Franklin Global Sukuk Fund

Franklin Templeton Shariah Funds

Summary of Fund Objective

The Fund aims to maximise, consistent with prudent investment management, total investment return, consisting of a combination of profit income and capital appreciation, by investing principally in a portfolio of fixed- and floating-rate Shariah-compliant securities (including non-investment grade securities), including Sukuk, Murabaha and Wakala placements and other short-term instruments issued by government, government-related and corporate entities located in developed and developing countries.

Investor Profile

  • Seeking to maximise total investment return consisting of profit income and capital appreciation.
  • Planning to hold their investment for the medium to long term.



MANAGEMENT

Mohieddine (Dino) Kronfol

  • Dubai, United Arab Emirates
  • Years With Firm: 12
  • Years Of Experience: 23

Sharif Eid

  • Dubai, United Arab Emirates
  • Years With Firm: 10
  • Years Of Experience: 12

What are the Key Risks?

The value of shares in the Fund and income received from it can go down as well as up and investors may not get back the full amount invested. Performance may also be affected by currency fluctuations. Currency fluctuations may affect the value of overseas investments.

  • The Fund invests mainly in Shariah-compliant debt securities, including Sukuk and short-term instruments of any quality issued by entities located in developed and emerging markets. Such securities have historically been subject to price movements, generally due to the supply and demand for financing, other market factors or movements in the Sukuk market. As a result, the performance of the Fund can fluctuate moderately over time.
  • Other significant risks include: emerging markets risk, derivatives risk, counterparty risk, liquidity risk, Sukuk risk, Shariah compliance risk.
For full details of all of the risks applicable to this Fund, please refer to the section “Risk Considerations” of the Fund in the current prospectus of Franklin Templeton Shariah Funds.