Templeton Growth A

Global equity fund.

  • 766.83p
    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.

  • 1220.76p
    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?

  • 5.00% 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!

  • 1.50%
    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).

  • 1.60%
    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.

  • 3.90%
    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 18 September 2020, fund data last updated 29 April 2005

Fund summary

Sector Global
Structure OEIC
Launched September, 1988
Size £32m
Yield 3.90%
Charging basis Income
Dividends paid 31 May, 30 Nov

Charges

Standard initial charge 5.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 1.50%
Ongoing charges figure 1.60%

Allocation

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Investment process

The Fund has an investment objective to maximise total investment return. It will concentrate on long-term capital growth with lower risks associated with a globally diversified portfolio investing in securities that include equity shares and convertible stocks.

Manager research

Average monthly relative returns

  • 15/16 -0.75%
  • 16/17 -0.05%
  • 17/18 -0.27%
  • 18/19 -0.99%
  • 19/20 0.02%

Bestinvest MRI

  • 3 years -0.42%
  • 5 years -0.41%
  • Career -0.23%
  • 3 years 6.70%
  • 5 years 6.20%
  • Career 19.80%

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

Dylan Ball

Ball joined Franklin Templeton Investments in February 2007 and is a vice president in their global equity group. Previously he worked as a Research Analyst for Credit Suisse First Boston and subsequently, Execution Limited, where he researched European insurance companies. Prior to this, he was an accountant in the financial services industry practice of PricewaterhouseCoopers. Ball holds a BA in Economics from Manchester University. He is a Chartered Accountant and a member of the Institute of Chartered Accountants in England and Wales.

Track record

Dylan Ball has 11.2 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.23%. During the worst period of relative performance (from August 2009 - June 2020) there was a decline of 30% relative to the index. The worst absolute loss has been 20%.

Periods of worst performance

Absolute -20.00% (April 2011 - May 2012)
Relative -30.00% (August 2009 - June 2020)

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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Top 10 holdings

Data accurate as at 31 July 2020

4.64% Taiwan Semiconductor Co
3.8% Samsung Electronics Co
3.37% Alibaba Group Hldg Ltd
3.29% Pernod-Ricard
3.28% Wheaton Precious Metals Corp
3.18% Johnson & Johnson
3.17% Kddi Corp
3.15% Unilever Nv
3.09% Air Liquide(L`)
3% Sony Corp
Source: Trustnet

Sector breakdown

Consumer Discretionary 21.00%
Information Technology 17.00%
Consumer Staples 13.00%
Communications 12.00%
Health Care 12.00%
Materials 8.00%
Industrials 5.00%
Cash & Cash Equivalents 5.00%
Financials 4.00%
Energy 3.00%

Key Investor Information - Income

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Key Investor Information - Accumulation

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