TEFASRisk 7/7Price Nov 13, 2026
Hedef Portföy Çınar Hisse Senedi Serbest (TL) Fon (Hisse Senedi Yoğun Fon) HPL
- Fund size (Nov 13, 2026)
- TRY 2.7M
- Investors
- 24
- Management fee (annual)
- 1.20%
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 13, 2026). SPK bulletin 2026/60 · List of funds in liquidation
At a Glance: HPL Fund
- The HPL 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 HPL fund was TRY 0.009087 (November 13, 2026); no buy or redemption orders are executed.
- The HPL fund returned −98.60% over 1 month, −99.71% year to date and −99.70% over 1 year.
- The HPL fund has total assets of TRY 2.7M and 24 investors.
- The HPL fund is in the Hedge Fund category, with a CMB (SPK) risk score of 7 out of 7.
- The HPL fund was established by Hedef Portföy Yönetimi A.Ş.
What is the HPL fund?
HPL is the fund code of Hedef Portföy Çınar Hisse Senedi Serbest (TL) Fon. It was established by Hedef Portföy Yönetimi A.Ş. The HPL 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 HPL fund price and return?
The last official price of the HPL fund was TRY 0.009087 (November 13, 2026). It returned −98.60% over 1 month, −99.71% year to date and −99.70% over 1 year.
Is the HPL fund being liquidated?
Yes. The HPL 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.
HPL Fund Price Chart
Key Data
- Price
- 0.009087Nov 13, 2026
- Daily change
- 0.01%
- Trading status
- In liquidation
- Category
- Hedge Fund
- Umbrella fund
- Hedge
- Manager
- Hedef Portföy Yönetimi A.Ş.
- Risk score
- 7 / 7
- Fund size
- TRY 2.7MNov 13, 2026
- Investors
- 24
- Units outstanding
- 291.8M
- ISIN
- TRYHDFP00177
- Inception date
- Oct 13, 2021
- Benchmark
- %80 BIST 100 Getiri Endeksi + %20 BIST-KYD 1 Aylık Mevduat TL
HPL Return Comparison
| Comparison | 1M | 3M | 6M | YTD | 1Y |
|---|---|---|---|---|---|
| HPL | −98.60% | −99.30% | −99.65% | −99.71% | −99.70% |
| Category average | 1.75% | 4.06% | 9.63% | 19.62% | 23.39% |
| BIST 100 | −3.33% | −16.20% | −18.88% | 5.16% | 11.42% |
| Category rank | 325 / 325 | 325 / 325 | 325 / 325 | 325 / 325 | 307 / 307 |
Returns are calculated from the last price published on TEFAS (November 13, 2026). The amount paid to investors in liquidation depends on the cash raised from selling the portfolio and may differ from these returns.
HPL Fund Review and Performance Summary
HPL returned −99.70% over the last year, ranking 307 of 307 funds in the Hedge Fund category. Over the same period: category average 23.39%, BIST 100 11.42%.
Between November 13, 2025 and November 13, 2026 the unit price ranged from a low of TRY 0.009078 (November 5, 2026) to a high of TRY 3.563059 (June 26, 2026). The latest price is 99.74% below the high and 0.10% above the low.
The largest decline in the period was 99.75% (from the June 26, 2026 high to November 5, 2026). Annualized volatility based on daily price changes: 449.99%. The price rose on 101 of 249 trading days.
Monthly returns were positive in 3 of the last 12 months; best month June 2026 (29.89%), weakest month September 2026 (−94.95%).
Between November 13, 2025 and November 13, 2026 the number of investors fell 22.58%, from 31 to 24. Fund size fell from TRY 1.4B to TRY 2.7M over the same period.
Highest one-year returns in the category: IJI (100.50%), BSM (88.73%), GZM (79.17%).
HPL monthly returns
| Month | Month-end price (TRY) | Monthly return |
|---|---|---|
| October 2026 | 0.009187 | −83.52% |
| September 2026 | 0.055735 | −94.95% |
| August 2026 | 1.103259 | −54.23% |
| July 2026 | 2.410656 | −20.78% |
| June 2026 | 3.043144 | 29.89% |
| May 2026 | 2.342870 | −7.21% |
| April 2026 | 2.524993 | 2.73% |
| March 2026 | 2.457935 | −9.85% |
| February 2026 | 2.726357 | −1.93% |
| January 2026 | 2.779899 | −10.33% |
| December 2025 | 3.100168 | 2.52% |
| November 2025 | 3.023981 | −17.15% |
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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HPL Asset Allocation
- Deposits (TL)78.81%
- Investment Fund Participation Shares21.19%
HPL Largest Holdings
Net Flows
Investors
Similar Funds
| Fund | 1 month | YTD | 1 year |
|---|---|---|---|
 KHTAllbatross Portföy Kartal Hisse Senedi Serbest (TL) Fon | −18.45% | −50.25% | −61.94% |
| DEFAllbatross Portföy Defne Serbest Fon | 6.10% | 18.44% | 25.70% |
| IHZAllbatross Portföy İkinci Hisse Senedi Serbest Fon | 7.02% | −28.48% | −22.49% |
 OTKOyak Portföy Birinci Katılım Serbest Fon | 3.00% | 35.55% | 41.35% |
 IENİstanbul Portföy İnşaat Sektörü Hisse Senedi Serbest (TL) Fon | −5.44% | 4.21% | — |
Related Pages
About the HPL Fund
SPK decided to liquidate HPL 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 13, 2026): TRY 0.009087. Hedef Portföy Çınar Hisse Senedi Serbest (TL) Fon (Hisse Senedi Yoğun Fon) is a mutual fund in the Hedge Fund category founded by Hedef Portföy Yönetimi A.Ş. Fund size TRY 2.7M as of November 13, 2026, 24 investors.
Fon, Tebliğin ilgili hükümleri çerçevesinde nitelikli yatırımcılara satılacak serbest fon statüsündedir. Fon portföyüne alınacak finansal varlıklar Kurul'un düzenlemelerine ve bu izahnamede belirtilen esaslara uygun olarak seçilir ve portföy yöneticisi tarafından mevzuata uygun olarak yönetilir. Fon portföyünde yalnızca Türk lirası cinsinden varlıklar ve işlemler yer alacaktır. Fon portföyünde yabancı para birimi cinsinden varlık ve altın ile diğer kıymetli madenler ve bunlara dayalı sermaye piyasası araçları bulunmayacaktır. Ayrıca, fon portföyünde yabancı para birimi cinsinden varlık ve altın ile diğer kıymetli madenler ve bunlara dayalı sermaye piyasası araçlarına yönelik organize ve tezgahüstü türev araçlara yer verilmeyecektir.
Last updated: Source: TEFAS
Frequently Asked Questions
Is the HPL fund open to trading?
SPK decided to liquidate HPL 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 0.009087 as of November 13, 2026.
When was the last price of HPL published?
The last official unit price of HPL is TRY 0.009087 as of November 13, 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 HPL. 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 HPL return over the last year?
Based on the last price published on TEFAS (November 13, 2026), HPL returned −99.70% over the last year, −99.71% year to date, −99.30% over 3 months and −98.60% over 1 month. Past performance does not indicate future returns.
What were the highest and lowest prices of HPL over the last year?
Between November 13, 2025 and November 13, 2026 the unit price of HPL ranged from a low of TRY 0.009078 (November 5, 2026) to a high of TRY 3.563059 (June 26, 2026). The latest price as of November 13, 2026 is TRY 0.009087.
What is the risk score of HPL?
The CMB risk score of HPL 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 HPL invest in?
The portfolio of HPL consists mainly of Deposits (TL) (78.81%), Investment Fund Participation Shares (21.19%). Fon, Tebliğin ilgili hükümleri çerçevesinde nitelikli yatırımcılara satılacak serbest fon statüsündedir. Fon portföyüne alınacak finansal varlıklar Kurul'un düzenlemelerine ve bu izahnamede belirtilen esaslara uygun olarak seçilir ve portföy yöneticisi tarafından mevzuata uygun olarak yönetilir. Fon portföyünde yalnızca Türk lirası cinsinden varlıklar ve işlemler yer alacaktır. Fon portföyünde yabancı para birimi cinsinden varlık ve altın ile diğer kıymetli madenler ve bunlara dayalı sermaye piyasası araçları bulunmayacaktır. Ayrıca, fon portföyünde yabancı para birimi cinsinden varlık ve altın ile diğer kıymetli madenler ve bunlara dayalı sermaye piyasası araçlarına yönelik organize ve tezgahüstü türev araçlara yer verilmeyecektir.
Which other funds are in the same category as HPL?
HPL 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.