Franklin Templeton FTF Martin Currie UK Smaller Companies Fund Class W Acc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 30/11/19 to 30/11/20 |
30/11/20 to 30/11/21 |
30/11/21 to 30/11/22 |
30/11/22 to 30/11/23 |
30/11/23 to 30/11/24 |
|
|---|---|---|---|---|---|
| Fund | 10.1% | 27.2% | -22.8% | -10.3% | 13.0% |
| Sector | 6.1% | 26.2% | -21.2% | -6.6% | 14.9% |
| Rank | 15/41 | 20/41 | 25/42 | 35/43 | 26/43 |
| Quartile | 2 | 2 | 3 | 4 | 3 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 30/11/24 |
5 Years to 30/11/24 |
10 Years to 30/11/24 |
||
| Fund | -7.9% | 1.8% | 6.3% | |
| Sector | -5.5% | 2.5% | 6.5% | |
| Rank | 30/42 | 23/41 | 23/36 | |
| Quartile | 3 | 3 | 3 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| ALPHA GROUP INTERNATIONAL | 4.99 |
| RESTORE | 3.62 |
| BODYCOTE | 3.56 |
| BLOOMSBURY PUBLISHING | 3.46 |
| POLAR CAPITAL HOLDINGS PLC. | 3.45 |
| Urban Logistics REIT Urban Logistics REIT Ord GBP0.01 | 3.39 |
| CHEMRING GROUP | 3.38 |
| JTC | 3.24 |
| FORESIGHT GROUP HLDGS LTD | 3.17 |
| M J GLEESON | 2.94 |
| Total | 35.20 |
Fund Aims
Aims to achieve capital growth exceeding that of the Hoare Govett Smaller Companies Index over the medium to long term.
Fund Manager
Mark Hall is a member of the highly-regarded Franklin UK Equity Team. He specialises in multi-cap UK equity analysis and investment and
has been lead manager of the Franklin UK Select Growth Fund since 2001 and joint manager of the Franklin UK Managers' Focus Fund
since its launch in 2006.
Mark joined Franklin Templeton Investments when it acquired Rensburg Fund Management in January 2011.
After training as an accountant, Mr. Hall joined BWD Rensburg in 1988 as a Smaller Companies investment analyst, subsequently managing
private client discretionary portfolios. Mark became fund manager of the BWD Equity Growth Trust in 1997, investing in the UK All
Companies Sector. In 2001 he became the lead manager of BWD Aggressive Growth Trust, (which was subsequently renamed Rensburg
UK Select Growth Trust). In October 2011, the Rensburg unit trust range was merged into subfunds of the Franklin Templeton Funds OEIC
and renamed to reflect the Franklin Templeton brand, they kept the same objective, managers and investment process.
Under Mr. Halls tenure as manager, Franklin UK Select Growth Fund has held an OBSR Fund Rating for five consecutive years (as at 30
June 2011).
Mr. Hall holds a B.A. (Hons) geography with additional economics from Exeter University. He also holds an Investment Management
Certificate (IMC) and is a Fellow of the Securities Institute (FSI (Dip)).
Paul Spencer, Lead Manager of the Franklin UK Mid Cap Fund and joint manager of the Franklin UK Managers' Focus Fund. A member of
the Franklin UK Equity Team, he specialises in UK mid-cap equity analysis and investment.
Mr. Spencer joined Franklin Templeton Investments when it acquired Rensburg Fund Management (now Franklin Templeton Fund
Management) in January 2011.
Mr. Spencer started his investment career in 1987, when he joined BWD Rensburg, within the next 8 years Paul progressed through the
ranks becoming head of research. In 1991, he assumed responsibility for the BWD UK Smaller Companies Trust, leaving in 1995 to join
Granville Davies Limited as a director and Small and Mid Cap analyst. In 1999, Paul joined TD Waterhouse, where he was head of research,
specialising in small and mid cap investment analysis. He returned to Rensburg in 2006 to manage the Rensburg UK Mid Cap Growth Trust
(now Franklin UK Mid Cap Fund). During his tenure as fund manager of the Franklin UK Mid Cap Fund, Paul has received a number of
awards for investment excellence, including the Moneywise Best UK All Companies Fund in 2008, 2009 and 2010, Money Observer Best
UK Small/Mid Cap Fund 2009 and Best UK All Companies Fund over three years from Lipper in 2009.
Mr. Spencer holds a B.A. (Hons) economics from Nottingham University. He is a Fellow of the Securities Institute (FSI).
Richard Bullas is a portfolio manager at Franklin Templeton Fund Management. He is co-manager on the Franklin UK Smaller Companies
Trust and manages the Smaller Companies portion of the Franklin UK Managers Focus Fund. Richard has worked with the fund
management team for over 12 years, joining Franklin Templeton Fund Management via the acquisition of Rensburg Fund Management in
2011.
Mr. Bullas joined the team in 2000 as a Trainee Fund Manager, supporting the fund managers on a range of equity unit trusts while studying
for his professional investment qualifications (IMC and Chartered MCSI). After 3 years he was appointed Assistant Fund Manager, assisting
and reporting to the investment director, specifically on the management of the Franklin UK Smaller Companies Trust and the Franklin UK
Managers Focus Fund. From 2006 he was made Fund Manager and Associate Director while at Rensburg, co-managing 2 UK Equity
Mandates as well deputy fund manager on the Franklin UK Select Growth Trust and Franklin UK Managers Focus Fund. Mr. Bullas
investment approach focuses heavily on individual company analysis, identifying quality undervalued companies that have the potential for
long term outperformance. Richard has covered the UK smaller companies sector for 12 years and has considerable experience researching
and analysing smaller companies.
Prior to joining Rensburg Fund Management (now Franklin Templeton Fund Management) Mr. Bullas worked at AVIVA Plc as a Market
Analyst in the life and pensions department. Prior to that he spent a short time working at a Chartered Accountants, for the Audit Team.
Mr. Bullas holds a B.Sc. (Hons) degree in business and management studies from Bradford University School of Management, graduating in
1998. He holds the IMC (Investment Management Certificate) and is a Chartered MCSI (Chartered Institute for Securities and Investment).
Fund Overview
| Mid (20/12/2024) | 288.70p |
| Historic yield | 1.53% |
| Fund size (30/06/2024) | £162.97m |
| Number of holdings | 44 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.82% |
| Launch date | 31/05/2012 |
Asset Allocation
| UK Equities | 89.85% | |
| International Equities | 3.77% | |
| Property | 3.39% | |
| Cash and Equivalents | 0.57% | |
| Other Assets | 2.41% |
Commentary
[No data]
Important Information
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Asset Allocation
| UK Equities | 89.85% | |
| International Equities | 3.77% | |
| Property | 3.39% | |
| Cash and Equivalents | 0.57% | |
| Other Assets | 2.41% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Industrials | 37.23% | - | - | - | |
| Industrial Goods & Services | - | 33.61% | - | - | |
| Industrial Support Services | - | - | 20.41% | - | |
| Professional Business Support Services | - | - | - | 12.13% | |
| Business Training & Employment Agencies | - | - | - | 4.03% | |
| Transaction Processing Services | - | - | - | 2.23% | |
| Security Services | - | - | - | 2.02% | |
| Industrial Engineering | - | - | 5.30% | - | |
| Machinery: Industrial | - | - | - | 5.30% | |
| Aerospace & Defence | - | - | 5.14% | - | |
| Defense | - | - | - | 5.14% | |
| Electronic & Electrical Equipment | - | - | 2.76% | - | |
| Electrical Components | - | - | - | 2.76% | |
| Construction & Materials | - | 3.62% | - | - | |
| Construction & Materials | - | - | 3.62% | - | |
| Building Materials: Other | - | - | - | 3.62% | |
| Consumer Discretionary | 21.24% | - | - | - | |
| Travel & Leisure | - | 9.63% | - | - | |
| Travel & Leisure | - | - | 9.63% | - | |
| Restaurants & Bars | - | - | - | 5.12% | |
| Travel & Tourism | - | - | - | 2.75% | |
| Airlines | - | - | - | 1.77% | |
| Media | - | 5.90% | - | - | |
| Media | - | - | 5.90% | - | |
| Publishing | - | - | - | 3.46% | |
| Media Agencies | - | - | - | 2.44% | |
| Consumer Products & Services | - | 4.49% | - | - | |
| Household Goods & Home Construction | - | - | 2.94% | - | |
| Home Construction | - | - | - | 2.94% | |
| Leisure Goods | - | - | 1.55% | - | |
| Electronic Entertainment | - | - | - | 1.55% | |
| Retail | - | 1.21% | - | - | |
| Retailers | - | - | 1.21% | - | |
| Home Improvement Retailers | - | - | - | 1.21% | |
| Financials | 17.51% | - | - | - | |
| Financial Services | - | 17.51% | - | - | |
| Investment Banking & Brokerage Services | - | - | 17.51% | - | |
| Asset Managers & Custodians | - | - | - | 12.52% | |
| Investment Services | - | - | - | 4.99% | |
| Technology | 10.63% | - | - | - | |
| Technology | - | 10.63% | - | - | |
| Software & Computer Services | - | - | 10.63% | - | |
| Consumer Digital Services | - | - | - | 4.77% | |
| Computer Services | - | - | - | 4.31% | |
| Software | - | - | - | 1.56% | |
| Real Estate | 6.05% | - | - | - | |
| Real Estate | - | 6.05% | - | - | |
| Real Estate Investment Trusts | - | - | 3.39% | - | |
| Industrial REITs | - | - | - | 3.39% | |
| Real Estate Investment & Services | - | - | 2.66% | - | |
| Real Estate Services | - | - | - | 2.66% | |
| Telecommunications | 3.02% | - | - | - | |
| Telecommunications | - | 3.02% | - | - | |
| Telecommunications Service Providers | - | - | 1.73% | - | |
| Telecommunications Services | - | - | - | 1.73% | |
| Telecommunications Equipment | - | - | 1.29% | - | |
| Telecommunications Equipment | - | - | - | 1.29% | |
| Non-Classified | 2.41% | - | - | - | |
| Consumer Staples | 1.33% | - | - | - | |
| Personal Care, Drug & Grocery Stores | - | 1.33% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 1.33% | - | |
| Personal Products | - | - | - | 1.33% | |
| Cash and Equivalents | 0.57% | - | - | - | |
Regional Allocation
| UK | 89.85% | |
| North America | 3.77% | |
| Property | 3.39% | |
| Non-Classified | 2.41% | |
| Cash and Equivalents | 0.57% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| UK | 89.85% | - | |
United Kingdom
|
- | 89.85% | |
| North America | 3.77% | - | |
United States
|
- | 3.77% | |
| Property | 3.39% | - | |
| Non-Classified | 2.41% | - | |
| Cash and Equivalents | 0.57% | - | |
Breakdown By Market Cap (%)
| Medium |
|
14.78% |
| Small |
|
66.51% |
| Micro |
|
15.72% |
| Non-Classified |
|
2.41% |
| Cash |
|
0.57% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | ALPHA GROUP INTERNATIONAL | 4.99% | Investment Banking & Brokerage Services | United Kingdom |
| 2 | RESTORE | 3.62% | Industrial Support Services | United Kingdom |
| 3 | BODYCOTE | 3.56% | Industrial Engineering | United Kingdom |
| 4 | BLOOMSBURY PUBLISHING | 3.46% | Media | United Kingdom |
| 5 | POLAR CAPITAL HOLDINGS PLC. | 3.45% | Investment Banking & Brokerage Services | United Kingdom |
| 6 | Urban Logistics REIT Urban Logistics REIT Ord GBP0.01 | 3.39% | Real Estate Investment Trusts | Direct Property and REITs |
| 7 | CHEMRING GROUP | 3.38% | Aerospace & Defence | United Kingdom |
| 8 | JTC | 3.24% | Investment Banking & Brokerage Services | United Kingdom |
| 9 | FORESIGHT GROUP HLDGS LTD | 3.17% | Investment Banking & Brokerage Services | United Kingdom |
| 10 | M J GLEESON | 2.94% | Household Goods & Home Construction | United Kingdom |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | 10.63% | - | - | - | - | - | - | - | 10.63% |
| Telecommunications | 3.02% | - | - | - | - | - | - | - | 3.02% |
| Financials | 17.51% | - | - | - | - | - | - | - | 17.51% |
| Real Estate | 2.66% | - | - | - | - | 3.39% | - | - | 6.05% |
| Consumer Discretionary | 19.69% | 1.55% | - | - | - | - | 1.43% | - | 22.67% |
| Consumer Staples | 1.33% | - | - | - | - | - | - | - | 1.33% |
| Industrials | 35.00% | 2.23% | - | - | - | - | - | - | 37.23% |
| Cash and Equivalents | - | - | - | - | - | - | - | 0.57% | 0.57% |
| Non-Classified | - | - | - | - | - | - | 0.98% | - | 0.98% |
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for investment professionals and is for information purposes only.
Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Identification Codes
| Sedol Code | B7FFF70 |
| Mex Code | TVMAAQ |
| Isin Code | GB00B7FFF708 |
| Citi Code | G25X |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.82% |
Aims and Benchmark
| Aims | Aims to achieve capital growth exceeding that of the Hoare Govett Smaller Companies Index over the medium to long term. |
| Benchmark | Numis Smaller Companies ex Investment Trust Index |
| Benchmark Category | - |
| IA Sector | UK Smaller Companies |
Fund Background
| Valuation frequency | Daily |
| Valuation point | 14:00 |
| Fund type | OEIC |
| Launch price | £1.00 |
| Fund currency | Pound Sterling |
| Fund domicile | United Kingdom |
| ISA allowable | Yes |
| SIPP allowable | Yes |
Distribution Details
| Income frequency | Biannually |
| Distribution Type | Dividend |
| Distribution Payment Basis | Net |
Distribution Dates
| Ex dividend date(s) | Income payment date(s) |
|---|---|
| 30 September | 30 November |
Ratings
| FE Crown |  |
Effect of Deductions
| Assuming a growth rate of 6.00% | Assuming a growth rate of 7.00% |
|---|---|
| - | - |
Fund Administration
| Fund Trustee/Depository | BNY Mellon Trust & Depositary (UK) Ltd |
| Fund Administrator | The Bank of New York Mellon (International) Limited |
| Fund Registrar | Internal |
| Fund Custodian | BNY Mellon Trust & Depositary (UK) Ltd |
Group Details
| Group name | Franklin Templeton Funds |
| Group address | The Adelphi 1 - 11 John Adam Street London WC2N 6HT |
| Group telephone | 0800 305 306 |
| Dealing telephone | - |
| enquiries@franklintempleton.co.uk | |
| Homepage | www.franklintempleton.co.uk |
| Fax number | - |
Dealing
| Minimum Investment | £1000000 |
| Minimum Top Up | £250 |
| Minimum Regular Saving | - |
| Settlement Period: Buy | 3 days |
| Settlement Period: Sell | 3 days |
| Pricing Basis | Forward |
| Dealing Decimals | 3 |
Important Information
Ongoing charges may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Risk Analysis
| Ratio | Value |
|---|---|
| Alpha | -1.79 |
| Beta | 1.10 |
| Sharpe | -0.02 |
| Standard Deviation | 17.27 |
| Info Ratio | -0.47 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | No |
| Emerging Markets | No |
| Concentrated Portfolio | No |
| Smaller Companies | Yes |
| High Yield Bonds | No |
| Sector Specific | No |
| Geared Investments | No |
| Value of Investments | Yes |
| Investments Long Term | Yes |
| Property | No |
| Exchange Rate | No |
| Higher Risk | No |
| Performance Charges | No |
| Derivative Exposure | No |
| Offshore | No |
| Income Eroding Capital Growth | No |
| Umbrella Liabilities | Yes |
| New Fund | No |
| Solvency of Depository | No |
| Solvency of Bond Issuers | No |
| Ethical Restrictions | No |
| Liquidity | No |
| Returns Are Not Guaranteed | Yes |
| Inflation | Yes |
| Taxation and Tax Relief | Yes |
Fund Specific Risks
Smaller Companies
The fund invests in smaller companies. Smaller companies shares can be more volatile and less liquid than larger company shares, so smaller companies funds can carry more risk.
Value of Investments
The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.
Investments Long Term
Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.
Umbrella Liabilities
If the liabilities of one fund were to exceed its assets, the other funds within the scheme might have to transfer across money to cover the liabilities.
Returns Are Not Guaranteed
What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.
Inflation
Inflation will reduce the real value of your investments in future.
Taxation and Tax Relief
Levels of taxation and tax relief are subject to change.
Important Information
The risk factor definitions are provided by Broadridge. These definitions may differ from those of Prudential or any underlying fund manager. The data itself is provided by Prudential or the underlying fund manager.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Important Information
Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
"Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.