Fact sheet: HSBC GIF Turkey Eq

Fund information

Fund name
HSBC GIF Turkey Equity AC EUR
Fund company manager
HSBC Investment Funds (Lux) SA
Fund type
SIB
Fund manager(s)
Emin Yigit Onat
since 02/06/2014
Fund objective
The sub-fund seeks long term returns from capital growth and income by investing primarily in equity securities and equity equivalent securities of companies which have their registered office in Turkey, and with an official listing on a major stock exchange or other Regulated Market of Turkey, as well as those companies which carry out a preponderant part of their business activities in Turkey. Whilst there are no capitalisation restrictions, it is anticipated that the sub-fund will seek to invest across a range of market capitalisations. For the purpose of efficient portfolio management the sub-fund may also invest in index futures to gain market exposure.
Benchmark
MSCI Turkey 10/40 Index
Investment style
None
Investment method
Shares

Quick stats

1 Year return

19.08 %

1 Year rank in sector

57/97

Sector

FO Equity - Europe Single Country

Yield
-
Fund size

£ 76.1 m

FE Risk score

231

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Turkey
    99.01%
  • Money Market
    0.99%
  • Financials
    26.14%
  • Industrials
    19.55%
  • Materials
    14.46%
  • Telecommunications Utilities
    10.57%
  • Consumer Staples
    9.73%
  • Turkish Equities
    99.01%
  • Money Market
    0.99%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-5.07 %-0.13 %19.08 %-7.7 %-11.39 %
Sector-2.34 %0.88 %20.26 %34.57 %72.52 %
Rank within sector92 / 9959 / 9857 / 9786 / 8980 / 83
Quartile th4 th3 rd3 rd4 th4 th

Calendar performance

YTD-20172016201520142013
Fund19.37 %-5.36 %-22.44 %39.48 %-33.1 %
Sector12.79 %9.63 %9.17 %1.69 %17.53 %
Rank within sector21 / 9786 / 9790 / 931 / 8684 / 84
Quartile th1 st4 th4 th1 st4 th

Risk statistics

Alpha-5.78
Beta0.71
Sharpe-0.01
Volatility21.33
Tracking error19.64
Information ratio-0.52
R-Squared0.15

Price movement

52 week high26.687
52 week low17.568
Current bid price0
Current offer price0
Current mid price23.37

Holdings by region

  • 99.01% Turkey
  • 0.99% Money Market

Holdings by sector

  • 26.14% Financials
  • 19.55% Industrials
  • 14.46% Materials
  • 10.57% Telecommunications Utilities
  • 9.73% Consumer Staples
  • 8.11% Energy
  • 6.27% Consumer Discretionary
  • 2.25% Utilities
  • 1.49% Information Technology
  • 0.99% Money Market

Holdings by asset type

  • 99.01% Turkish Equities
  • 0.99% Money Market

Individual holdings

  • 9.22% AKBANK T.A.S.
  • 8.11% TURKIYE PETROL RAFINERILERI A.S.
  • 7.8% EREGLI DEMIR VE CELIK FABRIKALARI
  • 6.74% TURKCELL ILETISIM HIZMET
  • 6.48% TURK HAVA YOLLARI
  • 4.85% YAPI VE KREDI BANKASI AS
  • 4.77% TURKIYE IS BANKASI
  • 4.71% BIM BIRLESIK MAGAZALAR
  • 4.65% TURKIYE GARANTI BANKASI
  • 4.34% PETKIM PETROKIMYA HLDG AS