Franklin Global Sukuk Fund W(Qdis)GBP-H1
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General Objective
The fund aims to maximize total investment return by increasing the value of its investments and earning income from Shariah-compliant securities over the medium to long term. It follows Shariah guidelines based on the principles of Islamic finance and is managed by a Shariah supervisory board.
Fund Exposure
The fund primarily invests in Shariah-compliant debt securities, including Sukuk of any quality and maturity, issued by governments, government-related entities, and corporations in developed and emerging markets. It also invests in Shariah-compliant short-term instruments up to 40% of the fund's net assets.
Risks
Investors should be aware that the fund does not offer any capital guarantee or protection, and there is a risk of not getting back the amount invested. The fund is subject to risks such as counterparty risk, credit risk, foreign currency risk, and derivative instruments risk, which are materially relevant to the fund's performance.