Turkey Bond

Turkey bond mutual funds and ETFs invest the majority of their assets... Turkey bond mutual funds and ETFs invest the majority of their assets in government and corporate debt of governments and corporations in Turkey. These funds can be actively or passively managed and may seek to track or outperform a particular benchmark. They may hedge foreign currency risk, or elect to leave themselves exposed to fluctuations in the Saudi Riyal. Depending on their mandate, a Turkey bond mutual fund or ETF may focus on investment-grade bonds, high-yield (a.k.a. junk bonds), or a mix of credit quality. Nonfinancial corporations are the largest issuers of debt in Turkey, at 55% of GDP as of 2022. Government debt, meanwhile, is 30.9% of GDP as of 2024. Investors purchase Turkey bond mutual funds and ETFs to get both capital growth and income. These funds can vary significantly in terms of risk. A fund that exclusively invests in short-term Turkish government debt is likely to be more conservative than a fund that invests in longer-duration government bonds. Last Updated: 11/27/2024 View more View less

Turkey bond mutual funds and ETFs invest the majority of their assets in government and corporate debt of governments and corporations in Turkey. These funds can be actively or passively managed and may... Turkey bond mutual funds and ETFs invest the majority of their assets in government and corporate debt of governments and corporations in Turkey. These funds can be actively or passively managed and may seek to track or outperform a particular benchmark. They may hedge foreign currency risk, or elect to leave themselves exposed to fluctuations in the Saudi Riyal. Depending on their mandate, a Turkey bond mutual fund or ETF may focus on investment-grade bonds, high-yield (a.k.a. junk bonds), or a mix of credit quality. Nonfinancial corporations are the largest issuers of debt in Turkey, at 55% of GDP as of 2022. Government debt, meanwhile, is 30.9% of GDP as of 2024. Investors purchase Turkey bond mutual funds and ETFs to get both capital growth and income. These funds can vary significantly in terms of risk. A fund that exclusively invests in short-term Turkish government debt is likely to be more conservative than a fund that invests in longer-duration government bonds. Last Updated: 11/27/2024 View more View less