TUR

iShares MSCI Turkey ETF

$32.83
+0.00%
Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The iShares MSCI Turkey ETF (TUR) seeks to track the investment results of an index composed of Turkish equities.

Overview

ETF tracking iShares MSCI Turkey ETF

Category Other
Issuer BlackRock
Inception Date 2017-08-02
Market Cap $162.5M
Average Volume N/A
Dividend Yield 1.86%
52-Week Range $29.96 - $38.55
VWAP $32.74

Performance

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Investment Summary

📎 Investment Objective

The iShares MSCI Turkey ETF (TUR) seeks to track the investment results of an index composed of Turkish equities.

🎯 Investment Strategy

The ETF employs a passively managed, index-based approach, attempting to replicate the performance of the MSCI Turkey Index. It invests primarily in Turkish stocks that are included in the underlying index.

✨ Key Features

  • Provides exposure to the Turkish equity market
  • Tracks the MSCI Turkey Index, a free float-adjusted market capitalization-weighted index
  • Diversified across Turkish companies of various sizes and sectors
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Concentration risk as the fund is focused solely on the Turkish market
  • Currency risk as the fund's holdings are denominated in the Turkish lira
  • Political and economic instability risks inherent to investing in an emerging market
  • Liquidity risk due to the relatively small size and trading volume of the Turkish stock market

👤 Best For

The iShares MSCI Turkey ETF may be suitable for investors seeking targeted exposure to the Turkish equity market as part of a diversified portfolio. It may be appropriate for investors with a higher risk tolerance and a long-term investment horizon who are comfortable with the risks associated with investing in an emerging market.