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Franklin Templeton Investment – Amendment to the investment policy of Franklin Templeton Shariah Funds (FTSF) – Franklin Global Sukuk Fund
Franklin Templeton Investment – Amendment to the investment policy of Franklin Templeton Shariah Funds (FTSF) – Franklin Global Sukuk Fund
Corporate Action
The fund manager would like to inform you about the decision of the board of directors (the “Board”) of Franklin Templeton Shariah Funds (the “Company”) to amend the investment policy of the Franklin Global Sukuk Fund (the “Fund”).
These changes will enable the Fund to use financial derivative instruments for investment purposes, which may have an impact on the way the Fund is managed and on the allocation of its portfolio.
The Board however does not expect this change to have any impact on the Fund’s risk profile or SRRI. These will become effective as from 15 June 2021.
Detailed descriptions of the revised investment policy are included in the Appendix of this letter.
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This is provided to you for general information only and does not constitute a recommendation, an offer or solicitation to buy or sell the investment product mentioned. It does not have any regard to your specific investment objectives, financial situation or any of your particular needs. Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of your acting based on this information.
Investments are subject to investment risks including the possible loss of the principal amount invested. Unit trusts distributed by Phillip Securities Pte Ltd (“PSPL”) are not obligations of, deposits in, or guaranteed by, PSPL or any of its affiliates.
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