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Franklin Mena fund adds Sterling share classes

Franklin Templeton Investments has added Sterling-priced distributor status share classes to its Franklin Mena fund.

Launched in June, the Mena fund invests in a concentrated portfolio of 40 to 60 equity and fixed income stocks as well as financial derivative instruments across the Middle-East and Mena region.

Franklin Templeton Investments global advisory services senior director Jamie Hammond says: “As we launch more products within our Luxembourg-domiciled Sicav range and broaden our distribution universe, we believe these Sterling-priced share classes will facilitate access for UK investors to key strategies beyond mainstream equity and fixed income products.

“In addition, with the launch of these new share classes, we hope to make the Franklin Mena fund available on fund platforms such as Cofunds to enable easier access for financial advisers”.

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