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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.
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Economy
CMB Fund Liquidation and Rise in Gold Prices Followed in Markets
While the Capital Markets Board announced the liquidation of seven funds, experts emphasize that the process does not mean investments are lost. On the global front, spot gold and precious metals are rising while oil prices experience a decline.
News
Economy