Morningstar Fund Report  | 14/03/2025Print

Franklin U.S. Dollar Short-Term Money Market Fund A(acc)USD

Performance History28/02/2025
Growth of 1,000 (GBP) Advanced Graph
Franklin U.S. Dollar Short-Term Money Market Fund A(acc)USD
Fund0.814.1-1.06.90.1
+/-Cat-0.10.10.40.40.1
+/-B’mrk-0.1-0.4-0.2-0.30.0
 
Category: USD Money Market - Short Term
Category Benchmark: Morningstar USD 1M Cash TR USD
Key Stats
NAV
13/03/2025		 USD 13.58
Day Change 0.18%
Morningstar Category™ USD Money Market - Short Term
ISIN LU0128526901
Fund Size (Mil)
28/02/2025		 USD 1632.69
Share Class Size (Mil)
13/03/2025		 USD 788.82
Max Initial Charge 1.50%
Ongoing Charge
12/02/2025		  0.25%
Investment Objective: Franklin U.S. Dollar Short-Term Money Market Fund A(acc)USD
The Fund’s investment objective is to maintain a high degree of capital preservation and liquidity while maximising returns in the US dollar.
Returns
Trailing Returns (GBP)13/03/2025
YTD-2.45
3 Years Annualised4.42
5 Years Annualised1.49
10 Years Annualised2.96
12 Month Yield 0.00
Management
Manager Name
Start Date
Shawn Lyons
01/08/2005
Michael Lima
30/09/2024
Click here to see others
Inception Date
14/05/2001

Category Benchmark
Fund BenchmarkMorningstar Benchmark
Bloomberg US Treasury Bill 1-3 M TR USDMorningstar USD 1M Cash TR USD
Portfolio Profile for  Franklin U.S. Dollar Short-Term Money Market Fund A(acc)USD28/02/2025
Fixed Income
Effective Maturity0.06
Effective Duration0.04
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond12.400.0012.40
Property0.000.000.00
Cash87.600.0087.60
Other0.000.000.00
Growth Of 1000 (GBP) 28/02/2025
Fund:  Franklin U.S. Dollar Short-Term Money Market Fund A(acc)USD
Category:  USD Money Market - Short Term
Category Index:  Morningstar USD 1M Cash TR USD
Growth of 1,000 GBP
Annual Returns (GBP)28/02/2025
 201820192020202120222023202428/02
Price Return7.86-1.99-2.850.8414.09-1.016.950.13
+/- Category-0.140.07-0.20-0.070.070.400.380.08
+/- Category Index-0.45-0.29-0.30-0.12-0.38-0.20-0.27-0.03
% Rank in Category7160799262535259
Trailing Returns (GBP)13/03/2025
   Total Returns   +/- Category   +/- Category Index
1 Day0.18   -0.01-0.01
1 Week-0.34   0.02-0.01
1 Month-2.96   0.01-0.03
3 Months-1.55   0.09-0.04
6 Months3.84   0.13-0.11
YTD-2.45   0.09-0.04
1 Year3.68   0.30-0.21
3 Years Annualised4.42   0.24-0.29
5 Years Annualised1.49   0.10-0.26
10 Years Annualised2.96   -0.03-0.30
 
Category: USD Money Market - Short Term
Category Index: Morningstar USD 1M Cash TR USD
Quarterly Returns (GBP)28/02/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20242.171.24-4.548.31
2023-1.68-1.565.49-3.04
20222.878.519.24-6.43
2021-0.92-0.212.54-0.53
20207.190.35-4.42-5.50
 
 
 
Morningstar Rating™(Relative to Category)-
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-Year--Not Rated
5-Year--Not Rated
10-Year--Not Rated
Overall--Not Rated
 
Category :  USD Money Market - Short TermClick here to see our Methodology
Volatility Measurements28/02/2025
 
3-Yr Std Dev8.16 %
3-Yr Mean Return6.55 %
 
3-Yr Sharpe Ratio0.30
 
Modern Portfolio Statistics28/02/202528/02/2025
 Standard IndexBest Fit Index
 Morningstar USD 1M Cash TR USD  Morningstar USD 1M Cash TR USD
3-Yr Beta1.081.08
3-Yr Alpha-0.26-0.26
 
Fixed Income Style-
Morningstar Style Box®
Fixed Income Style
SizeRel to Cat
Total Market Value (Mil)USD 1638
Maturity Distribution %
1 to 30.00
3 to 50.00
5 to 70.00
7 to 100.00
10 to 150.00
15 to 200.00
20 to 300.00
Over 300.00
Effective Maturity0.06
Effective Duration0.04
Credit Quality Breakdown %     %
AAA -   BB-
AA-   B-
A-   Below B-
BBB-   Not Rated-
 
Category: USD Money Market - Short Term
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock0.000.000.00
Bond12.400.0012.40
Property0.000.000.00
Cash87.600.0087.60
Other0.000.000.00
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings0
Total Number of Bond Holdings17
Assets in Top 10 Holdings48.71
NameSectorCountry% of Assets
Federal Home Loan Banks 0%United States23.84
United States Treasury Bills 0%United States3.21
United States Treasury Bills 0%United States3.19
United States Treasury Bills 0%United States2.99
United States Treasury Bills 0%United States2.80
Federal Home Loan Banks 0%United States2.75
United States Treasury Bills 0%United States2.62
Federal Home Loan Banks 0%United States2.50
United States Treasury Bills 0%United States2.43
United States Treasury Bills 0%United States2.38
 
Increase Decrease New since last portfolio
Category: USD Money Market - Short Term
 
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 Date14/05/2001
Fund Advisor(s)
Franklin Advisers, Inc.
Fund ManagerShawn Lyons
Manager Start Date01/08/2005
Education
University of California–Berkeley, B.A.
 
Biography
Shawn Lyons is the head of the Money Market group and portfolio manager of the taxable money funds. Mr. Lyons joined Franklin Templeton Investments in 1996. Mr. Lyons received a Bachelor of Arts degree in economics from the University of California at Berkeley. He is a Chartered Financial Analyst (CFA) and a member of the Security Analysts of San Francisco (SASF) and the Association for Investment Management and Research (AIMR).
Fund ManagerMichael Lima
Manager Start Date30/09/2024
 
Biography
Mr. Lima is a Portfolio Manager and an Analyst in the Corporate and Tax-Exempt Credit group within Fixed Income. He is a Portfolio Manager of Putnam`s Investment-Grade Corporate Credit, Money Market, Short Duration Bond, Short Term Investment, and Ultra Short Duration Income strategies as well as preferred securities mandates. As an Analyst, Mr. Lima is responsible for conducting fundamental analysis, developing insights on material sustainability issues, assessing valuations, and making buy/sell recommendations for companies in the global financials sector, which impact multiple fixed income strategies. Mr. Lima has been in the investment industry since he joined Putnam in 1997. Mr. Lima earned a B.S. in Economics from Boston College.
Fund ManagerJoanne Driscoll
Manager Start Date30/09/2024
Career Start Year1992
 
Biography
Ms. Driscoll is the Head of Short Term Liquid Markets in the Fixed Income group. She is responsible for the oversight of investment strategies and the management of short duration products along with SEC Rule 2a-7 mandated portfolios and other cash assets. Ms. Driscoll also oversees the Trading Operations team. She is a Portfolio Manager of Putnam`s Government Money Market, Money Market, Short Duration Bond, and Ultra Short Duration Income strategies, as well as offshore funds and securities lending pools. Ms. Driscoll is a member of the Putnam Benefits Investment Committee. She joined Putnam in 1995 and has been in the investment industry since 1992. Prior to joining Putnam, Ms. Driscoll was a Finance Teaching Assistant at Northeastern University from 1993 to 1995 and an Investment Associate at BayBank Investment Management from 1992 to 1993. Ms. Driscoll earned an M.B.A. from Northeastern University and a B.S. from Westfield State College.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge1.50%
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.40%
Ongoing Charge0.25%
Purchase Details
Minimum Investments
Initial1000  USD
Additional1000  USD
Savings-
Tax Free Savings Schemes
ISAsYes