Fact sheet: Franklin Euro Govt Bd

Fund information
Fund name
Franklin Euro Government Bond A YDis EUR
Fund manager company
Franklin Temp Intnl Serv SARL
Fund type
Offshore Fund
Fund managers
  • David Zahnsince 30/08/2007
  • John Becksince 30/08/2007
Fund objective
The Fund's investment objective is to maximise total returns with a combination of interest income and capital appreciation by investing primarily in Euro denominated fixed-income securities issued by government and government-related issuers located throughout the European Monetary Union ("EMU").
Benchmark
  • Bloomberg Barclays Euro Government Bond Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
-0.8%
1 Year rank in sector
21/22
Sector
FO Fixed Int - EUR Government
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.04%
Fund size
£114m (£182m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
71
Top in this sector
Fund name1 Year
Vanguard 20+ Year € Trs Idx5.7%
BlueBay Inv Grd € Govt Bd4.9%
JI Income Strategy CL2.4%
SSgA EurCoreTsryBdIx2.3%
Macquarie EurGovBd2.2%
...more in FO Fixed Int - EUR Government

Performance snapshot

Holdings snapshot

  • Not Specified31.2%
    Netherlands21%
    Italy17.4%
    Others10.9%
    Finland9.7%
  • Fixed Interest95.9%
    Cash & Cash Equivalents4.1%
  • Global Fixed Interest42.2%
    Dutch Fixed Interest21%
    Italian Fixed Interest17.4%
    Finnish Fixed Interest9.7%
    Austrian Fixed Interest8.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.1%-2.9%-1.6%-0.8%12.9%27.9%
Sector-2.3%-4.3%-2.2%1%13.5%26.8%
Rank within sector2 / 233 / 2310 / 2321 / 2214 / 2012 / 18
Quartile1st1st2nd4th3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund-0.5%1.6%11.5%2.5%9.7%
Sector1.5%0.4%11.4%1%8.7%
Rank within sector21 / 222 / 2213 / 202 / 1911 / 18
Quartile4th1st3rd1st3rd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
0.13
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.91
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.1
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
4.25
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
1.64
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.15
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.86
Price movement
52 week high11.61
52 week low11.13
Current bid price-
Current offer price-
Current mid price11.17
Region
1Not Specified31.22%
2Netherlands21.01%
3Italy17.42%
4Others10.93%
5Finland9.72%
6Austria8.17%
7Belgium7.89%
8Latvia4.47%
9Ireland4.14%
Industry sector
1Fixed Interest95.93%
2Cash & Cash Equivalents4.07%
Asset type
1Global Fixed Interest42.15%
2Dutch Fixed Interest21.01%
3Italian Fixed Interest17.42%
4Finnish Fixed Interest9.72%
5Austrian Fixed Interest8.17%
6Belgian Fixed Interest7.89%
7European Fixed Interest4.47%
8Irish Fixed Interest4.14%
9Money Market4.07%
Individual holdings
1FINLAND(REPUBLIC OF) 0% BDS 15/09/20 EUR10008.87%
2AUSTRIA(REPUBLIC OF) 0.75% BDS 20/10/26 EUR10007.57%
3NETHERLANDS(KINGDOM OF) 4% MTN 15/07/18 EUR16.99%
4GERMANY(FEDERAL REPUBLIC OF) 3.75% BDS 04/01/19 EUR0.016.42%
5NETHERLANDS(KINGDOM OF) 0.5% BDS 15/07/26 EUR10006.32%
6ITALY TREASURY BOND. SENIOR BOND. REG S. INDEX LINKED. 1.25%. 15/09/19326.31%
7BELGIUM(KINGDOM OF) 1% BDS 22/06/26 EUR0.016.16%
8ITALY(REPUBLIC OF) 4.75% BDS 01/09/44 EUR10005.95%
9NETHERLANDS(KINGDOM OF) 0.25% BDS 15/01/20 EUR15.86%
Management
Fund manager group
Franklin Templeton
Fund manager company
Franklin Temp Intnl Serv SARL
Fund type
Offshore Fund
Fund objective
The Fund's investment objective is to maximise total returns with a combination of interest income and capital appreciation by investing primarily in Euro denominated fixed-income securities issued by government and government-related issuers located throughout the European Monetary Union ("EMU").
Benchmark
  • Bloomberg Barclays Euro Government Bond Index
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
David Zahn30/08/2007David Zahn, senior vice president, is responsible for managing the Global Aggregate and Euro Aggregate fixed income strategies. He is a member of the Fixed Income Policy Committee and is a portfolio manager for many of the European Franklin Templeton fixed income funds.Prior to joining Franklin Templeton in 2006, Mr. Zahn was a senior portfolio manager at Citigroup Asset Management.Mr. Zahn holds a B.S. in business administration from the University of Maine and an M.B.A in finance from the University of Connecticut.He is a Chartered Financial Analyst (CFA) Charterholder and is a qualified Financial Risk Manager (FRM).
John Beck30/08/2007John W. Beck is Senior Vice President and Director of Fixed Income, London for Franklin Templeton Fixed Income Group. In this role, he coordinates the London-based fixed income teams that manage the group's European Fixed Income and Emerging Markets Debt opportunities strategies. Mr. Beck is the lead portfolio manager responsible for Global Aggregate Strategies and manages portfolios for major institutions, including multinational pension funds and supranational organisations. He is a member of the Fixed Income Policy Committee. Prior to joining the firm in 1990, Mr. Beck was with Saudi International Bank. Mr. Beck holds an M.A. from Exeter College, Oxford University.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS V Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Cyprus, Czech Republic, Germany, Denmark, Spain, Estonia, Finland, France, United Kingdom, Gibraltar, Greece, Guernsey, Hong Kong, Hungary, Ireland, Italy, Jersey, Republic Of Korea, Lithuania, Luxembourg, Latvia, Macau, Netherlands, Norway, Offshore, Poland, Portugal, Singapore, Slovakia, Sweden, Turkey, South Africa
Franklin Euro Government Bond A YDis EUR
Initial charge5%
Annual charge0.5%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.04%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price11.17
CurrencyEUR
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeUJ45
Franklin Euro Government Bond I Acc EUR
Initial charge-
Annual charge0.35%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.62%
Total expense ratio (TER)0.63%
Bid price-
Offer price-
Mid price15.5
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF197
Franklin Euro Government Bond I QDis EUR
Initial charge-
Annual charge0.35%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.61%
Total expense ratio (TER)0.61%
Bid price-
Offer price-
Mid price10.91
CurrencyEUR
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF8LS
Franklin Euro Government Bond N Acc EUR
Initial charge3%
Annual charge0.5%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.6%
Total expense ratio (TER)1.6%
Bid price-
Offer price-
Mid price13.63
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF198
Data provided by

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