Destek Portföy has introduced its first two investment funds to investors: the Money Market Fund with the code DAP and the Equity Fund (designated as an Equity-Intensive Fund) with the code DEH. Created to cater to varying risk, maturity, and investment expectations, both funds have begun trading on TEFAS (Turkey Electronic Fund Trading Platform).
In addition to banks and brokerage firms where TEFAS transactions are conducted, the funds are also accessible via DestekBank and Destek Yatırım. Designed with investor costs in mind, DAP features an annual management fee of 0.25%.
Following its establishment, Destek Portföy has made its first two investment funds available to the public. While the DAP-coded Destek Portföy Money Market Fund offers an investment alternative tailored to short-term cash management needs, the DEH-coded Destek Portföy Equity Fund is managed for investors aiming to seize opportunities in equity markets who possess a matching risk profile.
Thus, Destek Portföy has officially commenced its operations in the mutual funds market with two funds appealing to different investor profiles and preferences.
Cost-Oriented Structure for Investors in DAP: 0.25% Annual Management Fee
Operating under the code DAP, the Destek Portföy Money Market Fund is managed for individual and institutional investors looking to evaluate their savings in short-term and liquid capital market instruments. The fund provides an appropriate alternative addressing investors’ short-term cash and liquidity management needs.
Designed by prioritizing investor costs, DAP’s annual management fee has been set at 0.25%. Current information regarding the management fee can be accessed via KAP (Public Disclosure Platform) and TEFAS.
Investment Opportunity in Equity Markets with 0% Withholding Tax Advantage via DEH
Destek Portföy’s second investment fund, the DEH-coded Destek Portföy Equity Fund, is managed for investors who wish to capitalize on investment opportunities offered by equity markets and hold the corresponding risk profile. Under current tax regulations, the withholding tax rate applied to earnings derived from the buying and selling of participation shares in DEH—which qualifies as an equity-intensive fund—is 0%. DEH complements DAP’s structure focused on short-term cash management with equities, forming the second pillar of Destek Portföy’s product range addressing varying risk and return expectations.
“We Are Excited to Bring Our First Two Funds to Investors”
Sharing his remarks on the commencement of trading for DAP and DEH, Destek Portföy General Manager Yasin Atikler stated:
“As Destek Portföy, we are thrilled to bring our first two investment funds together with investors. With DAP and DEH, we offer investment alternatives created in line with our professional portfolio management approach for investors possessing different investment needs and risk preferences. While providing a liquid and accessible investment alternative for individual and institutional investors requiring short-term cash management through DAP, we offer a product tailored for investors seeking to capture opportunities in equity markets through DEH. Consequently, we have taken the first step of our product range with two funds responding to distinct investment needs. When designing DAP, we treated the cost element as a primary priority for our investors and set the fund’s annual management fee at 0.25%. We aim to present our professional portfolio management approach through a cost-focused product structure addressing short-term cash management needs. We consider developing products suited to investors’ varying maturity, risk, and liquidity expectations among our top priorities. Moving forward, we will continue closely monitoring market conditions and investor needs to expand our product range with new funds answering diverse expectations. With Destek Group’s experience in the financial sector, our strong corporate structure, and expert staff, we aim to create sustainable value for our investors.”
