TEFASRisk 7/7Price Oct 22, 2026
Hedef Portföy Kuzey Hisse Senedi Serbest (TL) Fon (Hisse Senedi Yoğun Fon) HPF
- Fund size (Oct 22, 2026)
- TRY 7.7M
- Investors
- 12
- Management fee (annual)
- 3.00%
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 22, 2026). SPK bulletin 2026/60 · List of funds in liquidation
At a Glance: HPF Fund
- The HPF 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 HPF fund was TRY 0.177820 (October 22, 2026); no buy or redemption orders are executed.
- The HPF fund returned −90.14% over 1 month, −99.36% year to date and −99.46% over 1 year.
- The HPF fund has total assets of TRY 7.7M and 12 investors.
- The HPF fund is in the Hedge Fund category, with a CMB (SPK) risk score of 7 out of 7.
- The HPF fund was established by Hedef Portföy Yönetimi A.Ş.
What is the HPF fund?
HPF is the fund code of Hedef Portföy Kuzey Hisse Senedi Serbest (TL) Fon. It was established by Hedef Portföy Yönetimi A.Ş. The HPF 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 HPF fund price and return?
The last official price of the HPF fund was TRY 0.177820 (October 22, 2026). It returned −90.14% over 1 month, −99.36% year to date and −99.46% over 1 year.
Is the HPF fund being liquidated?
Yes. The HPF 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.
HPF Fund Price Chart
Key Data
- Price
- 0.177820Oct 22, 2026
- Daily change
- −81.69%
- Trading status
- In liquidation
- Category
- Hedge Fund
- Umbrella fund
- Hedge
- Manager
- Hedef Portföy Yönetimi A.Ş.
- Risk score
- 7 / 7
- Fund size
- TRY 7.7MOct 22, 2026
- Investors
- 12
- Units outstanding
- 43.1M
- ISIN
- TRYHDFP00029
- Inception date
- Jan 18, 2018
- Benchmark
- %100 KYD 1 Aylık Gösterge Mevduat Endeksi TL
HPF Return Comparison
| Comparison | 1M | 3M | 6M | YTD | 1Y |
|---|---|---|---|---|---|
| HPF | −90.14% | −99.52% | −99.56% | −99.36% | −99.46% |
| Category average | 1.91% | 4.46% | 10.24% | 18.46% | 22.63% |
| BIST 100 | −11.29% | −19.10% | −24.61% | −3.34% | −0.78% |
| Category rank | 324 / 324 | 324 / 324 | 324 / 324 | 324 / 324 | 302 / 302 |
Returns are calculated from the last price published on TEFAS (October 22, 2026). The amount paid to investors in liquidation depends on the cash raised from selling the portfolio and may differ from these returns.
HPF Fund Review and Performance Summary
HPF returned −99.46% over the last year, ranking 302 of 302 funds in the Hedge Fund category. Over the same period: category average 22.63%, BIST 100 −0.78%.
Between October 22, 2025 and October 22, 2026 the unit price ranged from a low of TRY 0.177820 (October 22, 2026) to a high of TRY 40.865767 (August 24, 2026). The latest price is at the low of the period.
The largest decline in the period was 99.56% (from the August 24, 2026 high to October 22, 2026). Annualized volatility based on daily price changes: 290.42%. The price rose on 126 of 248 trading days.
Monthly returns were positive in 6 of the last 12 months; best month June 2026 (49.20%), weakest month September 2026 (−98.67%).
Highest one-year returns in the category: BSM (88.67%), RBR (70.72%), GZM (67.43%).
HPF monthly returns
| Month | Month-end price (TRY) | Monthly return |
|---|---|---|
| September 2026 | 0.430310 | −98.67% |
| August 2026 | 32.314235 | 0.78% |
| July 2026 | 32.065085 | −13.89% |
| June 2026 | 37.238969 | 49.20% |
| May 2026 | 24.958775 | −21.93% |
| April 2026 | 31.970389 | −2.26% |
| March 2026 | 32.710652 | 6.03% |
| February 2026 | 30.851476 | 3.21% |
| January 2026 | 29.892337 | 8.17% |
| December 2025 | 27.633644 | −11.82% |
| November 2025 | 31.338500 | −7.94% |
| October 2025 | 34.040960 | 21.09% |
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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HPF Asset Allocation
- Stock79.83%
- Deposits (TL)20.17%
Stocks in the HPF Fund
Net Flows
Investors
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Related Pages
About the HPF Fund
SPK decided to liquidate HPF 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 22, 2026): TRY 0.177820. Hedef Portföy Kuzey 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 7.7M as of October 22, 2026, 12 investors.
Ekonomik ve finansal piyasaları etkileyen diğer faktörlerin analizi ve beklentilere göre oluşacak yatırım öngörüsü doğrultusunda TL cinsi para ve sermaye piyasası araçlarına, taraf olunacak sözleşmelere, finansal işlemlere ve menkul kıymetlere ve Kurulca uygun görülen diğer yatırım araçlarına yatırım yaparak sermaye kazancı ve faiz geliri sağlamak ve portföy değerini artırmayı amaçlamaktadır. Bu doğrultuda temel ve teknik analiz yöntemleri kullanılarak fiyatı yükselmesi beklenen varlıklara yatırım yapılarak gelir yaratmaya çalışılacaktır.
Last updated: Source: TEFAS
Frequently Asked Questions
Is the HPF fund open to trading?
SPK decided to liquidate HPF 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 0.177820 as of October 22, 2026.
When was the last price of HPF published?
The last official unit price of HPF is TRY 0.177820 as of October 22, 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 HPF. 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 HPF return over the last year?
Based on the last price published on TEFAS (October 22, 2026), HPF returned −99.46% over the last year, −99.36% year to date, −99.52% over 3 months and −90.14% over 1 month. Past performance does not indicate future returns.
What were the highest and lowest prices of HPF over the last year?
Between October 22, 2025 and October 22, 2026 the unit price of HPF ranged from a low of TRY 0.177820 (October 22, 2026) to a high of TRY 40.865767 (August 24, 2026). The latest price as of October 22, 2026 is TRY 0.177820.
What is the risk score of HPF?
The CMB risk score of HPF 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 HPF invest in?
The portfolio of HPF consists mainly of Stock (79.83%), Deposits (TL) (20.17%). Ekonomik ve finansal piyasaları etkileyen diğer faktörlerin analizi ve beklentilere göre oluşacak yatırım öngörüsü doğrultusunda TL cinsi para ve sermaye piyasası araçlarına, taraf olunacak sözleşmelere, finansal işlemlere ve menkul kıymetlere ve Kurulca uygun görülen diğer yatırım araçlarına yatırım yaparak sermaye kazancı ve faiz geliri sağlamak ve portföy değerini artırmayı amaçlamaktadır. Bu doğrultuda temel ve teknik analiz yöntemleri kullanılarak fiyatı yükselmesi beklenen varlıklara yatırım yapılarak gelir yaratmaya çalışılacaktır.
Which other funds are in the same category as HPF?
HPF 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.