Interim payments are being made to 235 thousand 705 investors in 7 funds that were decided to be liquidated.

According to the information obtained, interim payments continue to be made to fund owners in line with the Law on Certain Investment Funds That Have Been Decided to Liquidate, dated 22 October and numbered 7596, adopted by the Turkish Grand National Assembly, and the decision of the Capital Markets Board (CMB) dated 27 October and numbered 76/1903 on the procedures and principles regarding liquidation and payments.

In this context, payments have started to be made to 235 thousand 705 investors in 7 funds subject to extraordinary liquidation as of today. Within the scope of interim payments, a total of 29.3 billion lira is being deposited into the fund holders' accounts today.

In the previous period, within the scope of the ordinary liquidation created by A1 Capital, Bulls, Pardus and Hedef portfolio management companies, 68 billion liras were paid to 63 thousand 759 investors in 93 funds.

Thus, as of today, 97.3 billion lira has been paid to 299 thousand 464 investors in a total of 100 funds in all ordinary and extraordinary liquidations.

Payment scope and future planning

As a result of the audits carried out by the authorized institutions, investors who were determined to have made unfair and exorbitant profits were excluded from the scope of interim payment.

Interim payments to be made within the scope of Law No. 7596 and CMB's decision No. 76/1903 will start from money market funds, from the lowest fund participation share holder to the highest, and will continue to ensure that the largest number of investors receive payments.