TEFASPrice Nov 2, 2026
Tera Portföy Birinci Borçlanma Araçları (TL) Fonu TRJ
- Fund size (Nov 2, 2026)
- TRY 1.9B
- Investors
- 4,206
With Capital Markets Board (SPK) bulletin 2026/75 dated October 26, 2026, the capital markets activities of the fund’s founder, Tera 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. İş 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 (November 2, 2026). SPK bulletin 2026/75 · List of funds in liquidation
At a Glance: TRJ Fund
- The Capital Markets Board (SPK) decided to liquidate the TRJ 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 TRJ fund was TRY 2.313450 (November 2, 2026); no buy or redemption orders are executed.
- The TRJ fund returned 2.07% over 1 month, 45.83% year to date and 59.84% over 1 year.
- The TRJ fund has total assets of TRY 1.9B and 4,206 investors.
- The TRJ fund is in the Debt Instruments Fund category.
- The TRJ fund was established by Tera Portföy Yönetimi A.Ş.
What is the TRJ fund?
TRJ is the fund code of Tera Portföy Birinci Borçlanma Araçları (TL) Fonu. It was established by Tera Portföy Yönetimi A.Ş. The TRJ fund is in the Debt Instruments Fund category. The fund is in liquidation by Capital Markets Board (SPK) decision.
What is the TRJ fund price and return?
The last official price of the TRJ fund was TRY 2.313450 (November 2, 2026). It returned 2.07% over 1 month, 45.83% year to date and 59.84% over 1 year.
Is the TRJ fund being liquidated?
Yes. The TRJ 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.
TRJ Fund Price Chart
Key Data
- Price
- 2.313450Nov 2, 2026
- Daily change
- 0.17%
- Trading status
- In liquidation
- Category
- Debt Instruments Fund
- Umbrella fund
- Debt Instruments
- Manager
- Tera Portföy Yönetimi A.Ş.
- Risk score
- Not disclosed
- Fund size
- TRY 1.9BNov 2, 2026
- Investors
- 4,206
- Units outstanding
- 823.6M
- Purchase / redemption value date
- T+1 / T+1
- Min. purchase (units)
- 1
- Trading hours
- 09:00 – 17:45
- ISIN
- TRYTRPY00157
- Benchmark
- %50 BIST-KYD DİBS Tüm Endeksi + %35 BIST-KYD ÖSBA Sabit Endeksi + %15 BIST-KYD Repo (Brüt) Endeksi'
TRJ Return Comparison
| Comparison | 1M | 3M | 6M | YTD | 1Y |
|---|---|---|---|---|---|
| TRJ | 2.07% | 9.40% | 23.35% | 45.83% | 59.84% |
| Category average | 2.89% | 9.10% | 18.25% | 26.14% | 36.85% |
| BIST 100 | −11.29% | −19.10% | −24.61% | −3.34% | −0.78% |
| Category rank | 55 / 58 | 18 / 58 | 1 / 58 | 2 / 58 | 1 / 56 |
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.
TRJ Fund Review and Performance Summary
TRJ returned 59.84% over the last year, ranking 1 of 56 funds in the Debt Instruments Fund category. Over the same period: category average 36.85%, BIST 100 −0.78%.
Between November 3, 2025 and November 2, 2026 the unit price ranged from a low of TRY 1.440091 (November 4, 2025) to a high of TRY 2.313450 (November 2, 2026). The latest price is at the high of the period.
The largest decline in the period was 0.82% (from the November 28, 2025 high to December 1, 2025). Annualized volatility based on daily price changes: 3.15%. The price rose on 247 of 250 trading days.
Monthly returns were positive in 12 of the last 12 months; best month November 2025 (6.04%), weakest month October 2026 (2.05%).
Between November 3, 2025 and November 2, 2026 the number of investors rose 704.21%, from 523 to 4,206. Fund size grew from TRY 239.5M to TRY 1.9B over the same period.
Highest one-year returns in the category: BBP (54.36%), NJR (48.11%), OSD (47.16%).
TRJ monthly returns
| Month | Month-end price (TRY) | Monthly return |
|---|---|---|
| October 2026 | 2.309517 | 2.05% |
| September 2026 | 2.263158 | 3.22% |
| August 2026 | 2.192514 | 4.04% |
| July 2026 | 2.107370 | 4.08% |
| June 2026 | 2.024755 | 4.51% |
| May 2026 | 1.937313 | 3.29% |
| April 2026 | 1.875572 | 5.37% |
| March 2026 | 1.779926 | 4.30% |
| February 2026 | 1.706596 | 3.22% |
| January 2026 | 1.653377 | 4.23% |
| December 2025 | 1.586348 | 4.09% |
| November 2025 | 1.523988 | 6.04% |
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 TRJ 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
TRJ Asset Allocation
- Commercial Paper54.08%
- Government Bond34.47%
- Corporate Bond8.41%
- Other3.04%
TRJ Largest Holdings
Net Flows
Investors
Similar Funds
| Fund | 1 month | YTD | 1 year |
|---|---|---|---|
 IPVİş Portföy Eurobond Borçlanma Araçları (Döviz) Fonu | 3.00% | 18.15% | 23.89% |
 FI3QNB Portföy Borçlanma Araçları Fonu | 2.89% | 22.16% | 33.21% |
 YBSYapı Kredi Portföy Özel Sektör Borçlanma Araçları Fonu | 3.01% | 36.71% | 45.88% |
| FYOQNB Portföy Özel Sektör Borçlanma Araçları Fonu | 3.13% | 37.00% | 45.51% |
| YOTYapı Kredi Portföy Borçlanma Araçları Fonu | 2.39% | 23.23% | 34.70% |
Related Pages
About the TRJ Fund
SPK decided to liquidate TRJ in bulletin 2026/75 dated October 26, 2026, which temporarily suspended the capital markets activities of its founder, Tera 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 (November 2, 2026): TRY 2.313450. Tera Portföy Birinci Borçlanma Araçları (TL) Fonu is a mutual fund in the Debt Instruments Fund category founded by Tera Portföy Yönetimi A.Ş. Fund size TRY 1.9B as of November 2, 2026, 4,206 investors.
Fon yatırım stratejisi kapsamında; Fon toplam değerinin devamlı olarak en az % 80'i ile yerli kamu ve özel sektör borçlanma araçlarına yatırım yapar. Fon makroekonomik görünümün ve piyasa şartlarının değerlendirilmesine dayalı aktif bir yönetim anlayışı ile orta ve uzun vadeli verim eğrisinin üzerinde bir getiri sunmayı hedeflemektedir. Portföye alınacak kamu ve özel kesim borçlanma araçlarının seçiminde fona yüksek getiri sağlanması amaçlanmakta olup, bu araçların seçiminde likiditesi yüksek olanlara öncelik verilir. Fonun likiditesinin sağlanması amacıyla portföye ters repo, borsa para piyasası ve mevduat işlemi yapılabilir.
Last updated: Source: TEFAS
Frequently Asked Questions
Is the TRJ fund open to trading?
SPK decided to liquidate TRJ in bulletin 2026/75 dated October 26, 2026, which temporarily suspended the capital markets activities of its founder, Tera 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 2.313450 as of November 2, 2026.
When was the last price of TRJ published?
The last official unit price of TRJ is TRY 2.313450 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 2026/75, T. İş Bankası A.Ş. will carry out the liquidation of TRJ. The bulletin does not state the liquidation procedure or period for this fund.
How much did TRJ return over the last year?
Based on the last price published on TEFAS (November 2, 2026), TRJ returned 59.84% over the last year, 45.83% year to date, 9.40% over 3 months and 2.07% over 1 month. Past performance does not indicate future returns.
What were the highest and lowest prices of TRJ over the last year?
Between November 3, 2025 and November 2, 2026 the unit price of TRJ ranged from a low of TRY 1.440091 (November 4, 2025) to a high of TRY 2.313450 (November 2, 2026). The latest price as of November 2, 2026 is TRY 2.313450.
What does TRJ invest in?
The portfolio of TRJ consists mainly of Commercial Paper (54.08%), Government Bond (34.47%), Corporate Bond (8.41%). Fon yatırım stratejisi kapsamında; Fon toplam değerinin devamlı olarak en az % 80'i ile yerli kamu ve özel sektör borçlanma araçlarına yatırım yapar. Fon makroekonomik görünümün ve piyasa şartlarının değerlendirilmesine dayalı aktif bir yönetim anlayışı ile orta ve uzun vadeli verim eğrisinin üzerinde bir getiri sunmayı hedeflemektedir. Portföye alınacak kamu ve özel kesim borçlanma araçlarının seçiminde fona yüksek getiri sağlanması amaçlanmakta olup, bu araçların seçiminde likiditesi yüksek olanlara öncelik verilir. Fonun likiditesinin sağlanması amacıyla portföye ters repo, borsa para piyasası ve mevduat işlemi yapılabilir.
Which other funds are in the same category as TRJ?
TRJ belongs to the Debt Instruments Fund category. Compare the returns of all funds in the category on the category page and the overall ranking on the best funds page.