CMB: Application to Ziraat Bank Required for Closed Funds Outside Liquidation

The Capital Markets Board (CMB) has issued a statement regarding the possibility of reopening funds that are not within the scope of liquidation but are closed to trading. The Board announced that, in order for these funds to be reopened, the relevant portfolio management companies must apply to Ziraat Bank. According to the statement, the funds of the portfolio management companies A1 Capital, Bulls, and Pardus that are not within the scope of liquidation but are closed to trading are affected by this process. The reopening of these funds to trading depends on the applications the relevant companies will make to Ziraat Bank. The CMB's statement clarifies the status of closed funds that fall outside the scope of liquidation. The Board states that the possibility of resuming trading for funds not in the liquidation process may be evaluated once the specified application process is completed. For investors, whether the funds in question will be opened to trading will be shaped by the applications the relevant portfolio management companies make to Ziraat Bank and the outcome of those applications. This is not investment advice.