Franklin Mutual European Fund

Investment Objective and Strategy

The fund seeks long-term capital appreciation by investing primarily in the equity and debt securities of companies incorporated or having their principal activities in European countries.

Uncovering attractive opportunities. The fund takes a flexible approach to investing that focuses on identifying undervalued opportunities across Europe with upside potential as well as opportunistic investments in merger arbitrage and distressed securities situations.

Thinking and acting like company owners. Portfolio managers conduct their own rigorous proprietary research, one company at a time, so as to select only those securities trading at a significant discount to what they believe to be their intrinsic worth. They are also active in communications with company management teams in the interest of shareholders.

An actively managed European fund. Taking a benchmark-agnostic approach to investing, the fund utilizes a bottom-up investment perspective and invests across a variety of sectors, countries and asset classes to create a diversified portfolio.

FUND MANAGERS

Katrina Dudley

  • New Jersey, United States
  • Years with firm: 16
  • Years of experience: 21

Mandana Hormozi

  • New Jersey, United States
  • Years with firm: 15
  • Years of experience: 28