Question 36. What are the Turkey Funds?

Banks, individuals and organizations abroad may pool a certain amount of money and create a fund. They can then assign a bank or an intermediary to buy and sell stocks on the Istanbul Stock Exchange with the savings in this fund.

They share the income or losses of the fund among themselves in proportion to their contributions to it.

Participants in the fund have the opportunity to transfer their contributions to another person or to other participants of the fund at any time, with or without profit or loss, taking into account their share in the daily value of the portfolio.

The Istanbul Securities and Exchange Commission (ISE) They have built up a substantial and there are many funds.

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