Official statement from Bulls Portföy Yönetimi regarding CMB decision and fund liquidations
Bulls Portföy Yönetimi announced that, in line with the CMB's principle decision, trading of funds open to TEFAS has been suspended and they will be liquidated. The company stated that its funds have no liquidity problems, risky transactions, or default risks.
Bulls Portföy Yönetimi A.Ş. made a written statement regarding the suspension of trading and liquidation of its funds open to TEFAS within the framework of the Capital Markets Board's principle decision. The statement emphasized that the total managed fund size is approximately 14.6 billion TL.
CMB Decision and Liquidation Process
Within the framework of the principle decision announced in the Capital Markets Board's bulletin, it was decided to suspend the trading of Bulls Portföy Yönetimi's funds open to TEFAS. It was observed that the funds specified in the relevant decision will be liquidated through the method to be announced by the Board.
Risk and Liquidity Status
The company publicly announced that it has not engaged in any transactions of the nature of risky transactions reflected in the media, and that there are currently no liquidity problems in the funds it founds and manages.
Guide Compliance Efforts
It was stated that a high degree of compliance has been achieved with the regulations made in the Guide on Investment Funds, and that two hedge funds complied with the new provisions without waiting for the deadline, which was announced via KAP.
Explanation on Stock Repo Transactions
It was stated that no stock repo transactions have been carried out by Bulls Portföy Yönetimi to date. The rationale for avoiding such transactions was explained as effective risk management and fiduciary ownership principles.
Size of Managed Funds
As of the end of the day on September 16, 2026, the total size of the company's 13 funds traded on TEFAS is 4.8 billion TL, while the size of its 15 non-traded funds reaches 9.8 billion TL. The total size of all 28 funds is approximately 14.6 billion TL.
Emphasis on Default and Systemic Risk
It was emphasized that the funds do not have liquidity problems or risky assets and transactions. Taking into account the company's capital strength and market experience, it was announced to the public that there is no default or systemic risk.