n2ustarzphawl
New member
The Security Level Portfolio and Maturity Profile of the Franklin Templeton's six winded down debt fund has been released.
You can find them here on the FT's official site here.
As we had speculations in this sub about Franklin's UST fund's NAAI being down every day after the closure. It can be seen that they sold ICICI bond (ISIN INE090A08TW2) to honor redemption requests made on 23rd April, 2020 before the cut off time. All the bonds that were to mature so far have not defaulted and paid up their dues.
The drop in NAV seemed to be due to the sell of ICICI bond as they took a haircut on it.
I forgot how to check daily AUM, I would be more than happy if someone checks FT UST's current AUM.
You can find them here on the FT's official site here.
- Security Level Portfolio
- Maturity Profile
As we had speculations in this sub about Franklin's UST fund's NAAI being down every day after the closure. It can be seen that they sold ICICI bond (ISIN INE090A08TW2) to honor redemption requests made on 23rd April, 2020 before the cut off time. All the bonds that were to mature so far have not defaulted and paid up their dues.
The drop in NAV seemed to be due to the sell of ICICI bond as they took a haircut on it.
I forgot how to check daily AUM, I would be more than happy if someone checks FT UST's current AUM.