Previously, there were two NYSE listed Turkey closed-end funds offering investors exposure to equity and/or bond markets in Turkey. The Central and Eastern Europe Fund, Inc (NYSE: CEE) was formerly known as the Central Europe Russia and Turkey Fund Inc (NYSE: CEE). In the past (e.g. 2014), the closed-end fund had a 15% allocation in Turkish stocks as well as exposure to Russian stocks. However, it now appears the fund no longer invests in Turkish stocks and is or already has eliminated exposure to Russian stocks.
In addition, the Turkish Investment Fund Inc (NYSE: TKF) was a long-standing Turkish closed-end fund managed by Morgan Stanley Investment Management. However, the fund liquidated in January 2018.
Turkey Closed-End Funds List*
| Closed End Fund | Ticker | Exchange | Manager/Advisor | Type | Inception | |
|---|---|---|---|---|---|---|
| 1 | Central and Eastern Europe Fund, Inc (formerly Central Europe Russia and Turkey Fund Inc) | CEE | NYSE | Deutsche Asset & Wealth Management | Equity | 1990/03/06 |
| 2 | Turkish Investment Fund Inc | TKF | Liquidated | Morgan Stanley Investment Management | Equity | 1989/12/05 - 2018/01/08 Liquidated |
* EmergingMarketSkeptic.com provides useful information that should not constitute investment advice or a recommendation to invest. In addition, your use of any content is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the content. Read More
Note: If there are any closed-end funds to add or remove from this list or if there are bad links, please write a note in the comments section so it can be fixed. Likewise, adding any other comments or advice would also be appreciated.
In addition to the above list of Turkey closed-end funds, check out our complete list of Turkey ADRs as well as our EMEA ETF list, Middle East/Africa ETF list, Middle East ETF list, Middle East ETF (Region Wide) list and Turkey ETF list.
For additional resources for investing in Turkey in general, check out all of our Turkey tagged articles/links.
