FTF Franklin US Opportunities W

Multicap US equity fund invested in growth-style companies

  • 447.04p
    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.

  • -
    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).

  • 0.84%
    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.

  • 0.00%

    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 20 January 2022, we don’t currently provide commentary on this fund.

The objective of the fund is to seek long term capital appreciation by investing primarily in US equities. The fund will invest primarily in US equity securities including common and preferred stocks, or securities convertible into common stocks as well as American Depository Receipts and American Depository Shares, which are listed on major US Eligible Markets. The fund will mainly focus on securities which offer the greatest risk/return potential, taking into account both growth characteristics and their valuations.

Fund summary

Sector North America
Structure OEIC
Launched May, 2012
Size £135m
Yield 0.00%
Charging basis Income
Dividends paid Acc units only


Standard initial charge 0.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 0.75%
Ongoing charges figure 0.84%


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Investment process

The Fund aims to achieve long-term capital appreciation by investing in a well-diversified portfolio of U.S. equity securities across all market capitalisations and industries. The Fund will provide exposure to growth stocks in the United States. The manager will look for superior profitability, proven management teams and sustainable competitive advantage.

Manager research

Average monthly relative returns

  • 17/18 -0.14%
  • 18/19 -0.55%
  • 19/20 0.06%
  • 20/21 -0.57%
  • 21/22 -0.82%

Bestinvest MRI

  • 3 years -0.45%
  • 5 years -0.41%
  • Career -0.21%
  • 3 years 17.40%
  • 5 years 10.60%
  • Career 23.90%

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

Grant Bowers

Bowers is a Vice President of Franklin Global Advisers and has research responsibility for the telecommunication service industry. He joined Franklin Templeton Investments in 1993 as a fixed income analyst and in 1998 joined the Franklin equity group as an analyst. Bowers’s previous research coverage has included the media, publishing, transportation and business services industries. Prior to joining Franklin Templeton, he served in the United States Army. Bowers has a B.A. in economics from the University of California at Davis.

Track record

Grant Bowers has 12.8 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.21%. During the worst period of relative performance (from November 2010 - October 2021) there was a decline of 34% relative to the index. The worst absolute loss has been 17%.

Periods of worst performance

Absolute -17.00% (August 2018 - December 2018)
Relative -34.00% (November 2010 - October 2021)

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.


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Top 10 holdings

Data accurate as at 31 July 2020

9.12% Amazon.com Inc
6.02% Microsoft Corp
4.27% Mastercard Inc
3.76% Visa Inc
3.28% Apple Inc
3.25% Sba Communications
2.9% Servicenow Inc
2.87% Alphabet Inc
2.5% Costar Group Inc
2.08% Unitedhealth Group Inc
Source: Trustnet

Sector breakdown

Information Technology 39.00%
Health Care 18.00%
Consumer Discretionary 12.00%
Industrials 10.00%
Communications 6.00%
Financials 6.00%
Real Estate 4.00%
Consumer Staples 2.00%
Cash & Cash Equivalents 1.00%
Materials 1.00%

Key Investor Information