MONEY MARKET PARTICIPATION (TL) FUND
Turkey's first interest-free participation money market fund!
Don't let your cash wait in your account before meeting your short-term needs! With KLU, utilise your cash in an interest-free way on a daily basis without waiting for maturity!
Through Kuveyt Türk Participation Bank Transactions can be carried out 24/7 within certain limits.
Who is it Suitable for?
KLU is suitable for investors who have a low risk perception, who do not want to lose their principal, who want to earn regular income with low risk.
- It is a liquid fund where you can manage your cash flow thanks to the ease of same day transactions.
- The Fund invests in short-term lease certificates and participation accounts issued by the domestic public and private sectors, primarily in committed transactions based on lease certificates approved by the Advisory Board.
- It has low risk value since it invests in fixed income products.
- You may evaluate your savings on a daily basis and execute your orders on the same day.
- Moreover, on the sales you will make through Kuveyt Türk you can make transactions within the limits 24/7 for the whole week.
Fund Information
KLU
Kuveyt Türk Portföy
MONEY MARKET PARTICIPATION (TL) FUND
TL
1 / 7
Fund Information
2.946544
Fund Size
40.017.350.814
Trading Hours
09:15
17:00
Buying / Selling Value
T+0
Management Fee (Annual)
%1.3
Withholding Tax Rate
% 15
Allocation Report
Fund Price
Price
2.946544
Change
KT PORTFÖY
-
Investment Amount
-
Investment periodDay
-
Net Return
-
Gross Return
-
Net Return Rate%
-
Gross Return Rate%
Risk Seviyesi
/ 7
Risk Level
/ 7
Fund Trading Hours
Fund Purchase
| Request Time (Day T) | Demand Realization Price | Request Fulfillment Day |
|---|---|---|
| 09:00 - 12:30 | Demand Realization Price | Request Fulfillment Day |
| 12:30 - 17:00 | Demand Realization Price | Request Fulfillment Day |
Fund Sale
| Request Time (Day T) | Talebin Gerçekleşme Fiyatı | Talebin Gerçekleşme Günü |
|---|---|---|
| 09:00 - 12:30 | T+0 Day Price | T+0 Day Between 14:00-15:00 |
| 12:30 - 17:00 | T+1 Day Price | T+1 Day Between 14:00-15:00 |
- Through Kuveyt Türk Participation Bank Transactions can be carried out 24/7 within certain limits.
- On KLU, KSV, KTV purchases and sales, only from Kuveyt Turk,
- 15 Million TL purchase / 15 Million TL sale between hours 12:30 -17:00 on working days
- Unlimited buy orders effective on the next day for purchases after 17:00.
- Fund sales up to 100,000 TL including weekends
Fund Information
- Asset and Transaction Type Minimum% Minimum%
-
Public and Private Sector Lease Certificates (TL)
%0 %100 -
Purchase Transactions with Resale Commitment Carried Out in BIST Committed Transactions Market
%0 %100 -
Participation Account (TL)
%0 %50 -
Promissory Contracts
%0 %10
