Fact sheet: Franklin Strategic Bond

Fund information
Fund name
Franklin Strategic Bond W Inc
Fund manager company
Franklin Templeton Funds (UK)
Fund type
OEIC
Fund managers
  • David Zahnsince 31/07/2012
Fund objective
Aims to deliver a regular income with the potential of capital growth over the medium to long term through investment in fixed income securities.
Benchmark
  • BofA Merrill Lynch Sterling Broad Market Index
Investment style
Strategic Investment
Investment method
Fixed Interest
Quick stats
1 Year return
8.4%
1 Year rank in sector
22/77
Sector
UT Sterling Strategic Bond
Yield
2.4%
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.
0.7%
Fund size
£8m (£9m 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.
24
Mid price
106.77
Top in this sector
Fund name1 Year
Natixis LS Stgc Inc19.6%
Legg Mason IFBrwiGlInOp13.5%
Fidelity UK Inv Grd Lg Cr13.1%
AXA Framlington Mgd Inc13.1%
Fidelity I Stg Cr + Bd12.9%
...more in UT Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • UK55.6%
    International8.6%
    USA7.8%
    France7.5%
    Money Market5.8%
  • Government Bonds35.9%
    Others29.6%
    Investment Grade Corporate Bonds23.7%
    Cash & Cash Equivalents7.5%
    High Yield Bond3.2%
  • UK Fixed Interest55.6%
    Global Fixed Interest8.6%
    US Fixed Interest7.8%
    French Fixed Interest7.5%
    Money Market5.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.8%-1%1%8.4%11.9%33.2%
Sector1.3%-0%1.1%7.4%13.1%30.9%
Rank within sector74 / 8361 / 8244 / 8222 / 7748 / 7230 / 61
Quartile4th3rd3rd2nd3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund-0.3%7.8%-1.1%6.1%1.9%
Sector0.2%7.3%-0.3%6.8%2.6%
Rank within sector62 / 8336 / 7761 / 7439 / 7240 / 64
Quartile3rd2nd4th3rd3rd
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.
-0.59
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.
1.11
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%.
4.17
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.
1.8
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.
-0.08
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.
0.82
Price movement
52 week high109.03
52 week low99.67
Current bid price-
Current offer price-
Current mid price106.77
Region
1UK55.59%
2International8.55%
3USA7.76%
4France7.48%
5Money Market5.8%
6Mexico3.79%
7Netherlands3.52%
8Germany3.04%
9Australia2.35%
Industry sector
1Government Bonds35.94%
2Others29.61%
3Investment Grade Corporate Bonds23.74%
4Cash & Cash Equivalents7.5%
5High Yield Bond3.21%
Asset type
1UK Fixed Interest55.59%
2Global Fixed Interest8.55%
3US Fixed Interest7.76%
4French Fixed Interest7.48%
5Money Market5.8%
6Mexican Fixed Interest3.79%
7Dutch Fixed Interest3.52%
8German Fixed Interest3.04%
9Australian Fixed Interest2.35%
Individual holdings
1TREASURY 1.75% GILT 22/07/19 GBP0.019.57%
2TREASURY 2% GILT 07/09/25 GBP0.015.8%
3NOTA DO TESOURO NACIONAL, INDEX LINKED, 6.00%, 5/15/174.38%
4MEXICO(UNITED MEXICAN STATES) 8% BDS 07/12/2023 MXN`M20`4%
5SPAIN(KINGDOM OF) 1.95% BDS 30/07/30 EUR10003.15%
6ITALY(REPUBLIC OF) 5% BDS 1/8/34 EUR10002.95%
7IRELAND(REPUBLIC OF) 2% TREASURY BOND 18/02/45 EUR12.93%
8HSBC BANK PLC. SUB. BOND. 5.00% TO 3/20/18. FRN THEREAFTER. 3/20/232.43%
9HUNGARY 5% BDS 09/05/17 GBP10002.38%
Management
Fund manager group
Franklin Templeton
Fund manager company
Franklin Templeton Funds (UK)
Fund type
OEIC
Fund objective
Aims to deliver a regular income with the potential of capital growth over the medium to long term through investment in fixed income securities.
Benchmark
  • BofA Merrill Lynch Sterling Broad Market Index
Investment style
Strategic Investment
Investment method
Fixed Interest
Fund managers
NameSinceBiography
David Zahn31/07/2012David Zahn, senior vice president, is responsible for managing the Global Aggregate and Euro Aggregate fixed income strategies. He is a member of the Fixed Income Policy Committee and is a portfolio manager for many of the European Franklin Templeton fixed income funds.Prior to joining Franklin Templeton in 2006, Mr. Zahn was a senior portfolio manager at Citigroup Asset Management.Mr. Zahn holds a B.S. in business administration from the University of Maine and an M.B.A in finance from the University of Connecticut.He is a Chartered Financial Analyst (CFA) Charterholder and is a qualified Financial Risk Manager (FRM).
Compliance
IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Franklin Strategic Bond A Acc
Initial charge3%
Annual charge1.2%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.35%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price151.02
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC6G2
Franklin Strategic Bond A Inc
Initial charge3%
Annual charge1.2%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.35%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price102.78
CurrencyGBX
Price updated16/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeC6G3
Franklin Strategic Bond W Inc
Initial charge-
Annual charge0.55%
Min single investment£1,000,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)0.7%
Total expense ratio (TER)0.7%
Bid price-
Offer price-
Mid price106.77
CurrencyGBX
Price updated16/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeG26H
Franklin Strategic Bond Z Inc
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)0.9%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price106.03
CurrencyGBX
Price updated16/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeG26G
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