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
Nicholas Richard William Timberlake
since 22/03/2005
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

18.2 %

1 Year rank in sector

33/97

Sector

FO Equity - Europe Single Country

Yield
-
Fund size

£ 99.6 m

FE Risk score

227

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Turkey
    96.28%
  • Money Market
    3.72%
  • Financials
    31.87%
  • Industrials
    18.87%
  • Materials
    11.35%
  • Telecommunications Utilities
    8.66%
  • Consumer Discretionary
    8.2%
  • Turkish Equities
    96.28%
  • Money Market
    3.72%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund2.14 %21.4 %18.2 %10.31 %5.16 %
Sector-1.08 %5.43 %16.12 %28.06 %64.7 %
Rank within sector5 / 973 / 9733 / 9774 / 8970 / 84
Quartile th1 st1 st2 nd4 th4 th

Calendar performance

YTD-20172016201520142013
Fund33.34 %-5.36 %-22.44 %39.48 %-33.1 %
Sector9.6 %9.63 %9.17 %1.69 %17.53 %
Rank within sector3 / 9786 / 9790 / 931 / 8684 / 84
Quartile th1 st4 th4 th1 st4 th

Risk statistics

Alpha-3.74
Beta0.81
Sharpe-0.01
Volatility22.18
Tracking error19.99
Information ratio-0.35
R-Squared0.17

Price movement

52 week high26.204
52 week low17.568
Current bid price0
Current offer price0
Current mid price26.104

Holdings by region

  • 96.28% Turkey
  • 3.72% Money Market

Holdings by sector

  • 31.87% Financials
  • 18.87% Industrials
  • 11.35% Materials
  • 8.66% Telecommunications Utilities
  • 8.2% Consumer Discretionary
  • 6.23% Consumer Staples
  • 6.04% Energy
  • 3.72% Money Market
  • 2.89% Utilities
  • 1.02% Information Technology

Holdings by asset type

  • 96.28% Turkish Equities
  • 3.72% Money Market

Individual holdings

  • 7.82% AKBANK T.A.S.
  • 7.78% TURKCELL ILETISIM HIZMET
  • 7.22% EREGLI DEMIR VE CELIK FABRIKALARI
  • 6.73% TURKIYE HALK BANKASI A.S
  • 6.04% TURKIYE PETROL RAFINERILERI A.S.
  • 4.5% YAPI VE KREDI BANKASI AS
  • 4.36% TURKIYE VAKIFLAR BANKASI TAO
  • 4.29% TURKIYE IS BANKASI
  • 4.2% TURKIYE GARANTI BANKASI
  • 4.05% TURK HAVA YOLLARI