Fact sheet: Franklin MtiSecCrInc

Fund information
Fund name
Franklin Multi-Sector Credit Income I Acc USD
Fund manager company
Franklin Temp Intnl Serv SARL
Fund type
Offshore Fund
Fund managers
  • David Yuensince 01/10/2015
  • Mark Boyadjiansince 01/10/2015
  • Alex G. Yusince 01/10/2015
  • Patricia O'Connorsince 01/02/2016
  • Glenn Voylessince 01/10/2015
Fund objective
The Funds primary investment objective is to earn a high level of current income. As a secondary investment objective, the Fund seeks capital appreciation over the long term.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
10.8%
1 Year rank in sector
18/295
Sector
FO Fixed Int - Global
Yield
-
Fund size
£24m
Top in this sector
Fund name1 Year
Capital Group GHIOL35.6%
Dodge & Cox Global Bond27.3%
HSBC GIF Gbl AsBk Bd24.3%
SKAGEN Tellus23.4%
Russell Gbl Bd23.4%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • International86.2%
    Money Market13.8%
  • High Yield Bond36.6%
    Floating Rate Notes35.1%
    Investment Grade Corporate Bonds14.5%
    Cash & Cash Equivalents13.8%
    Asset/Mortgage-Backed Securities5.9%
  • Global Fixed Interest86.2%
    Cash & Cash Equivalents13.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.7%1.1%4.9%10.8%--
Sector-1.6%-2.1%0.7%3.5%6.2%13.7%
Rank within sector12 / 31530 / 31226 / 30618 / 295--
Quartile1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund11.7%----
Sector4.2%-1.6%3.7%-1.6%8.2%
Rank within sector18 / 298----
Quartile1st
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 high10.84
52 week low9.26
Current bid price-
Current offer price-
Current mid price10.85
Region
1International86.2%
2Money Market13.8%
Industry sector
1High Yield Bond36.64%
2Floating Rate Notes35.05%
3Investment Grade Corporate Bonds14.47%
4Cash & Cash Equivalents13.8%
5Asset/Mortgage-Backed Securities5.92%
6Government Agency Bonds1.25%
7Others-0.26%
8Government Bonds-6.87%
Asset type
1Global Fixed Interest86.2%
2Cash & Cash Equivalents13.8%
Individual holdings
No data available.
Management
Fund manager group
Franklin Templeton
Fund manager company
Franklin Temp Intnl Serv SARL
Fund type
Offshore Fund
Fund objective
The Funds primary investment objective is to earn a high level of current income. As a secondary investment objective, the Fund seeks capital appreciation over the long term.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
David Yuen01/10/2015David Yuen, senior vice president, serves as a director of quantitative strategy and risk management in the Franklin Templeton Fixed Income department. Mr. Yuen develops portfolio strategies and investment processes with emphasis on sector allocation, portfolio construction and relative value security selection procedures. In addition, he implements and manages the risk management system and the performance attribution procedures. Prior to joining Franklin Templeton, Mr. Yuen was senior investment officer for Susquehanna Partners and a manager of fixed income trading at Alex Brown, Inc. Mr. Yuen holds a B.S., with honors, in chemistry from the California Institute of Technology and an M.B.A., with honors, in finance from the University of California, Los Angeles Graduate School of Management. Mr. Yuen is a Chartered Financial Analyst (CFA) charterholder and is a qualified Financial Risk Manager (FRM), as certified by the Global Association of Risk Professionals. He has authored various financial and portfolio management publications and speaks at diverse financial and capital market seminars and conferences.
Mark Boyadjian01/10/2015Mark Boyadjian is a senior vice president of Franklin Templeton Investments, head of Franklin Advisers' Floating Rate Debt Group. Mr.Boyadjian was most recently responsible for Franklin Templeton Investments' International Local Asset Management Groups in India and Korea, as well as the Global Investment Risk Management and the Global Investment Performance departments. Since joining Franklin Templeton Investments in 1998, Mr. Boyadjian has held a variety of positions. Between 1999 and 2002 he was chief administrative officer for the Portfolio Management Group where he was responsible for managing the financial, legal, regulatory, and technological requirements for the enterprises' investment management groups. Concurrently, Mr. Boyadjian was the director of Global Portfolio Services with responsibility for introducing and managing enterprise-wide investment risk and portfolio analytics solutions. During the nine year period prior to joining Franklin Templeton Investments, Mr. Boyadjian was a principal and fixed income portfolio manager at Scudder, Stevens & Clark, Inc. Mr. Boyadjian holds a B.A. from the University of California at Berkeley. He is a Chartered Financial Analyst (CFA) Charterholder.
Alex G. Yu01/10/2015Alex Yu is a vice president, portfolio manager for Franklin Advisers in its Floating Rate Debt Group, and is a member of the group's Investment Committee.Prior to joining the firm in 2005, Mr. Yu worked as a financial analyst at Wall Street Analytics and JPMorgan Chase Bank, where he specialized in CDO modeling and derivative pricing. Before that, Mr. Yu worked as a finance and accounting lecturer at Fudan University and a CFO assistant at NHP in China. Mr. Yu earned a Ph.D. in industrial economics from Fudan University and an M.B.A. from Rice University. He also holds an M.S. in accounting from Hong Kong University of Science and Technology, and an M.S. and a B.S. in computer science from Fudan University. Mr. Yu is a Chartered Financial Analyst (CFA) Charterholder and a Certified Financial Risk Manager (FRM), as well as a member of the security Analysts of San Francisco (SASF), the CFA Institute, and the Global Association of Risk Professionals (GARP).
Patricia O'Connor01/02/2016Patricia 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.
Glenn Voyles01/10/2015Glenn Voyles is a vice president, high-yield analyst, and portfolio manager for Franklin Advisers, Inc. He co-manages the Franklin Templeton Institutional High Yield Strategy, Franklin Templeton Limited Duration Income Trust and Franklin Universal Trust, a closed-end fund. Mr. Voyles specializes in research analysis of the energy industries. Mr. Voyles joined Franklin Templeton in 1993. He holds a B.A. in economics from Stanford University. He is a Chartered Financial Analyst (CFA) Charterholder, a member of Security Analysts of San Francisco (SASF), and the CFA Institute.
Compliance
Transparent for Austrian Tax
Domicile
No data available.
Fund for sale in
Austria, Belgium, Germany, Denmark, Spain, Finland, France, United Kingdom, Italy, Luxembourg, Netherlands, Norway, Offshore, Sweden
Franklin Multi-Sector Credit Income I Acc USD
Initial charge-
Annual charge0.6%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.79%
Bid price-
Offer price-
Mid price10.85
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE0CX
Franklin Multi-Sector Credit Income I H1 Acc AUD
Initial charge-
Annual charge0.6%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.79%
Bid price-
Offer price-
Mid price10.95
CurrencyAUD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE0DB
Franklin Multi-Sector Credit Income I H1 Acc CHF
Initial charge-
Annual charge0.6%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.79%
Bid price-
Offer price-
Mid price10.65
CurrencyCHF
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE0DE
Franklin Multi-Sector Credit Income I H1 Acc EUR
Initial charge-
Annual charge0.6%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.79%
Bid price-
Offer price-
Mid price10.74
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE0DC
Franklin Multi-Sector Credit Income I H1 Acc GBP
Initial charge-
Annual charge0.6%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price10.88
CurrencyGBP
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE0DD
Franklin Multi-Sector Credit Income I H1 QDis EUR
Initial charge-
Annual charge0.6%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.79%
Bid price-
Offer price-
Mid price10.16
CurrencyEUR
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE0DA
Franklin Multi-Sector Credit Income I H1 YDis EUR
Initial charge-
Annual charge0.6%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.79%
Bid price-
Offer price-
Mid price10.16
CurrencyEUR
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE0CZ
Franklin Multi-Sector Credit Income I H1 YDis GBP
Initial charge-
Annual charge0.6%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price10.24
CurrencyGBP
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE0CY
Franklin Multi-Sector Credit Income 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)-
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price10.84
CurrencyEUR
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE0CV
Franklin Multi-Sector Credit Income I YDis USD
Initial charge-
Annual charge0.6%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price10.27
CurrencyUSD
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE0CW
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.