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

34.56 %

1 Year rank in sector

8/99

Sector

FO Equity - Europe Single Country

Yield
-
Fund size

£ 67.4 m

FE Risk score

245

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Turkey
    97.95%
  • Money Market
    2.05%
  • Financials
    27.96%
  • Industrials
    22.58%
  • Materials
    11.37%
  • Consumer Staples
    9.74%
  • Telecommunications Utilities
    9.41%
  • Turkish Equities
    97.95%
  • Money Market
    2.05%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund3.17 %-1.92 %34.56 %-11.8 %-18.94 %
Sector3.95 %5.9 %17.51 %42.9 %61.48 %
Rank within sector57 / 10193 / 1018 / 9990 / 9481 / 85
Quartile th3 rd4 th1 st4 th4 th

Calendar performance

YTD-20182017201620152014
Fund-1.79 %31.4 %-5.36 %-22.44 %39.48 %
Sector3.09 %14.85 %9.63 %9.17 %1.69 %
Rank within sector100 / 10110 / 9987 / 9891 / 941 / 87
Quartile th4 th1 st4 th4 th1 st

Risk statistics

Alpha-6.9
Beta0.75
Sharpe-0.01
Volatility22.57
Tracking error20.81
Information ratio-0.54
R-Squared0.14

Price movement

52 week high26.687
52 week low18.561
Current bid price0
Current offer price0
Current mid price25.265

Holdings by region

  • 97.95% Turkey
  • 2.05% Money Market

Holdings by sector

  • 27.96% Financials
  • 22.58% Industrials
  • 11.37% Materials
  • 9.74% Consumer Staples
  • 9.41% Telecommunications Utilities
  • 7.72% Energy
  • 5.84% Consumer Discretionary
  • 2.05% Money Market
  • 1.95% Utilities
  • 1.38% Information Technology

Holdings by asset type

  • 97.95% Turkish Equities
  • 2.05% Money Market

Individual holdings

  • 8.52% AKBANK T.A.S.
  • 7.81% TURK HAVA YOLLARI
  • 7.72% TURKIYE PETROL RAFINERILERI A.S.
  • 6.59% EREGLI DEMIR VE CELIK FABRIKALARI
  • 5.23% TURKCELL ILETISIM HIZMET
  • 4.75% TURKIYE GARANTI BANKASI
  • 4.63% YAPI VE KREDI BANKASI AS
  • 4.62% TURKIYE IS BANKASI
  • 4.61% BIM BIRLESIK MAGAZALAR
  • 4.17% TURK TELEKOMUNIKASYON AS