Morningstar Fund Report  | 07/04/2025Print

Franklin Mutual European Fund W(acc)EUR

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Franklin Mutual European Fund W(acc)EUR
Fund12.43.011.25.411.5
+/-Cat-2.85.6-1.22.82.3
+/-B’mrk---2.00.8-0.5
 
Category: Europe Large-Cap Value Equity
Category Benchmark: Morningstar Dev Europe Val ...
Key Stats
NAV
04/04/2025		 EUR 19.08
Day Change -5.52%
Morningstar Category™ Europe Large-Cap Value Equity
ISIN LU0871812359
Fund Size (Mil)
31/03/2025		 USD 633.28
Share Class Size (Mil)
04/04/2025		 EUR 4.61
Max Initial Charge -
Ongoing Charge
12/02/2025		  1.00%
Morningstar Research
Analyst Report28/02/2025
Morningstar Manager Research,
Morningstar, Inc

This team of fund managers has plenty of experience but has struggled to put it to effective use in recent years. Combined with a loss of analytical expertise and coverage reshuffling in the broader team since 2020, we lack conviction in Franklin...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People23
Parent23
Process23
Performance
Price
Investment Objective: Franklin Mutual European Fund W(acc)EUR
The Fund’s principal investment objective is capital appreciation, which may occasionally be short-term. Its secondary objective is income.
Returns
Trailing Returns (GBP)04/04/2025
YTD2.44
3 Years Annualised7.98
5 Years Annualised14.10
10 Years Annualised4.54
12 Month Yield 0.00
Management
Manager Name
Start Date
Mandana Hormozi
01/01/2018
Timothy Rankin
31/12/2022
Inception Date
31/01/2013

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI Europe Value NR EURMorningstar Dev Europe Val TME NR EUR
Portfolio Profile for  Franklin Mutual European Fund W(acc)EUR28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock97.650.0097.65
Bond0.000.000.00
Property0.000.000.00
Cash2.350.002.35
Other0.000.000.00
Top 5 Regions%
Eurozone51.18
United Kingdom24.58
Europe - ex Euro15.00
United States9.23
Canada0.00
Top 5 Sectors%
Financial Services24.57
Healthcare14.01
Consumer Defensive11.10
Industrials10.54
Energy9.52
Top 5 HoldingsSector%
Roche Holding AGHealthcareHealthcare4.73
Deutsche Bank AGFinancial ServicesFinancial Services4.63
Novartis AG Registered SharesHealthcareHealthcare4.38
BNP Paribas Act. Cat.AFinancial ServicesFinancial Services4.27
BP PLCEnergyEnergy3.46
Increase Decrease New since last portfolio
Franklin Mutual European Fund W(acc)EUR
Growth Of 1000 (GBP) 31/03/2025
Fund:  Franklin Mutual European Fund W(acc)EUR
Category:  Europe Large-Cap Value Equity
Category Index:  Morningstar Dev Europe Val TME NR EUR
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-11.4914.60-6.6812.372.9611.225.3911.48
+/- Category1.960.61-4.08-2.805.62-1.172.822.32
+/- Category Index------1.980.80-0.51
% Rank in Category3249817818682327
Trailing Returns (GBP)04/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-5.52   -1.27-0.65
1 Week-9.00   -2.58-1.60
1 Month-7.64   -2.42-2.35
3 Months1.96   -1.08-2.55
6 Months-1.12   -1.85-3.63
YTD2.44   -1.39-2.55
1 Year3.32   1.26-1.48
3 Years Annualised7.98   0.74-0.49
5 Years Annualised14.10   0.87-0.50
10 Years Annualised4.54   -0.55-1.39
 
Category: Europe Large-Cap Value Equity
Category Index: Morningstar Dev Europe Val TME NR EUR
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
202511.48---
20244.702.571.13-2.96
20232.362.761.204.48
2022-2.51-1.03-5.6213.07
20214.744.221.611.32
2020-31.0419.60-0.4813.69
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAbove AverageBelow Average4 star
5-YearAbove AverageAverage4 star
10-YearAverageAbove Average3 star
Overall*Above AverageAverage4 star
 
Category :  Europe Large-Cap Value EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev11.75 %
3-Yr Mean Return12.07 %
 
3-Yr Sharpe Ratio0.64
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar Dev Europe Val TME NR EUR  Morningstar Dev Europe Val TME NR EUR
3-Yr Beta0.950.95
3-Yr Alpha0.710.71
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)EUR 35241-
Market Capitalisation% of Equity
Giant33.07
Large30.86
Medium31.62
Small4.46
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings11.041.02
Price/Book1.531.19
Price/Sales0.921.11
Price/Cash Flow7.161.17
Dividend-Yield Factor4.500.89
 
Long-Term Projected Earnings Growth9.321.00
Historical Earnings Growth0.020.01
Sales Growth4.651.83
Cash-Flow Growth3.7611.32
Book-Value Growth4.921.06
 
Category: Europe Large-Cap Value Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock97.650.0097.65
Bond0.000.000.00
Property0.000.000.00
Cash2.350.002.35
Other0.000.000.00
World Regions28/02/2025
 % of EquityRelative to Category
United States9.234.28
Canada0.000.00
Latin America0.000.00
United Kingdom24.581.06
Eurozone51.180.85
Europe - ex Euro15.001.08
Europe - Emerging0.000.00
Africa0.000.00
Middle East0.000.00
Japan0.000.00
Australasia0.000.00
Asia - Developed0.000.00
Asia - Emerging0.000.00
 
Category: Europe Large-Cap Value Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials3.250.50
Consumer CyclicalConsumer Cyclical8.981.02
Financial ServicesFinancial Services24.570.93
Real EstateReal Estate2.461.94
Consumer DefensiveConsumer Defensive11.101.29
HealthcareHealthcare14.011.18
UtilitiesUtilities1.720.44
Communication ServicesCommunication Services8.561.35
EnergyEnergy9.521.29
IndustrialsIndustrials10.540.71
TechnologyTechnology5.281.30
 
Category: Europe Large-Cap Value Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings41
Total Number of Bond Holdings0
Assets in Top 10 Holdings37.00
NameSectorCountry% of Assets
Roche Holding AG206Switzerland4.73
Deutsche Bank AG103Germany4.63
Novartis AG Registered Shares206Switzerland4.38
BNP Paribas Act. Cat.A103France4.27
BP PLC309United Kingdom3.46
Shell PLC309United Kingdom3.28
AerCap Holdings NV310United States3.27
ASR Nederland NV103Netherlands3.06
CaixaBank SA103Spain2.97
Deutsche Telekom AG308Germany2.96
 
Increase Decrease New since last portfolio
Category: Europe Large-Cap Value Equity
 
Management
Name of CompanyFranklin Templeton International Services S.à r.l.
Phone+352 46 66 67 212
Websitewww.franklintempleton.lu
Address8A, rue Albert Borschette
 Luxembourg   L-1246
 Luxembourg
DomicileLuxembourg
Legal StructureSICAV
UCITSYes
Inception Date31/01/2013
Fund Advisor(s)
Franklin Mutual Advisers, LLC
Fund ManagerMandana Hormozi
Manager Start Date01/01/2018
 
Biography
Mandana Hormozi, MBA is a research analyst and portfolio manager for Franklin Mutual Series. She co-leads Franklin Mutual European Fund. Her global research responsibilities include media and telecommunications. Prior to joining Franklin Mutual Series in 2003, she worked in the equity research department at Lazard Freres. Previously, she was an economic research analyst at Mitsubishi Bank. Ms. Hormozi earned a B.A. from Columbia Univ. and an M.B.A. from Columbia Business School.
Fund ManagerTimothy Rankin
Manager Start Date31/12/2022
Education
Columbia University, B.A.
 
Biography
Rankin, CFA, has been a co-lead portfolio manager for the Franklin Mutual since January 2018. He is a Portfolio Manager at Franklin Templeton Investments. With 17 years of investment management experience, Rankin first started at Franklin in 1997 as a Research Analyst and became Assistant Portfolio Manager in 2001. In 2004, he left to serve as Managing Director at Blue Harbour Group, LLC before re-joining Franklin in 2010. Prior to his original employment with the Mutual Series Funds, Rankin was an Equity Analyst at Glickenhaus & Co.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.70%
Ongoing Charge1.00%
Purchase Details
Minimum Investments
Initial-
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes