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107,000 investors put 68 billion lira into Tera fund in two weeks

Photo: Halk TV

This story is from 26 September 2026.

Latest in the series İsmail Saymaz, Murat Ağırel and Şaban Sevinç to testify in fund probe

Tera Portföy's stock-heavy fund placed into liquidation by the Capital Markets Board (SPK) gained 107,000 new investors in two weeks. With the inflows, the fund's portfolio value rose from 59 billion lira to 127 billion lira.

According to TEFAS data, 68 billion lira of new money flowed into the fund about two weeks before the liquidation decision. In the same period, some of the 113 funds the SPK placed into liquidation also saw thousands of investors exit. The interest was said to have stemmed from communications that the fund would invest in large-company shares.

107,000 investors put 68 billion lira into Tera fund in two weeks

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Fund Investigation News Series

Where it began Tera Portföy declares default in two funds, payment periods extended in six funds

  1. İsmail Saymaz, Murat Ağırel and Şaban Sevinç to testify in fund probe Istanbul's Chief Public Prosecutor's Office ordered journalists İsmail Saymaz, Murat Ağırel and Şaban Sevinç to give statements as suspects as part of its fund investigation.
  2. Fund crisis inquiry motions rejected by AK Party and MHP votes Yeni Yol, CHP, İYİ Party and DEM Party's Turkish Grand National Assembly (TBMM) inquiry motions on the fund crisis were rejected by votes from AK Party and MHP lawmakers.
  3. 10-article bill on liquidation of 131 funds due in Turkish parliament next week A 10-article interim bill for the 131 funds placed under liquidation is planned to go to the Turkish Grand National Assembly (TBMM) next week. The funds total about 1 trillion lira (TL).
  4. YENİ Party's Ümit Özlale names two ministers in fund crisis YENİ Party İzmir deputy Ümit Özlale called on Turkish Trade Minister Ömer Bolat and Turkish Family and Social Services Minister Mahinur Özdemir Göktaş to disclose fund transactions.
  5. 107,000 investors put 68 billion lira into Tera fund in two weeks Tera Portföy's stock-heavy fund placed into liquidation by the Capital Markets Board (SPK) gained 107,000 new investors in two weeks. With the inflows, the fund's portfolio value rose from 59 billion lira to 127 billion lira.
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