- Fund size
- TRY 965.2M
- Investors
- 368
- Management fee (annual)
- 4.20%
At a Glance: BVZ Fund
- The BVZ fund price was TRY 4.868178 as of November 10, 2026, a daily change of 0.11%.
- The BVZ fund returned 3.26% over 1 month, 39.46% year to date and 46.68% over 1 year.
- The BVZ fund has total assets of TRY 965.2M and 368 investors.
- The BVZ fund is in the Hedge Fund category, with a CMB (SPK) risk score of 2 out of 7.
- The BVZ fund was established by BV Portföy Yönetimi A.Ş.
What is the BVZ fund?
BVZ is the fund code of BV Portföy İstatistiksel Arbitraj Serbest Fon. It was established by BV Portföy Yönetimi A.Ş. The BVZ fund is in the Hedge Fund category, with a CMB (SPK) risk score of 2 out of 7.
What is the BVZ fund price and return?
The BVZ fund price was TRY 4.868178 as of November 10, 2026. It returned 3.26% over 1 month, 39.46% year to date and 46.68% over 1 year.
BVZ Fund Price Chart
Key Data
- Price
- 4.868178Nov 10, 2026
- Daily change
- 0.11%
- Trading status
- Open to trading
- Category
- Hedge Fund
- Umbrella fund
- Hedge
- Manager
- BV Portföy Yönetimi A.Ş.
- Risk score
- 2 / 7
- Fund size
- TRY 965.2M
- Investors
- 368
- Units outstanding
- 198.3M
- 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 | 3.26% | 9.50% | 20.79% | 39.46% | 46.68% |
| Category average | 2.22% | 4.57% | 9.92% | 19.31% | 23.25% |
| BIST 100 | −4.93% | −14.91% | −22.94% | 3.55% | 10.26% |
| Category rank | 31 / 324 | 54 / 324 | 41 / 324 | 24 / 324 | 24 / 305 |
BVZ Fund Review and Performance Summary
BVZ returned 46.68% over the last year, ranking 24 of 305 funds in the Hedge Fund category. Over the same period: category average 23.25%, BIST 100 10.26%.
Between November 10, 2025 and November 10, 2026 the unit price ranged from a low of TRY 3.318891 (November 10, 2025) to a high of TRY 4.868178 (November 10, 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: 1.47%. 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 November 10, 2025 and November 10, 2026 the number of investors fell 66.64%, from 1,103 to 368. Fund size fell from TRY 1.2B to TRY 965.2M over the same period.
Highest one-year returns in the category: IJI (95.21%), BSM (91.25%), GZM (70.37%).
BVZ monthly returns
| Month | Month-end price (TRY) | Monthly return |
|---|---|---|
| October 2026 | 4.814290 | 3.01% |
| 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% |
This summary is calculated automatically from TEFAS price history and category data; it is not investment advice. Past performance does not indicate future returns.
Set a price alert for BVZ
Add BVZ to your watchlist with a free account and get notified when it reaches your price.
- Follow funds and stocks in one watchlist
- An in-app notification and an email when a target is hit
- 3 active price alerts on the free plan
BVZ Asset Allocation
- Switched-Repo71.77%
- Commercial Paper17.44%
- Participation Account (TL)5.50%
- Futures Cash Collateral2.96%
- Stock2.27%
- Stock Exchange Investment Fund Participation Shares0.06%
BVZ Largest Holdings
DOHOLDogan Holding1.53%1.44%
ALTIN0.16%0.12%
ENJSAEnerjisa Enerji0.08%0.08%
SOKMSok Marketler Ticaret0.06%0.06%
TOASOTofas Oto. Fab.0.06%0.04%
Net Flows
Investors
Similar Funds
| Fund | 1 month | YTD | 1 year |
|---|---|---|---|
 ONNAktif Portföy Aktif Oniks Serbest (TL) Fon | 2.78% | 36.13% | 43.54% |
 EDTDeniz Portföy Ted Eğitime Destek Serbest Fon | 3.11% | 37.58% | 44.91% |
 ATJAzimut Portföy İkinci Değişken Fon | −0.05% | 16.29% | 21.88% |
 YKSYapı Kredi Portföy İstanbul Serbest Fon | 2.84% | 31.17% | 38.06% |
| YCPYapı Kredi Portföy Bankacılık Sektörü Hisse Senedi Serbest Fon | 6.75% | 4.41% | 13.74% |
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 November 10, 2026 is TRY 4.868178; the daily return is 0.11%, year-to-date 39.46% and 1-year 46.68%. Fund size TRY 965.2M, 368 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 November 10, 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 November 10, 2026 is TRY 4.868178, a daily return of 0.11%. 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 46.68% over the last year, 39.46% year to date, 9.50% over 3 months and 3.26% over 1 month. Past performance does not indicate future returns.
What were the highest and lowest prices of BVZ over the last year?
Between November 10, 2025 and November 10, 2026 the unit price of BVZ ranged from a low of TRY 3.318891 (November 10, 2025) to a high of TRY 4.868178 (November 10, 2026). The latest price as of November 10, 2026 is TRY 4.868178.
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 (71.77%), Commercial Paper (17.44%), Participation Account (TL) (5.50%). 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 2026W43 portfolio report, the largest holdings of BVZ are DOHOL (1.53%), ALTIN (0.16%), ENJSA (0.08%), SOKM (0.06%), TOASO (0.06%). 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.