranged from a low of TRY 3.226691 (October 15, 2025) to a high of TRY 4.738680 (October 15, 2026). The latest price is at the high of the period.
The largest decline in the period was 0.05% (from the May 6, 2026 high to May 7, 2026). Annualized volatility based on daily price changes: 1.48%. The price rose on 247 of 251 trading days.
Monthly returns were positive in 12 of the last 12 months; best month June 2026 (3.79%), weakest month November 2025 (2.79%).
Between October 15, 2025 and October 15, 2026 the number of investors fell 66.75%, from 1,194 to 397. Fund size grew from TRY 1.1B to TRY 1.6B over the same period.
Highest one-year returns in the category: IJI (80.48%), RBR (69.35%), FYI (68.33%).
BVZ monthly returns
| Month | Month-end price (TRY) | Monthly return |
|---|---|---|
| September 2026 | 4.673690 | 2.88% |
| August 2026 | 4.542652 | 3.30% |
| July 2026 | 4.397486 | 3.40% |
| June 2026 | 4.253058 | 3.79% |
| May 2026 | 4.097919 | 2.87% |
| April 2026 | 3.983516 | 3.41% |
| March 2026 | 3.852305 | 3.46% |
| February 2026 | 3.723479 | 2.98% |
| January 2026 | 3.615889 | 3.59% |
| December 2025 | 3.490610 | 3.34% |
| November 2025 | 3.377857 | 2.79% |
| October 2025 | 3.286130 | 3.39% |
This summary is calculated automatically from TEFAS price history and category data; it is not investment advice. Past performance does not indicate future returns.
BVZ Asset Allocation
- Switched-Repo58.99%
- Commercial Paper25.14%
- Stock4.63%
- Participation Account (TL)3.85%
- Asset-backed Securities3.43%
- Other3.96%
BVZ Largest Holdings
ALTIN4.00%3.99%
ISCTRİş Bankasi (C)0.09%−0.32%
SASASasa Polyester0.05%−0.20%
EREGLEreğli Demir Çelik0.02%0.02%
HEKTSHektas0.02%−0.01%
Net Flows
Investors
Similar Funds
| Fund | 1 month | YTD | 1 year |
|---|---|---|---|
 TPPTEB Portföy Pusula Serbest Fon | −3.86% | 24.45% | 50.90% |
 EPPEmaa Blue Portföy Para Piyasası Serbest Fon | 3.06% | 35.89% | 47.58% |
 YHPYapı Kredi Portföy Kadıköy Serbest Fon | −1.28% | 34.04% | 54.53% |
 GZEGaranti Portföy Emtia Serbest Fon | 0.84% | 30.92% | 47.31% |
 ZMTAzimut Portföy 22.0 Serbest (Döviz-Avro) Fon | −1.07% | 12.89% | 19.23% |
Related Pages
About the BVZ Fund
BV Portföy İstatistiksel Arbitraj Serbest Fon (BVZ) is a mutual fund in the Hedge Fund category managed by BV Portföy Yönetimi A.Ş. Its price on October 15, 2026 is TRY 4.738680; the daily return is 0.18%, year-to-date 35.76% and 1-year 46.86%. Fund size TRY 1.6B, 397 investors, risk score 2/7.
Fon, Borsa İstanbul'da işlem gören ortaklık paylarında, ortaklık paylarına ait rüçhanlarda, varantlarda, vadeli işlem sözleşmeleri, opsiyon sözleşmeleri ve diğer türev araçlarda gün içinde oluşabilecek fiyat uyuşmazlıkları ve istatistiksel arbitraj fırsatlarını yüksek hızlı işlem algoritmaları ve algoritma destekli sistemler kullanarak, eşik değer üzerinde sermaye kazancı sağlamak ve portföy değerini artırmayı amaçlamaktadır. Fon, söz konusu yatırım stratejisi sonucu oluşan pozisyon risklerini uygun görülen yüksek korelasyonlu yurt içi pay, pay vadeli veya endeks vadeli ürünler yardımıyla hedge etmeyi (korunma amaçlı işlem) amaçlamaktadır.
Last updated: Source: TEFAS
Frequently Asked Questions
When is the BVZ fund price published?
The official unit price of BVZ is calculated by the founder after each session close and is usually published on TEFAS the next business morning; the latest official price on this page is dated October 15, 2026. Until the price is published, see the live estimate section for an intraday estimate.
What is the BVZ fund price today?
The unit price of BVZ on October 15, 2026 is TRY 4.738680, a daily return of 0.18%. Fund prices are published after each business day; see the live estimate page for an intraday estimate.
How much did BVZ return over the last year?
BVZ returned 46.86% over the last year, 35.76% year to date, 9.64% over 3 months and 2.81% over 1 month. Past performance does not indicate future returns.
What were the highest and lowest prices of BVZ over the last year?
Between October 15, 2025 and October 15, 2026 the unit price of BVZ ranged from a low of TRY 3.226691 (October 15, 2025) to a high of TRY 4.738680 (October 15, 2026). The latest price as of October 15, 2026 is TRY 4.738680.
What is the risk score of BVZ?
The CMB risk score of BVZ 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 BVZ?
The annual management fee of BVZ is 4.20%; 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 BVZ invest in?
The portfolio of BVZ consists mainly of Switched-Repo (58.99%), Commercial Paper (25.14%), Stock (4.63%). Fon, Borsa İstanbul'da işlem gören ortaklık paylarında, ortaklık paylarına ait rüçhanlarda, varantlarda, vadeli işlem sözleşmeleri, opsiyon sözleşmeleri ve diğer türev araçlarda gün içinde oluşabilecek fiyat uyuşmazlıkları ve istatistiksel arbitraj fırsatlarını yüksek hızlı işlem algoritmaları ve algoritma destekli sistemler kullanarak, eşik değer üzerinde sermaye kazancı sağlamak ve portföy değerini artırmayı amaçlamaktadır. Fon, söz konusu yatırım stratejisi sonucu oluşan pozisyon risklerini uygun görülen yüksek korelasyonlu yurt içi pay, pay vadeli veya endeks vadeli ürünler yardımıyla hedge etmeyi (korunma amaçlı işlem) amaçlamaktadır.
What are the largest holdings of BVZ?
According to the 2026W40 portfolio report, the largest holdings of BVZ are ALTIN (4.00%), ISCTR (0.09%), SASA (0.05%), EREGL (0.02%), HEKTS (0.02%). All holdings and their weight changes against the previous month are on the portfolio page.
Which other funds are in the same category as BVZ?
BVZ 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.