Fact sheet: Franklin GblCorpHiYd

Fund information
Fund name
Franklin Global Corporate High Yield I Acc GBP
Fund manager company
Franklin Temp Intnl Serv SARL
Fund type
Offshore Fund
Fund managers
  • Patricia O'Connorsince 03/01/2016
  • Betsy Hofmansince 06/09/2013
Fund objective
The Fund’s investment objective is to achieve income yield and long-term capital appreciation.
Benchmark
  • BofA Merrill Lynch Global High Yield Constrained Index
Investment style
High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
28.7%
1 Year rank in sector
1/77
Sector
FO Fixed Int - Global 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.
0.76%
Fund size
£14m (£29m 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.
47
Top in this sector
Fund name1 Year
Franklin GblCorpHiYd28.7%
Pioneer SICV-Gbl Hi Yld26.5%
HSBC GIF Gbl AsBk Hg Yld Bd21.3%
Aberdeen Gbl Select HgYdBd18.3%
BlueBay Em Mkt HY Crp14.1%
...more in FO Fixed Int - Global High Yield

Performance snapshot

Holdings snapshot

  • USA70.5%
    UK6.7%
    Canada4.3%
    Luxembourg4.3%
    Others3%
  • Others28.4%
    Energy14.8%
    Media14.4%
    Financials8.7%
    Health Care8.1%
  • US Fixed Interest70.5%
    UK Fixed Interest6.7%
    Canadian Fixed Interest4.3%
    Luxembourg Fixed Interest4.3%
    Global Fixed Interest3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.8%17.9%21.1%28.7%32.5%-
Sector0%3.8%6.9%6.6%10.6%34.5%
Rank within sector7 / 832 / 821 / 811 / 773 / 59-
Quartile1st1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund29.3%-3.9%5.8%--
Sector9.2%-2.5%1.4%5.2%15.5%
Rank within sector1 / 8043 / 708 / 63--
Quartile1st3rd1st
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high13.25
52 week low9.83
Current bid price-
Current offer price-
Current mid price13.24
Region
1USA70.51%
2UK6.7%
3Canada4.29%
4Luxembourg4.26%
5Others2.97%
6Money Market2.84%
7Germany2.72%
8France2.16%
9Netherlands2.03%
Industry sector
1Others28.38%
2Energy14.82%
3Media14.44%
4Financials8.69%
5Health Care8.06%
6Technology7.51%
7Mineral Extraction5.45%
8Wireless & Mobile Communications5.04%
9Paper - Packaging & Printing4.77%
Asset type
1US Fixed Interest70.51%
2UK Fixed Interest6.7%
3Canadian Fixed Interest4.29%
4Luxembourg Fixed Interest4.26%
5Global Fixed Interest2.97%
6Money Market2.84%
7German Fixed Interest2.72%
8French Fixed Interest2.16%
9Dutch Fixed Interest2.03%
Individual holdings
1NAVIENT CORP2.24%
2HCA INC1.98%
3SPRINT COMMUNICATIONS INC1.85%
4VIRGIN MEDIA SECURED FIN1.82%
5CIT GROUP INC1.58%
6INTERNATIONAL GAME TECHNOLOGY PLC1.57%
7CCOM GROUP INC1.56%
8ARDAGH PACKAGING FINANCE PLC 1.55%
9T-MOBILE USA INC1.55%
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 achieve income yield and long-term capital appreciation.
Benchmark
  • BofA Merrill Lynch Global High Yield Constrained Index
Investment style
High Yield
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Patricia O'Connor03/01/2016Patricia 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.
Betsy Hofman06/09/2013Betsy Hofman-Schwab is a vice president and portfolio manager of Franklin Advisers, Inc. She manages the Franklin Templeton High Yield Fund, one of the Franklin Templeton Investment Fund portfolios(SICAV). Ms. Hofman-Schwab specialises in the research analysis of the gaming, entertainment and leisure industries within the high yield corporate bond group. Ms. Hofman-Schwab began her career in the accounting department at Franklin in 1981. She worked on the equity trading desk for two years and was a securities analyst prior to becoming a portfolio manager. Ms. Hofman-Schwab has a bachelor of science degree in finance and an MBA with an emphasis in finance, both from the College of Notre Dame in Belmont, California. She is a Chartered Financial Analyst (CFA) and is also a registered NASD representative.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Cyprus, Czech Republic, Germany, Denmark, Spain, Finland, France, United Kingdom, Gibraltar, Greece, Guernsey, Hungary, Ireland, Italy, Jersey, Lithuania, Luxembourg, Latvia, Netherlands, Norway, Offshore, Poland, Slovakia, Sweden
Franklin Global Corporate High Yield I Acc EUR
Initial charge-
Annual charge0.6%
Min single investment£20,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.76%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price13.03
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFC8S
Franklin Global Corporate High Yield I Acc GBP
Initial charge-
Annual charge0.6%
Min single investment£20,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.76%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price13.24
CurrencyGBP
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFC8T
Franklin Global Corporate High Yield I Acc USD
Initial charge-
Annual charge0.6%
Min single investment£20,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.76%
Total expense ratio (TER)0.76%
Bid price-
Offer price-
Mid price11.07
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFC8R
Franklin Global Corporate High Yield I H1 Acc EUR
Initial charge-
Annual charge0.6%
Min single investment£20,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.76%
Total expense ratio (TER)0.76%
Bid price-
Offer price-
Mid price10.96
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFC8V
Franklin Global Corporate High Yield I H1 Acc GBP
Initial charge-
Annual charge0.6%
Min single investment£20,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.76%
Total expense ratio (TER)0.76%
Bid price-
Offer price-
Mid price11.15
CurrencyGBP
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFC8X
Franklin Global Corporate High Yield I H1 YDis EUR
Initial charge-
Annual charge0.6%
Min single investment£20,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.76%
Total expense ratio (TER)0.76%
Bid price-
Offer price-
Mid price9.27
CurrencyEUR
Price updated22/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFC8W
Franklin Global Corporate High Yield I YDis EUR
Initial charge-
Annual charge0.6%
Min single investment£20,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.76%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price11.1
CurrencyEUR
Price updated22/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFC8U
Data provided by

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