Your research starts here.

The Investor Knowledge Pack

Start with the whole picture. Go deeper where your decisions demand it.

A first-time visitor and a company analyst need different starting points.

Four visual languages. One consistent standard of evidence.

Selected observations available at the 18 September 2026 research cut-off.

Current information is only useful when the time period is clear.

A country allocation can concentrate several exposures at once.

Create five useful outputs before selecting a ticker.

Define your exposure, route to market and limits before opening an account.

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Borsa İstanbul, SPK, MKK, Takasbank, KAP, CBRT and TurkStat.

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Eligibility, documents, verification and a cautious first transfer.

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Compare the whole service, not just the headline commission.

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Match the instrument to the exposure you actually want.

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Benchmarks, concentration, weighting and price versus total return.

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Turn a research decision into an executable, controlled process.

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Worked examples that separate investment performance from currency effects.

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Inflation, policy, reserves, external balances and financing conditions.

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Separate political opinion from evidence about economic transmission.

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Understand the business mechanics hidden by aggregate growth.

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Build a calendar that distinguishes scheduled releases from speculation.

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Reporting basis, inflation accounting, cash flow and comparability.

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Banking, aviation, retail, industry, telecoms and holding companies.

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Use ranges, consistent inputs and explicit downside assumptions.

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Find authoritative information and understand changes to your ownership.

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A practical question framework for your qualified tax adviser.

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Know how money gets in and out before making the investment.

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Size exposure to survive several things going wrong together.

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A sustainable system for objective monitoring.

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Small calculations that prevent common analytical mistakes.

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Copy these structured prompts into your investment journal.

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Turn the pack into a practical onboarding process.

Turn the framework into a documented research decision.

GDP, current US dollars

Real GDP growth

GDP per capita, current US dollars

Consumer price inflation, annual average

GDP deflator inflation

Unemployment, modelled ILO estimate

Employment-to-population ratio, age 15+

Labour-force participation, age 15+

Female labour-force participation, age 15+

Population

Urban population

Population aged 65 and above

Gross capital formation

Household and NPISH final consumption

General government final consumption

Exports of goods and services

Imports of goods and services

Current-account balance

Foreign direct investment, net inflows

Total reserves including gold

External debt stocks

Short-term external debt

Total external debt service

Manufacturing value added

Industry including construction, value added

Services value added

Agriculture, forestry and fishing value added

Domestic credit to the private sector

Turkish lira per one USD. A rising line means a weaker lira against USD.

Turkish lira per one GBP. A rising line means a weaker lira against GBP.

Turkish lira per one EUR. A rising line means a weaker lira against EUR.

Monthly-endpoint reference quotes rebased to 100 at the first plotted observation.

The price of money meets the quality of credit.

Passenger growth is only the beginning of the equation.

A barrel price is not a refining margin.

Follow the model cycle, not just the showroom.

The cycle runs through both sides of the furnace.

Global capacity, local costs, several different cycles.

Fast cash cycles. Thin margins. Real execution.

Recurring demand does not remove reinvestment risk.

Value the parts. Then explain the discount.

Backlog is a promise. Cash collection is the test.

An appraisal is an estimate, not cash in the bank.

Underwriting discipline must survive inflation.

Contract structure can matter more than technology.

An order is valuable when delivery turns into cash.

Foreign visitors meet a largely local operating base.

Volumes, contracts and capital intensity.

A global network with several engines of demand.

A low-cost model still depends on unit economics.

Translate technological capability into funded deliveries.

Normalise the cycle before valuing the dividend.

Funding discipline, asset quality and capital.

Evaluate the customer franchise and the funding mix.

Separate the banking engine from the investment portfolio.

Funding competition meets the credit cycle.

Volume, value and disciplined store economics.

Store productivity and the economics of convenience.

A portfolio of businesses. A separate capital allocator.

Portfolio transformation needs cash-flow evidence.

Export demand and the economics of new capacity.

Model transitions can reshape the earnings base.

Value the steel cycle with a long capital horizon.

Different businesses, different margin and investment cycles.

Customer repricing must fund the network.

Long-lived infrastructure with a changing investment burden.

Separate project execution from assets and treasury income.

Passengers generate value within a concession timetable.

A rate decision is the first link, not the final result.

Disinflation still means prices are rising.

A deficit is a flow. A refinancing need is a timetable.

Read the budget together with the balance sheet.

Translate an event into an investable mechanism.

Revenue geography and legal exposure are different maps.

A known coupon is not a known foreign-currency return.

Remove one currency exposure; keep credit and duration.

The issuer matters, but so does the claim.

Convenience comes with a second layer of diligence.

A smaller cash outlay can create a larger obligation.

A hedge changes the distribution of outcomes.

The timetable can change what you own.

Do not mix different purchasing-power units.

The income statement is one part of the evidence.

Match the cash flow, discount rate and currency.

Economic ownership and decision power can differ.

A new ticker needs an old-fashioned cash-flow test.

The quoted price is not the all-in price.

A company acquisition is not a larger stock trade.

Location is only one part of due diligence.

Ask the precise question before looking for a rate.

Know which claim you have if an intermediary fails.

Diversification begins with economic drivers.

Convert the beginning and ending values, not just the percentage.

How much depreciation can a local return absorb?

Use a ratio when inflation is material.

Include price movement and cash received.

Measure the full round trip in the same currency.

Stock performance and currency performance interact.

Duration is a useful approximation with limits.

A discount changes the economics of a bond.

Count each claim once.

A lower subscription price does not mean a free gain.

Profit and funding requirements can rise together.

A small cost mismatch can have a large profit effect.

Funding can reset before assets.

Subtract the obligations before declaring a natural hedge.

Small denominator changes can dominate a model.

Debt magnifies the residual claim.

Average volume is a planning input, not a guarantee.

Stress common drivers across the portfolio.

Operating costs and vacancy change the comparison.

Probabilities deserve as much scrutiny as the payoff.

Define success before choosing an instrument.

Compare equivalent exposure, not just convenience.

Verify the entity you will actually contract with.

Make administrative readiness a checklist.

Give your adviser a precise fact pattern.

Make the business case falsifiable.

Start with comparability, then follow the cash.

Use a small set of distinct signals.

Separate surprise from the level of the number.

Track implementation rather than accumulating headlines.

Expose the inputs that drive the answer.

Build coherent worlds, not independent sliders.

Match amounts and dates, not annual totals alone.

Attach an owner and a response to each risk.

Check the operational details before pressing submit.

Deadlines belong in the investment process.

Measure what the investor actually received.

A precise number still needs a definition.

Fifteen useful questions beat fifty open tabs.

A progression from orientation to an informed decision.

Who publishes what, and why it matters.

The words that shape orders and ownership.

Keep the claim and the cash-flow measure consistent.

Frequency and units are part of the fact.

Understand the obligation before the payoff.

Recognise key words in notices and statements.

Primary institutions for macroeconomics, policy and legal context.

Go directly to rules, infrastructure and official disclosures.

Twenty starting points. Always pair presentations with official filings.

Selected scheduled CBRT releases · 2026. Calendar checked 18 September 2026.

Selected scheduled CBRT releases · 2027. Calendar checked 18 September 2026.

A practical index to selected decision points.

Write the units next to the formula.

The framework endures. The evidence changes.