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Franklin US Opportunities Inclusive - Class A - Accumulation (GBP)

Sell:476.51p Buy:476.51p Change: 18.99p (3.83%)
Prices as at 8 April 2020
Sell:476.51p
Buy:476.51p
Change: 18.99p (3.83%)
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
Prices as at 8 April 2020
Sell:476.51p
Buy:476.51p
Change: 18.99p (3.83%)
Prices as at 8 April 2020
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Our view on this Fund

This fund does not feature on our Wealth 50 list of what we believe are the best funds in each sector. If a fund is not within our Wealth 50 this is not necessarily a recommendation to sell. However, if you are thinking of adding to your investments, we believe the Wealth 50 is a good place to start. View funds on the Wealth 50 »

Our view on the sector

UK investors need little introduction to America. It's the world's biggest stock market. But share prices of well-known companies react quickly to new information. We think this makes it difficult for fund managers to find opportunities missed by others and to consistently perform better than the broader market over the long term. The US economy is in reasonable health and its stock market has performed well since the 2008 financial crisis. We think the prospects of most US companies are now reflected in their share prices and there's little value available for investors. That said, some commentators think the region's world-class technology companies have the potential to increase profits which could justify share prices climbing higher. For broad exposure to the US stock market, we think a low-cost tracker fund could be considered. We think active fund managers have more potential to deliver strong performance by investing in higher-risk small and medium-sized US companies.

Performance Analysis

Performance analysis for this fund is not available.

Investment Philosophy

Investment philosophy for this fund is not available.

Process and Portfolio Construction

Process and portfolio construction for this fund are not available.

question mark Manager Track Record Based on HL Quantitative Research

This information is currently unavailable.

Fund Track Record

08/04/15 to 08/04/16 08/04/16 to 08/04/17 08/04/17 to 08/04/18 08/04/18 to 08/04/19 08/04/19 to 08/04/20
Annual return -1.38% 29.56% 7.90% 18.08% 2.22%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

Information about the fund

Fund manager biography

manager photo
Manager Name: Conrad Herrman
Manager start date: 30 January 2009
Manager located in: San Mateo, California, United States

Conrad Herrmann is a senior vice president and director of U.S. Growth Portfolio Management for Franklin Equity Group. Mr. Herrmann is the lead portfolio manager for the flagship All-Cap Growth strategy for Franklin Equity Group, including the Franklin Flex Cap Growth Fund. He also serves as a back-up manager and in an advisory role on a number of other growth portfolios. Mr. Herrmann first joined Franklin in the summer of 1988, working as an intern in the Marketing Department. He joined Franklin full-time in the Investment Advisory group as a quantitative equity analyst in 1989. That year, he also became a fundamental research analyst, specializing in analysis of the electronic technology sector. Initially involved in the creation of the Franklin Flex Cap Growth Fund, he became the lead manager in July 1993. Prior to joining Franklin Templeton Investments, Mr. Herrmann was a vice president of Aquila Management, a mutual fund group in New York City. He joined the firm in 1983 as a fixed-income analyst. Mr. Herrmann earned his B.A. degree from Brown University and an M.B.A. from Harvard Business School. He is past president and member of the CFA Society of San Francisco and a member of the CFA Institute. Mr. Herrmann is a Chartered Financial Analyst (CFA) Charterholder.

manager photo
Manager Name: Grant Bowers
Manager start date: 30 January 2009
Manager located in: San Mateo, California, United States

Grant Bowers is a vice president and portfolio manager with Franklin Equity Group. He is the lead portfolio manager of Franklin Growth Opportunities Fund and FTIF Franklin U.S. Opportunities Fund (SICAV). He is also a member of Franklin Global Advisers' U.S. Growth team. Mr. Bowers joined Franklin Templeton Investments in 1993 as a fixed income analyst and in 1998 joined the Franklin equity group as an analyst. His previous research coverage has included the telecom, media, publishing, transportation and business services industries. Mr. Bowers earned his B.A. in economics from the University of California at Davis. Prior to joining Franklin Templeton, he served in the United States Army.

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Benchmark data provided subject to this disclaimer.
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account