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Franklin Global Sukuk A (acc) USD

Ranked 4 out of 7 in - Emerging Markets Other over 12 months
All calculations are in USD unless stated

Managed by

Sharif Eid

Sharif Eid is a portfolio manager for Franklin Templeton Investments (Middle East). Eid joined the Global Sukuk and MENA Fixed Income investment team in April 2009 as a research analyst where he helped develop the group's fundamental research process and production. Eid was promoted to portfolio manager in 2011 and is currently the co-manager of the FTIF GCC Bond fund and co-manager of Global Sukuk institutional accounts. Prior to joining Franklin Templeton Investments (Middle East), formerly Algebra Capital, Eid worked for TD Securities in Toronto as a trader. He rotated through credit, FX and interest rate option desks. Eid holds a bachelor's degree in industrial engineering and a master's degree in mathematical finance, both from the University of Toronto.

Mohieddine Kronfol

Objective

To maximise, consistent with prudent investment management, total investment return, consisting of a combination of profit income and capital appreciation. The Fund seeks to achieve this objective by investing principally in a portfolio of fixed- and floating-rate Shariah-compliant securities (including non-investment grade securities), including Sukuk al-Ijara and Sukuk al-Wakala issued by government, government-related and corporate entities located in developed and developing countries. The Fund will also invest up to 40% of its net assets in short term instruments including Murabaha placements.

Showing fund performance in Singapore View performance globally

Performance

Emerging Markets Other over : 31/10/2017 - 31/10/2018

Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 -1.5% -1.4% 1.0%
2017 7.7% 2.7% 3.1% 1.0% 0.7%
2016 -1.1% 2.3% 1.2% -0.7% -3.8%
2015 -0.2% 1.1% 0.6% -1.6% -0.3%
2014 3.8% 3.3% 1.8% -1.3% 0.0%
2013 1.4% 0.5% -1.7% 1.0% 1.6%
2012 2.5%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/06/2018

Top 10 Holdings

Stock Size
KSA Sukuk 3.628% 20-Apr-2027 4.79%
PP SBSN ID III 4.40% 03/01/28 SR: 4.47%
SOQ SUKUK A 3.24% 01/18/23 SR: 3.52%
PP SBSN ID III 4.55% 03/29/26 SR: 3.48%
Oman Sovereign 4.397% 01-Jun-2024 3.35%
Nigeria 16.470% 25-Sep-2024 3.20%
EQUATE Sukuk 3.944% 21-Feb-2024 3.04%
HK Sukuk 2017 3.132% 28-Feb-2027 3.03%
PP SBSN ID III 4.33% 05/28/25 SR: 2.86%
1Malaysia Sukuk 4.080% 27-Apr-2046 2.65%
30/06/2018

Registered For Sale In

  1. France
  2. Luxembourg
  3. Singapore
  4. South Africa
  5. Spain
  6. Switzerland
  7. United Kingdom

Fund Info

  • Launch date10/09/2012
  • Share Class size40Mn
  • Base currencyUSD
  • ISIN LU0792756115

Purchase Info

  • Min. initial investment5,000
  • Min. regular additional investment0

Charges

  • Annual management1.00%
  • Initial investment0.00%

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).