TEFASRisk 7/7Price Nov 2, 2026
Hedef Portföy İdeal Hisse Senedi Serbest (TL) Fon (Hisse Senedi Yoğun Fon) HPI
- Fund size (Nov 2, 2026)
- TRY 1.1M
- Investors
- 14
- Management fee (annual)
- 2.00%
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 (November 2, 2026). SPK bulletin 2026/60 · List of funds in liquidation
At a Glance: HPI Fund
- The HPI 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 HPI fund was TRY 0.032668 (November 2, 2026); no buy or redemption orders are executed.
- The HPI fund returned −97.21% over 1 month, −99.16% year to date and −99.14% over 1 year.
- The HPI fund has total assets of TRY 1.1M and 14 investors.
- The HPI fund is in the Hedge Fund category, with a CMB (SPK) risk score of 7 out of 7.
- The HPI fund was established by Hedef Portföy Yönetimi A.Ş.
What is the HPI fund?
HPI is the fund code of Hedef Portföy İdeal Hisse Senedi Serbest (TL) Fon. It was established by Hedef Portföy Yönetimi A.Ş. The HPI 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 HPI fund price and return?
The last official price of the HPI fund was TRY 0.032668 (November 2, 2026). It returned −97.21% over 1 month, −99.16% year to date and −99.14% over 1 year.
Is the HPI fund being liquidated?
Yes. The HPI 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.
HPI Fund Price Chart
Key Data
- Price
- 0.032668Nov 2, 2026
- Daily change
- −1.13%
- Trading status
- In liquidation
- Category
- Hedge Fund
- Umbrella fund
- Hedge
- Manager
- Hedef Portföy Yönetimi A.Ş.
- Risk score
- 7 / 7
- Fund size
- TRY 1.1MNov 2, 2026
- Investors
- 14
- Units outstanding
- 34.4M
- ISIN
- TRYHDFP00144
- Inception date
- Apr 20, 2021
- Benchmark
- %100 BIST-KYD 1 Aylık Mevduat TL Endeksi
HPI Return Comparison
| Comparison | 1M | 3M | 6M | YTD | 1Y |
|---|---|---|---|---|---|
| HPI | −97.21% | −99.58% | −99.61% | −99.16% | −99.14% |
| 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 (November 2, 2026). The amount paid to investors in liquidation depends on the cash raised from selling the portfolio and may differ from these returns.
HPI Fund Review and Performance Summary
HPI returned −99.14% 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 November 3, 2025 and November 2, 2026 the unit price ranged from a low of TRY 0.032668 (November 2, 2026) to a high of TRY 8.674603 (May 11, 2026). The latest price is at the low of the period.
The largest decline in the period was 99.62% (from the May 11, 2026 high to November 2, 2026). Annualized volatility based on daily price changes: 330.03%. The price rose on 105 of 249 trading days.
Monthly returns were positive in 5 of the last 12 months; best month January 2026 (52.51%), weakest month October 2026 (−97.80%).
Between November 3, 2025 and November 2, 2026 the number of investors fell 6.67%, from 15 to 14. Fund size fell from TRY 299M to TRY 1.1M over the same period.
Highest one-year returns in the category: BSM (88.67%), RBR (70.72%), GZM (67.43%).
HPI monthly returns
| Month | Month-end price (TRY) | Monthly return |
|---|---|---|
| October 2026 | 0.033043 | −97.80% |
| September 2026 | 1.502132 | −76.11% |
| August 2026 | 6.288334 | −19.21% |
| July 2026 | 7.783532 | −4.07% |
| June 2026 | 8.113650 | −0.55% |
| May 2026 | 8.158689 | −1.43% |
| April 2026 | 8.276786 | 14.71% |
| March 2026 | 7.215296 | 14.72% |
| February 2026 | 6.289498 | 6.21% |
| January 2026 | 5.921814 | 52.51% |
| December 2025 | 3.882998 | 8.01% |
| November 2025 | 3.595121 | −5.18% |
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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HPI Asset Allocation
- Deposits (TL)100.00%
HPI Largest Holdings
Net Flows
Investors
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Related Pages
About the HPI Fund
SPK decided to liquidate HPI 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 2, 2026): TRY 0.032668. Hedef Portföy İdeal 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 1.1M as of November 2, 2026, 14 investors.
Fonun yatırım stratejisi: Fon toplam değerinin en az %80'i devamlı olarak BIST'te işlem gören yerli ihraççıların ortaklık paylarına ve bu ortaklık paylarına ilişkin endeksleri takip etmek üzere kurulan yerli borsa yatırım fonları katılma paylarına yatırılır. Fonun yatırım amacı ağırlıklı olarak BIST'te işlem gören ortaklık paylarına yatırım yaparak Türk lirası bazında kazanç elde etmektir. Söz konusu yatırım hedeflerine ulaşılması amacıyla fon portföyü, yatırım öngörüleri doğrultusunda, uzun pozisyonlar alınarak oluşturulabileceği gibi kısa pozisyonlar alınarak veya uzun ve kısa pozisyonlardan oluşan bir portföy karması şeklinde oluşturulabilecektir. Uzun ve kısa pozisyonlar fon portföyüne kaldıraçlı olarak dahil edilebilir.
Last updated: Source: TEFAS
Frequently Asked Questions
Is the HPI fund open to trading?
SPK decided to liquidate HPI 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 0.032668 as of November 2, 2026.
When was the last price of HPI published?
The last official unit price of HPI is TRY 0.032668 as of November 2, 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 HPI. 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 HPI return over the last year?
Based on the last price published on TEFAS (November 2, 2026), HPI returned −99.14% over the last year, −99.16% year to date, −99.58% over 3 months and −97.21% over 1 month. Past performance does not indicate future returns.
What were the highest and lowest prices of HPI over the last year?
Between November 3, 2025 and November 2, 2026 the unit price of HPI ranged from a low of TRY 0.032668 (November 2, 2026) to a high of TRY 8.674603 (May 11, 2026). The latest price as of November 2, 2026 is TRY 0.032668.
What is the risk score of HPI?
The CMB risk score of HPI 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 HPI invest in?
The portfolio of HPI consists mainly of Deposits (TL) (100.00%). Fonun yatırım stratejisi: Fon toplam değerinin en az %80'i devamlı olarak BIST'te işlem gören yerli ihraççıların ortaklık paylarına ve bu ortaklık paylarına ilişkin endeksleri takip etmek üzere kurulan yerli borsa yatırım fonları katılma paylarına yatırılır. Fonun yatırım amacı ağırlıklı olarak BIST'te işlem gören ortaklık paylarına yatırım yaparak Türk lirası bazında kazanç elde etmektir. Söz konusu yatırım hedeflerine ulaşılması amacıyla fon portföyü, yatırım öngörüleri doğrultusunda, uzun pozisyonlar alınarak oluşturulabileceği gibi kısa pozisyonlar alınarak veya uzun ve kısa pozisyonlardan oluşan bir portföy karması şeklinde oluşturulabilecektir. Uzun ve kısa pozisyonlar fon portföyüne kaldıraçlı olarak dahil edilebilir.
Which other funds are in the same category as HPI?
HPI 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.