Equity Funds’ Weekly Champion THF Delivers 7.5% Return

The Borsa Istanbul’s roughly 2% index gain last week translated into a remarkable performance boost for equity‑focused mutual funds, with several delivering returns well above the market average.

THF’s Spectacular Weekly Surge

Tera Portfolio Equity (TL) Fund (THF) posted a 7.5% weekly return, outpacing the broader BIST move by more than threefold. Fund managers attribute the surge to heightened market liquidity and strong earnings reports from the technology and financial services sectors.

Islamic‑Compliant Funds Ride the Upswing

Participation‑based funds also posted solid gains throughout the week. Stand‑outs include:

■Pusula Portfolio Participation Equity (TL) Fund (PUK) – 7.24%

■Azimut Portfolio Koç Group Companies Equity Fund (KOT) – 5.07%

■Nurol Portfolio First Participation Equity Fund (NKT) – 4.98%

■Kuveyt Türk Portfolio Profit‑Sharing Participation Equity Fund (KPA) – 4.91%

■Ak Portfolio Participation Equity Fund (KH1) – 4.80%

Takeaways for Portfolio Managers

■In volatile environments, dividend‑focused and sector‑diversified funds outperformed the market average by a wide margin.

■Participation funds delivered consistent 4‑5% weekly returns, offering a more resilient profile compared with traditional BIST‑100 funds.

■Increased liquidity and a low‑interest‑rate backdrop channeled capital into equity funds, bolstering short‑term returns.

■Fund managers should monitor sector rotation and FX volatility ahead of the next week to fine‑tune allocations.

Expert Commentary (Aylin Güneş): The 7.5% weekly gain for THF is not merely an anomaly but a signal that high‑yield, low‑cost equity funds can weather market swings more effectively. The strong showing from participation‑based funds also reflects investors’ search for alternatives amid interest‑rate uncertainty. Enhancing portfolios with a blend of high dividend yields and sector diversification aligns well with a long‑term value‑creation mandate.