- Fund size
- TRY 9.9B
- Investors
- 9,003
- Management fee (annual)
- 2.00%
At a Glance: FMG Fund
- The FMG fund price was TRY 2.828329 as of November 12, 2026, a daily change of 0.31%.
- The FMG fund returned −12.17% over 1 month, −19.14% year to date and 20.40% over 1 year.
- The FMG fund has total assets of TRY 9.9B and 9,003 investors.
- The FMG fund is in the Hedge Fund category, with a CMB (SPK) risk score of 6 out of 7.
- The FMG fund was established by QNB Finans Portföy Yönetimi A.Ş.
What is the FMG fund?
FMG is the fund code of QNB Portföy Gümüş Serbest Fon. It was established by QNB Finans Portföy Yönetimi A.Ş. The FMG fund is in the Hedge Fund category, with a CMB (SPK) risk score of 6 out of 7.
What is the FMG fund price and return?
The FMG fund price was TRY 2.828329 as of November 12, 2026. It returned −12.17% over 1 month, −19.14% year to date and 20.40% over 1 year.
FMG Fund Price Chart
Key Data
- Price
- 2.828329Nov 12, 2026
- Daily change
- 0.31%
- Trading status
- Open to trading
- Category
- Hedge Fund
- Umbrella fund
- Hedge
- Risk score
- 6 / 7
- Fund size
- TRY 9.9B
- Investors
- 9,003
- Units outstanding
- 3.5B
- Purchase / redemption value date
- T+1 / T+2
- Min. purchase (units)
- 1
- Trading hours
- 09:00 – 17:30
- ISIN
- TRYFIPO00677
- Inception date
- Apr 24, 2024
- Benchmark
- %95 Gümüş fiyatı (TL) (Bloomberg'de ilan edilen ?XAG? kodlu uluslararası ABD Doları cinsinden spot gümüş ons fiyatının TCMB alış kuru ile çarpılması yoluyla hesaplanan değer) + %5 BIST-KYD Repo (Brüt) Endeksi
FMG Return Comparison
| Comparison | 1M | 3M | 6M | YTD | 1Y |
|---|---|---|---|---|---|
| FMG | −12.17% | −13.38% | −29.42% | −19.14% | 20.40% |
| Category average | 1.97% | 4.30% | 9.90% | 19.73% | 23.30% |
| BIST 100 | −2.56% | −16.09% | −19.89% | 5.13% | 11.26% |
| Category rank | 313 / 324 | 291 / 324 | 305 / 324 | 302 / 324 | 203 / 306 |
FMG Fund Review and Performance Summary
FMG returned 20.40% over the last year, ranking 203 of 306 funds in the Hedge Fund category. Over the same period: category average 23.30%, BIST 100 11.26%.
Between November 12, 2025 and November 12, 2026 the unit price ranged from a low of TRY 2.326976 (November 24, 2025) to a high of TRY 5.602548 (January 30, 2026). The latest price is 49.52% below the high and 21.55% above the low.
The largest decline in the period was 51.15% (from the January 30, 2026 high to November 2, 2026). Annualized volatility based on daily price changes: 55.88%. The price rose on 136 of 251 trading days.
Monthly returns were positive in 7 of the last 12 months; best month January 2026 (60.18%), weakest month February 2026 (−24.75%).
Between November 12, 2025 and November 12, 2026 the number of investors rose 27.56%, from 7,058 to 9,003. Fund size grew from TRY 7.2B to TRY 9.9B over the same period.
Highest one-year returns in the category: IJI (100.51%), BSM (89.32%), GZM (78.08%).
FMG monthly returns
| Month | Month-end price (TRY) | Monthly return |
|---|---|---|
| October 2026 | 2.907381 | −9.53% |
| September 2026 | 3.213553 | −10.08% |
| August 2026 | 3.573721 | 20.43% |
| July 2026 | 2.967395 | 0.83% |
| June 2026 | 2.942970 | −23.50% |
| May 2026 | 3.847060 | 7.71% |
| April 2026 | 3.571714 | 4.52% |
| March 2026 | 3.417202 | −18.94% |
| February 2026 | 4.215830 | −24.75% |
| January 2026 | 5.602548 | 60.18% |
| December 2025 | 3.497763 | 41.54% |
| November 2025 | 2.471171 | 10.26% |
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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FMG Asset Allocation
- Precious Metals Fund63.17%
- Stock31.89%
- Foreign Stock2.06%
- Switched-Repo2.01%
- Futures Cash Collateral0.87%
FMG Largest Holdings
GMSTR32.20%1.10%- SLV2.05%0.08%
Net Flows
Investors
Similar Funds
| Fund | 1 month | YTD | 1 year |
|---|---|---|---|
 NSDNurol Portföy Dördüncü Serbest (Döviz) Fon | 2.43% | 22.29% | 25.22% |
 DZMDeniz Portföy Beşinci Serbest (Döviz) Fon | 2.61% | 17.75% | 22.31% |
 ZJIZiraat Portföy İkinci Serbest (TL) Fon | −12.84% | −35.20% | −33.76% |
| ZJBZiraat Portföy Birinci Serbest (TL) Fon | −13.24% | −34.23% | −32.81% |
 FSFFiba Portföy Para Piyasası Serbest (TL) Fon | 3.01% | 38.51% | 45.73% |
Related Pages
About the FMG Fund
QNB Portföy Gümüş Serbest Fon (FMG) is a mutual fund in the Hedge Fund category managed by QNB Finans Portföy Yönetimi A.Ş. Its price on November 12, 2026 is TRY 2.828329; the daily return is 0.31%, year-to-date −19.14% and 1-year 20.40%. Fund size TRY 9.9B, 9,003 investors, risk score 6/7.
Fonun ana yatırım stratejisi uyarınca, fon toplam değerinin en az %80'i devamlı olarak fiziki gümüşe, gümüşe dayalı para ve sermaye piyasası araçlarına, gümüşe dayalı endeksleri takip etmek üzere kurulmuş yerli/yabancı borsa yatırım fonlarına, menkul kıymet yatırım fonlarına veya gümüşe dayalı yerli/yabancı yapılandırılmış yatırım araçlarına yatırılacaktır.
Last updated: Source: TEFAS
Frequently Asked Questions
When is the FMG fund price published?
The official unit price of FMG 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 12, 2026. Until the price is published, see the live estimate section for an intraday estimate.
What is the FMG fund price today?
The unit price of FMG on November 12, 2026 is TRY 2.828329, a daily return of 0.31%. Fund prices are published after each business day; see the live estimate page for an intraday estimate.
How much did FMG return over the last year?
FMG returned 20.40% over the last year, −19.14% year to date, −13.38% over 3 months and −12.17% over 1 month. Past performance does not indicate future returns.
What were the highest and lowest prices of FMG over the last year?
Between November 12, 2025 and November 12, 2026 the unit price of FMG ranged from a low of TRY 2.326976 (November 24, 2025) to a high of TRY 5.602548 (January 30, 2026). The latest price as of November 12, 2026 is TRY 2.828329.
What is the risk score of FMG?
The CMB risk score of FMG is 6 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 FMG?
The annual management fee of FMG is 2.00%; 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 FMG invest in?
The portfolio of FMG consists mainly of Precious Metals Fund (63.17%), Stock (31.89%), Foreign Stock (2.06%). Fonun ana yatırım stratejisi uyarınca, fon toplam değerinin en az %80'i devamlı olarak fiziki gümüşe, gümüşe dayalı para ve sermaye piyasası araçlarına, gümüşe dayalı endeksleri takip etmek üzere kurulmuş yerli/yabancı borsa yatırım fonlarına, menkul kıymet yatırım fonlarına veya gümüşe dayalı yerli/yabancı yapılandırılmış yatırım araçlarına yatırılacaktır.
What are the largest holdings of FMG?
According to the 2026W44 portfolio report, the largest holdings of FMG are GMSTR (32.20%), SLV (2.05%). All holdings and their weight changes against the previous month are on the portfolio page.
Which other funds are in the same category as FMG?
FMG 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.