Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

Franklin GCC Bond I H1 EUR

Ranked 5 out of 12 in - Emerging Markets Other over 3 months
All calculations are in EUR unless stated

Managed by

Sharif Eid

Sharif Eid is a portfolio manager for Franklin Templeton Investments (Middle East). Eid joined the Global Sukuk and MENA Fixed Income investment team in April 2009 as a research analyst where he helped develop the group's fundamental research process and production. Eid was promoted to portfolio manager in 2011 and is currently the co-manager of the FTIF GCC Bond fund and co-manager of Global Sukuk institutional accounts. Prior to joining Franklin Templeton Investments (Middle East), formerly Algebra Capital, Eid worked for TD Securities in Toronto as a trader. He rotated through credit, FX and interest rate option desks. Eid holds a bachelor's degree in industrial engineering and a master's degree in mathematical finance, both from the University of Toronto.

Mohieddine Kronfol

Objective

The Fund’s investment objective is to maximise, consistent with prudent investment management, total investment return consisting of a combination of interest income, capital appreciation and currency gains in the long term. The Fund seeks to achieve its objective by investing primarily in fixed or floating-rate debt securities and obligations issued by government, government-related or corporate entities located in Gulf Cooperation Council member countries. The fund may also purchase fixed or floating-rate debt securities and obligations issued by entities based in the wider MENA regions as well as supranational entities organised by several national governments.

Showing fund performance in Luxembourg View performance globally

Performance

Emerging Markets Other over : 28/02/2018 - 31/05/2018
  • Rank 5/12 Total Return
  • Rank 4/12 Standard Deviation
  • Rank 5/12 Max Drawdown
Fund Name Currency Return
3 Akbank Turkish SICAV - Fixed Income I EUR

-0.1%

4 Agenda SICAV - Russian Taste A Cap EUR

-0.8%

5 Franklin GCC Bond I H1 EUR EUR

-1.9%

6 Franklin Global Sukuk W (Qdis) EUR-H1

Currency exposure is hedged

Currency exposure is hedged

EUR

-2.0%

7 UniInstitutional Basic Emerging Markets EUR EUR

-2.2%

Fund Name Currency Risk
2 Franklin Global Sukuk W (Qdis) EUR-H1

Currency exposure is hedged

Currency exposure is hedged

EUR

0.9

3 Emirates NBD SICAV Em Mena Fix Inc B EUR D EUR

1.0

4 Franklin GCC Bond I H1 EUR EUR

1.7

5 Deutsche Invest I Emerg Mrkts Sovereign Debt IDH

Currency exposure is hedged

Currency exposure is hedged

EUR

2.0

6 KBC Renta Slovakrenta Cap EUR

2.3

Fund Name Currency Loss
3 Emirates NBD SICAV Emirates Glb Sukuk Fd A EUR Cap EUR

-1.0%

4 Akbank Turkish SICAV - Fixed Income I EUR

-1.4%

5 Franklin GCC Bond I H1 EUR EUR

-1.9%

6 Franklin Global Sukuk W (Qdis) EUR-H1

Currency exposure is hedged

Currency exposure is hedged

EUR

-2.0%

7 UniInstitutional Basic Emerging Markets EUR EUR

-2.4%

Total Return

Quarterly Performance

to 31/03/2018 Annual Q1 Q2 Q3 Q4
2018 -1.4%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Cyprus
  2. Czech Republic
  3. Denmark
  4. Finland
  5. France
  6. Georgia
  7. Germany
  8. Greece
  9. Hungary
  10. Ireland
  11. Jersey
  12. Latvia
  13. Liechtenstein
  14. Lithuania
  15. Luxembourg
  16. Netherlands
  17. Norway
  18. Poland
  19. Slovakia
  20. Spain
  21. Sweden
  22. Switzerland
  23. United Kingdom

Fund Info

  • Launch date06/12/2017
  • Share Class size26Mn
  • Base currencyUSD
  • ISIN LU1733274556

Purchase Info

  • Min. initial investment5Mn

Charges

Related News

Oil price shouldn’t concern GCC investors, says bond veteran

Franklin Templeton regional specialist believes policy response not resources should be the priority.

The oil-resilient bond bet to back in GCC

VIDEO: Regional expert on picking winners amid a quickly-changing commodity price backdrop.

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.

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