TEFASRisk 7/7Price Nov 2, 2026
Hedef Portföy Pusula Hisse Senedi Serbest (TL) Fon (Hisse Senedi Yoğun Fon) HVB
- Fund size (Nov 2, 2026)
- TRY 85.3M
- Investors
- 13
- Management fee (annual)
- 1.00%
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: HVB Fund
- The HVB 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 HVB fund was TRY 0.074068 (November 2, 2026); no buy or redemption orders are executed.
- The HVB fund returned −79.75% over 1 month, −91.21% year to date and −91.55% over 1 year.
- The HVB fund has total assets of TRY 85.3M and 13 investors.
- The HVB fund is in the Hedge Fund category, with a CMB (SPK) risk score of 7 out of 7.
- The HVB fund was established by Hedef Portföy Yönetimi A.Ş.
What is the HVB fund?
HVB is the fund code of Hedef Portföy Pusula Hisse Senedi Serbest (TL) Fon. It was established by Hedef Portföy Yönetimi A.Ş. The HVB 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 HVB fund price and return?
The last official price of the HVB fund was TRY 0.074068 (November 2, 2026). It returned −79.75% over 1 month, −91.21% year to date and −91.55% over 1 year.
Is the HVB fund being liquidated?
Yes. The HVB 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.
HVB Fund Price Chart
Key Data
- Price
- 0.074068Nov 2, 2026
- Daily change
- 0.15%
- Trading status
- In liquidation
- Category
- Hedge Fund
- Umbrella fund
- Hedge
- Manager
- Hedef Portföy Yönetimi A.Ş.
- Risk score
- 7 / 7
- Fund size
- TRY 85.3MNov 2, 2026
- Investors
- 13
- Units outstanding
- 1.2B
- ISIN
- TRYHDFP00219
- Inception date
- Feb 3, 2022
- Benchmark
- %80 BIST 100 GETİRİ ENDEKSİ + %20 KYD 1 AYLIK MEVDUAT
HVB Return Comparison
| Comparison | 1M | 3M | 6M | YTD | 1Y |
|---|---|---|---|---|---|
| HVB | −79.75% | −96.77% | −95.80% | −91.21% | −91.55% |
| Category average | 1.91% | 4.46% | 10.24% | 18.46% | 22.63% |
| BIST 100 | −11.19% | −19.02% | −24.54% | −3.23% | −0.68% |
| 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.
HVB Fund Review and Performance Summary
HVB returned −91.55% over the last year, ranking 301 of 302 funds in the Hedge Fund category. Over the same period: category average 22.63%, BIST 100 −0.68%.
Between November 3, 2025 and November 2, 2026 the unit price ranged from a low of TRY 0.073753 (October 26, 2026) to a high of TRY 2.800494 (August 13, 2026). The latest price is 97.36% below the high and 0.43% above the low.
The largest decline in the period was 97.37% (from the August 13, 2026 high to October 26, 2026). Annualized volatility based on daily price changes: 122.86%. The price rose on 127 of 249 trading days.
Monthly returns were positive in 7 of the last 12 months; best month March 2026 (33.92%), weakest month October 2026 (−82.87%).
Between November 3, 2025 and November 2, 2026 the number of investors fell 13.33%, from 15 to 13. Fund size fell from TRY 536M to TRY 85.3M over the same period.
Highest one-year returns in the category: BSM (88.67%), RBR (70.72%), GZM (67.43%).
HVB monthly returns
| Month | Month-end price (TRY) | Monthly return |
|---|---|---|
| October 2026 | 0.073957 | −82.87% |
| September 2026 | 0.431628 | −76.89% |
| August 2026 | 1.867676 | −14.50% |
| July 2026 | 2.184363 | 15.42% |
| June 2026 | 1.892541 | 13.24% |
| May 2026 | 1.671263 | −5.34% |
| April 2026 | 1.765587 | 13.01% |
| March 2026 | 1.562349 | 33.92% |
| February 2026 | 1.166624 | 31.01% |
| January 2026 | 0.890476 | 5.63% |
| December 2025 | 0.843035 | 5.03% |
| November 2025 | 0.802632 | −7.49% |
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 HVB 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
HVB Asset Allocation
- Deposits (TL)68.97%
- Investment Fund Participation Shares31.03%
HVB Largest Holdings
Net Flows
Investors
Similar Funds
| Fund | 1 month | YTD | 1 year |
|---|---|---|---|
 RPLRe-Pie Portföy Algoritmik Stratejiler Serbest Fon | −4.70% | 6.48% | 12.06% |
 DKRDeniz Portföy Ondördüncü Serbest Fon | 2.40% | 31.72% | 21.59% |
| MTGDeniz Portföy Mutlak Getiri Hedefli Hisse Senedi Serbest Fon | −0.87% | 23.53% | 30.06% |
 PBKAstra Portföy Birinci Katılım Serbest (Döviz) Fon | 2.39% | 14.74% | 19.43% |
 KLIAk Portföy Para Piyasası Katılım Serbest Fon | 2.92% | 36.91% | — |
Related Pages
About the HVB Fund
SPK decided to liquidate HVB 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 0.074068. Hedef Portföy Pusula 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 85.3M as of November 2, 2026, 13 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 HVB fund open to trading?
SPK decided to liquidate HVB 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 0.074068 as of November 2, 2026.
When was the last price of HVB published?
The last official unit price of HVB is TRY 0.074068 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 HVB. 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 HVB return over the last year?
Based on the last price published on TEFAS (November 2, 2026), HVB returned −91.55% over the last year, −91.21% year to date, −96.77% over 3 months and −79.75% over 1 month. Past performance does not indicate future returns.
What were the highest and lowest prices of HVB over the last year?
Between November 3, 2025 and November 2, 2026 the unit price of HVB ranged from a low of TRY 0.073753 (October 26, 2026) to a high of TRY 2.800494 (August 13, 2026). The latest price as of November 2, 2026 is TRY 0.074068.
What is the risk score of HVB?
The CMB risk score of HVB 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 HVB invest in?
The portfolio of HVB consists mainly of Deposits (TL) (68.97%), Investment Fund Participation Shares (31.03%). 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 HVB?
HVB 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.