F.Shariah Techno.Fd.I USD
LU2432580905
F.Shariah Techno.Fd.I USD/ LU2432580905 /
NAV2024-11-12 |
Chg.+0.0600 |
Type of yield |
Investment Focus |
Investment company |
15.1000USD |
+0.40% |
reinvestment |
Equity
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. Franklin Shariah Technology Fund (the "Fund") aims to increase the value of its investments from Shariah-compliant securities over the medium to long term.
The Fund pursues an actively managed investment strategy and invests mainly in: · Shariah-compliant equity securities issued by technology companies of any size located anywhere in the world The Fund can invest to a lesser extent in: · Shariah-compliant debt securities of corporate issuers · Chinese A-Shares (equity securities of Chinese companies listed in Mainland China) and China B-Shares (limited to 15% of assets) The companies in which the Fund invests can be in a variety of industries such as computers, hardware, telecommunications, electronics, media and information services, and precision instruments that are expected to benefit from the development, advancement and use of technology and communication services and equipment.
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. Franklin Shariah Technology Fund (the "Fund") aims to increase the value of its investments from Shariah-compliant securities over the medium to long term.
Master data
Type of yield: |
reinvestment |
Funds Category: |
Equity |
Region: |
Worldwide |
Branch: |
Sector Technology |
Benchmark: |
S&P Global 1200 Shariah Information Technology Index |
Business year start: |
11-01 |
Last Distribution: |
- |
Depository bank: |
J.P. Morgan SE, Luxembourg Branch |
Fund domicile: |
Luxembourg |
Distribution permission: |
Austria, Germany, Switzerland, Czech Republic |
Fund manager: |
Jonathan Curtis, Matthew Cioppa, Dan Searle |
Fund volume: |
133.61 mill.
USD
|
Launch date: |
2022-02-24 |
Investment focus: |
- |
Conditions
Issue surcharge: |
0.00% |
Max. Administration Fee: |
0.70% |
Minimum investment: |
5,000,000.00 USD |
Deposit fees: |
- |
Redemption charge: |
0.00% |
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
|
Countries
United States of America |
|
82.85% |
Netherlands |
|
6.44% |
Cash |
|
4.57% |
Taiwan, Province Of China |
|
3.96% |
Canada |
|
1.74% |
United Kingdom |
|
0.44% |
Branches
Semiconductors |
|
33.55% |
Software |
|
31.32% |
Semiconductor Devices & Products |
|
9.82% |
Computer Hardware |
|
8.45% |
Cash |
|
4.57% |
Media |
|
4.53% |
Internet Service |
|
3.88% |
IT/Telecommunication |
|
1.95% |
Gesundheitswesen/ Informationstechnologie |
|
1.51% |
automotive engineering |
|
0.27% |
Healthcare services |
|
0.15% |