Statement from CMB for investment funds closed to trading
Quick Look
The Capital Markets Regulatory Board announced that A1 Capital, Bulls and Pardus Portfolio Management must apply to the board through Ziraat Bank in order to reopen investment funds closed to transactions in TEFAS and other channels.
AI-generated summary
Why It Matters
It was stated that misinformation was provided after some investment funds were closed to transactions in TEFAS and other channels.
Capital Markets Regulatory Board (CMB) made a statement regarding the reopening of investment funds that were closed to trading in the Turkish Electronic Fund Trading Platform (TEFAS) and non-TEFAS distribution channels.
In the statement made by the CMB, it was stated that there have been misdirections in some media and virtual media posts recently regarding the reopening of investment funds that were closed to trading in TEFAS and non-TEFAS distribution channels and said:
"In order for the relevant funds to be processed in TEFAS and non-TEFAS distribution channels, A1 Capital Portföy Yönetimi A.Ş., Bulls Portföy Yönetimi A.Ş. and Pardus Portföy Yönetimi A.Ş. must apply to T.R. Ziraat Bankası A.Ş. and the said applications must be forwarded to our board by the bank."
Open Questions
- What are the details about why the funds in question were closed?
