TEFASRisk 6/7Price Sep 15, 2026
Pusula Portföy Hisse Senedi Fonu (Hisse Senedi Yoğun Fon) PHE
- Fund size (Sep 15, 2026)
- TRY 867.8M
- Investors
- 46,328
- Management fee (annual)
- 2.50%
With Capital Markets Board (SPK) bulletin 2026/75 dated October 26, 2026, the capital markets activities of the fund’s founder, Pusula Portföy Yönetimi A.Ş., were temporarily suspended and this fund is to be liquidated together with the founder’s other funds not covered by the September 17, 2026 decisions; T.C. Ziraat Bankası A.Ş. will carry out the liquidation and the procedure has not been announced yet. 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 (September 15, 2026). SPK bulletin 2026/75 · List of funds in liquidation
At a Glance: PHE Fund
- The Capital Markets Board (SPK) decided to liquidate the PHE fund in bulletin 2026/75 dated October 26, 2026, which temporarily suspended its founder. Liquidated funds
- According to Yatırımcı.AI data, the last official price of the PHE fund was TRY 0.310542 (September 15, 2026); no buy or redemption orders are executed.
- The PHE fund returned −92.21% over 1 month, −78.46% year to date and −73.90% over 1 year.
- The PHE fund has total assets of TRY 867.8M and 46,328 investors.
- The PHE fund is in the Stock Fund category, with a CMB (SPK) risk score of 6 out of 7.
- The PHE fund was established by Pusula Portföy Yönetimi A.Ş.
What is the PHE fund?
PHE is the fund code of Pusula Portföy Hisse Senedi Fonu. It was established by Pusula Portföy Yönetimi A.Ş. The PHE fund is in the Stock Fund category, with a CMB (SPK) risk score of 6 out of 7. The fund is in liquidation by Capital Markets Board (SPK) decision.
What is the PHE fund price and return?
The last official price of the PHE fund was TRY 0.310542 (September 15, 2026). It returned −92.21% over 1 month, −78.46% year to date and −73.90% over 1 year.
Is the PHE fund being liquidated?
Yes. The PHE fund is on the liquidation list of Capital Markets Board (SPK) bulletin 2026/75 dated October 26, 2026; no buy or redemption orders are executed. All liquidated funds are listed on the Yatırımcı.AI liquidated funds page.
PHE Fund Price Chart
Key Data
- Price
- 0.310542Sep 15, 2026
- Daily change
- −47.81%
- Trading status
- In liquidation
- Category
- Stock Fund
- Umbrella fund
- Stock
- Manager
- Pusula Portföy Yönetimi A.Ş.
- Risk score
- 6 / 7
- Fund size
- TRY 867.8MSep 15, 2026
- Investors
- 46,328
- Units outstanding
- 2.8B
- Purchase / redemption value date
- T+1 / T+2
- Min. purchase (units)
- 1
- Trading hours
- 09:00 – 17:00
- ISIN
- TRYPSLP00010
- Inception date
- Mar 28, 2024
- Benchmark
- %90 BIST 100 Getiri Endeksi + %10 BIST-KYD Repo (Brüt) Endeksi
PHE Return Comparison
| Comparison | 1M | 3M | 6M | YTD | 1Y |
|---|---|---|---|---|---|
| PHE | −92.21% | −90.88% | −87.03% | −78.46% | −73.90% |
| Category average | −11.79% | −14.79% | −15.87% | 1.82% | 3.54% |
| BIST 100 | −11.19% | −19.02% | −24.54% | −3.23% | −0.68% |
| Category rank | 154 / 154 | 154 / 154 | 153 / 153 | 154 / 154 | 145 / 145 |
Returns are calculated from the last price published on TEFAS (September 15, 2026). The amount paid to investors in liquidation depends on the cash raised from selling the portfolio and may differ from these returns.
PHE Fund Review and Performance Summary
PHE returned −73.90% over the last year, ranking 145 of 145 funds in the Stock Fund category. Over the same period: category average 3.54%, BIST 100 −0.68%.
Between September 15, 2025 and September 15, 2026 the unit price ranged from a low of TRY 0.310542 (September 15, 2026) to a high of TRY 4.106306 (August 31, 2026). The latest price is at the low of the period.
The largest decline in the period was 92.44% (from the August 31, 2026 high to September 15, 2026). Annualized volatility based on daily price changes: 100.09%. The price rose on 171 of 251 trading days.
Monthly returns were positive in 11 of the last 12 months; best month June 2026 (30.15%), weakest month October 2025 (−1.44%).
Between September 15, 2025 and September 15, 2026 the number of investors rose 11,582.37%, from 431 to 50,351. Fund size grew from TRY 29.9M to TRY 867.8M over the same period.
Highest one-year returns in the category: GBG (47.91%), AFS (45.76%), GUH (37.80%).
PHE monthly returns
| Month | Month-end price (TRY) | Monthly return |
|---|---|---|
| August 2026 | 4.106306 | 7.54% |
| July 2026 | 3.818508 | 3.11% |
| June 2026 | 3.703281 | 30.15% |
| May 2026 | 2.845440 | 1.04% |
| April 2026 | 2.816142 | 9.15% |
| March 2026 | 2.580167 | 13.57% |
| February 2026 | 2.271802 | 21.99% |
| January 2026 | 1.862308 | 29.18% |
| December 2025 | 1.441649 | 3.94% |
| November 2025 | 1.386980 | 9.88% |
| October 2025 | 1.262298 | −1.44% |
| September 2025 | 1.280763 | 1.17% |
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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PHE Asset Allocation
- Stock97.27%
- Investment Fund Participation Shares2.73%
Stocks in the PHE Fund
ODINEOdine Teknoloji17.71%3.21%
GUNDGGundogdu Gida16.80%6.63%
PASEUPasifik Eurasia Lojistik12.31%0.40%
KTLEVKatilimevim Tas. Fin.11.11%1.63%
DSTKFDestek Finans Faktoring6.85%1.57%
Net Flows
Investors
Similar Funds
| Fund | 1 month | YTD | 1 year |
|---|---|---|---|
 YHZYapı Kredi Portföy BIST Teknoloji Ağırlık Sınırlamalı Endeksi Hisse Senedi Fonu | −12.66% | 21.97% | 19.83% |
 GTMGaranti Portföy Temettü Ödeyen Şirketler Hisse Senedi (TL) Fonu | −9.81% | 12.34% | 17.11% |
 ZPEZiraat Portföy Katılım Hisse Senedi Fonu | −15.69% | 2.92% | 3.22% |
 AOYAk Portföy Alternatif Enerji Yabancı Hisse Senedi Fonu | −0.90% | 7.34% | 15.71% |
 OMGAzimut Portföy İkinci Hisse Senedi Fonu | −10.22% | 16.72% | 19.33% |
Related Pages
About the PHE Fund
SPK decided to liquidate PHE in bulletin 2026/75 dated October 26, 2026, which temporarily suspended the capital markets activities of its founder, Pusula Portföy Yönetimi A.Ş.; the liquidation procedure has not been announced yet. No buy or redemption orders are executed in the fund. Last price published on TEFAS (September 15, 2026): TRY 0.310542. Pusula Portföy Hisse Senedi Fonu (Hisse Senedi Yoğun Fon) is a mutual fund in the Stock Fund category founded by Pusula Portföy Yönetimi A.Ş. Fund size TRY 867.8M as of September 15, 2026, 46,328 investors.
Fonun yatırım stratejisi; Fon toplam değerinin en az %80 i devamlı olarak ihraççı paylarına ve ihraççı paylarından oluşan endeksleri takip etmek üzere kurulan borsa yatırım fonu katılma paylarına yatırılır.
Last updated: Source: TEFAS
Frequently Asked Questions
Is the PHE fund open to trading?
SPK decided to liquidate PHE in bulletin 2026/75 dated October 26, 2026, which temporarily suspended the capital markets activities of its founder, Pusula Portföy Yönetimi A.Ş.; the liquidation procedure has not been announced yet. No buy or redemption orders are executed in the fund. The last price published on TEFAS is TRY 0.310542 as of September 15, 2026.
When was the last price of PHE published?
The last official unit price of PHE is TRY 0.310542 as of September 15, 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 2026/75, T.C. Ziraat Bankası A.Ş. will carry out the liquidation of PHE. The bulletin does not state the liquidation procedure or period for this fund.
How much did PHE return over the last year?
Based on the last price published on TEFAS (September 15, 2026), PHE returned −73.90% over the last year, −78.46% year to date, −90.88% over 3 months and −92.21% over 1 month. Past performance does not indicate future returns.
What were the highest and lowest prices of PHE over the last year?
Between September 15, 2025 and September 15, 2026 the unit price of PHE ranged from a low of TRY 0.310542 (September 15, 2026) to a high of TRY 4.106306 (August 31, 2026). The latest price as of September 15, 2026 is TRY 0.310542.
What is the risk score of PHE?
The CMB risk score of PHE 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 PHE?
The annual management fee of PHE is 2.50%; 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 PHE invest in?
The portfolio of PHE consists mainly of Stock (97.27%), Investment Fund Participation Shares (2.73%). Fonun yatırım stratejisi; Fon toplam değerinin en az %80 i devamlı olarak ihraççı paylarına ve ihraççı paylarından oluşan endeksleri takip etmek üzere kurulan borsa yatırım fonu katılma paylarına yatırılır.
Which stocks does the PHE fund hold?
According to the August 2026 portfolio report, the largest holdings of PHE are ODINE (17.71%), GUNDG (16.80%), PASEU (12.31%), KTLEV (11.11%), DSTKF (6.85%). All holdings and their weight changes against the previous month are on the portfolio page.
Which other funds are in the same category as PHE?
PHE belongs to the Stock Fund category. Compare the returns of all funds in the category on the category page and the overall ranking on the best funds page.