Fact sheet: Franklin Upper Tr Flt Rt

Fund information
Fund name
Franklin Upper Tier Floating Rate I QDis USD
Fund manager company
Franklin Temp Intnl Serv SARL
Fund type
Offshore Fund
Fund managers
  • Mark Boyadjiansince 27/08/2014
  • Margaret Chiusince 27/08/2014
  • Alex G. Yusince 27/08/2014
  • Hague B. Van Dillensince 27/08/2014
Fund objective
The Fund's objective is to provide Investors with a high level of current income and preservation of capital while outperforming the JP Morgan Leveraged Loan, BB sub-Index over 3-year rolling periods.
Benchmark
  • JP Morgan BB Leveraged Loan Index
Investment style
Active,High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
7.1%
1 Year rank in sector
32/295
Sector
FO Fixed Int - Global
Yield
-
Fund size
£1,908m
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.
76
Top in this sector
Fund name1 Year
Capital Group GHIOL32.9%
Dodge & Cox Global Bond25.7%
HSBC GIF Gbl AsBk Bd24.3%
Morg Stnly Gbl Mrtg Securts23.5%
Russell Gbl Bd23.1%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • No data available.
  • Others34.2%
    Health Care10.4%
    Technology10.1%
    Transport7.7%
    Mineral Extraction6.8%
  • Global Fixed Interest96.8%
    Cash & Cash Equivalents3.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.6%1.6%4.6%7.1%--
Sector-1.9%-2.2%0.7%3.2%5.9%13.5%
Rank within sector16 / 31517 / 31231 / 30732 / 295--
Quartile1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund8.3%-0.6%---
Sector3.8%-1.6%3.7%-1.6%8.2%
Rank within sector31 / 299122 / 275---
Quartile1st2nd
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 high9.91
52 week low9.3
Current bid price-
Current offer price-
Current mid price9.84
Region
No data available.
Industry sector
1Others34.16%
2Health Care10.35%
3Technology10.05%
4Transport7.68%
5Mineral Extraction6.83%
6Chemicals6.28%
7Media6.23%
8Services6.2%
9Asset/Mortgage-Backed Securities4.58%
Asset type
1Global Fixed Interest96.84%
2Cash & Cash Equivalents3.16%
Individual holdings
1RADIO ONE INC.2.68%
2CHEMOURS COMPANY2.63%
3CALPINE CORP2.3%
4AMERICAN AIRLINES GROUP INC2.01%
5FMG AMERICA FINANCE. INC. (FORTESCUE METALS GROUP)1.97%
6VALEANT PHARMACEUTICALS INTERNATIONAL. INC.1.83%
7FIELDWOOD ENERGY LLC1.71%
8 CHS/COMMUNITY HEALTH SYSTEMS1.43%
9NRG ENERGY INC1.43%
Management
Fund manager group
Franklin Templeton
Fund manager company
Franklin Temp Intnl Serv SARL
Fund type
Offshore Fund
Fund objective
The Fund's objective is to provide Investors with a high level of current income and preservation of capital while outperforming the JP Morgan Leveraged Loan, BB sub-Index over 3-year rolling periods.
Benchmark
  • JP Morgan BB Leveraged Loan Index
Investment style
Active,High Yield
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Mark Boyadjian27/08/2014Mark Boyadjian is a senior vice president of Franklin Templeton Investments, head of Franklin Advisers' Floating Rate Debt Group. Mr.Boyadjian was most recently responsible for Franklin Templeton Investments' International Local Asset Management Groups in India and Korea, as well as the Global Investment Risk Management and the Global Investment Performance departments. Since joining Franklin Templeton Investments in 1998, Mr. Boyadjian has held a variety of positions. Between 1999 and 2002 he was chief administrative officer for the Portfolio Management Group where he was responsible for managing the financial, legal, regulatory, and technological requirements for the enterprises' investment management groups. Concurrently, Mr. Boyadjian was the director of Global Portfolio Services with responsibility for introducing and managing enterprise-wide investment risk and portfolio analytics solutions. During the nine year period prior to joining Franklin Templeton Investments, Mr. Boyadjian was a principal and fixed income portfolio manager at Scudder, Stevens & Clark, Inc. Mr. Boyadjian holds a B.A. from the University of California at Berkeley. He is a Chartered Financial Analyst (CFA) Charterholder.
Margaret Chiu27/08/2014Margaret Chiu is a portfolio analyst for the Franklin Advisers' Floating Rate Debt Group. Ms. Chiu provides portfolio analytics for the floating rate institutional funds, which include CLOs and separate accounts.
Alex G. Yu27/08/2014Alex Yu is a vice president, portfolio manager for Franklin Advisers in its Floating Rate Debt Group, and is a member of the group's Investment Committee.Prior to joining the firm in 2005, Mr. Yu worked as a financial analyst at Wall Street Analytics and JPMorgan Chase Bank, where he specialized in CDO modeling and derivative pricing. Before that, Mr. Yu worked as a finance and accounting lecturer at Fudan University and a CFO assistant at NHP in China. Mr. Yu earned a Ph.D. in industrial economics from Fudan University and an M.B.A. from Rice University. He also holds an M.S. in accounting from Hong Kong University of Science and Technology, and an M.S. and a B.S. in computer science from Fudan University. Mr. Yu is a Chartered Financial Analyst (CFA) Charterholder and a Certified Financial Risk Manager (FRM), as well as a member of the security Analysts of San Francisco (SASF), the CFA Institute, and the Global Association of Risk Professionals (GARP).
Hague B. Van Dillen27/08/2014Hague Van Dillen is a portfolio analyst for the Franklin Advisers' Floating Rate Debt Group. Mr. Van Dillen provides portfolio analytics for the floating rate institutional funds. Mr. Van Dillen joined Franklin Templeton in 2008 and the Floating Rate Debt Group in 2009. Mr. Van Dillen holds a B.A. from Sacramento State University.
Compliance
Transparent for Austrian Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Germany, Denmark, Spain, Finland, France, United Kingdom, Italy, Luxembourg, Netherlands, Norway, Offshore, Sweden
Franklin Upper Tier Floating Rate I H1 QDis EUR
Initial charge-
Annual charge0.4%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.6%
Bid price-
Offer price-
Mid price9.71
CurrencyEUR
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFMPB
Franklin Upper Tier Floating Rate I H1 Qdis CHF
Initial charge-
Annual charge0.4%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.6%
Bid price-
Offer price-
Mid price9.56
CurrencyCHF
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFMPC
Franklin Upper Tier Floating Rate I QDis USD
Initial charge-
Annual charge0.4%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.6%
Bid price-
Offer price-
Mid price9.84
CurrencyUSD
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFMPA
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