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 Fund seeks long-term returns from capital growth and income by investing primarily in a diversified portfolio of shares (or securities that are similar to shares) of Turkish companies. The companies issuing these shares have a registered office and official stock-market listing in Turkey, or carry out most of their business there. There aren’t restrictions on the market values of the companies held in the Fund. The Fund may also invest in index futures to gain market exposure. See the Prospectus for a full description of the investment objectives and derivative usage.
Benchmark
MSCI Turkey 10/40 Index
Investment style
None
Investment method
Shares

Quick stats

1 Year return

-28.46 %

1 Year rank in sector

95/97

Sector

FO Equity - Europe Single Country

Yield
-
Fund size

£ 48.5 m

FE Risk score

213

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Turkey
    94.5%
  • Money Market
    5.5%
  • Financials
    30.73%
  • Materials
    19.31%
  • Industrials
    14.66%
  • Consumer Staples
    8.12%
  • Consumer Discretionary
    7.84%
  • Turkish Equities
    94.5%
  • Money Market
    5.5%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-9.77 %-30.43 %-28.46 %-28.45 %-27.71 %
Sector-1.41 %-4.11 %2.86 %21.38 %50.44 %
Rank within sector99 / 10097 / 9995 / 9786 / 9079 / 83
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Calendar performance

YTD-20182017201620152014
Fund-30.64 %31.4 %-5.36 %-22.44 %39.48 %
Sector-0.95 %14.85 %9.63 %9.17 %1.69 %
Rank within sector96 / 989 / 9583 / 9487 / 901 / 83
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Risk statistics

Alpha-11.05
Beta1.03
Sharpe-0.02
Volatility23.15
Tracking error20.37
Information ratio-0.62
R-Squared0.22

Price movement

52 week high26.687
52 week low17.844
Current bid price0
Current offer price0
Current mid price17.844

Holdings by region

  • 94.5% Turkey
  • 5.5% Money Market

Holdings by sector

  • 30.73% Financials
  • 19.31% Materials
  • 14.66% Industrials
  • 8.12% Consumer Staples
  • 7.84% Consumer Discretionary
  • 5.5% Money Market
  • 5.2% Telecommunications Utilities
  • 4.55% Energy
  • 4.09% Utilities

Holdings by asset type

  • 94.5% Turkish Equities
  • 5.5% Money Market

Individual holdings

  • 9.06% TURKIYE GARANTI BANKASI
  • 8.81% AKBANK T.A.S.
  • 8.8% EREGLI DEMIR VE CELIK FABRIKALARI
  • 5.44% YAPI VE KREDI BANKASI AS
  • 5.2% TURKCELL ILETISIM HIZMET
  • 4.62% TOFAS(TURK OTOMOBIL FAB)
  • 4.55% TUPRAS-TURKIYE PETROL RAFINE
  • 4.54% TURK HAVA YOLLARI
  • 4.33% BIM BIRLESIK MAGAZALAR AS
  • 4.32% TURKIYE IS BANKASI