Franklin Templeton Shariah Funds Franklin Shariah Global Multi-Asset Income Fund W (Mdis) GBP
LU2678149027
Franklin Templeton Shariah Funds Franklin Shariah Global Multi-Asset Income Fund W (Mdis) GBP/ LU2678149027 /
NAV1/23/2025 |
Chg.-0.0100 |
Type of yield |
Investment Focus |
Investment company |
11.4900GBP |
-0.09% |
paying dividend |
Mixed Fund
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 earn income and, secondarily, to increase the value of its investments over the medium to long term.
The Fund pursues an actively managed investment strategy and invests mainly in: · Shariah-compliant equity securities (under normal market conditions, no more than 75% of the Fund's assets) and 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, supranational entities and corporations located in developed and developing countries (investments in below investment grade is limited to 20% of the Fund's 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 earn income and, secondarily, to increase the value of its investments over the medium to long term.
Master data
Type of yield: |
paying dividend |
Funds Category: |
Mixed Fund |
Region: |
Worldwide |
Branch: |
Mixed Fund/Balanced |
Benchmark: |
60% MSCI AC World Islamic-NR, 40% Dow Jones Sukuk Index |
Business year start: |
11/1 |
Last Distribution: |
- |
Depository bank: |
J.P. Morgan SE, Luxembourg Branch |
Fund domicile: |
Luxembourg |
Distribution permission: |
Luxembourg |
Fund manager: |
Matthias Hoppe, Mohieddine (Dino) Kronfol |
Fund volume: |
17.27 mill.
USD
|
Launch date: |
11/1/2023 |
Investment focus: |
- |
Conditions
Issue surcharge: |
0.00% |
Max. Administration Fee: |
0.70% |
Minimum investment: |
1,000.00 GBP |
Deposit fees: |
0.01% |
Redemption charge: |
0.00% |
Key Investor Information: |
- |
Investment company
Funds company: |
Franklin Templeton |
Address: |
Schottenring 16, 2.OG, 1010, Wien |
Country: |
Austria |
Internet: |
www.franklintempleton.at
|
Assets
Stocks |
|
59.53% |
Bonds |
|
36.26% |
Cash and Other Assets |
|
4.21% |
Countries
North America |
|
14.16% |
Europe ex UK |
|
6.54% |
Japan |
|
0.83% |
Australia |
|
0.54% |
United Kingdom |
|
0.48% |
Others |
|
77.45% |