Fact sheet: Franklin Mut Gbl Discvry

Fund information
Fund name
Franklin Mutual Global Discovery A Acc USD
Fund manager company
Franklin Temp Intnl Serv SARL
Fund type
Offshore Fund
Fund managers
  • Tim Rankinsince 31/12/2010
  • Philippe Brugere-Trelatsince 07/12/2009
  • Peter Langermansince 07/12/2009
Fund objective
The Fund pursues its objective principally through investments in common stock, preferred stock and debt securities convertible or expected to be convertible into common or preferred stock of companies of any nation as well as in sovereign debts and participations in foreign government debts that the Investment Manager believes are available at market prices less than their value based on certain recognized or objective criteria (intrinsic value). The Fund primarily invests in mid- and large-cap companies with a market capitalization around or greater than 1.5 billion US dollars.
Benchmark
  • MSCI World
Investment style
Value
Investment method
Shares
Quick stats
1 Year return
4.4%
1 Year rank in sector
187/471
Sector
FO Equity - International
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
£930m (£1,181m 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.
100
Top in this sector
Fund name1 Year
Heptagon Kprnk GblAlCpEq42.9%
Schroder ISF Gbl Rec36.2%
Dodge & Cox Gbl Stk32.4%
Vanguard Gbl Small-Cap Idx29.8%
Dimensional Gbl Small Cos29.7%
...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • USA53%
    UK12.9%
    Others9.2%
    Money Market4.7%
    Netherlands4.6%
  • Financials26.7%
    Information Technology13.7%
    Consumer Discretionary12.5%
    Health Care11.5%
    Consumer Staples8.4%
  • US Equities53%
    UK Equities12.9%
    International Equities9.2%
    Money Market4.7%
    Dutch Equities4.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4.9%2.1%5.2%4.4%-40.5%
Sector2.6%-0.5%4.3%4.4%15%52.2%
Rank within sector132 / 500117 / 496193 / 486187 / 471345 / 384229 / 287
Quartile2nd1st2nd2nd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund7.4%-6.2%-3.4%26.9%14.7%
Sector5.2%0.7%6%21.3%12.7%
Rank within sector142 / 475389 / 427365 / 38792 / 338105 / 289
Quartile2nd4th4th2nd2nd
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.
-5.55
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.
1.17
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.
-0.01
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%.
11.93
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.
4.64
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.
-1.07
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.
0.86
Price movement
52 week high17.5
52 week low14.12
Current bid price-
Current offer price-
Current mid price17.69
Region
1USA52.95%
2UK12.85%
3Others9.17%
4Money Market4.74%
5Netherlands4.62%
6France4.07%
7Germany3.52%
8Switzerland3.42%
9China2.43%
Industry sector
1Financials26.65%
2Information Technology13.73%
3Consumer Discretionary12.46%
4Health Care11.47%
5Consumer Staples8.39%
6Energy6.8%
7Others5.99%
8Industrials5.84%
9Cash & Cash Equivalents4.74%
Asset type
1US Equities52.95%
2UK Equities12.85%
3International Equities9.17%
4Money Market4.74%
5Dutch Equities4.62%
6French Equities4.07%
7German Equities3.52%
8Swiss Equities3.42%
9Chinese Equities2.43%
Individual holdings
1MICROSOFT CORP2.87%
2MERCK & CO INC(NEW)2.28%
3ROYAL DUTCH SHELL2.09%
4MEDTRONIC INC1.9%
5LILLY (ELI) & CO1.85%
6SYMANTEC CORP1.8%
7AMERICAN INTERNATIONAL GROUP INC1.72%
8KONINKLIJKE PHILIPS NV1.72%
9JPMORGAN CHASE & CO1.67%
Management
Fund manager group
Franklin Templeton
Fund manager company
Franklin Temp Intnl Serv SARL
Fund type
Offshore Fund
Fund objective
The Fund pursues its objective principally through investments in common stock, preferred stock and debt securities convertible or expected to be convertible into common or preferred stock of companies of any nation as well as in sovereign debts and participations in foreign government debts that the Investment Manager believes are available at market prices less than their value based on certain recognized or objective criteria (intrinsic value). The Fund primarily invests in mid- and large-cap companies with a market capitalization around or greater than 1.5 billion US dollars.
Benchmark
  • MSCI World
Investment style
Value
Investment method
Shares
Fund managers
NameSinceBiography
Tim Rankin31/12/2010Timothy Rankin is assistant portfolio manager for Mutual Series. In this role, he is responsible for the analysis of the global energy industry. Mr. Rankin earned his B.A. in urban studies and economics from Columbia University. He is a Chartered Financial Analyst (CFA) Charterholder. Timothy Rankin has rejoined the firm's Mutual Series investment group Mr. Rankin had previously worked at Mutual Series from 1997 through 2004. Mr. Rankin has 17 years of experience in the investment management industry, including seven years with Mutual Series as a research analyst and assistant portfolio manager. Most recently, he was managing director of Blue Harbour Group, LLC, a private investment firm focused on small- and mid-cap North American companies. Prior to his original employment with Mutual Series, Mr. Rankin was an equity analyst at Glickenhaus & Co.
Philippe Brugere-Trelat07/12/2009Philippe Brugere-Trelat is an executive vice president of Franklin Mutual Series. He is a co-portfolio manager of Franklin Mutual European Fund, Franklin Mutual International Fund and the Franklin Mutual Global Discovery products, which include: Franklin Mutual Global Discovery Fund, FTVIP Franklin Mutual Global Discovery Securities Fund, the Luxembourg-registered FTIF Franklin Mutual Global Discovery Fund and the Canadian Franklin Mutual Global Discovery Fund. He also manages the Luxembourg-registered FTIF Franklin Mutual European Fund and Euroland Fund. Mr. Brugere-Trelat brings over 20 years of experience in the European equity markets. He is intimately familiar with Franklin Mutual Series' approach to investing, having begun his career with the team in 1984 under Max Heine and Michael Price. He spent over 10 years (1984-1994) following European investments for the funds. Prior to rejoining Franklin Mutual Series in 2004, Mr. Brugere-Trelat was president and portfolio manager of Eurovest, a French registered fund exclusively invested in European equity markets (1996-2004). Before that, he was a principal of Omega Advisors Inc., a large New York-based hedge fund, where he was responsible for European equity markets (1994-1996). Mr. Brugere-Trelat holds a master's degree in law and political science from the University of Paris, France.
Peter Langerman07/12/2009Peter 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).
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V 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, Hong Kong, Hungary, Ireland, Italy, Jersey, Republic Of Korea, Lithuania, Luxembourg, Latvia, Macau, Mauritius, Netherlands, Norway, Offshore, Peru, Poland, Portugal, Singapore, Slovakia, Sweden, Taiwan - Province Of China
Franklin Mutual Global Discovery 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)1.84%
Bid price-
Offer price-
Mid price19.96
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeON43
Franklin Mutual Global Discovery 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)1.84%
Bid price-
Offer price-
Mid price17.69
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeON46
Franklin Mutual Global Discovery A H2 Acc EUR
Initial charge5.75%
Annual charge1%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.84%
Total expense ratio (TER)1.83%
Bid price-
Offer price-
Mid price13.11
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBDS4
Franklin Mutual Global Discovery A YDis EUR
Initial charge5.75%
Annual charge1%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.82%
Total expense ratio (TER)1.84%
Bid price-
Offer price-
Mid price27.26
CurrencyEUR
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeY761
Franklin Mutual Global Discovery A YDis GBP
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)1.84%
Bid price-
Offer price-
Mid price23.25
CurrencyGBP
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeON51
Franklin Mutual Global Discovery 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)3.13%
Bid price-
Offer price-
Mid price15.32
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeON47
Franklin Mutual Global Discovery 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 price16.57
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeON48
Franklin Mutual Global Discovery 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)0.96%
Total expense ratio (TER)0.97%
Bid price-
Offer price-
Mid price22.02
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeON44
Franklin Mutual Global Discovery 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)0.97%
Total expense ratio (TER)0.97%
Bid price-
Offer price-
Mid price19.51
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeON49
Franklin Mutual Global Discovery I H2 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 price18.61
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDPR1
Franklin Mutual Global Discovery N Acc EUR
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)2.59%
Bid price-
Offer price-
Mid price18.33
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeON45
Franklin Mutual Global Discovery 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)2.59%
Bid price-
Offer price-
Mid price16.27
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeON50
Franklin Mutual Global Discovery N H2 Acc EUR
Initial charge3%
Annual charge1%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.59%
Total expense ratio (TER)2.6%
Bid price-
Offer price-
Mid price12.48
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeY759
Franklin Mutual Global Discovery W Acc EUR
Initial charge-
Annual charge0.75%
Min single investment£3,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price13.25
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFDQI
Franklin Mutual Global Discovery 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)1.34%
Bid price-
Offer price-
Mid price15.31
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIFZ4
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