Grant Bowers, Portfolio Manager for the Franklin US Opportunities Fund at Franklin Templeton
Sandeep Singh, Regional Head, Central and Eastern Europe, Middle East and Africa at Franklin Templeton
Franklin US Opportunities Fund selected
Franklin Templeton is pleased to announce that the Franklin US Opportunities Fund won in its respective category at the 26th annual Raging Bull Awards ceremony, recently held virtually in Cape Town. The event recognizes outstanding performance by unit trust fund managers in selecting investments for their portfolios, taking into account consistency and aversion to risk.
The Franklin US Opportunities Fund won the Best (FSCA-approved) Offshore United States Equity General Fund award. This certificate was awarded for Top Performance by a foreign [non-rand-denominated] collective investment scheme for the three-year period ending December 2021.
The Franklin US Opportunities Fund aims to achieve capital appreciation by investing principally in equity securities of US companies believed to possess sustainable growth characteristics and which meet growth, quality and valuation criteria. These include small, medium, and large capitalization companies with strong growth potential across a wide range of sectors that have exceptional growth potential and fast growing, innovative companies within these sectors.
Commenting on his outlook for the US market, Grant Bowers, Portfolio Manager for the Franklin US Opportunities Fund, said: “The US economy has been on a path of sustained post-pandemic recovery that we expect to continue in 2022. US growth has remained stronger than other developed markets, supported by healthy consumer spending and strong corporate earnings. While the economic backdrop appears robust, we acknowledge that 2022 may bring an increase in financial market volatility from variables such as inflation, interest rates and the coronavirus. However, we continue to see opportunities to invest in what we consider to be high-quality businesses with sustainable growth drivers that are not reflected in current valuations.”
Commenting on the award win, Sandeep Singh, Regional Head, Central and Eastern Europe, Middle East and Africa, Franklin Templeton, said: “We are delighted that the Franklin US Opportunities Fund has again won at this year’s Raging Bull Awards. Managed by a tenured investment team with in-depth expertise of the US market, the strategy continues to offer South African investors access to US companies with strong growth potential. For almost 15 consecutive years, Franklin Templeton funds have been recognized at this prestigious industry event, testimony to the strength and depth of our investment strategies.”
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