Any Turkey Sovereign in your EM Sandwich? There may be a slight problemo.

heezsafe

A long-running inquiry into activities including bribery, gold-smuggling and illegal collusion is making life harder for those who are try to read the tea leaves of the Turkish economy. The sums of money are quite large; GNP-altering.

http://www.bloomberg.com/news/2014-06-25/turkey-sells-200-tons-of-secret-gold-to-iran.html

Substituting bogus food exports when the secretive gold "exports" stalled was....mmm.... less effective.
State Bank manager to Iranian master shuffle-man: "Let's talk about this wheat issue. [___] I think it’s a little difficult for a 5,000-ton thing to carry a 140,000-150,000 ton order.” Then he pointed out another problem: "The document you sent has the origin of the wheat as Dubai.”

scott

I just sold EDF after a really nice run. Turkey is a fairly sizable holding.

Crash

PREMX: 8.74% in Turkey. I own that one, letting it ride. The fund is just .03 cents from a 52-week high. All-time high was $14.26 or thereabouts. While rates stay low, this gund is one of my better performers: +9.09% YTD, 6.51%, looking back 3 years. In between, here's a 2-year chart:
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=PREMX&insttype=Fund&freq=1&show=&time=9