- Fund size
- TRY 9.3B
- Investors
- 5,849
- Management fee (annual)
- 2.01%
At a Glance: FNO Fund
- According to Yatırımcı.AI data, the FNO fund price was TRY 0.206736 as of November 2, 2026, a daily change of −0.30%.
- The FNO fund returned 0.39% over 1 month, 18.09% year to date and 28.20% over 1 year.
- The FNO fund has total assets of TRY 9.3B and 5,849 investors.
- The FNO fund is in the Variable Fund category, with a CMB (SPK) risk score of 4 out of 7.
- The FNO fund was established by QNB Finans Portföy Yönetimi A.Ş.
What is the FNO fund?
FNO is the fund code of QNB Portföy Birinci Değişken Fon. It was established by QNB Finans Portföy Yönetimi A.Ş. The FNO fund is in the Variable Fund category, with a CMB (SPK) risk score of 4 out of 7.
What is the FNO fund price and return?
The FNO fund price was TRY 0.206736 as of November 2, 2026. It returned 0.39% over 1 month, 18.09% year to date and 28.20% over 1 year.
FNO Fund Price Chart
Key Data
- Price
- 0.206736Nov 2, 2026
- Daily change
- −0.30%
- Trading status
- Open to trading
- Category
- Variable Fund
- Umbrella fund
- Variable
- Risk score
- 4 / 7
- Fund size
- TRY 9.3B
- Investors
- 5,849
- Units outstanding
- 45.1B
- Purchase / redemption value date
- T+1 / T+2
- Min. purchase (units)
- 1
- Trading hours
- 09:00 – 17:30
- ISIN
- TRYFNBK00063
- Inception date
- Dec 11, 2006
- Benchmark
- BIST-KYD 1 Aylık Mevduat TL Endeksi
FNO Return Comparison
| Comparison | 1M | 3M | 6M | YTD | 1Y |
|---|---|---|---|---|---|
| FNO | 0.39% | 4.85% | 9.46% | 18.09% | 28.20% |
| Category average | −4.00% | −2.61% | 3.13% | 18.84% | 25.24% |
| BIST 100 | −11.24% | −19.07% | −24.58% | −3.29% | −0.73% |
| Category rank | 22 / 138 | 21 / 138 | 41 / 137 | 74 / 138 | 50 / 129 |
FNO Fund Review and Performance Summary
FNO returned 28.20% over the last year, ranking 50 of 129 funds in the Variable Fund category. Over the same period: category average 25.24%, BIST 100 −0.73%.
Between November 3, 2025 and November 2, 2026 the unit price ranged from a low of TRY 0.161001 (November 5, 2025) to a high of TRY 0.210461 (September 23, 2026). The latest price is 1.77% below the high and 28.41% above the low.
The largest decline in the period was 2.99% (from the September 23, 2026 high to October 1, 2026). Annualized volatility based on daily price changes: 7.55%. The price rose on 155 of 250 trading days.
Monthly returns were positive in 9 of the last 12 months; best month January 2026 (8.05%), weakest month September 2026 (−2.32%).
Between November 3, 2025 and November 2, 2026 the number of investors fell 4.79%, from 6,143 to 5,849. Fund size grew from TRY 8.2B to TRY 9.3B over the same period.
Highest one-year returns in the category: CPT (65.75%), YIT (55.64%), IRT (48.62%).
FNO monthly returns
| Month | Month-end price (TRY) | Monthly return |
|---|---|---|
| October 2026 | 0.207349 | 0.93% |
| September 2026 | 0.205441 | −2.32% |
| August 2026 | 0.210317 | 7.31% |
| July 2026 | 0.195989 | −0.52% |
| June 2026 | 0.197008 | 3.64% |
| May 2026 | 0.190082 | 0.64% |
| April 2026 | 0.188868 | 0.58% |
| March 2026 | 0.187782 | −1.89% |
| February 2026 | 0.191398 | 1.18% |
| January 2026 | 0.189170 | 8.05% |
| December 2025 | 0.175071 | 3.82% |
| November 2025 | 0.168625 | 4.80% |
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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FNO Asset Allocation
- Government Bond25.08%
- Futures Cash Collateral22.95%
- Foreign Stock17.88%
- Stock15.65%
- Switched-Repo6.69%
- Other11.75%
FNO Largest Holdings
- IHAK7.83%0.82%
BIMASBim Mağazalar4.96%−0.06%- EWG4.65%−4.39%
THYAOTürk Hava Yollari3.07%0.72%
YKBNKYapi ve Kredi Bank.2.82%0.01%
Net Flows
Investors
Similar Funds
| Fund | 1 month | YTD | 1 year |
|---|---|---|---|
 HSAHSBC Portföy Değişken (TL) Fon | −4.77% | 16.99% | 17.38% |
 IJCİş Portföy Yarı İletken Teknolojileri Değişken Fon | −12.58% | 39.57% | 33.05% |
 GMAAzimut Portföy Birinci Değişken Fon | −2.06% | 28.23% | 35.03% |
 TE4TEB Portföy Birinci Değişken Fon | 2.44% | 35.73% | 44.64% |
| TI4İş Portföy Temkinli Değişken Fon | 0.88% | 23.38% | 38.72% |
Related Pages
About the FNO Fund
QNB Portföy Birinci Değişken Fon (FNO) is a mutual fund in the Variable Fund category managed by QNB Finans Portföy Yönetimi A.Ş. Its price on November 2, 2026 is TRY 0.206736; the daily return is −0.30%, year-to-date 18.09% and 1-year 28.20%. Fund size TRY 9.3B, 5,849 investors, risk score 4/7.
Fon piyasa koşullarına göre mevzuatın belirlediği sınırlar çerçevesinde aktif olarak yönetilmektedir. Fon bu amaçla farklı piyasalarda uzun veya kısa pozisyon alarak hedefine ulaşmaya çalışır. Bu çerçevede, fon ağırlıklı olarak para piyasası araçları ile devlet ve özel sektör borçlanma araçlarından sabit bir getiri hedeflerken; hisse, bono ve döviz piyasasındaki aşağı veya yukarı yönlü hareketlerden faydalanmak amacıyla uzun veya kısa pozisyon alır. Fon değişen piyasa ve ekonomi koşullarına göre hangi varlık türüne hangi yönde (uzun veya kısa) ve ne oranda yatırım yapılması gerektiğini belirler. Uygun dağılım belirlendikten sonra, ilgili varlık gruplarında yatırım aracı ve menkul kıymet seçimi yapılarak fon portföyü oluşturulur. Fon portföyüne yabancı sermaye piyasası araçları da dahil edilebilir. Ancak, fon portföyüne dahil edilen yabancı para ve sermaye piyasası araçları fon toplam değerinin %80'i ve fazlası olamaz. Fon yöneticisi risk-getiri perspektifiyle, hedeflenen volatilite aralığına karşılık gelen azami getiriyi sağlama hedefiyle yatırım yapar.
Last updated: Source: TEFAS
Frequently Asked Questions
When is the FNO fund price published?
The official unit price of FNO 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 2, 2026. Until the price is published, see the live estimate section for an intraday estimate.
What is the FNO fund price today?
The unit price of FNO on November 2, 2026 is TRY 0.206736, a daily return of −0.30%. Fund prices are published after each business day; see the live estimate page for an intraday estimate.
How much did FNO return over the last year?
FNO returned 28.20% over the last year, 18.09% year to date, 4.85% over 3 months and 0.39% over 1 month. Past performance does not indicate future returns.
What were the highest and lowest prices of FNO over the last year?
Between November 3, 2025 and November 2, 2026 the unit price of FNO ranged from a low of TRY 0.161001 (November 5, 2025) to a high of TRY 0.210461 (September 23, 2026). The latest price as of November 2, 2026 is TRY 0.206736.
What is the risk score of FNO?
The CMB risk score of FNO is 4 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 FNO?
The annual management fee of FNO is 2.01%; 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 FNO invest in?
The portfolio of FNO consists mainly of Government Bond (25.08%), Futures Cash Collateral (22.95%), Foreign Stock (17.88%). Fon piyasa koşullarına göre mevzuatın belirlediği sınırlar çerçevesinde aktif olarak yönetilmektedir. Fon bu amaçla farklı piyasalarda uzun veya kısa pozisyon alarak hedefine ulaşmaya çalışır. Bu çerçevede, fon ağırlıklı olarak para piyasası araçları ile devlet ve özel sektör borçlanma araçlarından sabit bir getiri hedeflerken; hisse, bono ve döviz piyasasındaki aşağı veya yukarı yönlü hareketlerden faydalanmak amacıyla uzun veya kısa pozisyon alır. Fon değişen piyasa ve ekonomi koşullarına göre hangi varlık türüne hangi yönde (uzun veya kısa) ve ne oranda yatırım yapılması gerektiğini belirler. Uygun dağılım belirlendikten sonra, ilgili varlık gruplarında yatırım aracı ve menkul kıymet seçimi yapılarak fon portföyü oluşturulur. Fon portföyüne yabancı sermaye piyasası araçları da dahil edilebilir. Ancak, fon portföyüne dahil edilen yabancı para ve sermaye piyasası araçları fon toplam değerinin %80'i ve fazlası olamaz. Fon yöneticisi risk-getiri perspektifiyle, hedeflenen volatilite aralığına karşılık gelen azami getiriyi sağlama hedefiyle yatırım yapar.
What are the largest holdings of FNO?
According to the September 2026 portfolio report, the largest holdings of FNO are IHAK (7.83%), BIMAS (4.96%), EWG (4.65%), THYAO (3.07%), YKBNK (2.82%). All holdings and their weight changes against the previous month are on the portfolio page.
Which other funds are in the same category as FNO?
FNO belongs to the Variable Fund category. Compare the returns of all funds in the category on the category page and the overall ranking on the best funds page.