Fact sheet: Franklin Euro HiYld

Fund information
Fund name
Franklin Euro High Yield A YDis EUR
Fund manager company
Franklin Temp Intnl Serv SARL
Fund type
Offshore Fund
Fund managers
  • Patricia O'Connorsince 30/09/2001
  • Piero Del Montesince 30/06/2006
Fund objective
The Funds principal investment objective is to earn a high level of current income. As a secondary objective, the Fund seeks capital appreciation, but only when consistent with its principal objective.
Benchmark
  • BofA ML European High Yield Constrained
Investment style
High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
3.7%
1 Year rank in sector
23/29
Sector
FO Fixed Int - EUR High Yield
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.
1.52%
Fund size
£782m (£931m 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.
67
Top in this sector
Fund name1 Year
Aberdeen Gbl SelEurHiYdBd23.9%
Pioneer SICV-Eur Hi Yd23.2%
Deutsche Inv I EurHiYdCorp8.5%
Nordea 1 Europ HgYdBd II8.3%
JI High Yield Corporate Bonds CL7.2%
...more in FO Fixed Int - EUR High Yield

Performance snapshot

Holdings snapshot

  • USA17.4%
    Germany13.6%
    UK12.6%
    Italy12%
    Others11.1%
  • Others35.2%
    Financials15%
    Cash & Cash Equivalents10.6%
    Automotive8.9%
    Wireless & Mobile Communications6.7%
  • US Fixed Interest17.4%
    German Fixed Interest13.6%
    UK Fixed Interest12.6%
    Italian Fixed Interest12%
    Global Fixed Interest11.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.5%-1.3%2%3.7%9.6%44.2%
Sector-0.4%-0.7%2.8%5.1%11.4%47.4%
Rank within sector24 / 2825 / 2921 / 2923 / 2919 / 2515 / 20
Quartile4th4th3rd4th4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund4.9%0.5%3.3%7.5%22.4%
Sector6.3%0.8%3.2%8.3%22.4%
Rank within sector22 / 2918 / 2918 / 2516 / 2411 / 21
Quartile4th3rd3rd3rd3rd
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.
-0.48
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.
0.98
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
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%.
4.17
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.
0.73
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.
-0.77
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.
0.97
Price movement
52 week high6.46
52 week low5.99
Current bid price-
Current offer price-
Current mid price6.24
Region
1USA17.43%
2Germany13.63%
3UK12.6%
4Italy11.95%
5Others11.07%
6Money Market10.84%
7France8.39%
8Spain5.85%
9Netherlands4.16%
Industry sector
1Others35.21%
2Financials14.98%
3Cash & Cash Equivalents10.55%
4Automotive8.89%
5Wireless & Mobile Communications6.65%
6Health Care5.63%
7Industrials5.49%
8Media4.4%
9Communications4.13%
Asset type
1US Fixed Interest17.43%
2German Fixed Interest13.63%
3UK Fixed Interest12.6%
4Italian Fixed Interest11.95%
5Global Fixed Interest11.07%
6Money Market10.84%
7French Fixed Interest8.39%
8Spanish Fixed Interest5.85%
9Dutch Fixed Interest4.16%
Individual holdings
1ISHARES PHYSICAL GOLD ETC3.35%
2U.S. TREASURY NOTE, INDEX LINKED, 2.125%, 1/15/192.18%
3TELEFONICA EUROPE BV1.87%
4CNH INDUSTRIAL FINANCE EUROPE1.71%
5UNICREDIT SPA1.65%
6SFR GROUP SA1.58%
7ENEL SPA1.53%
8JAGUAR LAND ROVER AUTOMOTIVE P1.47%
9ALTICE LUXEMBOURG SA1.37%
Management
Fund manager group
Franklin Templeton
Fund manager company
Franklin Temp Intnl Serv SARL
Fund type
Offshore Fund
Fund objective
The Funds principal investment objective is to earn a high level of current income. As a secondary objective, the Fund seeks capital appreciation, but only when consistent with its principal objective.
Benchmark
  • BofA ML European High Yield Constrained
Investment style
High Yield
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Patricia O'Connor30/09/2001Patricia O'Connor is a vice president and portfolio manager for the Franklin Templeton Fixed Income Group. She co-manages the Franklin High Income Securities Fund, Franklin European High Yield Fund and certain institutional high yield accounts. Prior to joining Franklin Templeton in 1997, Ms. O'Connor worked for Morgan Stanley Asset Management. She entered the financial services industry in 1997. Ms. O'Connor holds a B.A. in accounting from Lehigh University and an M.B.A. in finance and economics from the University of Chicago. She is a Chartered Financial Analyst (CFA) charterholder, as well as a member of the CFA Society of San Francisco and CFA Institute.
Piero Del Monte30/06/2006Piero Del Monte is a portfolio manager and research analyst within the Franklin Templeton High Yield Euro Fund.Prior to joining the firm in 2007, he worked for Generali Asset Management where he managed the Generali European High Yield SICAV fund since 2003. Mr. Del Monte also worked for Cazenove as a research and sales analyst for Italian small-mid caps.Mr. Del Monte is a member of the Italian financial analyst association (AIAF), holds a B.S. in economics from Universita' Bocconi, Milano and an M.S.c in finance from Birkbeck College, University of London, London.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, 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, Mauritius, Netherlands, Norway, Offshore, Poland, Portugal, Singapore, Slovakia, Sweden, Taiwan - Province Of China
Franklin Euro High Yield A Acc EUR
Initial charge5%
Annual charge0.8%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.52%
Total expense ratio (TER)1.54%
Bid price-
Offer price-
Mid price18.03
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFK91
Franklin Euro High Yield A H1 MDis USD
Initial charge5%
Annual charge0.8%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.5%
Total expense ratio (TER)1.49%
Bid price-
Offer price-
Mid price9.8
CurrencyUSD
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFQOZ
Franklin Euro High Yield A MDis EUR
Initial charge5%
Annual charge0.8%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.53%
Total expense ratio (TER)1.53%
Bid price-
Offer price-
Mid price6.15
CurrencyEUR
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeATQ0
Franklin Euro High Yield A MDis USD
Initial charge5%
Annual charge0.8%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.53%
Total expense ratio (TER)1.54%
Bid price-
Offer price-
Mid price8.34
CurrencyUSD
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeIPP4
Franklin Euro High Yield A YDis EUR
Initial charge5%
Annual charge0.8%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.52%
Total expense ratio (TER)1.53%
Bid price-
Offer price-
Mid price6.24
CurrencyEUR
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeUJ97
Franklin Euro High Yield B MDis EUR
Initial charge-
Annual charge0.8%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.93%
Total expense ratio (TER)2.94%
Bid price-
Offer price-
Mid price11.21
CurrencyEUR
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFXE0
Franklin Euro High Yield B MDis USD
Initial charge-
Annual charge0.8%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.93%
Total expense ratio (TER)2.94%
Bid price-
Offer price-
Mid price8.57
CurrencyUSD
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeIYR9
Franklin Euro High Yield I Acc EUR
Initial charge-
Annual charge0.6%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)0.88%
Bid price-
Offer price-
Mid price19.67
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF151
Franklin Euro High Yield I YDis EUR
Initial charge-
Annual charge0.6%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)0.88%
Bid price-
Offer price-
Mid price9.53
CurrencyEUR
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeON29
Franklin Euro High Yield N Acc EUR
Initial charge3%
Annual charge0.8%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.12%
Total expense ratio (TER)2.13%
Bid price-
Offer price-
Mid price16.35
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFN49
Franklin Euro High Yield W Acc EUR
Initial charge-
Annual charge0.7%
Min single investment£3,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)0.98%
Bid price-
Offer price-
Mid price11.27
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFDQO
Data provided by

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