Fact sheet: Franklin Euro Sht Tm MonMkt

Fund information
Fund name
Franklin Euro Short-Term Money Market A Acc EUR
Fund manager company
Franklin Temp Intnl Serv SARL
Fund type
Offshore Fund
Fund managers
  • Rod Macpheesince 01/10/2015
  • David Zahnsince 23/10/2009
Fund objective
The Fund qualifies as a short term money market fund and aims to maintain a high degree of capital preservation and liquidity whilst maximizing returns in the Euro currency by investing in a portfolio of high quality Euro dominated debt related securities, money market securities and cash denominated in Euro.
Benchmark
  • EONIA Cash Index
Investment style
Liquidity
Investment method
None
Quick stats
1 Year return
-0.3%
1 Year rank in sector
43/57
Sector
FO Currency - Euro
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.
0.22%
Fund size
£149m (£70m 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.
61
Top in this sector
Fund name1 Year
Amundi Abs Euro Taux Court2.4%
BNP Paribas Sht Tm Eurpn Secrtn1.1%
DB Platinum IV Dync Csh0.8%
Petercam L Liq EUR&FRN0.8%
Amundi 12 M0.7%
...more in FO Currency - Euro

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0%-0.1%-0.2%-0.3%-0.5%-0.1%
Sector-0.1%-0.2%-0.2%-0.2%-0.1%0.3%
Rank within sector40 / 5943 / 5844 / 5843 / 5742 / 5429 / 43
Quartile3rd3rd4th4th4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund-0.3%-0.2%0%-0.1%0.2%
Sector-0.2%-0.1%0.1%0%0.3%
Rank within sector44 / 5841 / 5436 / 5340 / 5023 / 45
Quartile4th4th3rd4th3rd
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.
-0.15
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.
0.22
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.
-
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%.
0.06
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.
0.11
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.
-1.56
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.
0.17
Price movement
52 week high1010.89
52 week low1007.61
Current bid price-
Current offer price-
Current mid price1007.6
Region
1International74.75%
2Money Market25.25%
Industry sector
1Fixed Interest74.75%
2Cash & Cash Equivalents25.25%
Asset type
1Money Market100%
Individual holdings
1FRANCE(GOVT OF) 0% TB 21/09/16 EUR14.69%
2DANSKE BANK A/S FRN 02-JUN-20174.36%
3BANQUE FEDERATIVE DU CREDIT MUTUEL 0% BDS 23/03/17 EUR1000004.35%
4BNP PARIBAS SA FRN 19-JAN-20174.35%
5SOCIETE GENERALE S.A. FRN 16-JAN-20174.35%
6BPCE SA FRN 05-DEC-20164.29%
7CREDIT SUISSE AG, LONDON BRANCH FRN 30-MAR-20174.22%
8ING BANK N.V. FRN 04-NOV-20164.05%
9ABN AMRO BANK NV FRN 14/01/17 EUR1000004.02%
Management
Fund manager group
Franklin Templeton
Fund manager company
Franklin Temp Intnl Serv SARL
Fund type
Offshore Fund
Fund objective
The Fund qualifies as a short term money market fund and aims to maintain a high degree of capital preservation and liquidity whilst maximizing returns in the Euro currency by investing in a portfolio of high quality Euro dominated debt related securities, money market securities and cash denominated in Euro.
Benchmark
  • EONIA Cash Index
Investment style
Liquidity
Investment method
None
Fund managers
NameSinceBiography
Rod Macphee01/10/2015Rod MacPhee is a portfolio manager and research analyst responsible for managing European portfolios. Prior to joining Franklin Templeton in 2013, Mr. MacPhee was a portfolio analyst working on Global Multi Strategy and Global Investment Grade portfolios at Western Asset Management. Mr. MacPhee holds a bachelor's degree in finance from the University of Lethbridge. He is a Chartered Financial Analyst (CFA) Charterholder.
David Zahn23/10/2009David 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).
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV 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, Hungary, Ireland, Italy, Jersey, Lithuania, Luxembourg, Latvia, Netherlands, Norway, Offshore, Poland, Portugal, Singapore, Slovakia, Sweden
Franklin Euro Short-Term Money Market A Acc EUR
Initial charge1.5%
Annual charge0.35%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.22%
Total expense ratio (TER)0.22%
Bid price-
Offer price-
Mid price1007.6
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGWK0
Franklin Euro Short-Term Money Market I Acc EUR
Initial charge-
Annual charge0.2%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.22%
Total expense ratio (TER)0.22%
Bid price-
Offer price-
Mid price1010.26
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGWK1
Data provided by

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