Capital Markets Board extends liquidation period of 131 funds to six months

The Capital Markets Board announced that it has extended the liquidation period of 131 funds belonging to seven different companies from three months to six months in order to prevent investors' assets from experiencing further value loss.

Change Made in Liquidation Period

The Capital Markets Board decided to extend the liquidation period in a total of 131 funds belonging to seven different portfolio management companies.

In accordance with this new decision, the schedule previously set as three months was extended to six months, taking into account portfolio structures and market conditions.

Funds and Companies Whose Operations Were Suspended

Within the framework of the decision taken by the Capital Markets Board on September 17, funds belonging to Tera Yatırım, Pusula Portföy, Hedef Holding, and Atlas Portföy are included.

Additionally, the list includes funds belonging to A1 Capital Portföy, Pardus Portföy, and Bulls Portföy companies.

Size of the Funds and Appointed Banks

While the total size of the funds to be liquidated approaches 1 trillion Turkish Lira, it is stated that the number of investors exceeds 500 thousand.

During this process, Türkiye İş Bankası and Ziraat Bankası were appointed for the conversion of the funds into cash and the making of payments.

Distribution of Banks and the Process

Türkiye İş Bankası undertook the liquidation and cash conversion process of five funds within Tera Yatırım.

Ziraat Bankası, on the other hand, is carrying out the operations for converting the assets in the funds belonging to the other six companies into cash.

Prevention of Value Loss in the Process

In the statement made by the Board, it was emphasized that the primary purpose of extending the period is to ensure that investors' assets lose less value while being converted into cash.

It was officially reported that the decision was taken at the meeting of the Board Decision Body dated 20.09.2026.