TEFASRisk 7/7Price Nov 2, 2026
Hedef Portföy Zen Hisse Senedi Serbest (TL) Fon (Hisse Senedi Yoğun) HPZ
- Fund size (Nov 2, 2026)
- TRY 535.9K
- Investors
- 18
- Management fee (annual)
- 0.10%
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: HPZ Fund
- The HPZ 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 HPZ fund was TRY 55.393576 (November 2, 2026); no buy or redemption orders are executed.
- The HPZ fund returned −89.27% over 1 month, −91.34% year to date and −90.25% over 1 year.
- The HPZ fund has total assets of TRY 535.9K and 18 investors.
- The HPZ fund is in the Hedge Fund category, with a CMB (SPK) risk score of 7 out of 7.
- The HPZ fund was established by Hedef Portföy Yönetimi A.Ş.
What is the HPZ fund?
HPZ is the fund code of Hedef Portföy Zen Hisse Senedi Serbest (TL) Fon (Hisse Senedi Yoğun). It was established by Hedef Portföy Yönetimi A.Ş. The HPZ 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 HPZ fund price and return?
The last official price of the HPZ fund was TRY 55.393576 (November 2, 2026). It returned −89.27% over 1 month, −91.34% year to date and −90.25% over 1 year.
Is the HPZ fund being liquidated?
Yes. The HPZ 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.
HPZ Fund Price Chart
Key Data
- Price
- 55.393576Nov 2, 2026
- Daily change
- −1.00%
- Trading status
- In liquidation
- Category
- Hedge Fund
- Umbrella fund
- Hedge
- Manager
- Hedef Portföy Yönetimi A.Ş.
- Risk score
- 7 / 7
- Fund size
- TRY 535.9KNov 2, 2026
- Investors
- 18
- Units outstanding
- 9.7K
- ISIN
- TRYHDFP00136
- Inception date
- Apr 22, 2021
- Benchmark
- %80 BIST100 Getiri Endeksi + %20 BIST-KYD 1 Aylık Mevduat TL Endeksi
HPZ Return Comparison
| Comparison | 1M | 3M | 6M | YTD | 1Y |
|---|---|---|---|---|---|
| HPZ | −89.27% | −89.27% | −90.49% | −91.34% | −90.25% |
| 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 | 323 / 324 | 301 / 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.
HPZ Fund Review and Performance Summary
HPZ returned −90.25% over the last year, ranking 301 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 55.393576 (November 2, 2026) to a high of TRY 658.906894 (January 14, 2026). The latest price is at the low of the period.
The largest decline in the period was 91.59% (from the January 14, 2026 high to November 2, 2026). Annualized volatility based on daily price changes: 221.49%. The price rose on 111 of 249 trading days.
Monthly returns were positive in 5 of the last 12 months; best month December 2025 (13.24%), weakest month October 2026 (−89.21%).
Between November 3, 2025 and November 2, 2026 the number of investors fell 33.33%, from 27 to 18. Fund size fell from TRY 1.2M to TRY 535.9K over the same period.
Highest one-year returns in the category: BSM (88.67%), RBR (70.72%), GZM (67.43%).
HPZ monthly returns
| Month | Month-end price (TRY) | Monthly return |
|---|---|---|
| October 2026 | 55.950559 | −89.21% |
| September 2026 | 518.548253 | −6.64% |
| August 2026 | 555.424254 | 8.15% |
| July 2026 | 513.589033 | 0.11% |
| June 2026 | 513.002770 | −4.09% |
| May 2026 | 534.878470 | −8.20% |
| April 2026 | 582.657795 | 7.00% |
| March 2026 | 544.533435 | −10.85% |
| February 2026 | 610.784172 | −6.55% |
| January 2026 | 653.586696 | 2.15% |
| December 2025 | 639.856912 | 13.24% |
| November 2025 | 565.065964 | −0.87% |
This summary is calculated automatically from TEFAS price history and category data; it is not investment advice. Past performance does not indicate future returns.
Add HPZ to your watchlist
Follow this fund and the other funds you hold in one list with a free account.
- Follow funds and stocks in one watchlist
HPZ Asset Allocation
- Deposits (TL)79.80%
- Investment Fund Participation Shares20.20%
HPZ Largest Holdings
Net Flows
Investors
Similar Funds
| Fund | 1 month | YTD | 1 year |
|---|---|---|---|
 BRCRe-Pie Portföy Birinci İstatistiksel Arbitraj Hisse Senedi Serbest Fon | −20.46% | −4.39% | −0.67% |
 KLSAllbatross Portföy Katılım Serbest (Döviz) Fon | −3.53% | −6.14% | −3.91% |
| RGHRe-Pie Portföy Mutlak Getiri Hedefli Hisse Senedi Serbest Fon | −29.73% | −19.29% | — |
 FSPFonmap Portföy Serbest (Döviz) Fon | −33.71% | −72.04% | −71.27% |
 SHUSparta Portföy Üçüncü Hisse Senedi Serbest (TL) Fon | −16.22% | −11.11% | — |
Related Pages
About the HPZ Fund
SPK decided to liquidate HPZ 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 55.393576. Hedef Portföy Zen Hisse Senedi Serbest (TL) Fon (Hisse Senedi Yoğun) is a mutual fund in the Hedge Fund category founded by Hedef Portföy Yönetimi A.Ş. Fund size TRY 535.9K as of November 2, 2026, 18 investors.
Fon'un yatırım stratejisi Sermaye Piyasası Kurulu'nun ilgili Tebliğ'inin hükümleri çerçevesinde nitelikli yatırımcılara satılacak serbest fon statüsündedir. Fon toplam değerinin en az %80'i devamlı olarak yerli ihraççıların ortaklık paylarına ve bu paylardan oluşan endeksleri takip etmek üzere kurulan borsa yatırım fonları katılma paylarına yatırılır.
Last updated: Source: TEFAS
Frequently Asked Questions
Is the HPZ fund open to trading?
SPK decided to liquidate HPZ 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 55.393576 as of November 2, 2026.
When was the last price of HPZ published?
The last official unit price of HPZ is TRY 55.393576 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 HPZ. 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 HPZ return over the last year?
Based on the last price published on TEFAS (November 2, 2026), HPZ returned −90.25% over the last year, −91.34% year to date, −89.27% over 3 months and −89.27% over 1 month. Past performance does not indicate future returns.
What were the highest and lowest prices of HPZ over the last year?
Between November 3, 2025 and November 2, 2026 the unit price of HPZ ranged from a low of TRY 55.393576 (November 2, 2026) to a high of TRY 658.906894 (January 14, 2026). The latest price as of November 2, 2026 is TRY 55.393576.
What is the risk score of HPZ?
The CMB risk score of HPZ 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 HPZ invest in?
The portfolio of HPZ consists mainly of Deposits (TL) (79.80%), Investment Fund Participation Shares (20.20%). Fon'un yatırım stratejisi Sermaye Piyasası Kurulu'nun ilgili Tebliğ'inin hükümleri çerçevesinde nitelikli yatırımcılara satılacak serbest fon statüsündedir. Fon toplam değerinin en az %80'i devamlı olarak yerli ihraççıların ortaklık paylarına ve bu paylardan oluşan endeksleri takip etmek üzere kurulan borsa yatırım fonları katılma paylarına yatırılır.
Which other funds are in the same category as HPZ?
HPZ 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.