Turkey’s stock market, dominated by a highly-regarded banking sector and flourishing consumer goods industry, is easy for foreign investors to access.

Try exchange-traded funds and mutual funds. The money is flowing in, and Turkey-based indexes are outperforming.

Government-controlled industries, led by the sizzling energy sector, present growth opportunities for foreign direct investors who are expected to inject some $15 billion to $20 billion into the economy this year. Major Persian Gulf investors are pouncing on Turkey’s rapidly expanding real estate market, which has become a haven for western European retirees. Meanwhile, more Gulf sovereign wealth funds, investment funds, and private equity funds are turning to Turkey to avoid Europe’s worsening debt crisis.

ETFsoffer some diversification, but banks rule the Turkish equity market. Financials comprise 48 percent of the iShares MSCI Turkey Investable Market ETF’s holdings, followed by consumer staples and industrials, which accounting for the second- and third-largest sectors. Turkiye Garanti Bankasi, the nation’s largest lender by market value, carries 13 percent of the fund.

[MORE ON CNBC.COM… Slideshow: Investing in Turkish Art ]

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