Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Franklin Global Sukuk A (acc) USD

Ranked 522 out of 1054 in - Global over 12 months
All calculations are in USD unless stated

Managed by

Stephen Dover

Stephen Dover graduated from Lewis and Clark College in Portland, Oregon with a BA degree in communications and business administration. He went on to graduate from The Wharton School of the University of Pennsylvania with an MBA in finance. Stephen is currently the managing director and international chief investment officer of Franklin Global Advisors and also oversees and manages Asian equity growth products. Prior to his current role he was founder and CIO of Bradesco Templeton Asset Management and before joining Franklin Templeton in 1997 he was a portfolio manager and principal at Newell Associates. Before this he worked for Towers Perrin Consulting in New York. Stephen is a Chartered Financial Analyst and a Certified Financial Planner.

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 globally. You can view performance in individual jurisdictions.

Performance

Global over : 31/10/2016 - 31/10/2017

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 2.7% 3.1% 1.0%
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

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 size45Mn
  • Base currencyUSD
  • ISIN LU0792756115

Purchase Info

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

Charges

  • Annual management1.00%

Related News

Saudi’s record-breaking bond auction: top EM managers react

As Saudi Arabia's efforts to shake off oil dependency led to a bumper bond sale, Citywire Selector asked top investors what happens next.

A-rated Kronfol: GCC can stave off oil price shock

Franklin Templeton’s Mohieddine Kronfol believes the region can provide value despite volatile conditions surrounding the oil price.

Dover takes over: what we know about the man following Mobius

Citywire Selector takes a closer look at the A-rated manager who will become Franklin Templeton’s go-to-guy on EM equity.

Mobius to hand EM equity team reins to A-rated manager

Franklin Templeton announces succession plan as veteran investor relinquishes day-to-day responsibility for group, Citywire Selector has learned.

The unconventional bond to back to ride the interest rate hike

Franklin Templeton’s Mohieddine Kronfol believes Islamic bonds offer more diversification and less interest rates sensitivity than other fixed income instruments.

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