Franklin OnChain U.S. Dollar Short-Term Money Market Fund
Tokinvest is bringing institutional-grade U.S. dollar money market investment to a new generation of investors through tokenisation.
This model provides simple access to a professionally managed, income-producing USD money market fund issued by Franklin Templeton.
What You're Investing In
Investing in the Franklin OnChain U.S. Dollar Money Market Fund through Tokinvest gives you:
A proportional holding in the fund, valued at its daily net asset value (NAV)
Returns reflected in the fund's daily NAV (the fund makes no distributions)
Real-time performance tracking (indicative NAV, holdings and transaction history)
Your holding is backed by real fund shares held on your behalf. Its value tracks the fund’s NAV. Subscriptions and redemptions are in AED. Tokinvest converts between AED and USD for settlement at the fund level - the cost of this conversion is borne by Tokinvest and is not charged to you.
About the Fund
Strategy, Quality, and Performance
The fund invests in a portfolio of high-quality, short-term U.S. dollar money market instruments (including government and high-grade debt securities, commercial paper, floating-rate notes and certificates of deposit) with a weighted average maturity of 60 days or less.
Managed by Franklin Templeton with the objective of preserving capital while generating current income, it offers a stable, liquid USD cash-management solution.
Fund shares are recorded on a tokenised register across the Stellar and XRP Ledger networks within the Franklin Templeton ecosystem, with daily dealing on a forward-pricing basis
How It Works
Step 1: Invest
Invest in the Franklin OnChain U.S. Dollar Money Market Fund. Minimum investment from AED 367,250; a 0.10% platform fee applies to each subscription, deducted from your subscription amount.
Step 2: Earn Daily Yield
Income earned by the underlying portfolio is retained and reflected in the fund's daily NAV, so the value of your holding rises as that income accrues. The fund does not currently pay cash distributions; you realise your return when you redeem.
Step 3: Track Performance
Monitor your investment value, indicative NAV and yield, and transaction history through your investor dashboard.
Step 4: Redeem & Exit
Redeem on any business day. Redemption proceeds are typically received within ~7 business days of the fund accepting your instruction. In stressed market conditions, redemptions may be subject to a daily limit (gate) or temporary suspension.
Timeline
How a subscription or redemption moves through the platform.
Subscription
T+0 — Place order
Submit before the 3:00 pm GST cut-off. Your dealing NAV is set at T+2 — not at the time of instruction.
T+1 — Instruction sent
Instruction and funds forwarded to the fund.
T+2 — Confirmed
Your dealing NAV is confirmed and your holding is issued.
Redemption
T+0 — Request
Submit before the 3:00 pm GST cut-off.
T+1 — Accepted at fund
Instruction forwarded and accepted. Dealing NAV set. Settlement period begins.
T+8 — Proceeds paid
Redemption proceeds paid by the fund.
T+9 — Credited
Proceeds received, converted, and credited to your account.
* Converted from USD at fixed AED/USD rate of 3.6725
Disclaimer
Capital at risk - the value of your investment can fall as well as rise and you may get back less than you invested; this is not a bank deposit, is not insured or guaranteed, and past performance is not a reliable indicator of future results.
You hold Tokinvest mirror tokens, each backed one-for-one by a share in the Franklin OnChain U.S. Dollar Short-Term Money Market Fund held on investors’ behalf - a proportional beneficial interest in real fund shares, not a claim on Tokinvest.
The fund currently makes no distributions (returns are reflected in a changing NAV, with no fixed share price) and is subject to credit, interest-rate and market risks.
Dealing is forward-priced, so the NAV applied is set after the cut-off, not at instruction, and any indicative figures shown are for information only; redemption proceeds depend on processing timelines and may be subject to limits, deferral or suspension.
The fund is in USD and subscriptions are in AED - Tokinvest performs and bears the cost of currency conversion, but you remain exposed to the risk of adverse AED/USD movements (reduced, not removed, by the peg).
Fees apply, including a Tokinvest platform fee on subscriptions and fund-level fees reflected in the NAV, and reduce returns. Your holding is recorded on blockchain and carries operational, technology and cybersecurity risks.
This is not investment advice; the fund’s offering documents and Tokinvest Terms of Business prevail.
Tokinvest may refuse, restrict, suspend or cancel access to a product where an investor’s country of residence, nationality, regulatory status or applicable local laws do not permit the investment, and you are responsible for ensuring you comply with the regulatory, legal, tax and investment requirements applicable in your country of residence before investing.
