Fact sheet: Franklin K2 Alt Strat

Fund information
Fund name
Franklin K2 Alternative Strategies A Acc USD
Fund manager company
Franklin Temp Intnl Serv SARL
Fund type
Offshore Fund
Fund managers
  • David C. Saunderssince 14/09/2014
  • Robert Christiansince 14/09/2014
  • Brooks Ritcheysince 14/09/2014
Fund objective
The Fund’s investment objective is to seek capital appreciation with lower volatility relative to the broad equity markets.
Benchmark
  • BofA Merrill Lynch US 3-Month Treasury Bill Index
Investment style
Multi Strategy
Investment method
Mixed
Quick stats
1 Year return
1.5%
1 Year rank in sector
31/124
Sector
FO Hedge/Stru Prod - Mixed
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.
2.74%
Fund size
£1,078m (£947m 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.
25
Top in this sector
Fund name1 Year
LFIS VisionPremiaOpps19.4%
Garraway Garr FT17.2%
Castellain Value16.6%
Avia Altus14.6%
Nordea 1 Alpha 1511.9%
...more in FO Hedge/Stru Prod - Mixed

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.1%-0.2%2%1.5%--
Sector-0.1%-1.4%-0.5%-1.7%3.4%6.6%
Rank within sector35 / 11862 / 14127 / 13831 / 124--
Quartile2nd2nd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund2%-0.5%---
Sector-1.5%-0.6%5.1%1.4%1.9%
Rank within sector31 / 12554 / 108---
Quartile1st2nd
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 high10.54
52 week low9.8
Current bid price-
Current offer price-
Current mid price10.49
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
1LINKEDIN CORP0.76%
2ALLERGAN PLC0.68%
3INGRAM MICRO INC0.52%
4FMC TECHNOLOGIES INC0.5%
5TECK RESOURCES LTD0.48%
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 seek capital appreciation with lower volatility relative to the broad equity markets.
Benchmark
  • BofA Merrill Lynch US 3-Month Treasury Bill Index
Investment style
Multi Strategy
Investment method
Mixed
Fund managers
NameSinceBiography
David C. Saunders14/09/2014David C. Saunders, Founding Managing Director, graduated from the University of Maryland, College Park, in 1981 with a B.S. degree in Business. He has been involved in the investment and trading of financial instruments since 1983. He has worked at Tucker Anthony & R.L. Day as an equity trader; First Boston Corp. as Vice President on the equity block trading desk; WaterStreet Capital, a hedge fund, as Head Trader; Tiger Management, as Head Trader; WorldSec Securities as President and ABN Amro Inc. as a Senior Managing Director. He co-founded K2 Advisors in 1994. Mr. Saunders serves on the Board of Directors of the Tiger Foundation; the University System of Maryland Foundation, Inc.; the U.S. Ski and Snowboard Team Foundation and The Windham Chapter of the Catskill Mountain Foundation.
Robert Christian14/09/2014Robert Christian is a senior managing director and head of research, joined K2 Advisors in May 2010. Mr. Christian worked as a global strategist and proprietary trader at Chase Manhattan Futures Corporation from 1990 to 1995. In 1995, he founded Modoc Capital focusing on short-term futures trading; in 1997 Modoc entered into a joint venture with Stonebrook Capital Management LLC as a portfolio manager and researcher. Mr. Christian worked at Graham Capital Management LP from 1998 to 2003 as a portfolio manager and researcher of quantitative-based trading strategies. At Julius Baer Investment Management from 2003 to 2005, he was the head of Macro Strategies. From September 2005 to March 2010 he worked at FRM Americas LLC where he was the Global Head of Directional Trading Strategies and portfolio advisor to numerous funds, including the awardwinning FRM Sigma. Mr. Christian graduated from Stanford University in 1985 with a B.A.S. in biology and economics and received a M.B.A. in finance from Leonard N. Stern School of Business New York University in 1990.
Brooks Ritchey14/09/2014Brooks Ritchey is a senior managing director and head of portfolio construction for K2 Advisors. He is also a senior vice president and director of investment solutions for the Franklin Templeton Solutions division. In this capacity he co-chairs the FT Solutions Global Investment Committee (GIC) and heads up the Portfolio Review & Investment Solution Management (PRISM) group. In these roles, he works with various teams to analyze market and macroeconomic conditions, determine tactical asset allocation tilts, and manage absolute return and risk overlay portfolios. Mr. Ritchey began his investment career as a proprietary trader for the NYSE Specialist Firm of Conklin, Cahill &Co. Since 1987, Mr. Ritchey has successfully managed multi-asset mutual fund and hedge fund portfolios while located in New York and Paris, France during his employment with organizations including Steinhardt Partners, Citibank, Finch Asset Management, Paribas, AIG, and ING. Mr. Ritchey joined K2 Advisors in 2005. Mr. Ritchey graduated from Franklin & Marshall College in 1982.
Compliance
Transparent for Austrian Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Cyprus, Czech Republic, Germany, Denmark, Spain, Estonia, Finland, France, United Kingdom, Gibraltar, Greece, Guernsey, Hungary, Ireland, Italy, Jersey, Republic Of Korea, Lithuania, Luxembourg, Latvia, Netherlands, Norway, Offshore, Poland, Portugal, Singapore, Slovakia, Sweden
Franklin K2 Alternative Strategies A Acc USD
Initial charge5.75%
Annual charge2.05%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.74%
Total expense ratio (TER)2.72%
Bid price-
Offer price-
Mid price10.49
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFN2F
Franklin K2 Alternative Strategies A H1 Acc CHF
Initial charge5.75%
Annual charge2.05%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.75%
Total expense ratio (TER)2.73%
Bid price-
Offer price-
Mid price9.68
CurrencyCHF
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFUGR
Franklin K2 Alternative Strategies A H1 Acc CZK
Initial charge5.75%
Annual charge2.05%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.75%
Total expense ratio (TER)2.73%
Bid price-
Offer price-
Mid price97.36
CurrencyCZK
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFTKQ
Franklin K2 Alternative Strategies A H1 Acc EUR
Initial charge5.75%
Annual charge2.05%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.74%
Total expense ratio (TER)2.73%
Bid price-
Offer price-
Mid price10.37
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFN2I
Franklin K2 Alternative Strategies A H1 Acc NOK
Initial charge5.75%
Annual charge2.05%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.75%
Total expense ratio (TER)2.73%
Bid price-
Offer price-
Mid price10.19
CurrencyNOK
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFQPK
Franklin K2 Alternative Strategies A H1 Acc SEK
Initial charge5.75%
Annual charge2.05%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.74%
Total expense ratio (TER)2.73%
Bid price-
Offer price-
Mid price9.96
CurrencySEK
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFQOY
Franklin K2 Alternative Strategies A H1 Acc SGD
Initial charge5.75%
Annual charge2.05%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.75%
Total expense ratio (TER)2.73%
Bid price-
Offer price-
Mid price10.65
CurrencySGD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFN1V
Franklin K2 Alternative Strategies A H1 YDis EUR
Initial charge5.75%
Annual charge2.05%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.75%
Total expense ratio (TER)2.73%
Bid price-
Offer price-
Mid price9.72
CurrencyEUR
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFTRF
Franklin K2 Alternative Strategies A YDis EUR
Initial charge5.75%
Annual charge2.05%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.74%
Total expense ratio (TER)2.72%
Bid price-
Offer price-
Mid price12.6
CurrencyEUR
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFN2B
Franklin K2 Alternative Strategies A YDis USD
Initial charge5.75%
Annual charge2.05%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.74%
Total expense ratio (TER)2.73%
Bid price-
Offer price-
Mid price10.48
CurrencyUSD
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFN1Y
Franklin K2 Alternative Strategies I Acc JPY
Initial charge-
Annual charge1.75%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)1.9%
Bid price-
Offer price-
Mid price1133.13
CurrencyJPY
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFN1X
Franklin K2 Alternative Strategies I Acc USD
Initial charge-
Annual charge1.75%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)1.9%
Bid price-
Offer price-
Mid price10.68
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFN2E
Franklin K2 Alternative Strategies I H1 Acc CHF
Initial charge-
Annual charge1.75%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)1.9%
Bid price-
Offer price-
Mid price9.81
CurrencyCHF
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFUGQ
Franklin K2 Alternative Strategies I H1 Acc EUR
Initial charge-
Annual charge1.75%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)1.89%
Bid price-
Offer price-
Mid price10.57
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFN2H
Franklin K2 Alternative Strategies I H1 Acc GBP
Initial charge-
Annual charge1.75%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)1.9%
Bid price-
Offer price-
Mid price10.76
CurrencyGBP
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFN2M
Franklin K2 Alternative Strategies I H1 Acc JPY
Initial charge-
Annual charge1.75%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)1.9%
Bid price-
Offer price-
Mid price1051.39
CurrencyJPY
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFN2A
Franklin K2 Alternative Strategies N Acc USD
Initial charge3%
Annual charge2.05%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)3.49%
Total expense ratio (TER)3.47%
Bid price-
Offer price-
Mid price10.31
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFN2D
Franklin K2 Alternative Strategies N H1 Acc EUR
Initial charge3%
Annual charge2.05%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)3.49%
Total expense ratio (TER)3.48%
Bid price-
Offer price-
Mid price10.21
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFN2G
Franklin K2 Alternative Strategies N H1 Acc HUF
Initial charge3%
Annual charge2.05%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)3.5%
Total expense ratio (TER)3.43%
Bid price-
Offer price-
Mid price99.59
CurrencyHUF
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFTKR
Franklin K2 Alternative Strategies N H1 Acc PLN
Initial charge3%
Annual charge2.05%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)3.5%
Total expense ratio (TER)3.48%
Bid price-
Offer price-
Mid price9.98
CurrencyPLN
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFTKS
Franklin K2 Alternative Strategies N H1 YDis EUR
Initial charge3%
Annual charge2.05%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)3.5%
Total expense ratio (TER)3.48%
Bid price-
Offer price-
Mid price9.92
CurrencyEUR
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE1XR
Franklin K2 Alternative Strategies W Acc EUR
Initial charge-
Annual charge1.85%
Min single investment£3,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.05%
Total expense ratio (TER)2.03%
Bid price-
Offer price-
Mid price12.8
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFN1W
Franklin K2 Alternative Strategies W Acc USD
Initial charge-
Annual charge1.85%
Min single investment£3,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.05%
Total expense ratio (TER)2.03%
Bid price-
Offer price-
Mid price10.21
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE1XQ
Franklin K2 Alternative Strategies W H1 Acc GBP
Initial charge-
Annual charge1.85%
Min single investment£3,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.05%
Total expense ratio (TER)2.03%
Bid price-
Offer price-
Mid price10.72
CurrencyGBP
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFN2J
Franklin K2 Alternative Strategies X Acc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE6AH
Franklin K2 Alternative Strategies Y MDis USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.6
CurrencyUSD
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE5KO
Franklin K2 Alternative Strategies Z Acc USD
Initial charge-
Annual charge2.05%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.25%
Total expense ratio (TER)2.23%
Bid price-
Offer price-
Mid price10.6
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFN1Z
Franklin K2 Alternative Strategies Z H1 Acc GBP
Initial charge-
Annual charge2.05%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.25%
Total expense ratio (TER)2.23%
Bid price-
Offer price-
Mid price10.69
CurrencyGBP
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFN2C
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.