Turkey Equity

Turkey equity mutual funds and ETFs own securities listed on the Borsa... Turkey equity mutual funds and ETFs own securities listed on the Borsa Istanbul. The most well-known benchmark on the market is the ISE National 100. The exchange has large weightings in industrials, financials, and materials. Some of the biggest companies on the market include Koc Holding, Turk Havva Yollari, and Akbank. Turkey equity mutual funds and ETFs may be passively or actively managed. They may also leave currency exposure unhedged, or choose to protect the portfolio from swings in the value of the Turkish Lira. The Turkish economy, the world’s 18th largest by nominal Gross Domestic Product as of 2022, is characterized by high inflation, a falling currency, and a low savings rate. Investment as a share of GDP was 34.7% as of 2022, well above the long-run average of 27.6% going back to 1998. Transport equipment, textiles, and machinery are key exports. As an emerging market economy, Turkey equity mutual funds and ETFs may be appropriate for aggressive investors. Last Updated: 04/19/2024 View more View less

Turkey equity mutual funds and ETFs own securities listed on the Borsa Istanbul. The most well-known benchmark on the market is the ISE National 100. The exchange has large weightings in industrials, financials,... Turkey equity mutual funds and ETFs own securities listed on the Borsa Istanbul. The most well-known benchmark on the market is the ISE National 100. The exchange has large weightings in industrials, financials, and materials. Some of the biggest companies on the market include Koc Holding, Turk Havva Yollari, and Akbank. Turkey equity mutual funds and ETFs may be passively or actively managed. They may also leave currency exposure unhedged, or choose to protect the portfolio from swings in the value of the Turkish Lira. The Turkish economy, the world’s 18th largest by nominal Gross Domestic Product as of 2022, is characterized by high inflation, a falling currency, and a low savings rate. Investment as a share of GDP was 34.7% as of 2022, well above the long-run average of 27.6% going back to 1998. Transport equipment, textiles, and machinery are key exports. As an emerging market economy, Turkey equity mutual funds and ETFs may be appropriate for aggressive investors. Last Updated: 04/19/2024 View more View less