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In your financial future
As a global leader in asset management, Franklin Templeton is committed to unlocking the growth potential of your financial future.
Leveraging our 75 years of global expertise and deep understanding of local markets, we have curated a pioneering range of conventional and Shariah-compliant feeder funds designed to help navigate your investment goals in the ever-evolving complexities of the financial landscape.
Watch an exclusive podcast featuring Amar Mehta, Head of Retail, GEM & Africa in conversation with Khaleej Times on the new feeder funds.
In January 2023, the Emirates Securities and Commodities Authority (“SCA”) amended investment fund rules in the UAE. The new regulations represent an overhaul of the SCA’s funds regime, which aims to further develop the UAE’s asset management industry. Based on the new regulations, effective April 1, 2024, public distribution of only local funds is possible by the locally licensed promoters.
In response to the new regulations, Franklin Templeton is one of the first global asset management companies to establish feeder funds for the onshore UAE retail market through its two new Dubai International Financial Centre (DIFC) domiciled fund ranges: Franklin Templeton Investments Feeder Funds (FTIFF) and Franklin Templeton Shariah Feeder Funds (FTSFF), which have the sole objective of investing in Franklin Templeton’s Luxembourg and Ireland domiciled UCITs funds. The feeder funds will be distributed in the UAE by locally licensed promoters. Investors can reach out to promoters for their investment needs. For a full list of locally licensed promoters, please contact [email protected]. Please see the press release at the below link for more details.