LU0294219513
Franklin Mutual Global Discovery Fund
Overall Morningstar Rating
Rating Category: Other Equity
Morningstar Style Box
| Large | Size | |||
|---|---|---|---|---|
| Medium | ||||
| Small | ||||
| Value | Blend | Growth | ||
| Style | ||||
Historical Morningstar Ratings
| Years | 3 |
| Ratings | |
| Number of Funds In Category |
| Years | 5 |
| Ratings | |
| Number of Funds In Category |
| Years | 10 |
| Ratings | |
| Number of Funds In Category |
This is a marketing communication. Please refer to the prospectus of the UCITS and to the KID before making any final investment decisions.
Overview
- Summary of Fund Objective
- Investor Profile
- Why Consider this Fund
- What Are The Key Risks?
- Sustainability-related Disclosures
Summary of Fund Objective
To seek investment growth, through growth of capital. The Fund mainly invests in equities of companies of large and medium market capitalisation (with at least $US1.5 billion in market capitalisation) anywhere in the world.
Investor Profile
- Seeking capital appreciation by investing in undervaluated companies worldwide.
- Planning to hold their investment for the medium to long term.
Why Consider this Fund
Capital growth investing. To ensure long-term capital growth, the Fund invests in equities and their equivalents throughout the world without restriction in terms of capitalization, sector or country.
Extracting value out of under-appreciated securities. As well as investing in undervalued securities, the Fund invests in risk arbitrage/company restructurings and distressed companies that show suitable risk-return parameters.
A ‘deep value’ investment approach. The Fund follows a ‘deep value’-style approach. Often the stocks bought are out of favor with investors, overlooked by the investment community or involve complicated restructuring stories.
What Are The Key Risks?
The value of shares in the Fund and income received from it can go down as well as up and investors may not get back the full amount invested. Performance may also be affected by currency fluctuations. Currency fluctuations may affect the value of overseas investments.
- The Fund invests mainly in equity securities of mid- and large-capitalisation companies worldwide. Such securities have historically been subject to significant price movements that may occur suddenly due to market or company-specific factors. As a result, the performance of the Fund can fluctuate considerably over time.
- Other significant risks include:
Foreign Currency risk: the risk of loss arising from exchange-rate fluctuations or due to exchange control regulations.
Derivative Instruments risk: the risk of loss in an instrument where a small change in the value of the underlying investment may have a larger impact on the value of such instrument. Derivatives may involve additional liquidity, credit and counterparty risks.
Liquidity risk: the risk that arises when adverse market conditions affect the ability to sell assets when necessary. Such risk may be triggered by (but not limited to) unexpected events such as environmental disasters or pandemics. Reduced liquidity may have a negative impact on the price of the assets.
For a full discussion of all the risks applicable to this Fund, please refer to the “Risk Considerations” section of the current prospectus of Franklin Templeton Investment Funds.
Sustainability-related Disclosures
The Fund promotes environmental and social characteristics in accordance with Article 8 of the Sustainable Finance Disclosure Regulation (the “SFDR”).
In its implementation of the Fund’s environmental, social and governance (“ESG”) strategy, the Investment Manager promotes reduced portfolio greenhouse gas intensity, avoids investment in issuers of certain controversial practices, and promotes gender diversity on company boards.
The Fund’s environmental or social characteristics are assessed both quantitatively and qualitatively, by means of sustainability indicators as well as of the Investment Manager’s proprietary research and engagement process further described in the Website disclosure’s dedicated sections.
As part of its investment decision making process, the Fund’s ESG strategy also uses binding criteria for the selection of underlying assets and applies specific ESG exclusions.
Fund Information
Sales Charges, Expenses & Fees 2
Identifiers
Portfolio Managers
Performance
- Discrete Annual Returns
- Cumulative Total Returns
- Average Annual Total Returns
- Calendar Year Returns
- Risk Measures
Discrete Annual Returns
Discrete Annual Returns
Past performance does not predict future returns.
Chart
Month End As of 30/09/2025 | Currency | Sep-24 / Sep-25 | Sep-23 / Sep-24 | Sep-22 / Sep-23 | Sep-21 / Sep-22 | Sep-20 / Sep-21 | Sep-19 / Sep-20 | Sep-18 / Sep-19 | Sep-17 / Sep-18 | Sep-16 / Sep-17 | Sep-15 / Sep-16 | Performance Inception Date | Fund Overview | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A (acc) EUR-H2 - Without Sales Charge (NAV) (%) | EUR | 7.51 | 14.60 | 19.71 | -12.39 | 35.30 | -16.86 | -2.21 | -0.57 | 12.54 | 9.54 | 10/04/2007 | ||
| Linked MSCI World Value Index-NR (%) | EUR | 6.36 | 20.65 | 8.31 | 3.32 | 32.89 | 2.64 | 8.49 | 13.22 | 12.33 | 10.61 | — |
Month End As of 30/09/2025 | Currency | Sep-24 / Sep-25 | Sep-23 / Sep-24 | Sep-22 / Sep-23 | Sep-21 / Sep-22 | Sep-20 / Sep-21 | Sep-19 / Sep-20 | Sep-18 / Sep-19 | Sep-17 / Sep-18 | Sep-16 / Sep-17 | Sep-15 / Sep-16 | Performance Inception Date | Fund Overview | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A (acc) EUR - Without Sales Charge (NAV) (%) | EUR | 4.34 | 13.16 | 16.00 | -2.65 | 37.71 | -20.40 | 4.47 | 2.26 | 10.13 | 7.95 | 25/10/2005 | ||
| A (acc) USD - Without Sales Charge (NAV) (%) | USD | 10.03 | 19.14 | 25.18 | -17.63 | 36.04 | -14.36 | -1.95 | 0.45 | 15.86 | 8.55 | 25/10/2005 | ||
| A (Ydis) EUR - Without Sales Charge (NAV) (%) | EUR | 4.30 | 13.16 | 16.03 | -2.66 | 37.69 | -20.38 | 4.43 | 2.24 | 10.15 | 7.99 | 01/09/2006 | ||
| A (Ydis) GBP - Without Sales Charge (NAV) (%) | GBP | 9.35 | 8.75 | 14.50 | -0.65 | 30.29 | -18.40 | 3.93 | 3.30 | 12.06 | 26.58 | 25/10/2005 |
The fund’s returns may increase or decrease as a result of changes to foreign exchange rates.
The value of shares in the Fund and income received from it can go down as well as up, and investors may not get back the full amount invested. Performance details provided are in share class currency, include the reinvested dividends gross of basic rate tax and are net of management fees. Sales charges and other commissions, other taxes and relevant costs to be paid by an investor are not included in the calculations.
Cumulative Total Returns
Cumulative Total Returns
Past performance does not predict future returns.
2007
2025
Chart
Month End As of 30/09/2025 | Currency | YTD | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | 5 Years | 10 Years | 15 Years | Since Inception 10/04/2007 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A (acc) EUR-H2 - Without Sales Charge (NAV) (%) | EUR | 11.48 | 1.27 | 3.75 | 5.01 | 7.51 | 47.49 | 74.82 | 74.21 | 125.25 | 99.32 | |
| Linked MSCI World Value Index-NR (%) | EUR | 3.01 | 1.34 | 5.72 | 2.52 | 6.36 | 38.99 | 90.83 | 198.93 | 444.32 | 340.21 |
Month End As of 30/09/2025 | Currency | YTD | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | 5 Years | 10 Years | 15 Years | Since Inception |
| Fund Overview | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A (acc) EUR - Without Sales Charge (NAV) (%) | EUR | 3.86 | 0.99 | 3.93 | 0.00 | 4.34 | 36.96 | 83.61 | 85.64 | 181.21 | 217.49 | 25/10/2005 | ||
| A (acc) USD - Without Sales Charge (NAV) (%) | USD | 17.72 | 1.35 | 3.59 | 8.56 | 10.03 | 64.10 | 83.87 | 95.06 | 142.11 | 208.21 | 25/10/2005 | ||
| A (Ydis) EUR - Without Sales Charge (NAV) (%) | EUR | 3.88 | 0.98 | 3.93 | -0.03 | 4.30 | 36.95 | 83.53 | 85.60 | 180.76 | 192.62 | 01/09/2006 | ||
| A (Ydis) GBP - Without Sales Charge (NAV) (%) | GBP | 9.55 | 1.82 | 5.68 | 4.22 | 9.35 | 36.16 | 76.24 | 119.01 | 182.59 | 309.32 | 25/10/2005 |
The fund’s returns may increase or decrease as a result of changes to foreign exchange rates.
The value of shares in the Fund and income received from it can go down as well as up, and investors may not get back the full amount invested. Performance details provided are in share class currency, include the reinvested dividends gross of basic rate tax and are net of management fees. Sales charges and other commissions, other taxes and relevant costs to be paid by an investor are not included in the calculations.
Average Annual Total Returns
Average Annual Total Returns
Past performance does not predict future returns.
Chart
Month End As of 30/09/2025 | Currency | 1 Year | 3 Years | 5 Years | 10 Years | 15 Years | Since Inception 10/04/2007 | |
|---|---|---|---|---|---|---|---|---|
| A (acc) EUR-H2 - Without Sales Charge (NAV) (%) | EUR | 7.51 | 13.83 | 11.82 | 5.71 | 5.56 | 3.80 | |
| Linked MSCI World Value Index-NR (%) | EUR | 6.36 | 11.60 | 13.80 | 11.57 | 11.96 | 8.35 |
Month End As of 30/09/2025 | Currency | 1 Year | 3 Years | 5 Years | 10 Years | 15 Years | Since Inception |
| Fund Overview | |
|---|---|---|---|---|---|---|---|---|---|---|
| A (acc) EUR - Without Sales Charge (NAV) (%) | EUR | 4.34 | 11.05 | 12.92 | 6.38 | 7.14 | 5.97 | 25/10/2005 | ||
| A (acc) USD - Without Sales Charge (NAV) (%) | USD | 10.03 | 17.95 | 12.96 | 6.91 | 6.07 | 5.81 | 25/10/2005 | ||
| A (Ydis) EUR - Without Sales Charge (NAV) (%) | EUR | 4.30 | 11.05 | 12.91 | 6.38 | 7.12 | 5.79 | 01/09/2006 | ||
| A (Ydis) GBP - Without Sales Charge (NAV) (%) | GBP | 9.35 | 10.83 | 12.00 | 8.15 | 7.17 | 7.33 | 25/10/2005 |
The fund’s returns may increase or decrease as a result of changes to foreign exchange rates.
The value of shares in the Fund and income received from it can go down as well as up, and investors may not get back the full amount invested. Performance details provided are in share class currency, include the reinvested dividends gross of basic rate tax and are net of management fees. Sales charges and other commissions, other taxes and relevant costs to be paid by an investor are not included in the calculations.
Calendar Year Returns
Calendar Year Returns
Past performance does not predict future returns.
Chart
Month End As of 30/09/2025 | Currency | YTD | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | Performance Inception Date | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A (acc) EUR-H2 - Without Sales Charge (NAV) (%) | EUR | 11.48 | 3.06 | 15.92 | -6.56 | 20.03 | -8.07 | 20.33 | -14.11 | 4.94 | 11.79 | -2.84 | 10/04/2007 | |
| Linked MSCI World Value Index-NR (%) | EUR | 3.01 | 18.91 | 7.74 | -0.39 | 31.20 | 7.72 | 30.02 | -4.11 | 7.51 | 10.73 | 10.42 | — |
Month End As of 30/09/2025 | Currency | YTD | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | Performance Inception Date | Fund Overview | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A (acc) EUR - Without Sales Charge (NAV) (%) | EUR | 3.86 | 8.28 | 15.32 | -2.35 | 26.61 | -13.20 | 25.47 | -9.74 | -2.28 | 12.93 | 4.52 | 25/10/2005 | ||
| A (acc) USD - Without Sales Charge (NAV) (%) | USD | 17.72 | 1.59 | 18.97 | -8.14 | 17.90 | -5.39 | 22.76 | -13.81 | 11.44 | 9.40 | -6.18 | 25/10/2005 | ||
| A (Ydis) EUR - Without Sales Charge (NAV) (%) | EUR | 3.88 | 8.25 | 15.31 | -2.38 | 26.62 | -13.19 | 25.41 | -9.73 | -2.25 | 12.93 | 4.48 | 01/09/2006 | ||
| A (Ydis) GBP - Without Sales Charge (NAV) (%) | GBP | 9.55 | 3.46 | 12.80 | 2.68 | 19.26 | -8.42 | 18.21 | -8.72 | 1.64 | 30.86 | -0.79 | 25/10/2005 |
The fund’s returns may increase or decrease as a result of changes to foreign exchange rates.
The value of shares in the Fund and income received from it can go down as well as up, and investors may not get back the full amount invested. Performance details provided are in share class currency, include the reinvested dividends gross of basic rate tax and are net of management fees. Sales charges and other commissions, other taxes and relevant costs to be paid by an investor are not included in the calculations.
Risk Measures
Risk Measures
| Statistics | 3 Years | 5 Years | 10 Years |
|---|---|---|---|
| Beta | 0.88 | 0.94 | 0.95 |
| Historical Tracking Error | 6.60 | 7.07 | 6.25 |
| Information Ratio | 0.33 | -0.29 | -0.50 |
| Standard Deviation (%) | 3 Years | 5 Years | 10 Years |
|---|---|---|---|
| A (acc) EUR-H2 - Without Sales Charge (NAV) | 11.90 | 14.05 | 14.60 |
| MSCI World Value Index-NR | 11.48 | 12.82 | 13.65 |
| Sharpe Ratio (%) | 3 Years | 5 Years | 10 Years |
|---|---|---|---|
| A (acc) EUR-H2 - Without Sales Charge (NAV) | 0.93 | 0.74 | 0.36 |
The fund’s returns may increase or decrease as a result of changes to foreign exchange rates.
The value of shares in the Fund and income received from it can go down as well as up, and investors may not get back the full amount invested. Performance details provided are in share class currency, include the reinvested dividends gross of basic rate tax and are net of management fees. Sales charges and other commissions, other taxes and relevant costs to be paid by an investor are not included in the calculations.
Portfolio
Assets
Positions
Portfolio Statistics
| Fund | Benchmark | |
|---|---|---|
| Price to Cash Flow | 8.99x | 10.52x |
| Price to Book | 1.90x | 2.41x |
| Price to Earnings (12-Month Trailing) | 17.14x | 18.50x |
Portfolio Allocations
- Assets
- Geography
- Sector
- Market Capitalization
Assets
Asset Allocation
Chart
| Fund | ||
|---|---|---|
| Undervalued Equities | 91.67% | |
| Special Situations | 4.16% | |
| Cash & Other Net Assets | 4.17% |
Any negative cash position reflects a temporary position that is a result of a delay in securities settlement transactions.
Geography
Geographic Allocation
Chart
| Fund | Benchmark | ||
|---|---|---|---|
| 41.28% | 74.09% | ||
| 36.00% | 17.00% | ||
| 16.82% | 6.73% | ||
| 1.73% | 1.88% | ||
| 4.17% | — |
Any negative cash position reflects a temporary position that is a result of a delay in securities settlement transactions.
Sector
Sector Allocation
Chart
| Fund | Benchmark | ||
|---|---|---|---|
| Banks | 9.70% | 13.33% | |
| Health Care Equipment & Services | 8.69% | 4.17% | |
| Media & Entertainment | 8.20% | 5.61% | |
| Pharmaceuticals, Biotechnology & Life Sciences | 8.12% | 7.40% | |
| Financial Services | 7.78% | 8.36% | |
| Capital Goods | 7.03% | 8.44% | |
| Automobiles & Components | 5.63% | 1.74% | |
| Food, Beverage & Tobacco | 5.51% | 4.58% | |
| Materials | 5.35% | 4.43% | |
| Energy | 5.08% | 6.72% | |
| Software & Services | 3.71% | 3.44% | |
| Consumer Durables & Apparel | 2.85% | 0.90% | |
| Insurance | 2.30% | 4.83% | |
| Technology Hardware & Equipment | 2.16% | 2.40% | |
| Telecommunication Services | 1.94% | 2.63% | |
| Utilities | 1.87% | 4.71% | |
| Household & Personal Products | 1.81% | 1.76% | |
| Equity Real Estate Investment Trusts (REITs) | 1.71% | 3.06% | |
| Consumer Staples Distribution & Retail | 1.59% | 1.50% | |
| Semiconductors & Semiconductor Equipment | 1.52% | 3.60% | |
| Commercial & Professional Services | 1.13% | 0.89% | |
| Consumer Discretionary Distribution & Retail | 1.09% | 2.14% | |
| Transportation | 1.03% | 1.73% | |
| Cash & Cash Equivalents | 4.17% | — |
Any negative cash position reflects a temporary position that is a result of a delay in securities settlement transactions.
Market Capitalization
Market Capitalisation Allocation
Chart
| Fund | ||
|---|---|---|
| 10.0-25.0 Billion | 13.02% | |
| 25.0-50.0 Billion | 20.24% | |
| >50.0 Billion | 66.74% |
Any negative cash position reflects a temporary position that is a result of a delay in securities settlement transactions.
Portfolio Holdings
- Holdings
- Top Ten Holdings
Holdings
Holdings
These securities do not represent all of the securities purchased, sold or recommended for clients, and the reader should not assume that investment in the securities listed was or will be profitable.
Top Ten Holdings
Top Issuers
Chart
| Fund | ||
|---|---|---|
| BNP PARIBAS SA | 2.68% | |
| ALPHABET INC | 2.55% | |
| PRUDENTIAL PLC | 2.30% | |
| NOVARTIS AG | 2.25% | |
| ROCHE HOLDING AG | 2.24% | |
| SAMSUNG ELECTRONICS CO LTD | 2.16% | |
| SHELL PLC | 2.05% | |
| AERCAP HOLDINGS NV | 2.05% | |
| TENCENT HOLDINGS LTD | 2.01% | |
| BP PLC | 2.00% |
These securities do not represent all of the securities purchased, sold or recommended for clients, and the reader should not assume that investment in the securities listed was or will be profitable.
Pricing
Pricing History Chart
- 1 Month
- 3 Months
- 6 Months
- YTD
- 1 Year
- 3 Years
- 5 Years
- Since Inception
November 2025
| SuSunday | MoMonday | TuTuesday | WeWednesday | ThThursday | FrFriday | SaSaturday |
|---|---|---|---|---|---|---|
November 2025
| SuSunday | MoMonday | TuTuesday | WeWednesday | ThThursday | FrFriday | SaSaturday |
|---|---|---|---|---|---|---|
Chart
Past performance does not predict future returns. The value of shares in the Fund and income received from it can go down as well as up, and investors may not get back the full amount invested. Historical pricing details provided are in share class currency, calculated NAV, taking into account of reinvestments and capital gain or loss. Sales charges and other commissions, other taxes and relevant costs to be paid by an investor are not included in the calculations.
Highest / Lowest NAV
| Year | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Highest NAV | €20.46 As on 27/10/2025 | €18.68 As on 25/11/2024 | €17.34 As on 28/12/2023 | €16.86 As on 14/01/2022 | €16.23 As on 15/11/2021 | €14.73 As on 17/01/2020 | €14.56 As on 27/12/2019 | €14.75 As on 26/01/2018 | €14.24 As on 27/07/2017 | €13.49 As on 27/12/2016 |
| Lowest NAV | €16.71 As on 08/04/2025 | €17.11 As on 17/01/2024 | €14.86 As on 17/03/2023 | €13.50 As on 30/09/2022 | €13.26 As on 04/01/2021 | €8.88 As on 23/03/2020 | €11.95 As on 03/01/2019 | €11.60 As on 24/12/2018 | €13.46 As on 23/01/2017 | €10.23 As on 11/02/2016 |
Historical Data - Daily Fund Prices
- 1 Month
- 3 Months
- 6 Months
- YTD
- 1 Year
- 3 Years
- 5 Years
- Since Inception
November 2025
| SuSunday | MoMonday | TuTuesday | WeWednesday | ThThursday | FrFriday | SaSaturday |
|---|---|---|---|---|---|---|
November 2025
| SuSunday | MoMonday | TuTuesday | WeWednesday | ThThursday | FrFriday | SaSaturday |
|---|---|---|---|---|---|---|
Historical Pricing Results From 30/09/2025 To 31/10/2025
| Date | NAV | NAV Change | NAV Change (%) |
|---|---|---|---|
| 31/10/2025 | €19.99 | €0.02 | 0.10% |
| 30/10/2025 | €19.97 | €-0.12 | -0.60% |
| 29/10/2025 | €20.09 | €-0.27 | -1.33% |
| 28/10/2025 | €20.36 | €-0.10 | -0.49% |
| 27/10/2025 | €20.46 | €0.10 | 0.49% |
| 24/10/2025 | €20.36 | €0.04 | 0.20% |
| 23/10/2025 | €20.32 | €0.05 | 0.25% |
| 22/10/2025 | €20.27 | €0.01 | 0.05% |
| 21/10/2025 | €20.26 | €-0.03 | -0.15% |
| 20/10/2025 | €20.29 | €0.13 | 0.64% |
| 17/10/2025 | €20.16 | €0.13 | 0.65% |
| 16/10/2025 | €20.03 | €-0.08 | -0.40% |
| 15/10/2025 | €20.11 | €0.06 | 0.30% |
| 14/10/2025 | €20.05 | €0.15 | 0.75% |
| 13/10/2025 | €19.90 | €0.20 | 1.02% |
| 10/10/2025 | €19.70 | €-0.42 | -2.09% |
| 09/10/2025 | €20.12 | €-0.09 | -0.45% |
| 08/10/2025 | €20.21 | €0.03 | 0.15% |
| 07/10/2025 | €20.18 | €-0.02 | -0.10% |
| 06/10/2025 | €20.20 | €0.06 | 0.30% |
| 03/10/2025 | €20.14 | €0.12 | 0.60% |
| 02/10/2025 | €20.02 | €0.03 | 0.15% |
| 01/10/2025 | €19.99 | €0.08 | 0.40% |
| 30/09/2025 | €19.91 | €0.05 | 0.25% |
Documents
- Product Literature
- Regulatory Documents
Product Literature
Fact Sheet - Franklin Mutual Global Discovery Fund (A (acc) EUR-H2)
Regulatory Documents
Key Information Document - Franklin Mutual Global Discovery Fund A (acc) EUR-H2
Prospectus - Franklin Templeton Investment Funds (FTIF)
투자설명서 - Franklin Templeton Investment Funds (FTIF)
Annual Report (Abridged) - Franklin Templeton Investment Funds (FTIF)
Annual Report (full) - Franklin Templeton Investment Funds (FTIF)
Semi Annual Report (full) - Franklin Templeton Investment Funds (FTIF)
Semi-Annual Report (abridged) - Franklin Templeton Investment Funds (FTIF)
Articles of Incorporation - Franklin Templeton Investment Funds (FTIF)
Important Information
This fund meets the requirements under Article 8 of the EU Sustainable Finance Disclosure Regulation (SFDR); the fund has binding commitments in its investment policy to promote environmental and/or social characteristics and any companies in which it invests should follow good governance practices.
Further information in relation to the sustainability-related aspects of the Fund can be found at franklintempleton.lu/SFDR. Please review all of the fund's objectives and characteristics before investing.
CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
Footnotes
The above listed Funds prices are unconfirmed unless stated otherwise and for information only, as they have not yet been verified by the Administrative Agent of the relevant Funds. Neither the Fund itself nor Franklin Templeton accepts responsibility for any reliance placed on the prices indicated and the information included in this data file. Purchase, exchange and redemptions of Shares can only be made on the basis of confirmed prices. Confirmed prices may be obtained after 12pm noon from Franklin Templeton.
The charges are the fees the fund charges to investors to cover the costs of running the Fund. Additional costs, including transaction fees, will also be incurred. These costs are paid out by the Fund, which will impact on the overall return of the Fund.
Fund charges will be incurred in multiple currencies, meaning that payments may increase or decrease as a result of currency exchange fluctuations.
All charges will be paid out by the Fund, which will impact on the overall return of the Fund.Price to Earnings (12-mo Trailing) measures the current price to earnings ratio (P/E) relative to the trailing 12 months of reported earnings.