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home / news releases / TUR - Turkey: Messy Mix Of Political Risk And A Weak Economy


TUR - Turkey: Messy Mix Of Political Risk And A Weak Economy

iShares MSCI Turkey ETF (NYSE:TUR) tracks the performance of a basket of Turkish stocks with current total assets under management at $346 million. The expense ratio at 0.59% is comparable to other country ETFs. Turkey stocks have been exceptionally volatile in recent years based on a challenging macro environment and complex political developments. The story here is a tepid recovery from a technical recession in 2018 while a great deal of uncertainty exists within the market of the overall economic outlook. Rating agencies have recently downgraded Turkey's sovereign credit rating to below investment

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Stock Information

Company Name: iShares MSCI Turkey ETF
Stock Symbol: TUR
Market: NASDAQ

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