F.Shariah Techno.Fd.I USD/  LU2432580905  /

Fonds
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
 

Assets

Stocks
 
95.43%
Cash
 
4.57%

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%