Mutual Funds
As of the end of 2004, there were 12 mutual funds founded by Akbank and one mutual fund founded by Ak Securities. Akbank’s market share in mutual funds increased from 14.5% to 15.2% by the end of 2004. With this market share, Akbank had the second largest portfolio volume in the sector and reached TL 3.7 quadrillion in 2004.
