Blackrock Turkey ETF | TUR

High RiskEquity
Blackrock Turkey ETF
Issued by:iShares by Blackrock
Index : NASDAQ
Unit Price (NAV) :
$
Minimum investment: 5 units
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Blackrock Turkey ETF | TUR

Blackrock Turkey ETF | TUR

About TUR ETF

Overview:
The iShares by BlackRock Turkey ETF (TUR) is the only fund on the market offering pure exposure to large and mid-sized companies in Turkey and is managed by BlackRock that has a total AUM of $6.28T.

TUR is an exchange-traded fund incorporated in the USA in March 2008.

About the Fund Manager:
Founded in 1988, Blackrock is the largest asset manager in the world managing $6.28T. BlackRock operates globally with 70 offices in 30 countries and clients in 100 countries. Due to its power and the sheer size and scope of its financial assets and activities, BlackRock has been called the world's largest shadow bank.

Investment Strategy:
The ETF seeks to track the investment results of an index composed of a broad range of companies in Turkey companies. It is used at the core of the portfolio to seek long-term growth.

Sector:
TUR has invested in Financials (24%), Industrials (24%), Basic Materials (16%), Consumer Non-Cyclical (12%) and Energy (8%).

Geography:
TUR has invested in Turkey (85%), Spain (7%), United Kingdom (6%), and Azerbaijan (2%).

Recommended for:
Growth

TUR is the only fund on the market offering pure exposure to Turkey.

According to ETFdb.com, "TUR is a nice option for investors who want to load up on Turkey but be aware the fund could experience high levels of volatility."

Additional Information:
1. Fund Factsheet
2. Why the TUR ETF Is the Perfect Way to Play the Dip In Turkey
3. Finding Opportunity Amid Unrest: Consider the Turkey ETF (TUR)

How did we identify this ETF:
A complete pool of 2100+ ETFs are screened on various qualitative and quantitative parameters to evaluate efficiency, tradability and fit. The metrics used were alpha, beta and R - squared with respect to the segment benchmark and ETF specific metrics such as expense ratio, drawdown, volatility and the overall rating. We evaluate all ETFs and assign a composite score based on our analysis and then select the top ones in a category based on that comprehensive score by the inhouse research / quant analysts team. Liquidity is robust for retail investors and block liquidity is strong as well. The fund charges a competitive fee compared to other single-country funds. The strategy is rebalanced on a quarterly basis with the rebalancing mechanism being determined by an algorithm that takes into account the overall performance of the strategy so far.

Returns

TUR Charts
Lifetime-9.91%p.a.
52 Week High: $|52 Week Low: $
PerformanceYTD1Y3Y5Y10Y
Blackrock Turkey ETF-10.64%21.29%-14.43%-8.92%-7.99%

Asset Class

Asset type breakdown
Stock non-US99.45%
Cash0.55%

TUR Holdings - Top 10

NameiWeightage (%)
Bim Birlesik Magazalar AS9.12%
Turkiye Garanti Bankasi AS6.19%
Akbank TAS5.66%
Eregli Demir Ve Celik Fabrikalari TAS5.43%
Koc Holding AS4.88%
Turkcell Iletisim Hizmetleri AS4.41%
Ford Otomotiv Sanayi AS4.23%
Tupras-Turkiye Petrol Rafineleri AS3.72%
Aselsan Elektronik Sanayi Ve Ticaret AS3.35%
Haci Omer Sabanci Holding AS2.78%

TUR Sectors/Industry Breakdown

Sectori% of market value
Basic Materials19.11%
Industrials19.09%
Financial Services18.21%
Consumer Defensive16.65%
Consumer Cyclicals13.19%
Communication Services4.42%
Energy3.50%
Utilities1.64%
Healthcare1.51%
Real Estate1.41%
Technology1.27%

TUR Countries

Countryi% of market value
Europe Emerging100%

Projected Returns

Investment ofper month
gives returns of :
at -3.24% / annum
$in 10 years
amount
for a time period of
time1Y3Y5Y10Y
Returnsbased on historic SIP returns of -3.24% per annum
$
$
$- 3.24

TUR Summary Data

Total Net Assets $i
Average Mkt Cap Mil $i
Symbol TUR
Exchange XNAS
ISIN US4642867158
Cat. Benchmark MSCI ACWI Ex USA NR USD
Asset class Equity
Category Miscellaneous Region
Country US

TUR Portfolio Data & Volatility Analysis

Net Expense Ratio 0.59i
Beta 1.37i
Valuations Rates Portfolio PE 6.73914i
3 Year Standard Deviation 41.38i

Fund Strategy

iShares MSCI Turkey ETF is an exchange-traded fund incorporated in the USA. The ETF seeks investment results that correspond to the performance of the MSCI Turkey IMI 25/50 Index. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index.

TUR Fact Sheets & Reports

About iShares by Blackrock

"iShares" is a gathering of ETFs managed by Blackrock. Blackrock is an American investment management corporation founded in 1988. Some iShares ETFs are actively managed but most funds track a bond or share market index.

Blackrock Turkey ETF | TUR