CMB announced: Investment and pension fund transactions have been suspended
CMB published its resolutions regarding fund transactions due to the earthquakes that affected 10 provinces centered in Kahramanmaraş.
In the announcement made on the subject, it was stated that the custodian of the portfolio was informed from February 8 until the reopening of the market due to the closure of the Borsa İstanbul AŞ share market due to the earthquakes.
“Debt instruments umbrella fund, money market umbrella fund, guaranteed/protective umbrella fund, funds issued under the precious metals umbrella fund, hedge funds with currency, money market and short-term phrases in their securities, and funds with foreign currency in their securities, participation It has been considered appropriate that the funds affiliated to the umbrella fund do not calculate the value of the unit share and stop the trading of participation shares, except for funds with a certain group of assets (lease certificate, gold , precious metals, money market ) in their titles. In this context, TEFAS transactions of these funds were also suspended.
Likewise, in the announcement that BEFAS operations were also suspended, “For mutual funds and mutual pension funds whose share purchase/sale operations have been suspended, the first day of the opening of the stock market will be taken into account. securities for the execution of the purchase/sale of shares. sales orders whose valuation date is February 8.” information has been given. (AA)
Source: Sozcu
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