This Too Value Fund Explains Why Turkey Is Ripe For Investment Right NowMichelle Jones
The Talas Turkey Value Fund returned 9.5% net for the first quarter on a concentrated portfolio in which 93% of its capital is invested in 14 holdings. The MSCI Turkey Index returned 13.1% for the first quarter, while the MSCI All-Country ex-USA was down 5.4%.
Background of the Talas Turkey Value Fund
Since its inception in June 2017, the Talas Turkey Value Fund has returned 2.2%, compared to the MSCI Turkey Index's -46.4% return and the MSCI All-Country ex-USA's 34.4% return. In selecting Turkish value stocks, the Talas . . .
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