Turkey

Turkey mutual funds and ETFs invest in a wide range of asset... Turkey mutual funds and ETFs invest in a wide range of asset classes in Turkey. Depending on their mandate, these funds may invest in equities, fixed income, commodities, and alternatives. However, equities are the most common asset class. These funds cover a wide range of stocks across all sectors of the market as well as market caps and share classes. They can be indexed or actively managed. The Turkish economy, the world’s 18th largest by nominal Gross Domestic Product as of 2022, is characterized by high inflation, a vulnerable 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 mutual funds and ETFs may be appropriate for aggressive investors. Last Updated: 11/26/2024 View more View less

Turkey mutual funds and ETFs invest in a wide range of asset classes in Turkey. Depending on their mandate, these funds may invest in equities, fixed income, commodities, and alternatives. However, equities are... Turkey mutual funds and ETFs invest in a wide range of asset classes in Turkey. Depending on their mandate, these funds may invest in equities, fixed income, commodities, and alternatives. However, equities are the most common asset class. These funds cover a wide range of stocks across all sectors of the market as well as market caps and share classes. They can be indexed or actively managed. The Turkish economy, the world’s 18th largest by nominal Gross Domestic Product as of 2022, is characterized by high inflation, a vulnerable 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 mutual funds and ETFs may be appropriate for aggressive investors. Last Updated: 11/26/2024 View more View less