Franklin Global Real Estate Fund A(acc)USD

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Performance History31/08/2021
Growth of 1,000 (GBP) Advanced Graph
Franklin Global Real Estate Fund A(acc)USD
Fund-0.3-1.816.4-10.321.6
+/-Cat-3.30.4-0.6-1.52.0
+/-B’mrk-5.3-2.1-2.41.73.1
 
Key Stats
NAV
24/09/2021
 USD 15.22
Day Change -0.80%
Morningstar Category™ Property - Indirect Global
ISIN LU0229948087
Fund Size (Mil)
31/08/2021
 USD 161.64
Share Class Size (Mil)
31/08/2021
 USD 57.86
Max Initial Charge 5.75%
Ongoing Charge
24/01/2021
  1.88%
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 A(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)24/09/2021
YTD17.84
3 Years Annualised5.85
5 Years Annualised3.12
10 Years Annualised8.64
12 Month Yield 0.00
Management
Manager Name
Start Date
Daniel Scher
03/09/2019
Blair Schmicker
03/09/2019
Inception Date
29/12/2005
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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 A(acc)USD31/08/2021
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock99.180.0099.18
Bond0.000.000.00
Property0.000.000.00
Cash0.760.000.76
Other0.060.000.06
Top 5 Regions%
United States57.30
Eurozone10.43
Japan9.95
Asia - Developed6.66
United Kingdom6.51
Top 5 Sectors%
Real Estate99.15
Communication Services0.85
Top 5 HoldingsSector%
Prologis IncReal EstateReal Estate6.28
Vonovia SEReal EstateReal Estate3.27
Public StorageReal EstateReal Estate3.21
AvalonBay Communities IncReal EstateReal Estate3.17
Equinix IncReal EstateReal Estate3.01
Franklin Global Real Estate Fund A(acc)USD

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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)
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