Fact sheet: Franklin NxStp Modrt

Fund information
Fund name
Franklin NextStep Moderate N Acc USD
Fund manager company
Franklin Temp Intnl Serv SARL
Fund type
Offshore Fund
Fund managers
  • John Levysince 05/02/2016
  • Brooks Ritcheysince 05/02/2016
  • Stephen R. Lingardsince 05/02/2016
  • Thomas A.Nelsonsince 05/02/2016
Fund objective
The Fund's investment objective is to seek the highest level of long-term total return. Total return includes capital growth and income.
Benchmark
No data available.
Investment style
Balanced
Investment method
None
Quick stats
1 Year return
7.1%
1 Year rank in sector
110/136
Sector
FO Mixed Asset - Balanced
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.
2.75%
Fund size
£35m (£2m last year)
Top in this sector
Fund name1 Year
Capital Group EMTOpL30%
Templeton Emg Mkts Bal28.6%
HSBC GIF MS Asia Focsd Gth27.1%
HSBC Pfl World Seltn 325.2%
SEI Balanced22.2%
...more in FO Mixed Asset - Balanced

Performance snapshot

Holdings snapshot

  • USA38%
    Others27.5%
    Europe16.1%
    Global Emerging Markets6%
    Japan5.8%
  • No data available.
  • International Equities57.9%
    Global Fixed Interest34.4%
    Cash & Cash Equivalents4.3%
    Alternative Assets3.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.1%1.8%6.4%7.1%--
Sector1.2%1.9%6.1%10.9%12.8%31.1%
Rank within sector72 / 14777 / 14871 / 144110 / 136--
Quartile2nd3rd2nd4th
Calendar performance
 YTD - 20172016201520142013
Fund4.9%----
Sector4.5%5.2%-0.3%4.7%7.5%
Rank within sector59 / 146----
Quartile2nd
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 high11.46
52 week low10.43
Current bid price-
Current offer price-
Current mid price11.45
Region
1USA37.98%
2Others27.48%
3Europe16.09%
4Global Emerging Markets6.02%
5Japan5.79%
6Money Market4.31%
7Asia Pacific ex Japan2.33%
Industry sector
No data available.
Asset type
1International Equities57.9%
2Global Fixed Interest34.35%
3Cash & Cash Equivalents4.31%
4Alternative Assets3.44%
Individual holdings
1UBS IRL ETF PLC - MSCI USA VALUE UCITS ETF10.06%
2FRANKLIN GLOBAL AGGREGATE BOND FUND8.63%
3FRANKLIN US EQUITY FUND8.53%
4DELAWARE INVESTMENT US LARGE CAP VALUE FUND7.77%
5ISHARES USD TREASURY BOND 1-3YR UCITS ETF6.89%
6TEMPLETON GLOBAL TOTAL RETURN FUND5.23%
7DELAWARE INVESTMENT CORPORATE BOND FUND5.14%
8FRANKLIN MUTUAL EUROPEAN FUND5.07%
9PIONEER FUNDS US FUNDAMENTAL GROWTH A CAP4.72%
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 the highest level of long-term total return. Total return includes capital growth and income.
Benchmark
No data available.
Investment style
Balanced
Investment method
None
Fund managers
NameSinceBiography
John Levy05/02/2016
Brooks Ritchey05/02/2016Brooks 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.
Stephen R. Lingard05/02/2016Stephen Lingard is a senior vice president and portfolio manager for Franklin Templeton Solutions (FTS). He is a member of the FTS Global Investment Committee specializing in equity strategy and has co-portfolio management responsibilities for all Canadian-based multi-asset products including Quotential and LifeSmart Portfolios. He also co-manages institutional separate accounts for several global clients. He has previously served as Director of Research for the FTS Manager and Asset Research team. Mr. Lingard joined Franklin Templeton Investments in 2007 and has 21 years of industry experience. Before joining Franklin Templeton, he held various roles as investment manager, fund analyst, and bond dealer for companies such as Fidelity, Societe Generale (Asia) and Freedom International Bond Brokers. Mr. Lingard has lived and worked in Canada, the U.S., Europe and Asia. Mr. Lingard holds a B.Sc. from the University of Western Ontario and an MBA from the European University at Brussels. He is a Chartered Financial Analyst (CFA) charterholder and a member of the Toronto Society of Financial Analysts.
Thomas A.Nelson05/02/2016Tom Nelson is a senior vice president and director of investment solutions for Franklin Templeton Solutions. In this role he oversees the strategic asset allocation and asset class research team as well as FT Solutions' traditional asset portfolio management team. He also co-chairs the FT Solutions Global Investment Committee (GIC). Mr. Nelson is a portfolio manager of a number of funds offered for sale in various jurisdictions. He is Lead Portfolio Manager of Franklin Multi Asset Real Return Fund, Franklin Templeton LVIP Multi-Asset Opportunities Fund offered for sale in the United States; Co-Manager of Franklin LifeSmart Retirement Target Funds and Franklin Fund Allocator Series available in the United States; and a manager of the Franklin Global Multi Asset Income Fund, available through Franklin Templeton Investment Funds, a Luxembourg-domiciled SICAV. Mr. Nelson joined Franklin Templeton Investments in 2007 and co-founded the firm's quantitative research services group upon joining the company. He moved to Franklin Templeton Solutions in 2009. Prior to working at Franklin Templeton, Mr. Nelson worked for Bloomberg LP from 1991 to 2007, where he was most recently manager of the Americas market specialist teams. Mr. Nelson holds a B.S. in accounting from the University of Delaware. He is a Chartered Financial Analyst (CFA) charterholder and a Chartered Alternative Investment Analyst (CAIA) charterholder. He is a member of the CFA Institute, the New York Society of Security Analysts and the Chartered Alternative Investment Analyst Association.
Compliance
UCITS V Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Spain, United Kingdom, Greece, Hungary, Luxembourg, Offshore, Poland, Singapore
Franklin NextStep Moderate A Acc USD
Initial charge5.75%
Annual charge1.35%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.95%
Total expense ratio (TER)1.58%
Bid price-
Offer price-
Mid price11.58
CurrencyUSD
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE67A
Franklin NextStep Moderate A H1 Acc PLN
Initial charge5.75%
Annual charge1.35%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.95%
Total expense ratio (TER)1.58%
Bid price-
Offer price-
Mid price11.61
CurrencyPLN
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE67E
Franklin NextStep Moderate A MDis USD
Initial charge5.75%
Annual charge1.35%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.95%
Total expense ratio (TER)1.58%
Bid price-
Offer price-
Mid price11.41
CurrencyUSD
Price updated24/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE67B
Franklin NextStep Moderate N Acc USD
Initial charge3%
Annual charge2.15%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.75%
Total expense ratio (TER)2.38%
Bid price-
Offer price-
Mid price11.45
CurrencyUSD
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE67C
Franklin NextStep Moderate W H1 MDis EUR
Initial charge-
Annual charge0.65%
Min single investment£3,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price10.62
CurrencyEUR
Price updated24/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE90C
Franklin NextStep Moderate W H1 MDis GBP
Initial charge-
Annual charge0.65%
Min single investment£3,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price11.49
CurrencyGBP
Price updated24/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE67D
Franklin NextStep Moderate W MDis USD
Initial charge-
Annual charge0.65%
Min single investment£3,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price10.8
CurrencyUSD
Price updated24/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE90B
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.