|
Franklin Mutual US Value Fund
|
|
|
|
|
Ranking
|
Sector:
|
USA-Equity-General |
Size:
|
(USD) 244 910 000 |
|
Sector Rank:
|
10 out of 14 |
(lump sum over 3 years to 31 Dec 2024)
|
|
Overall Rank:
|
112 out of 481 |
(lump sum over 3 years to 31 Dec 2024)
|
|
R20000 invested on 31 Dec 2021 was worth R26 199 at 31 Dec 2024 |
(9.42% annual compound return)
|
|
R5000 per month since 31 Dec 2021 was worth R220 355 at 31 Dec 2024 |
(12.80% annual return compounded monthly)
|
|
|
Please note that offshore fund performance figures are calculated from NAV prices (ie, equivalent to sell-to-sell) and therefore not directly comparable to domestic fund performance figures on this site. |
|
|
Management
|
Peter Langerman |
Peter Langerman is chairman, president and CEO of Franklin Mutual Advisers, LLC (Mutual Series). He is also the portfolio manager of Mutual Shares Fund and co-head of the Franklin Value Group, the $50 billion umbrella for the firm's Franklin and Mutual Series value investment teams.
Mr. Langerman originally joined Heine Securities Corporation (predecessor of Franklin Mutual Advisers, LLC) in June 1986. He served as CEO of Franklin Mutual Advisers beginning in 1998 and chairman of the fund boards beginning in 2001, before leaving in 2002 and serving as director of New Jersey's Division of Investment, overseeing employee pension funds. He rejoined Mutual Series in 2005. Prior to 1986, Mr. Langerman was employed by Weil, Gotshal & Manges, where he gained expertise working for one of the country's foremost specialists in large corporate bankruptcies and reorganizations.
Mr. Langerman graduated magna cum laude from Yale University, where he earned his B.A. in Russian studies. He holds a master's degree in accounting from New York University Graduate School of Business and received his juris doctor from Stanford University Law School.
|
|
F. David Segal, CFA |
|
Deborah Turner, CFA |
|
|
Focus and Objective
|
The investment objective of the fund is long-term capital appreciation and a reasonable and growing level of income primarily by investing in US equity securities with no more than 30% of the fund's net assets invested in securities of non-US issuers.
|
|
|
Technical Overview
|
Benchmark: |
S&P 500 Index |
Allows debit orders |
No |
Formation date: |
07 Jul 1997 |
Annual Registrar Fee |
0.20% |
Management fee (p.a.): |
1.51% |
Base currency: |
USD |
Minimum lump sum: |
$5 000 |
Broker Comm. Payable |
Yes |
Minimum monthly: |
$1 000 |
Domicile |
Luxembourg |
Number of holdings: |
196 |
Exit fee charge: |
No |
Pricing system: |
Forward |
|
|
Top holdings on 30 Sep 2021
|
CHARCOMINC (Telecom) |
13 890 400 |
3.88% |
|
|
|
|