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Franklin GCC Bond I H1 EUR

Ranked 1 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 : 30/06/2018 - 30/09/2018
  • Rank 1/12 Total Return
  • Rank 7/12 Standard Deviation
  • Rank 2/12 Max Drawdown
Fund Name Currency Return
1 Franklin GCC Bond I H1 EUR EUR

2.3%

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

1.9%

3 Emirates NBD SICAV Emirates Glb Sukuk Fd A EUR Cap EUR

1.6%

4 DWS Invest Emerg Mrkts Sovereign Debt IDH

Currency exposure is hedged

Currency exposure is hedged

EUR

0.9%

5 Franklin Global Sukuk W (Qdis) EUR-H1

Currency exposure is hedged

Currency exposure is hedged

EUR

0.5%

Fund Name Currency Risk
5 Emirates NBD SICAV Em Mena Fix Inc B EUR D EUR

3.1

6 KBC Renta Slovakrenta Cap EUR

3.1

7 Franklin GCC Bond I H1 EUR EUR

3.2

8 DWS Invest China Bonds LCH

Currency exposure is hedged

Currency exposure is hedged

EUR

4.3

9 Globersel Emerging Bond - Insight Investment EUR

10.1

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

0%

2 Franklin GCC Bond I H1 EUR EUR

-0.2%

3 Franklin Global Sukuk W (Qdis) EUR-H1

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.3%

4 Threadneedle (Lux)-Flexible Asian Bond AEH

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.3%

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

-0.3%

Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 -1.4% -1.6% 2.3%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

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

Fund Info

  • Launch date06/12/2017
  • Share Class size27Mn
  • Base currencyUSD
  • ISIN LU1733274556

Purchase Info

  • Min. initial investment5Mn

Charges

  • Annual management0.55%

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