TEFAS is the centralized electronic platform every licensed Turkish asset manager sells funds through. Foreign investors typically need a Turkish-resident brokerage or bank account to buy these funds directly.
Money market funds sit in TEFAS's lowest risk band (risk value 1), holding treasury bills, repo and short-dated bank instruments. Daily pricing and quick liquidity make them the standard cash-management vehicle in Turkey and the usual point of comparison with a bank deposit -- which is why the deposit comparison tool on this site exists.
This fund's one-year return (45.8%) is 9.2 points above the "Money Market Fund" category average of 36.6%.
| Fund | YTD | 1M | 3M | 6M | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|---|---|
| +10.79% | +3.07% | +10.04% | +21.29% | +45.78% | +251.59% | +419.03% |
Based on the last 86 trading sessions. Risk-free rate assumed 0% — these are simplified return-per-unit-of-risk ratios, not textbook excess-return figures.
ALE's most recently published unit price on TEFAS is 13,866714 TRY.
ALE's cumulative return over the trailing one year is 45,78%.
Funds traded on TEFAS can be bought through an investment account at a Turkish bank or brokerage, using a valid Turkish tax ID (TCKN/VKN).