Fact sheet: Franklin US Low Duration

Fund information
Fund name
Franklin US Low Duration A Mdis USD
Fund manager company
Franklin Temp Intnl Serv SARL
Fund type
Offshore Fund
Fund managers
  • David Yuensince 16/09/2011
  • Roger Baystonsince 29/08/2003
  • Kent Burnssince 16/09/2011
Fund objective
The Funds investment objective is to provide as high a level of current income as is consistent with prudent investing, while seeking preservation of shareholders capital.
Benchmark
  • Barclays US Government / Credit (1-3 Y)
Investment style
Capital Protection Targeted
Investment method
Fixed Interest
Quick stats
1 Year return
2%
1 Year rank in sector
9/18
Sector
FO Fixed Int - USD Short/ Medium Maturity
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.
1.15%
Fund size
£771m (£1,628m 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.
66
Top in this sector
Fund name1 Year
Allianz EmrgMktsShDuDfBd9.1%
Threadneedle (L)GblEmMtSTBd8.9%
AXA WF EM Shrt Dur Bds8.1%
Natixis LSShtTmEmgMktsBd6.4%
Muzinich Sht Drtn HiYd4.5%
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Performance snapshot

Holdings snapshot

  • International96.8%
    Money Market3.2%
  • Investment Grade Corporate Bonds35.8%
    Government Bonds15.9%
    Mortgage & Secured Bonds11.2%
    Asset/Mortgage-Backed Securities9.7%
    High Yield Bond8.9%
  • Global Fixed Interest97.1%
    Cash & Cash Equivalents3.2%
    International Equities-0.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.2%0.9%2.3%2%2.5%6.9%
Sector0.2%0.9%2.3%3.3%4.2%8.2%
Rank within sector11 / 219 / 218 / 199 / 1812 / 157 / 13
Quartile3rd2nd2nd2nd4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund2.1%-0.8%0.7%0.7%3.4%
Sector3.5%-0.1%0.4%0.9%3%
Rank within sector11 / 1917 / 187 / 167 / 157 / 13
Quartile3rd4th2nd2nd3rd
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.
-0.13
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.
0.75
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
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%.
1.02
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.
0.66
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.
-0.74
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.
0.66
Price movement
52 week high9.88
52 week low9.62
Current bid price-
Current offer price-
Current mid price9.88
Region
1International96.82%
2Money Market3.18%
Industry sector
1Investment Grade Corporate Bonds35.81%
2Government Bonds15.92%
3Mortgage & Secured Bonds11.18%
4Asset/Mortgage-Backed Securities9.74%
5High Yield Bond8.91%
6Floating Rate Notes8.57%
7Fixed Interest4.64%
8Cash & Cash Equivalents3.18%
9Others2.06%
Asset type
1Global Fixed Interest97.05%
2Cash & Cash Equivalents3.18%
3International Equities-0.23%
Individual holdings
1UNITED STATES OF AMER TREAS NOTES 1.375% BDS 28/02/19 USD10004.33%
2US TREASURY S. V-2019 1.5%/14-28.02.20193.29%
3US TREASURY i/l 0.125%/13-1501232.13%
4WACHOVIA CORP.. SUB. NOTE. FRN. 1.0501%. 10/15/161.43%
5UNITED STATES OF AMER TREAS NOTES 0.125% BDS 15/01/22 USD1001.35%
6UNITED STATES OF AMER TREAS NOTES 0.875% BDS 15/10/18 USD1001.3%
7U.S. TREASURY NOTE. INDEX LINKED. 1.875%. 7/15/191.19%
8US TREASURY i/l 1.375%/10-1501201.19%
9THE GOLDMAN SACHS GROUP INC.. SENIOR NOTE. FRN. 1.8525%. 15/09/20201.16%
Management
Fund manager group
Franklin Templeton
Fund manager company
Franklin Temp Intnl Serv SARL
Fund type
Offshore Fund
Fund objective
The Funds investment objective is to provide as high a level of current income as is consistent with prudent investing, while seeking preservation of shareholders capital.
Benchmark
  • Barclays US Government / Credit (1-3 Y)
Investment style
Capital Protection Targeted
Investment method
Fixed Interest
Fund managers
NameSinceBiography
David Yuen16/09/2011David 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.
Roger Bayston29/08/2003Roger Bayston is senior vice president and portfolio manager for Franklin Advisers, Inc. Mr. Bayston is a senior portfolio manager for several fixed-income products and private accounts for the Franklin Templeton Investments. He directs a staff performing research and trading responsibilities for government, mortgage, investment grade corporate and asset-backed securities. In addition, Mr. Bayston leads the team responsible for risk management of Franklin’s bond portfolios and fixed income products. Before joining Franklin in 1991, Mr. Bayston managed portfolios of fixed-income securities for Bankers Trust Company's Investment Management Group. He holds a bachelor of science degree from the University of Virginia and an MBA from the University of California at Los Angeles. He is a member of the Security Analysts of San Francisco and the Association for Investment Management and Research (AIMR). He is also a Chartered Financial Analyst (CFA).
Kent Burns16/09/2011Kent Burns is a vice president and portfolio manager for the Franklin Templeton Fixed Income Group. He specializes in U.S. multi-sector fixed income strategies and government-related bonds.Mr. Burns joined Franklin Templeton Investments in 1994. He earned his B.A. in quantitative economics and decision sciences from University of California at San Diego, and a master's degree in economic theory from University of California at Santa Barbara. He is a Chartered Financial Analyst (CFA) Charterholder and teaches review programs for CFA candidates. He is a member of the CFA Institute and the CFA Society of San Francisco.
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, Gulf Cooperation Council, Gibraltar, Greece, Guernsey, Hungary, Ireland, Italy, Jersey, Republic Of Korea, Lithuania, Luxembourg, Latvia, Netherlands, Norway, Offshore, Poland, Portugal, Singapore, Slovakia, Sweden
Franklin US Low Duration A Acc EUR
Initial charge5%
Annual charge0.65%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.15%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price10.69
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFQPF
Franklin US Low Duration A Acc USD
Initial charge5%
Annual charge0.65%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.15%
Total expense ratio (TER)1.14%
Bid price-
Offer price-
Mid price10.68
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMAO6
Franklin US Low Duration A H1 Acc EUR
Initial charge-
Annual charge-
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.02
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEAMX
Franklin US Low Duration A Mdis USD
Initial charge5%
Annual charge0.65%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.15%
Total expense ratio (TER)1.14%
Bid price-
Offer price-
Mid price9.88
CurrencyUSD
Price updated29/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFT15
Franklin US Low Duration AX Acc USD
Initial charge5%
Annual charge0.65%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)1.34%
Bid price-
Offer price-
Mid price12.16
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFT19
Franklin US Low Duration B Mdis USD
Initial charge-
Annual charge0.65%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.41%
Total expense ratio (TER)2.4%
Bid price-
Offer price-
Mid price9.51
CurrencyUSD
Price updated29/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFT16
Franklin US Low Duration C Mdis USD
Initial charge-
Annual charge0.65%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.04%
Total expense ratio (TER)2.04%
Bid price-
Offer price-
Mid price9.7
CurrencyUSD
Price updated29/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFT17
Franklin US Low Duration I Acc USD
Initial charge-
Annual charge0.4%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.67%
Total expense ratio (TER)0.68%
Bid price-
Offer price-
Mid price12.95
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF160
Franklin US Low Duration I H1 Acc EUR
Initial charge-
Annual charge0.4%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.67%
Total expense ratio (TER)0.67%
Bid price-
Offer price-
Mid price10.55
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0QWS
Franklin US Low Duration N Mdis USD
Initial charge3%
Annual charge0.65%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.85%
Total expense ratio (TER)1.84%
Bid price-
Offer price-
Mid price9.79
CurrencyUSD
Price updated29/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFT18
Franklin US Low Duration W QDis USD
Initial charge-
Annual charge0.45%
Min single investment£3,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.72%
Total expense ratio (TER)0.72%
Bid price-
Offer price-
Mid price10.02
CurrencyUSD
Price updated29/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFQPH
Franklin US Low Duration Z Acc USD
Initial charge-
Annual charge0.65%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.85%
Total expense ratio (TER)0.84%
Bid price-
Offer price-
Mid price10.12
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFTKU
Data provided by

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