Change to investment policy – Franklin Global Sukuk Fund
Franklin Templeton has announced a change to the investment policy of its Franklin Global Sukuk fund (the "Fund") which will take effect 15 June 2021.
What is changing?
The investment policy of the Fund will be amended in order to enable the use of financial derivative instruments for investment purposes. This may have an impact on the way the Fund is managed and on the allocation of its portfolio. The board of directors of Franklin Templeton Shariah Funds does not expect this change to have any impact on the Fund's risk profile.
The change will become effective from 15 June 2021, a detailed description of the revised investment policy can be found in the Franklin Templeton notification opposite.
Funds available in our defined fund range products
The Fund can be found in our defined fund range products Oracle, Paragon, Quantum, RSP, Lifeplan and Protected Lifestyle. A summary of the changes to the investment policy are detailed in the Franklin Templeton notification document opposite.
Funds available in our open-architecture products
The Fund features in our open-architecture products and will be subject to changes detailed in the Franklin Templeton notification document opposite.
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