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%