“While Turkish equities advanced for a fifth week in the longest run since April 2014, stocks traded at a 23 percent discount to emerging-market peers and valuations trail their five-year average. That’s helped underpin the rally that’s seen overseas investors buy a net $548 million the country’s stocks this month through March 11, central bank show,” according to Bloomberg.

“Investors should look at Turkey from a slightly different perspective. ETFalpha follow and analyze pair trades expressed as ratios and believe it could be a good moment to go long Turkey ($TUR) and short global emerging markets,” adds Emerging Equity.

iShares MSCI Turkey ETF