{"id":3997,"date":"2026-02-22T01:45:20","date_gmt":"2026-02-21T22:45:20","guid":{"rendered":"https:\/\/tasarrufdelileri.wordpress.com\/?p=3997"},"modified":"2026-03-07T18:49:17","modified_gmt":"2026-03-07T15:49:17","slug":"pek-serbest-degil","status":"publish","type":"post","link":"https:\/\/fonanalizi.com\/?p=3997","title":{"rendered":"Pek serbest de\u011fil"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Yat\u0131r\u0131m fonlar\u0131nda son d\u00f6nemin en \u00f6nemli haberi, SPK\u2019n\u0131n Yat\u0131r\u0131m Fonlar\u0131na \u0130li\u015fkin rehber tasla\u011f\u0131ndaki de\u011fi\u015fiklikleri TSPB \u00fcyelerine g\u00f6nderip g\u00f6r\u00fc\u015f istemesi ku\u015fkusuz. Kurum, TSPB \u00fcyelerinden 26 \u015eubat Per\u015fembe g\u00fcn\u00fcne kadar g\u00f6r\u00fc\u015flerini aktarmas\u0131n\u0131 istedi.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bloomberg HT Bekir G\u00fcrdamar\u2019\u0131n haberine g\u00f6re SPK, \u00e7ok \u00f6nemli baz\u0131 de\u011fi\u015fiklikleri hayata ge\u00e7irmek i\u00e7in son prosed\u00fcrleri uygulama a\u015famas\u0131nda.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">SPK\u2019n\u0131n haz\u0131rlad\u0131\u011f\u0131 tasla\u011f\u0131n \u00f6nemli noktalar\u0131ndan biri, son d\u00f6nemde ger\u00e7ek \u00fcst\u00fc kazan\u00e7larla g\u00fcndeme gelen fonlar\u0131n b\u00fcy\u00fck oranda \u2018serbest fon\u2019 \u00e7at\u0131s\u0131 alt\u0131nda toplanm\u0131\u015f olmas\u0131. Zira taslakta \u00f6zellikle bu \u015femsiye fon grubuna yo\u011funla\u015f\u0131lm\u0131\u015f g\u00f6r\u00fcn\u00fcyor.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Taslaktaki de\u011fi\u015fikliklerin kal\u0131n \u00e7izgili olanlar\u0131 Serbest fonlar, Para Piyasas\u0131 Fonlar\u0131 ve Borsa d\u0131\u015f\u0131 repo i\u015flemleri gibi alanlarda kurallar\u0131n yeniden belirlenmesi. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Serbest fon ihra\u00e7 eden Portf\u00f6y Y\u00f6netim \u015eirketleri&#8217;nde istihdam edilecek <strong>asgari portf\u00f6y y\u00f6neticisi say\u0131s\u0131 <\/strong>gibi s\u0131n\u0131rlamalar, asl\u0131na bakarsan\u0131z bir\u00e7ok a\u00e7\u0131dan bir ilki i\u015faret eder nitelikte. KAP y\u00fck\u00fcml\u00fcl\u00fcklerinin yeniden ve daha derin boyutlarda tasar\u0131m\u0131 s\u00f6z konusu olacak gibi g\u00f6r\u00fcn\u00fcyor. Serbest fonlardan \u00f6nemli k\u0131s\u0131tlamalar olacak bundan b\u00f6yle hayat\u0131m\u0131zda, bu \u00e7ok net. Bundan b\u00f6yle Portf\u00f6y Y\u00f6netim \u015eirketleri, ihra\u00e7 edecekleri serbest fon say\u0131s\u0131n\u0131, istihdam ettikleri portf\u00f6y y\u00f6neticisi say\u0131s\u0131n\u0131n belli bir kat\u0131 ile s\u0131n\u0131rland\u0131rabilecek.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">S\u0131n\u0131rlamalarda ana ba\u015fl\u0131klar<\/h2>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\">SPK taraf\u0131ndan haz\u0131rlanan ve <strong>T\u00fcrkiye Sermaye Piyasalar\u0131 Birli\u011fi (TSPB) \u00fcyeleriyle <\/strong>payla\u015f\u0131lan taslak \u00e7al\u0131\u015fmaya g\u00f6re, Yat\u0131r\u0131m Fonlar\u0131na \u0130li\u015fkin Rehber&#8217;de yap\u0131lmas\u0131 planlanan de\u011fi\u015fikliklerin ana ba\u015fl\u0131klar\u0131, Bloomberg HT haberinde \u015f\u00f6yle s\u0131ralanm\u0131\u015f:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Fon Say\u0131s\u0131 S\u0131n\u0131rlamas\u0131<\/li>\n\n\n\n<li>Farkl\u0131la\u015fma zorunlulu\u011fu<\/li>\n\n\n\n<li>Sermaye art\u0131r\u0131m\u0131<\/li>\n\n\n\n<li>Serbest fonlara getirilen s\u0131n\u0131rlar<\/li>\n\n\n\n<li>Y\u00f6netim hakimiyeti ve grup s\u0131n\u0131rlamas\u0131<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Serbest fon hacmi<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Fon sekt\u00f6r\u00fcm\u00fczde <strong>19 \u015eubat kapan\u0131\u015f\u0131 itibariyle<\/strong> ula\u015f\u0131lan <strong>9,2 trilyon TL lik b\u00fcy\u00fckl\u00fc\u011f\u00fcn 5,4 trilyonu serbest fonlarda <\/strong>ve serbest fonlar\u0131n t\u00fcm fonlar aras\u0131ndaki y\u00fczde a\u011f\u0131rl\u0131\u011f\u0131 %58,16 seviyesinde. <strong>(Kaynak: Fonbul)<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Asl\u0131nda bu a\u011f\u0131rl\u0131k, serbest fonlar\u0131n ne kadar b\u00fcy\u00fcd\u00fc\u011f\u00fcn\u00fc g\u00f6zler \u00f6n\u00fcne serer nitelikte. Son zamanlarda tart\u0131\u015fma konusu olan <strong>imkans\u0131z getiriler de<\/strong> ald\u0131\u011f\u0131 riskin b\u00fcy\u00fckl\u00fc\u011f\u00fcn\u00fc alg\u0131lama konusunda hen\u00fcz bebek ad\u0131mlar\u0131yla bilin\u00e7 kazanan <strong>yat\u0131r\u0131mc\u0131 taban\u0131m\u0131z<\/strong> i\u00e7in verilen &#8216;alarm\u0131n&#8217; en \u00f6nemli h\u0131zland\u0131r\u0131c\u0131s\u0131 oldu. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Malumunuz, s\u0131n\u0131rland\u0131r\u0131c\u0131 bir d\u00fczenlemeye ihtiya\u00e7 duyuldu\u011funu d\u00fc\u015f\u00fcnenler, bunu \u00fcst perdeden zaten dile getirmeye ba\u015flam\u0131\u015ft\u0131. &nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u00c7e\u015fitlendirme &amp; farkl\u0131la\u015fma<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Kulislere d\u00fc\u015fen bir ba\u015fka de\u011fi\u015fiklik haberi de ayn\u0131 yat\u0131r\u0131m temas\u0131na yat\u0131r\u0131m yapan serbest fon ihrac\u0131nda uygulanacak olan yeni k\u0131s\u0131tlamalar konusunda. Serbest \u015femsiye fonlar\u0131n varl\u0131k s\u0131n\u0131f\u0131, yat\u0131r\u0131m ufku ve y\u00f6netim \u00fccreti gibi konularda <strong>\u2018bariz farklar\u2019 <\/strong>ta\u015f\u0131mas\u0131 istenecek.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Burada muhtemelen, bir Portf\u00f6y Y\u00f6netim \u015eirketi\u2019nin birden fazla hisse senedi serbest fonu olmas\u0131na ra\u011fmen, hemen hepsinde yine benzer pay senetlerine yat\u0131r\u0131m yapmas\u0131 gibi bir <strong>\u2018kendini tekrar\u0131n\u2019 <\/strong>\u00f6n\u00fcne ge\u00e7ilmesi de hedefleniyor.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Serbest fon getirilerinin yaratt\u0131\u011f\u0131 g\u00fc\u00e7l\u00fc ivme ve buna ba\u011fl\u0131 olarak fon b\u00fcy\u00fckl\u00fc\u011f\u00fcnde serbest fonlara h\u0131zla akan yat\u0131r\u0131mc\u0131 ilgisi, Portf\u00f6y Y\u00f6netim \u015eirketleri nezdinde <strong>sermaye yeterlili\u011fi<\/strong> endi\u015felerini g\u00fcndeme ta\u015f\u0131m\u0131\u015ft\u0131. Kurul, bu endi\u015felerin ortadan kald\u0131r\u0131lmas\u0131na y\u00f6nelik olarak; fon b\u00fcy\u00fckl\u00fc\u011f\u00fc h\u0131zla artan \u015firketleri <strong>nakit sermaye art\u0131r\u0131m\u0131na<\/strong> y\u00f6nlendiren yeni bir kural seti olu\u015fturmak \u00fczere. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ayr\u0131ca Portf\u00f6y Y\u00f6netim \u015eirketlerinin serbest fon y\u00f6netirken, kendi grup \u015firketlerine yapt\u0131klar\u0131 yat\u0131r\u0131mlar\u0131 s\u0131n\u0131rland\u0131ran bir de\u011fi\u015fiklik de, \u00f6nemli konular aras\u0131nda. Bundan b\u00f6yle Portf\u00f6y Y\u00f6netim \u015eirketleri, kendi grubu i\u00e7inde yer alan bir pay senedi ya da bor\u00e7lanma arac\u0131n\u0131 fonuna dahil ederken, SPK\u2019n\u0131n uygun g\u00f6rd\u00fc\u011f\u00fc bir y\u00fczde oran\u0131 a\u015famayacak.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ay\u0131n 26\u2019s\u0131na kadar sekt\u00f6r payda\u015flar\u0131ndan al\u0131nacak g\u00f6r\u00fc\u015flerle son \u015fekli verilece\u011fi tahmin edilen taslak, bundan sonra tasarruflar\u0131nda yat\u0131r\u0131m fonuna yer veren yat\u0131r\u0131mc\u0131lar\u0131 \u00f6nemli \u00f6l\u00e7\u00fcde ilgilendirecek de\u011fi\u015fiklikleri i\u00e7eriyor k\u0131sacas\u0131.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Bir anomali<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Bir \u00f6rnek verelim isterseniz\u2026<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">D\u00fc\u015f\u00fcn\u00fcn, bir portf\u00f6y y\u00f6neticisisiniz. Hisse yo\u011fun fon y\u00f6netiyorsunuz ve fonunuz serbest de\u011fil, TEFAS\u2019taki t\u00fcm yat\u0131r\u0131mc\u0131lara a\u00e7\u0131k bir fon. %80 pay senedi ta\u015f\u0131ma zorunlulu\u011funuz var, bu oran\u0131 %79\u2019a dahi \u00e7ekemezsiniz. Yo\u011funla\u015fma riskinden ka\u00e7\u0131nmak i\u00e7in hisse say\u0131n\u0131z\u0131 ve se\u00e7ti\u011finiz hisselerin fon i\u00e7indeki toplam a\u011f\u0131rl\u0131\u011f\u0131n\u0131 s\u0131n\u0131rland\u0131ran kurallara uymak zorundas\u0131n\u0131z. T\u00fcm bu kural setine tam uyumun sonunda fonunuzun risk de\u011feri 7; oysa portf\u00f6y\u00fcne sadece tek bir hisse senedi alma esnekli\u011fine sahip olan bir hisse serbest fonun risk de\u011feri de 7.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bir tasar\u0131m yanl\u0131\u015f\u0131 olan bu durum, bir serbest fonun; normal bir hisse yo\u011fun fondan \u00e7ok daha kat\u0131 ve \u00fcrk\u00fct\u00fcc\u00fc bir yo\u011funla\u015fma riskine sahip olabilmesine ra\u011fmen, standart bir hisse senedi yo\u011fun fon ile ayn\u0131 risk seviyesinde yer almas\u0131 gibi bir anomaliyi do\u011furuyordu. Ve hep bir tart\u0131\u015fma konusuydu. Planlanan de\u011fi\u015fiklikle, bu tarz uygulama defolar\u0131na da \u00e7\u00f6z\u00fcm bulunmas\u0131n\u0131n ama\u00e7lanaca\u011f\u0131 s\u00f6yleniyor.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Tek bir ihra\u00e7\u00e7\u0131n\u0131n paylar\u0131na veya bor\u00e7lanma ara\u00e7lar\u0131na yap\u0131lacak yat\u0131r\u0131ma s\u0131n\u0131r getirilmesi de <strong>i\u015fte bu kapsamda planlanan<\/strong> de\u011fi\u015fikliklerin \u00f6nemli ba\u015fl\u0131klar\u0131 aras\u0131nda.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">D\u0130BS zorunlulu\u011fu<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Bloomberg HT haberine g\u00f6re tasla\u011f\u0131n -bana g\u00f6re- en ilgin\u00e7 konulardan biri de para piyasas\u0131 fonlar\u0131nda %10\u2019luk D\u0130BS kullan\u0131m\u0131n\u0131 zorunlu hale getirmesi.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">An\u0131msars\u0131n\u0131z 2025\u2019 in en \u00e7ok konu\u015fulan konusuydu fon piyasas\u0131nda; \u00e7ok d\u00fc\u015f\u00fck riskle en tatmink\u00e2r getiriyi sa\u011flayan fon gruplar\u0131 aras\u0131nda <strong>\u2018para piyasas\u0131 fonlar\u0131n\u0131n\u2019 <\/strong>olmas\u0131, ge\u00e7ti\u011fimiz y\u0131l\u0131 karakterize etti. &nbsp;Ve yine an\u0131msars\u0131n\u0131z, DIBS bulundurma zorunlu\u011fu nedeniyle para piyasas\u0131 fonlar\u0131n\u0131n <strong>\u2018beklenenin \u00e7ok alt\u0131nda\u2019<\/strong> getiri sa\u011flad\u0131\u011f\u0131 g\u00fcnler ya\u015fad\u0131k ve bu, sekt\u00f6rde para piyasas\u0131 fonu gibi <strong>beklenen riski en d\u00fc\u015f\u00fck fon grubunda bile<\/strong> \u2018kay\u0131p ya\u015fama riski\u2019 anlam\u0131nda geliyordu ki, k\u00fc\u00e7\u00fck yat\u0131r\u0131mc\u0131y\u0131 olduk\u00e7a rahats\u0131z etmi\u015fti. &nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Taslakta yer alan %10\u2018luk DIBS konusu, ad\u0131 \u00fczerinde <strong>\u2018bir zorunluluk\u2019<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Para piyasas\u0131 fonu gibi d\u00fc\u015f\u00fck risk-k\u0131sa vadeli bir sermaye piyasas\u0131 arac\u0131nda, D\u0130BS gibi dalgalanma ya\u015fayabilen ve volatiliteyi yat\u0131r\u0131mc\u0131ya yans\u0131tabilen bir varl\u0131k s\u0131n\u0131f\u0131n\u0131n %10 gibi ciddi bir oranda zorunlu k\u0131l\u0131nmas\u0131, benzer konu\u015fmalar\u0131 yeniden yapaca\u011f\u0131m\u0131z potansiyel g\u00fcnler yaratabilir.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A\u00e7\u0131k\u00e7as\u0131 buraya bir virg\u00fcl koyma hakk\u0131m\u0131 kullanmak isterim. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ya\u015fay\u0131p g\u00f6rece\u011fiz.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Portf\u00f6y da\u011f\u0131l\u0131m raporlar\u0131<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">De\u011fi\u015fiklik tasla\u011f\u0131nda yer alan bir di\u011fer konu da serbest fonlar\u0131n <strong>Portf\u00f6y Da\u011f\u0131l\u0131m Raporlar\u0131n\u0131 <\/strong>yay\u0131nlamas\u0131 konusu.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">TEFAS\u2019a a\u00e7\u0131k serbest olmayan yat\u0131r\u0131m fonlar\u0131 Portf\u00f6y Da\u011f\u0131l\u0131m Raporlar\u0131n\u0131 her ay\u0131n 6. i\u015f g\u00fcn\u00fcnde a\u00e7\u0131klarlar ve bizler de bir \u00f6nceki ay\u0131n son i\u015f g\u00fcn\u00fc kapan\u0131\u015f\u0131nda, fon portf\u00f6y\u00fcnde yer alan varl\u0131klar\u0131n oransal da\u011f\u0131l\u0131m\u0131n\u0131 b\u00fct\u00fcn detaylar\u0131yla g\u00f6r\u00fcrd\u00fck. Serbest fonlarda bu \u2018iste\u011fe ba\u011fl\u0131yd\u0131\u2019 ve sekt\u00f6rde Portf\u00f6y Da\u011f\u0131l\u0131m Raporlar\u0131n\u0131 yay\u0131nlayan da yay\u0131nlamayan da vard\u0131.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Serbest fonlardaki \u00fctopik getirilerin kamuoyunda <strong>\u2018bir soru i\u015fareti yaratmamas\u0131\u2019<\/strong> ve \u015feffafl\u0131k unsurunun <strong>daha g\u00fc\u00e7l\u00fc \u015fekilde tesisi i\u00e7in<\/strong>, serbest fonlara ait Portf\u00f6y Da\u011f\u0131l\u0131m Raporlar\u0131n\u0131n bir aydan daha k\u0131sa s\u00fcrelerde KAP \u2019ta a\u00e7\u0131klanmas\u0131 planlan\u0131yor.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bloomberg HT haberi bu s\u00fcreyi 2 hafta olarak belirtmi\u015f, bakal\u0131m TSPB \u00fcyelerinin g\u00f6r\u00fc\u015fleri sonras\u0131 kesinle\u015fmi\u015f de\u011fi\u015fiklik metni hangi s\u00fcreye i\u015faret edecek? &nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Planlanan bir di\u011fer <strong>\u2018maj\u00f6r\u2019 <\/strong>de\u011fi\u015fiklik ise fon sahipli\u011findeki toplam a\u011f\u0131rl\u0131\u011f\u0131 belli bir y\u00fczdeyi a\u015fan sahipliklerde, bu yat\u0131r\u0131mc\u0131lar\u0131n <strong>\u2018b\u00fcy\u00fck yat\u0131r\u0131mc\u0131\u2019 <\/strong>s\u0131fat\u0131yla MKK taraf\u0131ndan KAP \u2018ta ilan\u0131.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u00d6zetle<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u00c7ok de\u011fil birka\u00e7 i\u015f g\u00fcn\u00fc sonra kesin metin bas\u0131n b\u00fcltenlerine d\u00fc\u015fecek.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ancak taslaktan anlad\u0131\u011f\u0131m\u0131z kadar\u0131yla,<strong>\u2018serbest fonlar\u0131\u2019 <\/strong>di\u011ferlerinden ay\u0131ran bir\u00e7ok \u00f6zellik bu taslak sonras\u0131nda ciddi oranda <strong>t\u00f6rp\u00fclenmi\u015f<\/strong> olacak.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Fon sekt\u00f6r\u00fc portf\u00f6y b\u00fcy\u00fckl\u00fc\u011f\u00fcn\u00fcn %58\u2019ine sahip bir fon grubunun yat\u0131r\u0131mc\u0131lar\u0131n\u0131, bundan sonra <strong>daha kurall\u0131<\/strong> bir yat\u0131r\u0131m evreni bekliyor. Yat\u0131r\u0131mc\u0131 refleksi ne y\u00f6ne evrilir, bu refleks hangi duygularla desteklenir -haber hen\u00fcz bu kadar tazeyken- bilmek zor; zaman her \u015feyin cevab\u0131.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ancak bu yeni durum, serbest fonlar\u0131n kendisini di\u011fer fonlardan ay\u0131ran \u00f6zelliklerinden  \u00e7o\u011funu a\u015f\u0131nd\u0131ran bir d\u00f6neme i\u015faret eder nitelikte. Belki de serbest fonlar\u0131n isminden azade bir yap\u0131ya b\u00fcr\u00fcnerek di\u011fer normal fonlarla <strong>\u2018neredeyse ayn\u0131 ligde\u2019<\/strong> yar\u0131\u015fmas\u0131 gibi, operasyonel bir sonucu da do\u011furabilir.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Fon d\u00fcnyas\u0131, bu tasla\u011f\u0131 epey tart\u0131\u015f\u0131r, buras\u0131 net. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ve 26 \u015eubat\u2019a sadece 4 i\u015f g\u00fcn\u00fc var. TSPB \u00fcyelerinin g\u00f6r\u00fc\u015fleri metne ne derece ve \u2018hangi konularda\u2019 yans\u0131yacak, k\u0131sa bir s\u00fcre i\u00e7inde \u00f6\u011frenmi\u015f olaca\u011f\u0131z.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Sa\u011fl\u0131kla kal\u0131n\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yat\u0131r\u0131m fonlar\u0131nda son d\u00f6nemin en \u00f6nemli haberi, SPK\u2019n\u0131n Yat\u0131r\u0131m Fonlar\u0131na \u0130li\u015fkin rehber tasla\u011f\u0131ndaki de\u011fi\u015fiklikleri TSPB \u00fcyelerine g\u00f6nderip g\u00f6r\u00fc\u015f istemesi ku\u015fkusuz. Kurum, TSPB \u00fcyelerinden 26 \u015eubat Per\u015fembe g\u00fcn\u00fcne kadar g\u00f6r\u00fc\u015flerini aktarmas\u0131n\u0131&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4113,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[26,34,37],"class_list":["post-3997","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-hisse-senedi","tag-tasarruf","tag-yatirim-fonu"],"_links":{"self":[{"href":"https:\/\/fonanalizi.com\/index.php?rest_route=\/wp\/v2\/posts\/3997","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fonanalizi.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fonanalizi.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fonanalizi.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fonanalizi.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3997"}],"version-history":[{"count":1,"href":"https:\/\/fonanalizi.com\/index.php?rest_route=\/wp\/v2\/posts\/3997\/revisions"}],"predecessor-version":[{"id":4114,"href":"https:\/\/fonanalizi.com\/index.php?rest_route=\/wp\/v2\/posts\/3997\/revisions\/4114"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fonanalizi.com\/index.php?rest_route=\/wp\/v2\/media\/4113"}],"wp:attachment":[{"href":"https:\/\/fonanalizi.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3997"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fonanalizi.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3997"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fonanalizi.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}