HSBC GIF Turkey Equity AC (FUND:B4YDD70) - Fund price - Overview

Fund Report

HSBC Global Investment Funds - Turkey Equity Class AC (EUR)

Key Stats
Morningstar® CategoryTurkey Equity
Manager NameEmin Onat
Inception Date24/03/2005
NAV 25/04/2017EUR 23.01
Day Change0.02%
12 Month Yield0.00%
Dividend Frequency-
Net Assets (mil) 31/12/201674.91 EUR
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time08:00:00
Regular InvestmentNo
Actual Initial Charge2.54%
Exit Charge0.00%
Custody ChargeYes
Fund Ongoing Charge2.15%
Fund Rebate-

Morningstar Rating™

Not Rated

Morningstar Sustainability Rating

Not Rated


Fund Benchmark

MSCI Turkey 10/40 NR EUR

Morningstar® Benchmark


Growth Of 10,000 (EUR) 31/03/2017

How has this security performed
Effective 10/07/2008, this fund's investment strategy changed to the extent that its record prior to that date is not relevant to its new format. Performance prior to that date is not shown.
  • Fund: HSBC Global Investment Funds - Turkey Equity Class AC (EUR)
  • Category: Turkey Equity
  • Benchmark: MSCI Turkey NR EUR
Trailing Returns % (EUR) 25/04/2017
3 Years Annualised3.861.051.55
5 Years Annualised2.510.161.54
10 Years Annualised---

Morningstar SRRI

Lower Risk
Higher Risk
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment 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 fund may also invest in index futures to gain market exposure. The global exposure relating to the use of financial derivative instruments shall not exceed the total net asset value of the sub-fund.

Portfolio Profile31/12/2016

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Top Holdings
IncreaseDecreaseNew since last portfolio
DecreaseTurkiye Garanti Bankasi AS Financial Services8.77
IncreaseTofas Turk Otomobil Fabrikasi AS Consumer Cyclical7.18
DecreaseAkbank TAS Financial Services6.75
IncreaseTurkiye Is Bankasi AS Class C Financial Services5.96
DecreaseBim Birlesik Magazalar AS Consumer Defensive5.64
Asset Allocation %
Top Stock Regions
Europe - Emerging100.00
United States0.00
Asia - Developed0.00
Top Stock Sectors
Stock Sector%
Financial Services34.99
Consumer Defensive12.98
Consumer Cyclical10.60
Basic Materials7.65
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