- Fund size
- TRY 101.6M
- Investors
- 9
- Management fee (annual)
- 2.62%
- Today's estimate
- 0.85%
At a Glance: IAR Fund
- According to Yatırımcı.AI data, the IAR fund price was TRY 64.323209 as of November 2, 2026, a daily change of −1.10%.
- The IAR fund returned −10.28% over 1 month, −8.71% year to date and −6.36% over 1 year.
- The IAR fund has total assets of TRY 101.6M and 9 investors.
- The IAR fund is in the Hedge Fund category, with a CMB (SPK) risk score of 6 out of 7.
- The IAR fund was established by İstanbul Portföy Yönetimi A.Ş.
What is the IAR fund?
IAR is the fund code of İstanbul Portföy Dördüncü Serbest Fon. It was established by İstanbul Portföy Yönetimi A.Ş. The IAR fund is in the Hedge Fund category, with a CMB (SPK) risk score of 6 out of 7.
What is the IAR fund price and return?
The IAR fund price was TRY 64.323209 as of November 2, 2026. It returned −10.28% over 1 month, −8.71% year to date and −6.36% over 1 year.
IAR Fund Price Chart
Key Data
- Price
- 64.323209Nov 2, 2026
- Daily change
- −1.10%
- Trading status
- Open to trading
- Category
- Hedge Fund
- Umbrella fund
- Hedge
- Risk score
- 6 / 7
- Fund size
- TRY 101.6M
- Investors
- 9
- Units outstanding
- 1.6M
- Purchase / redemption value date
- T+1 / T+2
- Min. purchase (units)
- 1
- Trading hours
- 09:00 – 17:30
- ISIN
- TRYISTP00067
- Inception date
- Mar 19, 2018
- Benchmark
- %55 BIST 100 Getiri Endeksi + %45 BIST-KYD Repo (Brüt) Endeksi
Live Estimate
IAR Return Comparison
| Comparison | 1M | 3M | 6M | YTD | 1Y |
|---|---|---|---|---|---|
| IAR | −10.28% | −12.19% | −11.73% | −8.71% | −6.36% |
| Category average | 1.91% | 4.46% | 10.24% | 18.46% | 22.63% |
| BIST 100 | −10.42% | −18.22% | −23.79% | −2.39% | 0.19% |
| Category rank | 277 / 323 | 274 / 323 | 265 / 323 | 287 / 323 | 276 / 301 |
Long-term returns can look extremely high when a fund started from a very low price or rose sharply in a short time. Past performance does not indicate future returns.
IAR Fund Review and Performance Summary
IAR returned −6.36% over the last year, ranking 276 of 301 funds in the Hedge Fund category. Over the same period: category average 22.63%, BIST 100 0.19%.
Between November 3, 2025 and November 2, 2026 the unit price ranged from a low of TRY 64.323209 (November 2, 2026) to a high of TRY 84.568823 (June 29, 2026). The latest price is at the low of the period.
The largest decline in the period was 23.94% (from the June 29, 2026 high to November 2, 2026). Annualized volatility based on daily price changes: 21.88%. The price rose on 117 of 250 trading days.
Monthly returns were positive in 6 of the last 12 months; best month May 2026 (13.34%), weakest month July 2026 (−14.10%).
Between November 3, 2025 and November 2, 2026 the number of investors fell 73.53%, from 34 to 9. Fund size fell from TRY 170.6M to TRY 101.6M over the same period.
Highest one-year returns in the category: BSM (88.67%), RBR (70.72%), GZM (67.43%).
IAR monthly returns
| Month | Month-end price (TRY) | Monthly return |
|---|---|---|
| October 2026 | 65.037894 | −7.54% |
| September 2026 | 70.340681 | −11.28% |
| August 2026 | 79.280293 | 9.60% |
| July 2026 | 72.334118 | −14.10% |
| June 2026 | 84.208406 | 1.96% |
| May 2026 | 82.585992 | 13.34% |
| April 2026 | 72.867175 | 8.58% |
| March 2026 | 67.110357 | −8.83% |
| February 2026 | 73.610631 | −4.48% |
| January 2026 | 77.059191 | 9.37% |
| December 2025 | 70.458035 | 4.28% |
| November 2025 | 67.565665 | −0.49% |
This summary is calculated automatically from TEFAS price history and category data; it is not investment advice. Past performance does not indicate future returns.
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IAR Asset Allocation
- Stock73.33%
- Switched-Repo19.89%
- Investment Fund Participation Shares6.08%
- Deposits (TL)0.70%
Stocks in the IAR Fund
SAHOLSabanci Holding19.94%19.94%
GOKNRGoknur Gida9.71%0.59%
ARSANArsan Holding4.69%0.62%
LIDFALider Faktoring4.63%0.46%
AFYONAfyon Çimento4.49%0.69%
Net Flows
Investors
Similar Funds
| Fund | 1 month | YTD | 1 year |
|---|---|---|---|
 KTSKuveyt Türk Portföy Katılım Hisse Senedi Serbest Fon | −13.44% | 24.03% | 24.68% |
 HARBV Portföy Harmony Serbest Fon | −79.30% | −74.70% | −77.63% |
| BSDBV Portföy Serbest (Döviz) Fon | 1.27% | 19.13% | 22.56% |
 DKRDeniz Portföy Ondördüncü Serbest Fon | 2.40% | 31.72% | 21.59% |
 ODSOyak Portföy İkinci Serbest (Döviz) Fon | 1.73% | 11.60% | 14.99% |
Related Pages
About the IAR Fund
İstanbul Portföy Dördüncü Serbest Fon (IAR) is a mutual fund in the Hedge Fund category managed by İstanbul Portföy Yönetimi A.Ş. Its price on November 2, 2026 is TRY 64.323209; the daily return is −1.10%, year-to-date −8.71% and 1-year −6.36%. Fund size TRY 101.6M, 9 investors, risk score 6/7. Today's estimated return is 0.85%; the estimated price is TRY 64.870857 (as of Nov 2, 2026, 16:38, 76% of the portfolio priced intraday).
1.Kurucu, fonun katılma payı sahiplerinin haklarını koruyacak şekilde temsili, yönetimi, yönetiminin denetlenmesi ile faaliyetlerinin içtüzük ve izahname hükümlerine uygun olarak yürütülmesinden sorumludur. Kurucu fona ait varlıklar üzerinde kendi adına ve fon hesabına mevzuat ve içtüzüğe uygun olarak tasarrufta bulunmaya ve bundan doğan hakları kullanmaya yetkilidir. Fonun faaliyetlerinin yürütülmesi esnasında portföy yöneticiliği hizmeti de dahil olmak üzere dışarıdan hizmet alınması, Kurucunun sorumluluğunu ortadan kaldırmaz.
Live estimate error over the last 30 days: 1.01 points on average (13 trading days, latest October 30, 2026). Estimate coverage is 74%: only this share of the portfolio has intraday prices, so the error can be larger. Live Fund Estimate Track Record
Last updated: Source: TEFAS
Frequently Asked Questions
What will the IAR fund price be today?
Today's estimated price of IAR is TRY 64.870857, an estimated return of 0.85% (as of Nov 2, 2026, 16:38; 76% of the portfolio priced intraday). The estimate is derived from the fund's latest disclosed portfolio weights and live stock prices; the official price is published after the session close and may differ.
How accurate is the IAR live estimate?
Compared with the official price over the last 30 days, the live estimate of IAR was off by 1.01 points on average (13 trading days, latest October 30, 2026). Estimate coverage is 74%: only this share of the portfolio has intraday prices, so the error can be larger. Results for all funds are published on the live fund estimate track record page.
When is the IAR fund price published?
The official unit price of IAR is calculated by the founder after each session close and is usually published on TEFAS the next business morning; the latest official price on this page is dated November 2, 2026. Until the price is published, see the live estimate section for an intraday estimate.
What is the IAR fund price today?
The unit price of IAR on November 2, 2026 is TRY 64.323209, a daily return of −1.10%. Fund prices are published after each business day; see the live estimate page for an intraday estimate.
How much did IAR return over the last year?
IAR returned −6.36% over the last year, −8.71% year to date, −12.19% over 3 months and −10.28% over 1 month. Past performance does not indicate future returns.
What were the highest and lowest prices of IAR over the last year?
Between November 3, 2025 and November 2, 2026 the unit price of IAR ranged from a low of TRY 64.323209 (November 2, 2026) to a high of TRY 84.568823 (June 29, 2026). The latest price as of November 2, 2026 is TRY 64.323209.
What is the risk score of IAR?
The CMB risk score of IAR is 6 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 IAR?
The annual management fee of IAR is 2.62%; 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 IAR invest in?
The portfolio of IAR consists mainly of Stock (73.33%), Switched-Repo (19.89%), Investment Fund Participation Shares (6.08%). 1.Kurucu, fonun katılma payı sahiplerinin haklarını koruyacak şekilde temsili, yönetimi, yönetiminin denetlenmesi ile faaliyetlerinin içtüzük ve izahname hükümlerine uygun olarak yürütülmesinden sorumludur. Kurucu fona ait varlıklar üzerinde kendi adına ve fon hesabına mevzuat ve içtüzüğe uygun olarak tasarrufta bulunmaya ve bundan doğan hakları kullanmaya yetkilidir. Fonun faaliyetlerinin yürütülmesi esnasında portföy yöneticiliği hizmeti de dahil olmak üzere dışarıdan hizmet alınması, Kurucunun sorumluluğunu ortadan kaldırmaz.
Which stocks does the IAR fund hold?
According to the 2026W42 portfolio report, the largest holdings of IAR are SAHOL (19.94%), GOKNR (9.71%), ARSAN (4.69%), LIDFA (4.63%), AFYON (4.49%). All holdings and their weight changes against the previous month are on the portfolio page.
Which other funds are in the same category as IAR?
IAR 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.