Franklin Global Real Estate Fund W(acc) USD

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Performance History30/11/2021
Growth of 1,000 (GBP) Advanced Graph
Franklin Global Real Estate Fund W(acc) USD
Fund0.2-1.117.4-9.523.7
+/-Cat-2.91.10.3-0.72.2
+/-B’mrk-4.9-1.4-1.42.53.8
 
Key Stats
NAV
03/12/2021
 USD 13.21
Day Change 0.28%
Morningstar Category™ Property - Indirect Global
ISIN LU1626020983
Fund Size (Mil)
31/10/2021
 USD 163.28
Share Class Size (Mil)
29/10/2021
 USD 6.12
Max Initial Charge -
Ongoing Charge
24/01/2021
  1.08%
Morningstar Research
Analyst Report

The transition of Franklin Global Real Estate from Franklin Real Asset Advisors to the Franklin Equity Group in September 2019 left it in the hands of two managers who lack appropriate research resources. They have implemented a new approach that...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeopleBelow Average
ParentAverage
ProcessAverage
Performance
Price
Investment Objective: Franklin Global Real Estate Fund W(acc) USD
The Fund’s investment objective is to maximise total investment return consisting of income and capital appreciation. The Investment Manager seeks to achieve its investment objective by investing in real estate investment trusts (“Real Estate Investment Trusts” or “REITs”) and other real estate and real estate-related companies (including small to mid-sized companies) whose principal business is financing, dealing, holding, developing and managing real estate and which are located around the world, including emerging markets. “REITs” are companies the shares of which are listed on a stock exchange, which invest a significant portion of their net assets directly in real estate and which profit from a special and favourable tax regime. These investments of the Fund shall qualify as transferable securities. The Fund seeks to invest in companies across a wide range of real estate sectors and countries.
Returns
Trailing Returns (GBP)03/12/2021
YTD24.29
3 Years Annualised7.41
5 Years Annualised*6.70
10 Years Annualised*9.07
12 Month Yield 0.00
Management
Manager Name
Start Date
Daniel Scher
03/09/2019
Blair Schmicker
03/09/2019
Inception Date
23/06/2017
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
FTSE EPRA Nareit Developed TR USDFTSE EPRA Nareit Global TR USD
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNot Specific
GrowthYes
IncomeYes
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  Franklin Global Real Estate Fund W(acc) USD31/10/2021
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock99.440.0099.44
Bond0.000.000.00
Property0.000.000.00
Cash0.740.180.56
Other0.000.000.00
Top 5 Regions%
United States58.74
Japan9.44
Eurozone9.00
Asia - Developed6.74
United Kingdom5.91
Top 5 Sectors%
Real Estate99.23
Communication Services0.77
Top 5 HoldingsSector%
Prologis IncReal EstateReal Estate6.84
Equinix IncReal EstateReal Estate3.52
Public StorageReal EstateReal Estate3.35
AvalonBay Communities IncReal EstateReal Estate3.32
UDR IncReal EstateReal Estate2.81
Franklin Global Real Estate Fund W(acc) USD

Related

* This share class has performance data calculated prior to the inception date, 2017-06-23. This is based upon a simulated/extended track record, using the track record of Franklin Global Real Estate A(acc)USD (ISIN: LU0229948087), and is in accordance with Morningstar’s Extended Performance Methodology paper. To find out more about this, click here.
In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)