Franklin Templeton Investments1 is pleased to announce that Franklin European Growth Fund and Templeton Euroland Fund both won in their respective categories at the annual Raging Bull Awards 2015 held in Cape Town on January 28, 2015.
Franklin European Growth Fund2 won the Best (FSB-Approved) Offshore Europe Equity Growth Fund on a Risk-Adjusted Basis while Templeton Euroland Fund2 was adjudged the Best (FSB-Approved) Offshore Europe Equity General Fund.
Last year, Templeton Euroland Fund2 and Franklin Global Small-Mid Cap Growth Fund2 won Raging Bull awards for Best (FSB-approved) Offshore Europe Equity General Fund and Best (FSB-approved) Offshore Global Equity General Fund respectively.
The Raging Bull Awards recognise the stars of the collective investment or unit trust industry in terms of top outright performers and best risk-adjusted performers over three years, and the best unit trust management companies.
The Franklin European Growth Fund aims to achieve long-term capital appreciation by investing principally in equity and/or equity-related securities of companies of any market capitalisation in European countries. The team uses a long-term, bottom-up approach to stock selection, evaluating companies on an individual basis. It tends to be contrarian in style, with its philosophy and process often leading to segments of the market that are out of favour with other investors. The team seeks to take advantage of market volatility to gain exposure to companies with strong and sustainable competitive advantages, solid balance sheets and substantial cash generation, which are trading at low valuations. The fund is managed by Uwe Zoellner, Head - Franklin European Equity and Robert Mazzuoli, Portfolio Manager and Research Analyst.
The Templeton Euroland Fund aims to achieve long-term capital appreciation by investing mainly in equity and debt securities of European Monetary Union member country governments and companies with at least 75% of its assets in equity securities issued by companies which have their head office in the European Union. The Fund is managed by Heather Arnold, Dylan Ball & Peter Moeschter, portfolio managers, Templeton Global Equity Group.
Commenting on the Fund House’s latest Raging Bull wins, Jo-Anne Bailey, Sales Director & Country Manager for Africa, Franklin Templeton Investments., said:
"It is fantastic to see that our funds have again been recognised for their strong performance. Industry accolades such as these underscore Franklin Templeton’s investment expertise in managing regional and global portfolios, which are accessible to South African clients seeking to diversify their investments, and who are looking beyond the local market for attractive opportunities. We are seeing increased interest from our investors in global diversification and the benefits of investing offshore and we believe this will continue to be a key focus for investors in the future."