Franklin MENA Fund I(acc)EUR

Management

Fund classes:
Franklin MENA Fund I(acc)EUR
€12.56 Price
€0.04
0.32%
Today's Change
ISIN LU0352132954
Share Class Accumulation
Ongoing Charge 1.37%
Annual Management Charge 1.05%

Fund management breakdown

Manager Company Franklin Templeton
Fund Type SICAV
Benchmark Africa & Middle East Equity
Domicile LUX
For Sale in United Arab Emirates, Austria, Belgium, Switzerland, Cyprus, Czechia, Germany, Denmark, Spain, Finland, France, United Kingdom, Greece, Hungary, Ireland, Iceland, Italy, Jersey, Lithuania, Luxembourg, Latvia, Netherlands, Norway, Poland, Portugal, Singapore, Slovakia, Sweden, South Africa

Fund manager biographies

Name Bassel Khatoun
Since 02 July 2019
Bio Mr. Khatoun joined Franklin Templeton Investments in 2012. Prior to joining Franklin Templeton Investments, he worked as an equity portfolio manager of Algebra Capital which is now known as Franklin Templeton Investments (ME) Limited.
Name Salah Shamma
Since 21 September 2015
Bio SALAH SHAMMA Portfolio Manager of FTIME Mr. Shamma has been a portfolio manager of the Fund since October 2013, providing research and advice on the purchases and sales of individual securities, and portfolio risk assessment. He joined Franklin Templeton Investments in 2012. Prior to joining Franklin Templeton Investments, he worked as an equity portfolio manager of Algebra Capital which is now known as Franklin Templeton Investments (ME) Limited.
Name Salah Chamma
Since 02 July 2019
Bio

Fund objective

Franklin MENA Fund (the “Fund”) aims 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: equity securities issued by companies of any size located in, or doing significant business in, the Middle East and North Africa (MENA) region, including the region's emerging and frontier markets equity-related securities such as participatory notes to gain access to countries within the MENA region The Fund can invest to a lesser extent in: equity and debt securities from issuers worldwide derivatives for hedging and efficient portfolio management The investment team evaluates each company, visiting regularly on-site to consider factors such as management quality, and aims to select securities with the potential to perform better than the equity market in the MENA region as a whole. The benchmark of the Fund is the Hybrid: MSCI Arabian Markets SA Capped 20% until 29 September 2010 then S&P Pan Arab Composite Large Mid Cap KSA Capped at 30%. The benchmark is used solely as a reference for Investors to compare against the Fund's performance, and the benchmark is neither used as a constraint on how the Fund's portfolio is to be constructed nor set as a target for the Fund's performance to beat. The Fund can deviate from the benchmark. You may request the sale of your shares on any Luxembourg business day. The income received from the Fund's investments is accumulated with the result of increasing the value of the shares. For further information on the Objectives and Investment Policy of the Fund, please refer to the section “Fund Information, Objectives and Investment Policies” of the current prospectus of Franklin Templeton Investment Funds. Terms to Understand Debt securities: Securities representing the issuer's obligation to repay a loan at a specified date and to pay interest. Derivatives: Financial instruments whose characteristics and value depend on the performance of one or more underlying assets, typically securities, indexes, currencies or interest rates. Emerging markets: Countries whose economy, stock market, political situation and regulatory framework are not fully developed. Equity securities: Securities that represent an ownership stake in a company. Frontier markets: Typically, countries whose economies and securities markets are smaller, less accessible and/or at a very early stage of development even compared to emerging markets. Hedging: A strategy for totally or partially offsetting particular risks such as those arising from fluctuations in share prices, currencies or interest rates.