F.Gl.Sukuk Fd.C USD
LU2279959808
F.Gl.Sukuk Fd.C USD/ LU2279959808 /
NAV12/11/2024 |
Chg.-0.0200 |
Type of yield |
Investment Focus |
Investment company |
8.1400USD |
-0.25% |
paying dividend |
Bonds
Worldwide
|
Franklin Templeton ▶ |
Investment strategy
The primary characteristic of a Shariah fund is its compliance with Shariah guidelines based on the principles of Islamic finance. A Shariah fund is required to appoint a Shariah supervisory board which independently ensures that the fund also meets such Shariah guidelines in the management of all of its assets. The Fund aims to maximise total investment return by achieving an increase in the value of its investments and earning income from Shariah- compliant securities over the medium to long term.
The Fund pursues an actively managed investment strategy and invests mainly in: Shariah-compliant debt securities, including Sukuk of any quality (including lower quality securities such as non-investment grade securities) and of any maturity, issued by governments, government-related entities and corporations located in developed and emerging markets Shariah-compliant short-term instruments (up to 40% of the Fund net assets).
Investment goal
The primary characteristic of a Shariah fund is its compliance with Shariah guidelines based on the principles of Islamic finance. A Shariah fund is required to appoint a Shariah supervisory board which independently ensures that the fund also meets such Shariah guidelines in the management of all of its assets. The Fund aims to maximise total investment return by achieving an increase in the value of its investments and earning income from Shariah- compliant securities over the medium to long term.
Master data
Type of yield: |
paying dividend |
Funds Category: |
Bonds |
Region: |
Worldwide |
Branch: |
Bonds: Mixed |
Benchmark: |
Dow Jones Sukuk Index |
Business year start: |
01/11 |
Last Distribution: |
08/11/2024 |
Depository bank: |
J.P. Morgan SE, Luxembourg Branch |
Fund domicile: |
Luxembourg |
Distribution permission: |
Switzerland, Czech Republic |
Fund manager: |
Amit Jain, Mohieddine (Dino) Kronfol |
Fund volume: |
743.9 mill.
USD
|
Launch date: |
06/01/2021 |
Investment focus: |
- |
Conditions
Issue surcharge: |
0.00% |
Max. Administration Fee: |
1.00% |
Minimum investment: |
1,000.00 USD |
Deposit fees: |
0.01% |
Redemption charge: |
1.00% |
Key Investor Information: |
Download (Print version) |
Investment company
Funds company: |
Franklin Templeton |
Address: |
Schottenring 16, 2.OG, 1010, Wien |
Country: |
Austria |
Internet: |
www.franklintempleton.at
|
Assets
Bonds |
|
89.53% |
Cash |
|
1.65% |
Others |
|
8.82% |
Countries
Cayman Islands |
|
59.60% |
Indonesia |
|
7.82% |
United Arab Emirates |
|
6.06% |
Saudi Arabia |
|
4.90% |
Malaysia |
|
4.19% |
Philippines |
|
3.20% |
Luxembourg |
|
2.53% |
Cash |
|
1.65% |
Bahrain |
|
0.68% |
Egypt |
|
0.54% |
Others |
|
8.83% |
Currencies
US Dollar |
|
95.31% |
Malaysian Ringgit |
|
0.98% |
Others |
|
3.71% |