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HSBC GIF Turkey Equity AC EUR

Ranked 2 out of 5 in - Turkey over 12 months
All calculations are in CHF unless stated

Managed by

Emin Yigit Onat

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.

Showing fund performance in Switzerland View performance globally

Performance

Turkey over : 31/08/2017 - 31/08/2018
  • Rank 2/5 Total Return
  • Rank 2/5 Standard Deviation
  • Rank 2/5 Max Drawdown

Total Return

Quarterly Performance

to 30/06/2018 Annual Q1 Q2 Q3 Q4
2018 -2.9% -20.4%
2017 43.4% 9.1% 16.6% 3.8% 8.6%
2016 -6.7% 15.4% -5.7% -4.8% -9.8%
2015 -29.9% -16.6% -3.6% -15.5% 3.3%
2014 36.9% 3.6% 17.0% -4.5% 18.3%
2013 -32.1% 11.5% -15.9% -12.8% -17.0%
2012 71.2% 23.2% 8.2% 9.9% 17.0%
2011 -34.6% -6.0% -12.1% -10.3% -11.8%
2010 16.1% 13.5% -4.9% 21.8% -11.6%
2009 102.0% -6.8% 58.5% 28.4% 6.6%
2008 -38.3%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/07/2018

Top 10 Holdings

Stock Size
Akbank TAS ORD 9.02%
Eregli Demir ve Celik Fabrikalari TAS ORD 8.96%
Turk Hava Yollari AO ORD 7.58%
Turkiye Garanti Bankasi AS ORD 7.18%
Petkim Petrokimya Holding AS ORD 4.81%
BIM Birlesik Magazalar AS ORD 4.31%
Aselsan Elektronik Sanayi ve Ticaret AS ORD 4.03%
Ford Otomotiv Sanayi AS ORD 3.98%
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS ORD 3.53%
Turkcell Iletisim Hizmetleri AS ORD 3.05%
31/07/2018

Registered For Sale In

  1. Austria
  2. Bahrain
  3. Belgium
  4. Chile
  5. Czech Republic
  6. Denmark
  7. Finland
  8. France
  9. Germany
  10. Greece
  11. Ireland
  12. Italy
  13. Jersey
  14. Lebanon
  15. Luxembourg
  16. Mauritius
  17. Netherlands
  18. Norway
  19. Oman
  20. Qatar
  21. Singapore
  22. Spain
  23. Sweden
  24. Switzerland
  25. United Kingdom

Fund Info

  • Launch date22/03/2005
  • Share Class size18Mn
  • Base currencyUSD
  • ISIN LU0213961682

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

  • Annual management1.76%
  • Initial investment1.75%

Related News

HSBC backs Turkey but warns of short-term correction

Despite stark growth warnings, HSBC Global Asset Management's emerging markets desk is remaining a Turkey bull, keeping its overweight position in its Gif Global Emerging Markets Equity fund.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).