TEFASRisk 3/7Price Oct 21, 2026
Hedef Portföy Algo Everest İstatistiksel Arbitraj Hisse Senedi Serbest Fon (Hisse Senedi Yoğun Fon) HEH
- Fund size (Oct 21, 2026)
- TRY 367.7M
- Investors
- 1,316
- Management fee (annual)
- 4.50%
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 (October 21, 2026). SPK bulletin 2026/60 · List of funds in liquidation
At a Glance: HEH Fund
- The HEH fund is on the liquidation list of Capital Markets Board (SPK) bulletin 2026/60 dated September 17, 2026. Liquidated funds
- According to Yatırımcı.AI data, the last official price of the HEH fund was TRY 3.348108 (October 21, 2026); no buy or redemption orders are executed.
- The HEH fund returned 26.16% year to date.
- The HEH fund has total assets of TRY 367.7M and 1,316 investors.
- The HEH fund is in the Hedge Fund category, with a CMB (SPK) risk score of 3 out of 7.
- The HEH fund was established by Hedef Portföy Yönetimi A.Ş.
What is the HEH fund?
HEH is the fund code of Hedef Portföy Algo Everest İstatistiksel Arbitraj Hisse Senedi Serbest Fon. It was established by Hedef Portföy Yönetimi A.Ş. The HEH fund is in the Hedge Fund category, with a CMB (SPK) risk score of 3 out of 7. The fund is in liquidation by Capital Markets Board (SPK) decision.
What is the HEH fund price and return?
The last official price of the HEH fund was TRY 3.348108 (October 21, 2026). It returned 26.16% year to date.
Is the HEH fund being liquidated?
Yes. The HEH 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.
HEH Fund Price Chart
Key Data
- Price
- 3.348108Oct 21, 2026
- Daily change
- −1.37%
- Trading status
- In liquidation
- Category
- Hedge Fund
- Umbrella fund
- Hedge
- Manager
- Hedef Portföy Yönetimi A.Ş.
- Risk score
- 3 / 7
- Fund size
- TRY 367.7MOct 21, 2026
- Investors
- 1,316
- Units outstanding
- 109.8M
- Purchase / redemption value date
- T+1 / T+2
- Min. purchase (units)
- 1
- Trading hours
- 09:00 – 17:45
- ISIN
- TRYHDFP00417
- Inception date
- Mar 3, 2023
- Benchmark
- %100 BIST-KYD 1 Aylık Mevduat TL Endeksi*1,20
HEH Return Comparison
| Comparison | 1M | 3M | 6M | YTD | 1Y |
|---|---|---|---|---|---|
| HEH | — | — | — | 26.16% | — |
| Category average | 1.91% | 4.46% | 10.24% | 18.46% | 22.63% |
| BIST 100 | −11.29% | −19.10% | −24.61% | −3.34% | −0.78% |
Returns are calculated from the last price published on TEFAS (October 21, 2026). The amount paid to investors in liquidation depends on the cash raised from selling the portfolio and may differ from these returns.
HEH Fund Review and Performance Summary
Between October 21, 2025 and October 21, 2026 the unit price ranged from a low of TRY 2.489553 (October 21, 2025) to a high of TRY 3.434421 (October 19, 2026). The latest price is 2.51% below the high and 34.49% above the low.
The largest decline in the period was 2.51% (from the October 19, 2026 high to October 21, 2026). Annualized volatility based on daily price changes: 3.50%. The price rose on 197 of 250 trading days.
Monthly returns were positive in 12 of the last 12 months; best month June 2026 (3.86%), weakest month February 2026 (1.80%).
Between October 21, 2025 and October 21, 2026 the number of investors fell 61.82%, from 3,447 to 1,316. Fund size fell from TRY 1.5B to TRY 367.7M over the same period.
Highest one-year returns in the category: BSM (88.67%), RBR (70.72%), GZM (67.43%).
HEH monthly returns
| Month | Month-end price (TRY) | Monthly return |
|---|---|---|
| September 2026 | 3.392868 | 2.36% |
| August 2026 | 3.314510 | 2.21% |
| July 2026 | 3.242830 | 2.94% |
| June 2026 | 3.150109 | 3.86% |
| May 2026 | 3.033099 | 3.45% |
| April 2026 | 2.931907 | 2.82% |
| March 2026 | 2.851389 | 2.71% |
| February 2026 | 2.776163 | 1.80% |
| January 2026 | 2.727132 | 2.76% |
| December 2025 | 2.653961 | 2.68% |
| November 2025 | 2.584578 | 2.37% |
| October 2025 | 2.524842 | 3.63% |
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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HEH Asset Allocation
- Deposits (TL)99.93%
- Stock0.07%
HEH Largest Holdings
SASASasa Polyester15.79%1.74%
TUPRSTüpraş15.46%1.71%
YKBNKYapi ve Kredi Bank.7.35%3.23%
SAHOLSabanci Holding7.17%−0.11%
AKBNKAkbank4.66%−1.39%
Net Flows
Investors
Similar Funds
| Fund | 1 month | YTD | 1 year |
|---|---|---|---|
 DPIDeniz Portföy İstatistiksel Arbitraj Hisse Senedi Serbest Fon | 2.23% | 32.16% | 39.43% |
 MT2MT Portföy Para Piyasası Serbest (TL) Fon | −3.57% | 34.79% | 0.00% |
| DHVDeniz Portföy Birinci Hisse Senedi Serbest (TL) Fon | −13.74% | 54.78% | — |
| BLDDeniz Portföy Balev Eğitime Destek Serbest Fon | 3.00% | 36.48% | 44.89% |
 MOZEmaa Blue Portföy Mozaik Serbest Fon | −4.80% | 17.68% | — |
Related Pages
About the HEH Fund
SPK decided to liquidate HEH 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 (October 21, 2026): TRY 3.348108. Hedef Portföy Algo Everest İstatistiksel Arbitraj Hisse Senedi Serbest Fon (Hisse Senedi Yoğun Fon) is a mutual fund in the Hedge Fund category founded by Hedef Portföy Yönetimi A.Ş. Fund size TRY 367.7M as of October 21, 2026, 1,316 investors.
Fon'un ana yatırım stratejisi uyarınca; Fon toplam değerinin en az %80'i devamlı olarak BIST'te işlem gören ortaklık paylarına ve bu paylardan oluşan endeksleri takip etmek üzere kurulan borsa yatırım fonları katılma paylarına yatırılır. Ayrıca, Fon'un hisse senedi yoğun fon olması nedeniyle Fon portföy değerinin en az %80'i devamlı olarak menkul kıymet yatırım ortaklıkları payları hariç olmak üzere BIST'te işlem gören ihraççı paylarına, ihraççı paylarına ve pay endekslerine dayalı olarak yapılan vadeli işlem sözleşmelerinin nakit teminatlarına, ihraççı paylarına ve pay endekslerine dayalı opsiyon sözleşmelerinin primleri ile borsada işlem gören ihraççı paylarına ve pay endekslerine dayalı aracı kuruluş varantlarına ve ihraççı paylarından oluşan endeksleri 27/11/2013 tarihli ve 28834 sayılı Resmi Gazete'de yayımlanan Borsa Yatırım Fonlarına İlişkin Esaslar Tebliği (III-52.2)'nin 5 inci maddesinin dördüncü fıkrasının (a) bendi kapsamında takip etmek üzere kurulan borsa yatırım fonu paylarına yatırılır.
Last updated: Source: TEFAS
Frequently Asked Questions
Is the HEH fund open to trading?
SPK decided to liquidate HEH 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 3.348108 as of October 21, 2026.
When was the last price of HEH published?
The last official unit price of HEH is TRY 3.348108 as of October 21, 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 HEH. 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.
What were the highest and lowest prices of HEH over the last year?
Between October 21, 2025 and October 21, 2026 the unit price of HEH ranged from a low of TRY 2.489553 (October 21, 2025) to a high of TRY 3.434421 (October 19, 2026). The latest price as of October 21, 2026 is TRY 3.348108.
What is the risk score of HEH?
The CMB risk score of HEH is 3 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 HEH?
The annual management fee of HEH is 4.50%; 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 HEH invest in?
The portfolio of HEH consists mainly of Deposits (TL) (99.93%), Stock (0.07%). Fon'un ana yatırım stratejisi uyarınca; Fon toplam değerinin en az %80'i devamlı olarak BIST'te işlem gören ortaklık paylarına ve bu paylardan oluşan endeksleri takip etmek üzere kurulan borsa yatırım fonları katılma paylarına yatırılır. Ayrıca, Fon'un hisse senedi yoğun fon olması nedeniyle Fon portföy değerinin en az %80'i devamlı olarak menkul kıymet yatırım ortaklıkları payları hariç olmak üzere BIST'te işlem gören ihraççı paylarına, ihraççı paylarına ve pay endekslerine dayalı olarak yapılan vadeli işlem sözleşmelerinin nakit teminatlarına, ihraççı paylarına ve pay endekslerine dayalı opsiyon sözleşmelerinin primleri ile borsada işlem gören ihraççı paylarına ve pay endekslerine dayalı aracı kuruluş varantlarına ve ihraççı paylarından oluşan endeksleri 27/11/2013 tarihli ve 28834 sayılı Resmi Gazete'de yayımlanan Borsa Yatırım Fonlarına İlişkin Esaslar Tebliği (III-52.2)'nin 5 inci maddesinin dördüncü fıkrasının (a) bendi kapsamında takip etmek üzere kurulan borsa yatırım fonu paylarına yatırılır.
What are the largest holdings of HEH?
According to the 2026W36 portfolio report, the largest holdings of HEH are SASA (15.79%), TUPRS (15.46%), YKBNK (7.35%), SAHOL (7.17%), AKBNK (4.66%). All holdings and their weight changes against the previous month are on the portfolio page.
Which other funds are in the same category as HEH?
HEH 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.