Fact sheet: Franklin Gbl Sukuk

Fund information
Fund name
Franklin Global Sukuk N Acc EUR
Fund manager company
Franklin Temp Intnl Serv SARL
Fund type
Offshore Fund
Fund managers
  • Mohieddine Konfolsince 10/09/2012
  • Stephen Doversince 10/09/2012
Fund objective
To maximise, consistent with prudent investment management, total investment return, consisting of a combination of profit income and capital appreciation
Benchmark
  • Dow Jones Sukuk Index
Investment style
Total Return
Investment method
Fixed Interest
Quick stats
1 Year return
1.8%
1 Year rank in sector
254/287
Sector
FO Fixed Int - Global
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
2.45%
Fund size
£104m (£90m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
68
Top in this sector
Fund name1 Year
Capital Group GHIOL33.2%
Dodge & Cox Global Bond27.5%
La Mondiale Global Bond27.5%
Russell Gbl Bd27.4%
Aberdeen Global II GlGovtBd27%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • United Arab Emirates38.6%
    Malaysia14.4%
    Saudi Arabia9.5%
    Indonesia8.7%
    Money Market8.5%
  • Financials22.3%
    Government Agency Bonds21.6%
    Government Guaranteed17.4%
    High Yield Bond13.5%
    Cash & Cash Equivalents8.5%
  • GCC Fixed Interest55.6%
    Malaysian Fixed Interest14.4%
    Indonesian Fixed Interest8.7%
    Money Market8.5%
    Middle East & African Fixed Interest6.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.9%-1.4%0.1%1.8%26.3%-
Sector-0%2.2%4.4%6%8.6%17.3%
Rank within sector289 / 304300 / 302291 / 300254 / 28720 / 228-
Quartile4th4th4th4th1st
Calendar performance
 YTD - 20162015201420132012
Fund-1%10.1%16.7%--
Sector6.3%-1.6%3.7%-1.6%8.2%
Rank within sector291 / 2962 / 2758 / 236--
Quartile4th1st1st
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
6.64
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.61
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.63
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
7.72
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
7.58
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.68
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.04
Price movement
52 week high12.04
52 week low11.22
Current bid price-
Current offer price-
Current mid price11.56
Region
1United Arab Emirates38.57%
2Malaysia14.4%
3Saudi Arabia9.52%
4Indonesia8.65%
5Money Market8.49%
6Qatar7.53%
7Turkey6.2%
8USA2.62%
9Others2.47%
Industry sector
1Financials22.26%
2Government Agency Bonds21.62%
3Government Guaranteed17.43%
4High Yield Bond13.53%
5Cash & Cash Equivalents8.49%
6Government Bonds7.66%
7Industrials4.84%
8Local Government Bonds4.18%
Asset type
1GCC Fixed Interest55.62%
2Malaysian Fixed Interest14.4%
3Indonesian Fixed Interest8.65%
4Money Market8.49%
5Middle East & African Fixed Interest6.2%
6US Fixed Interest2.62%
7Global Fixed Interest2.47%
8UK Fixed Interest1.55%
Individual holdings
1MALAYSIA 4.444% BDS 22/05/24 MYR10003.94%
2MAF SUKUK LTD 4.5% BDS 03/11/25 USD200000REG S3.81%
3GEMS MEA SUKUK LTD.. JUNIOR SUB. NOTE. REG S. 12.00% TO 11/21/18.3.72%
4DANA GAS SUKUK LTD.. CVT.. SENIOR NOTE. REG S. 7.00%. 31/10/20173.68%
5DUBAI DOF SUKUK LTD 5% NTS 30/04/29 USD10003.64%
6PERUSAHAAN PENERBIT SBSN INDONESIA III, SENIOR NOTE, REG S, 4.325%, 5/28/253.03%
7PERUSAHAAN PENERBIT SBSN INDONESIA III, REG S, 4.55%, 3/29/262.99%
8SIME DARBY BHD (NEW) 3.29% BDS 29/01/23 USD200000 REG S2.73%
9JANY SUKUK CO. LTD., REG S, 2.844%, 9/23/192.62%
Management
Fund manager group
Franklin Templeton
Fund manager company
Franklin Temp Intnl Serv SARL
Fund type
Offshore Fund
Fund objective
To maximise, consistent with prudent investment management, total investment return, consisting of a combination of profit income and capital appreciation
Benchmark
  • Dow Jones Sukuk Index
Investment style
Total Return
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Mohieddine Konfol10/09/2012Mr. Kronfol has over 12 years of relevant experience in financial services including a 3 year track record in regional fixed income markets and founding roles in 3 start up businesses. Prior to committing to Algebra Capital, Mohieddine was the Head of SHUAA Capital's Debt Asset Management Department as well as the Fund Manager of The Arab Income Fund (TAIF). Mohieddine was also Head of SHUAA Capital's Capital Markets department where he managed investments globally in FX, commodity, interest rate and equity markets, including related cash, futures and options securities. Prior to joining SHUAA Capital in August 2000, Mohieddine was a Senior Associate at Middle East Capital Group (MECG), a Beirut based investment bank with a regional focus. Mohieddine sits on the Investment Committees of Algebra Capital's Funds. Mohieddine holds a Bachelors degree in Business Administration and an MBA from the American University of Beirut.
Stephen Dover10/09/2012Stephen H. Dover, CFA, is the senior vice president/managing director, international chief investment officer of Franklin Templeton Advisors. He is responsible for overseeing the investment functions of the locally managed and distributed products in South Korea, Brazil, China and India. In his capacity of overseeing the investment areas of local asset management companies, Mr. Dover has managed investment groups in: South Korea, China, Taiwan, Japan, France, Italy, Hong Kong, Singapore, India, South Africa and Brazil. Prior to serving in his current role, Mr. Dover was a founder and chief investment officer of Bradesco Templeton Asset Management (BTAM), a joint venture with Brazil's largest private bank, in Sao Paulo, Brazil. Under Mr. Dover's direction, BTAM became the largest joint-venture asset management company in Brazil. While at BTAM, Mr. Dover specialized in the management of corporate governance funds. Prior to joining Franklin Templeton Investments, Mr. Dover was a portfolio manager and principal at Newell Associates in Palo Alto, CA where he co-managed retail and institutional equity assets. Previously, Mr. Dover worked for Towers Perrin Consulting in New York, London and San Francisco. Mr. Dover is a member of the Board of Directors of a non-profit development bank focusing on micro-loans in Central America. Mr. Dover is also on the Board of Trustees of Lewis and Clark College and Law School in Portland, OR. Mr. Dover earned a B.A. in communications and business administration from Lewis and Clark College in Portland, OR and a M.B.A. in finance from The Wharton School of Business at the University of Pennsylvania. He is a Chartered Financial Analyst (CFA) Charterholder as well as a Certified Financial Planner (CFP). Mr. Dover has lived in China, Costa Rica, England, Brazil and the United States.
Compliance
Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Switzerland, Spain, France, United Kingdom, Luxembourg, Offshore, Singapore, South Africa
Franklin Global Sukuk A Acc EUR
Initial charge5%
Annual charge1.3%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.5%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price11.95
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF8LY
Franklin Global Sukuk A Acc USD
Initial charge5%
Annual charge1.3%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.5%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price11.07
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF7JG
Franklin Global Sukuk A MDis SGD
Initial charge5%
Annual charge1.3%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.5%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price10.22
CurrencySGD
Price updated28/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF8MA
Franklin Global Sukuk A MDis USD
Initial charge5%
Annual charge1.3%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.5%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price9.7
CurrencyUSD
Price updated28/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF7JI
Franklin Global Sukuk I Acc USD
Initial charge-
Annual charge0.7%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)1.07%
Bid price-
Offer price-
Mid price11.26
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF7JH
Franklin Global Sukuk N Acc EUR
Initial charge3%
Annual charge2.25%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.45%
Total expense ratio (TER)2.45%
Bid price-
Offer price-
Mid price11.56
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF8LZ
Franklin Global Sukuk W H1 QDis EUR
Initial charge-
Annual charge0.75%
Min single investment£3,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.94
CurrencyEUR
Price updated28/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE9XU
Franklin Global Sukuk W Qdis USD
Initial charge-
Annual charge0.75%
Min single investment£3,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.11%
Total expense ratio (TER)1.11%
Bid price-
Offer price-
Mid price9.7
CurrencyUSD
Price updated28/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFSGQ
Franklin Global Sukuk X QDis USD
Initial charge-
Annual charge-
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.37%
Total expense ratio (TER)0.37%
Bid price-
Offer price-
Mid price9.86
CurrencyUSD
Price updated28/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFDQX
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