FTF Franklin UK Managers Focus W

  • 296.48p
    Price (Inc)

    These are the shares in the fund that pay out an income to clients. The income is made up of the total dividends – the money a company can pay out to its investors – from the companies in the fund.

  • 296.48p
    Price (Acc)

    These are the shares in the fund that don’t pay out an income to clients. Any dividends – the money a company can pay out to its investors – are reinvested into companies in the fund. Despite no income, the shares should be worth more over time. Good incentive, eh?

  • 0.00%

    Initial charge

    Some funds charge you when you first invest, which is aptly known as the initial charge. They’re usually between 3-5% but at Bestinvest, we usually don’t charge you a penny!

  • 0.75%
    Annual management charge

    This is how much the fund management company charges to run the fund. It’s like paying a babysitter, dog sitter or house sitter (that makes well-informed, heavily researched changes to improve your baby/dog/house when needed).

  • 0.83%
    Ongoing charges

    This stands for Ongoing Charges Figure. It’s the cost of running a fund and includes admin fees, manager fees, administration costs, etc.

  • 2.00%
    Yield

    How much the fund is currently paying out in income to investors. It’s NOT to be confused with the overall growth of a fund – a very different thing indeed. It’s also NOT a guarantee of future pay-outs, just a snapshot. This is more what it’s not than what it is…

Prices as at 19 October 2021

A focused portfolio of 40-50 stocks comprising the best ideas from four of the Franklin UK equity team managers. There are no benchmark, stock or sector restrictions and there is no overall controlling manager. Up to 10 stocks are blue chip, up to 10 are mid cap, up to 20 are smaller companies and 10 stocks are chosen from any area of the UK market. Each of the four managers was initially allocated 25% of the fund to invest in his specialist area.

Fund summary

Sector UK All Companies
Structure OEIC
Launched
Size £0m
Yield 2.00%
Charging basis Income
Dividends paid Acc units only

Charges

Standard initial charge 0.00%
Initial charge via Bestinvest 0.00%
Annual management charge 0.75%
Ongoing charges figure 0.83%

Allocation

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Investment process

The fund aims to produce a total return in excess of that of the FTSE All-Share index over the medium to long term. Colin Morton (Franklin UK Equity Income) manages the blue chip proportion. Paul Spencer (Franklin UK Mid Cap) manages the mid cap proportion, Richard Bullas (Franklin UK Smaller Cos) manages the smaller companies proportion and Ben Russon (Franklin UK Opportunities Fund) has an unrestricted mandate to invest anywhere in the UK market. By virtue of its structure, no more than 50% can be invested in a particular market cap sector. This ensures a broadly based, yet focused portfolio of UK stocks. Portfolio construction and rebalancing is over seen by Mark Hall previously portfolio manager on the UK Opportunities Fund. Positions sizes are generally between 2-3%.

Manager research

Average monthly relative returns

  • 16/17 0.00%
  • 17/18 0.00%
  • 18/19 0.00%
  • 19/20 0.00%
  • 20/21 0.00%

Bestinvest MRI

  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.00%
  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.00%

Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Track record

Periods of worst performance

Absolute 0.00% ()
Relative 0.00% ()

About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.

Allocation

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Allocation

Proportion (%)

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Portfolio

Multi cap 40-50 UK stock portfolio. As new money flows in, it is allocated equally between the four managers. Positions sizes are generally between 2-3%.

Key Investor Information - Income

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Key Investor Information - Accumulation

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