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About iShares MSCI Turkey ETF
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Inception date
Mar 26, 2008
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
TUR offers a pure play take on Turkish equities. It tracks our market-cap-weighted index, which invests in large-, mid, and small-cap companies trading in the Istanbul Stock Exchange (ISE), providing comprehensive exposure to the market. Overall, TUR is as good a proxy as one can get for the Turkish stock market. However, investors must still be conscious of the funds composition before investing, as the pool of Turkish companies may result in high concentration risk among some specific sectors. The fund uses a sampling strategy, meaning the fund may not hold all the stocks of the underlying index but will hold securities that collectively have the same investment profile. The index is rebalanced quarterly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Retail Trade
Stocks99.66%
Finance22.26%
Retail Trade12.30%
Non-Energy Minerals9.23%
Transportation9.17%
Energy Minerals8.84%
Electronic Technology8.10%
Consumer Durables6.31%
Consumer Non-Durables5.84%
Communications4.46%
Process Industries4.43%
Utilities2.87%
Producer Manufacturing1.81%
Industrial Services1.37%
Health Services1.00%
Health Technology0.68%
Distribution Services0.46%
Consumer Services0.29%
Technology Services0.24%
Bonds, Cash & Other0.34%
Cash0.34%
Stock breakdown by region
Europe100.00%
North America0.00%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
TUR invests in stocks. The fund's major sectors are Finance, with 22.26% stocks, and Retail Trade, with 12.30% of the basket. The assets are mostly located in the Europe region.
TUR top holdings are BIM Birlesik Magazalar A.S. and Aselsan Elektronik Sanayi ve Ticaret A.S. Class B, occupying 8.44% and 7.61% of the portfolio correspondingly.
TUR last dividends amounted to 0.15 USD. Six months before that, the issuer paid 0.49 USD in dividends, which shows a 238.71% decrease.
TUR assets under management is 132.11 M USD. It's fallen 0.59% over the last month.
TUR fund flows account for −56.53 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, TUR pays dividends to its holders with the dividend yield of 2.14%. The last dividend (Dec 20, 2024) amounted to 0.15 USD. The dividends are paid semi-annually.
TUR shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Mar 26, 2008, and its management style is Passive.
TUR expense ratio is 0.59% meaning you'd have to pay 0.59% of your investment to help manage the fund.
TUR follows the MSCI Turkey IMI 25-50. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TUR invests in stocks.
TUR price has fallen by −0.47% over the last month, and its yearly performance shows a −27.50% decrease. See more dynamics on TUR price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −2.91% over the last month, showed a −14.70% decrease in three-month performance and has decreased by −27.30% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −2.91% over the last month, showed a −14.70% decrease in three-month performance and has decreased by −27.30% in a year.
TUR trades at a premium (0.21%) meaning the ETF is trading at a higher price than the calculated NAV.