Fact sheet: Templeton Eastern Eurp

Fund information
Fund name
Templeton Eastern Europe A Acc EUR
Fund manager company
Franklin Temp Intnl Serv SARL
Fund type
Offshore Fund
Fund managers
  • Grzegorz Koniecznysince 31/03/2016
  • Dr. Mark Mobiussince 10/11/1997
Fund objective
The Fund seeks to achieve its objective by investing primarily in listed equity securities of issuers organised under the laws of, or with their principal activities within, the countries of Eastern Europe, as well as the New Independent States, e.g. the countries in Europe and Asia that were formerly part of or under the influence of the Soviet Union in the past (the “Region”).
Benchmark
  • MSCI Emerging Markets Europe Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
9.9%
1 Year rank in sector
20/33
Sector
FO Equity - Emerging Europe
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.
2.57%
Fund size
£281m (£271m 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.
114
Top in this sector
Fund name1 Year
JGF-Jupiter New Europe38.9%
Baring Eastern Eur38.7%
Pictet Emerging Europe36.4%
Parvest Eq Russia32.8%
Renasset Eastern European30%
...more in FO Equity - Emerging Europe

Performance snapshot

Holdings snapshot

  • Russia37.8%
    Turkey15.4%
    Poland13.2%
    Czech Republic9.4%
    Others8.1%
  • Financials22.1%
    Consumer Staples20.7%
    Consumer Discretionary14.8%
    Energy10.1%
    Industrials9.7%
  • Russian Equities37.8%
    Turkish Equities15.4%
    Polish Equities13.2%
    Czech Republic Equities9.4%
    International Equities8.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4.4%0.3%6.7%9.9%-5%-0.3%
Sector3.3%2.9%9.5%10.6%-13.1%-6.1%
Rank within sector16 / 3321 / 3322 / 3320 / 3311 / 3215 / 30
Quartile2nd3rd3rd3rd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund13%4.8%-19.5%-4%17.4%
Sector14.5%-3.1%-22%-2.2%20%
Rank within sector23 / 334 / 3210 / 3222 / 3126 / 30
Quartile3rd1st2nd3rd4th
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.
2.72
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.
0.9
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%.
16.15
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.
5.57
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.
0.6
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.
0.89
Price movement
52 week high20.7
52 week low15.52
Current bid price-
Current offer price-
Current mid price20.3
Region
1Russia37.81%
2Turkey15.44%
3Poland13.16%
4Czech Republic9.37%
5Others8.06%
6Money Market4.36%
7Austria3.37%
8Hungary2.97%
9UK2.81%
Industry sector
1Financials22.13%
2Consumer Staples20.68%
3Consumer Discretionary14.78%
4Energy10.05%
5Industrials9.65%
6Information Technology8.34%
7Health Care6.16%
8Cash & Cash Equivalents4.36%
9Materials2.88%
Asset type
1Russian Equities37.81%
2Turkish Equities15.44%
3Polish Equities13.16%
4Czech Republic Equities9.37%
5International Equities8.06%
6Money Market4.36%
7Austrian Equities3.37%
8Hungarian Equities2.97%
9UK Equities2.81%
Individual holdings
1SBERBANK OF RUSSIA8.55%
2X5 RETAIL GROUP N.V6.66%
3LUKOIL PJSC4.79%
4FORTUNA ENTERTAINMENT GROUP NV4.59%
5GAZPROM OAO3.57%
6GLOBALTRANS INVESTMENT PLC2.99%
7RICHTER GEDEON PLC2.97%
8STOCK SPIRITS GROUP PLC2.81%
9MONETA MONEY BANK AS2.77%
Management
Fund manager group
Franklin Templeton
Fund manager company
Franklin Temp Intnl Serv SARL
Fund type
Offshore Fund
Fund objective
The Fund seeks to achieve its objective by investing primarily in listed equity securities of issuers organised under the laws of, or with their principal activities within, the countries of Eastern Europe, as well as the New Independent States, e.g. the countries in Europe and Asia that were formerly part of or under the influence of the Soviet Union in the past (the “Region”).
Benchmark
  • MSCI Emerging Markets Europe Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Grzegorz Konieczny31/03/2016Grzegorz Konieczny is an executive vice president and the Director of Specialty Strategies for the Templeton Emerging Markets Group. In this capacity, he focuses on Fondul Proprietatea (the largest closed-end investment fund in Romania and one of the largest London listed closed-end funds; the fund portfolio includes minority stakes in both listed and unlisted blue-chip Romanian companies), additional specialized country and regional strategies, as well as private equity strategies, providing guidance and thought leadership, coordinating appropriate resources and coverage, and leveraging the group's expertise to add value across products within the strategies. Prior to joining Franklin Templeton in 1995, Mr. Konieczny was the director of Capital Market Transactions at Bank Gdanski, one of the largest financial institutions in Poland at the time. He entered the financial services industry in 1992. Mr. Konieczny holds a master's degree in economics and foreign trade from the University of Gdansk (Poland) and an investment advisor license from the Polish Securities and Exchange Commission. Mr. Konieczny speaks Polish, English and Russian.
Dr. Mark Mobius10/11/1997Mark Mobius, Ph.D., managing director, joined Templeton in 1987 as president of the Templeton Emerging Markets Fund, Inc. He currently directs the analysts based in Templeton's 11 emerging markets offices and manages the emerging markets portfolios. Dr. Mobius has spent more than 30 years working in emerging markets all over the world. Dr. Mobius earned Bachelor's and Master's degrees from Boston University, and a Ph.D. in economics and political science from the Massachusetts Institute of Technology. He is the author of the books "Trading with China," "The Investor's Guide to Emerging Markets," "Mobius on Emerging Markets," "Passport to Profits" and "Equities – An Introduction to the Core Concepts." Dr. Mobius has received numerous awards. He was named by Asiamoney magazine in 2006 as one of "Top 100 Most Powerful and Influential People." Asiamoney said: "Boasts one of the highest profiles of any investor in the region and is regarded by many in the financial industry as one of the most successful emerging markets investors over the last 20 years. Despite tough times during the financial crisis nine years ago, he still commands a strong following in the investment world and is influencing the direction of billions of investment dollars." Other awards include: (1) "Emerging Markets Equity Manager of the Year 2001" by International Money Marketing, (2) "Ten Top Money Managers of the 20th Century" in a survey by the Carson Group in 1999, (3) "Number One Global Emerging Market Fund" in the 1998 Reuters Survey, (4) "1994 First in Business Money Manager of the Year" by CNBC, (5) "Closed-End Fund Manager of the Year" in 1993 by Morningstar and (6) "Investment Trust Manager of the Year 1992" by Sunday Telegraph. He was appointed joint chairman of the Global Corporate Governance Forum Investor Responsibility Taskforce of the World Bank and Organization for Economic Cooperation and Development.
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, Chile, Cyprus, Czech Republic, Germany, Denmark, Spain, Estonia, Finland, France, United Kingdom, Gulf Cooperation Council, Gibraltar, Greece, Guernsey, Hong Kong, Hungary, Ireland, Italy, Jersey, Republic Of Korea, Lithuania, Luxembourg, Latvia, Macau, Netherlands, Norway, Offshore, Peru, Poland, Portugal, Singapore, Slovakia, Sweden, Taiwan - Province Of China, South Africa
Templeton Eastern Europe A Acc EUR
Initial charge5.75%
Annual charge1.6%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.57%
Total expense ratio (TER)2.63%
Bid price-
Offer price-
Mid price20.3
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeUJ43
Templeton Eastern Europe A Acc USD
Initial charge5.75%
Annual charge1.6%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.57%
Total expense ratio (TER)2.63%
Bid price-
Offer price-
Mid price21.85
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeON81
Templeton Eastern Europe A YDis EUR
Initial charge5.75%
Annual charge1.6%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.58%
Total expense ratio (TER)2.63%
Bid price-
Offer price-
Mid price20.07
CurrencyEUR
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeON80
Templeton Eastern Europe B Acc USD
Initial charge-
Annual charge1.6%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)3.88%
Total expense ratio (TER)3.94%
Bid price-
Offer price-
Mid price4.8
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAFG0
Templeton Eastern Europe B YDis EUR
Initial charge-
Annual charge1.6%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)3.9%
Total expense ratio (TER)3.94%
Bid price-
Offer price-
Mid price4.46
CurrencyEUR
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeAFH9
Templeton Eastern Europe C Acc USD
Initial charge-
Annual charge1.6%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)3.16%
Total expense ratio (TER)3.21%
Bid price-
Offer price-
Mid price7.02
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeON82
Templeton Eastern Europe I Acc EUR
Initial charge-
Annual charge1.1%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.4%
Total expense ratio (TER)1.39%
Bid price-
Offer price-
Mid price15.01
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF192
Templeton Eastern Europe N Acc EUR
Initial charge3%
Annual charge1.6%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)3.07%
Total expense ratio (TER)3.13%
Bid price-
Offer price-
Mid price18.58
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFN45
Templeton Eastern Europe W Acc EUR
Initial charge-
Annual charge1.25%
Min single investment£3,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.67%
Total expense ratio (TER)1.64%
Bid price-
Offer price-
Mid price9.41
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFDQM
Data provided by

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