Fact sheet: Franklin Mut Beacon

Fund information
Fund name
Franklin Mutual Beacon A Acc USD
Fund manager company
Franklin Temp Intnl Serv SARL
Fund type
Offshore Fund
Fund managers
  • David Segalsince 07/12/2009
  • Peter Langermansince 30/04/2005
  • Deborah Turnersince 07/12/2009
Fund objective
The Fund aims to achieve long-term capital appreciation by investing principally in US equity and convertible debt securities with no more than 20% of the Fund’s net assets generally invested in securities of non-US issuers. The Fund may also seek to invest in the securities of companies involved in mergers, consolidations, liquidations and reorganisations.
Benchmark
  • S&P 500
Investment style
Value
Investment method
Shares
Quick stats
1 Year return
13.9%
1 Year rank in sector
52/207
Sector
FO Equity - USA
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.
1.83%
Fund size
£650m (£823m 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.
103
Top in this sector
Fund name1 Year
Dodge & Cox US Stk45.2%
Wells Fargo WW US SelEqt40.6%
GAM Star Gamco US Eq40.1%
Oyster US Selection39.7%
Hermes US SMID Equity38.7%
...more in FO Equity - USA

Performance snapshot

Holdings snapshot

  • USA92.6%
    Money Market7.1%
    UK0.3%
  • Financials23.7%
    Information Technology15.5%
    Health Care13.8%
    Consumer Discretionary12%
    Consumer Staples11.7%
  • International Equities88.4%
    Cash & Cash Equivalents7.9%
    Global Fixed Interest3.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund6.5%5.8%10.6%13.9%20.1%73.7%
Sector5.8%3.4%6.7%7.6%21.4%73.7%
Rank within sector79 / 21960 / 21856 / 21352 / 207108 / 17696 / 146
Quartile2nd2nd2nd2nd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund15.4%-5.2%7.4%27.3%13.1%
Sector8.8%-1.6%10.7%31.8%10.2%
Rank within sector48 / 209155 / 192136 / 177137 / 16171 / 148
Quartile1st4th4th4th2nd
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.
-0.03
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.
0.89
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.
0.17
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%.
10.75
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.
4.55
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.
-0.15
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.
0.84
Price movement
52 week high77.58
52 week low59.41
Current bid price-
Current offer price-
Current mid price77.83
Region
1USA92.56%
2Money Market7.1%
3UK0.34%
Industry sector
1Financials23.72%
2Information Technology15.48%
3Health Care13.75%
4Consumer Discretionary12.01%
5Consumer Staples11.68%
6Cash & Cash Equivalents7.97%
7Energy7.12%
8Materials3.97%
9Industrials3.79%
Asset type
1International Equities88.37%
2Cash & Cash Equivalents7.91%
3Global Fixed Interest3.72%
Individual holdings
1MICROSOFT CORP4.51%
2MERCK & CO INC(NEW)4.24%
3MEDTRONIC INC4.09%
4PNC Financial Services Group Inc ORD2.92%
5AMERICAN INTERNATIONAL GROUP INC2.77%
6SYMANTEC CORP2.68%
7LILLY (ELI) & CO2.55%
8CISCO SYSTEMS INC2.21%
9JPMORGAN CHASE & CO2.18%
Management
Fund manager group
Franklin Templeton
Fund manager company
Franklin Temp Intnl Serv SARL
Fund type
Offshore Fund
Fund objective
The Fund aims to achieve long-term capital appreciation by investing principally in US equity and convertible debt securities with no more than 20% of the Fund’s net assets generally invested in securities of non-US issuers. The Fund may also seek to invest in the securities of companies involved in mergers, consolidations, liquidations and reorganisations.
Benchmark
  • S&P 500
Investment style
Value
Investment method
Shares
Fund managers
NameSinceBiography
David Segal07/12/2009F. David Segal is a research analyst and portfolio manager for Mutual Series. He is co-portfolio manager of Mutual Shares Fund and is also portfolio manager of the Luxembourg-registered FTIF Franklin Mutual Beacon Fund. He is an analyst specializing in the autos and auto parts, paper and forest products industries and special situations.Prior to joining Mutual Series in 2002, Mr. Segal was an associate director in the structured finance group at MetLife. He began his career trading interest rate options at the Chicago Mercantile Exchange. He has 18 years of experience in the financial services industry.Mr. Segal holds an M.B.A. from New York University's Stern School of Business and a B.A. from the University of Michigan, Ann Arbor.He is a Chartered Financial Analyst (CFA) Charterholder. Mr. Segal is a member of the New York Society of Security Analysts.
Peter Langerman30/04/2005Peter Langerman is chairman, president and CEO of Franklin Mutual Advisers, LLC (referred to as Mutual Series). He is co-portfolio manager of the Canadian Mutual Global Discovery Fund. He is also portfolio manager of the Luxemburg-registered FTIF Franklin Mutual Beacon Fund. Mr. Langerman initially joined Heine Securities Corporation (predecessor of Franklin Mutual Advisers, LLC) in June 1986. He served as CEO of Mutual Series beginning in 1998 and as chairman of the fund boards beginning in 2001, before leaving in 2002 to serve as director of New Jersey's Division of Investment, overseeing employee pension funds. He rejoined Mutual Series in 2005. Prior to 1986, Mr. Langerman was employed by Weil, Gotshal & Manges, one of the country's foremost specialists in large corporate bankruptcies and reorganizations. Mr. Langerman began his professional career in 1977 serving on the audit staff of Arthur Young and Company, where he earned his CPA designation. Mr. Langerman graduated magna cum laude from Yale University, earning his Bachelor of Arts degree in Russian studies. He holds a master's degree in accounting from New York University Graduate School of Business and received his Juris Doctor degree from Stanford University Law School. Mr. Langerman is treasurer and a member of the Board of Trustees of The Hopkins School (New Haven, CT), a member of the executive committee of United Jewish Communities MetroWest New Jersey, and past president of Temple Sinai (Summit, NJ).
Deborah Turner07/12/2009Debbie Turner is an assistant portfolio manager for Mutual Series. She has been in this role for Mutual Shares Fund since 2001 and is also portfolio manager of the Luxemburg-registered FTIF Franklin Mutual Beacon Fund. Ms. Turner specializes in analyzing several consumer industries including retail, gaming, lodging, leisure, restaurants, apparel, food, bottling companies and tobacco in North America and Europe. Ms. Turner has more than 17 years of experience in the investment management industry. Prior to joining Mutual Series in 1993, she was an associate analyst for Fred Alger Management. Ms. Turner earned a B.A. in economics from Vassar College. She is a Chartered Financial Analyst (CFA) Charterholder.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, SRS, 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, Hong Kong, Hungary, Ireland, Italy, Jersey, Republic Of Korea, Lithuania, Luxembourg, Latvia, Macau, Mauritius, Netherlands, Norway, Offshore, Peru, Poland, Portugal, Singapore, Slovakia, Sweden, Turkey, Taiwan - Province Of China, South Africa
Franklin Mutual Beacon A Acc EUR
Initial charge5.75%
Annual charge1%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.83%
Total expense ratio (TER)1.83%
Bid price-
Offer price-
Mid price73.4
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFK92
Franklin Mutual Beacon A Acc SGD
Initial charge5.75%
Annual charge1%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.83%
Total expense ratio (TER)1.83%
Bid price-
Offer price-
Mid price13.23
CurrencySGD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBDS6
Franklin Mutual Beacon A Acc USD
Initial charge5.75%
Annual charge1%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.83%
Total expense ratio (TER)1.83%
Bid price-
Offer price-
Mid price77.83
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFK93
Franklin Mutual Beacon A H1 Acc EUR
Initial charge5.75%
Annual charge1%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.85%
Total expense ratio (TER)1.82%
Bid price-
Offer price-
Mid price52.76
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeASN9
Franklin Mutual Beacon A YDis USD
Initial charge5.75%
Annual charge1%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.83%
Total expense ratio (TER)1.83%
Bid price-
Offer price-
Mid price73.8
CurrencyUSD
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFZ28
Franklin Mutual Beacon B Acc USD
Initial charge-
Annual charge1%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)3.14%
Total expense ratio (TER)3.14%
Bid price-
Offer price-
Mid price34.72
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFK94
Franklin Mutual Beacon C Acc USD
Initial charge-
Annual charge1%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.41%
Total expense ratio (TER)2.41%
Bid price-
Offer price-
Mid price21.91
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF162
Franklin Mutual Beacon I Acc EUR
Initial charge-
Annual charge0.7%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.97%
Total expense ratio (TER)0.97%
Bid price-
Offer price-
Mid price20.48
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeY767
Franklin Mutual Beacon I Acc USD
Initial charge-
Annual charge0.7%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.98%
Total expense ratio (TER)0.97%
Bid price-
Offer price-
Mid price21.74
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF163
Franklin Mutual Beacon I H1 Acc EUR
Initial charge-
Annual charge0.7%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.98%
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price14.75
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeASM1
Franklin Mutual Beacon N Acc EUR
Initial charge3%
Annual charge1%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.57%
Total expense ratio (TER)2.56%
Bid price-
Offer price-
Mid price36.03
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFO90
Franklin Mutual Beacon N Acc USD
Initial charge3%
Annual charge1%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.58%
Total expense ratio (TER)2.58%
Bid price-
Offer price-
Mid price38.28
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFK95
Franklin Mutual Beacon N H1 Acc EUR
Initial charge3%
Annual charge1%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.6%
Total expense ratio (TER)2.58%
Bid price-
Offer price-
Mid price26.16
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeASM0
Franklin Mutual Beacon Z Acc USD
Initial charge-
Annual charge1%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.33%
Total expense ratio (TER)1.32%
Bid price-
Offer price-
Mid price18.99
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIFZ1
Data provided by

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