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

Fund Report

HSBC Global Investment Funds - Turkey Equity Class AC

Key Stats
Morningstar® CategoryTurkey Equity
Manager NameEmin Onat
Inception Date24/03/2005
NAV 17/01/2017EUR 18.78
Day Change1.10%
12 Month Yield0.00%
ISINLU0213961682
SEDOLB0MCFV9
Dividend Frequency-
Net Assets (mil) 30/09/201676.15 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%
AMC1.75%
Fund Rebate-

Morningstar Rating™

Not Rated

Morningstar Sustainability Rating

Not Rated

Benchmarks

Fund Benchmark

MSCI Turkey 10/40 NR EUR

Morningstar® Benchmark

MSCI Turkey NR EUR

Growth Of 10,000 (EUR) 31/12/2016

How has this security performed
20122013201420152016
Fund72.19-33.1039.48-22.44-5.36
Category60.67-29.8136.72-21.43-6.46
Benchmark61.69-29.9235.19-24.10-5.72
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
  • Category: Turkey Equity
  • Benchmark: MSCI Turkey NR EUR
Trailing Returns % (EUR) 17/01/2017
FundCatBmark
YTD-4.09-4.34-3.41
3 Years Annualised0.82-1.26-0.58
5 Years Annualised1.10-0.80-0.61
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 Profile30/09/2016

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Style
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
DecreaseTurkiye Garanti Bankasi AS Financial Services9.41
IncreaseAkbank TAS Financial Services8.77
DecreaseBim Birlesik Magazalar AS Consumer Defensive7.80
IncreaseTurkiye Is Bankasi AS Class C Financial Services7.49
IncreaseTurkiye Halk Bankasi AS Financial Services4.97
Asset Allocation %
LongShortNet
Stocks99.320.0099.32
Bonds0.000.000.00
Cash12.3311.650.68
Other0.000.000.00
Top Stock Regions
Region%
Europe - Emerging99.15
Eurozone0.85
United States0.00
Japan0.00
Australasia0.00
Top Stock Sectors
Stock Sector%
Financial Services40.40
Consumer Defensive13.83
Industrials12.57
Consumer Cyclical9.43
Basic Materials7.48
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