Fund Objective Franklin Gold and Precious Metals Fund primarily invests in the securities of companies around the world that mine, process or deal in gold and other precious metals such as platinum, palladium and silver. Its secondary goal is to achieve current income through dividends.
Investment Philosophy
Identify and invest in companies with:
• Long-term revenue growth visibility
• Superior profitability
• Sustainable and meaningful competitive advantage
Benefits of Investing in Gold and Precious Metals:
•
Potential Inflation Protection Gold and precious metals and their linked securities tend to rise in value during times of inflation, and thus can provide a hedge against increases in long-term inflation.
•
Reduces Overall Volatility of Your Portfolio Including gold equities in a portfolio may potentially reduce volatility because of the underlying precious metal's low correlation with major asset classes. This makes gold equities an attractive addition to a diversified portfolio over the long-term.
•
Safe Haven Status and Store of Value Precious metals, such as gold, are attractive because they are a hard asset that is not tied to any particular country or financial system, possibly providing stability in periods of economic uncertainty.
•
Universal Currency Gold has a long history as a unit of trade and is accepted all around the world. The precious metal is valued as a hard asset because it is rare, uniform and portable. Globally, central banks hold vast quantities of gold and historically have used it for international transactions.
•
Limited Annual Supply Growth Despite rising gold prices over the last several years, mine supply has actually declined. New mines are typically located in more difficult locations, limiting the ability to grow supply quickly.
•
Hedge Against a Weak US Dollar While the returns of gold are lowly-correlated to global stocks and bonds, it has an inverse relationship with the dollar. When the dollar is down, gold tends to be up, and vice versa. This can help counteract the effect of a depreciating dollar.
Why Choose Equities over Physical Metals?
•
Benefit from Gold Price Increases Stocks of gold and precious metals companies are beneficiaries of rising prices of their underlying metals.
•
Exploration Upside & Company Specific Advantages Gold mining companies also profit from discovery of new mines, production growth and new mining technology.
•
Dividend Income Gold and precious metals companies may pay dividends to its investors.
•
Opportunity to Identify Undervalued Assets Equity investors can benefit from fundamental research on undervalued companies.
•
Costs Associated with Physical Metals Investing in physical metals comes with transaction, storage costs and consumption tax, while investing in related companies do not.
Why Invest in Franklin Gold & Precious Metals Fund?
•
Franklin Templeton Has a Long History of Investing in Gold & Precious Metals Franklin Templeton has been investing in gold and precious metals more than 40 years ago, when the U.S.-registered Franklin Gold and Precious Metals Fund started in 1969. The Fund is one of the oldest and largest gold focused mutual funds in the United States.
•
Diversification Within Precious Metals Means Even Lower Volatility The fund will invest in multiple securities - in gold, silver, palladium and platinum related companies, providing investors with further diversification within precious metals assets.
•
Global Investment Research and Trading Platform The investment team has access to the research of the entire Franklin Global Advisers Equity Team, a global investment platform with more than 60 investment professionals, the global bond group which provides views on currencies, political risk and other country specific details and the firm's global trading desk which provides direct access to foreign markets positioned around the world.
FTIF - Franklin Gold and Precious Metals Fund
Launch Date
30 April 2010
Benchmark
FTSE Gold Mines Index
Investment Style
Top-down & bottom-up
Currency
SGD
USD, EUR and GBP
Subscription
Cash, SRS
Cash
Minimum Initial Investment
SGD 1,000
USD 1,000
Minimum Subsequent Investment
SGD 500
USD 500
Sales Charge
Up to 5%
Management Fee
1.85% (including maintenance charge)
Stephen Land, CFA Vice President, Portfolio Manager Franklin Global Advisers
Stephen Land is a vice president, portfolio manager and research analyst for Franklin Global Advisers. Mr. Land is the lead portfolio manager of the FTIF Franklin Gold and Precious Metals Fund and has research responsibilities for companies in the metals and mining, steel, paper and packaging industries. He is also a member of the portfolio management team for the FTIF Franklin Natural Resources Fund.
Mr. Land joined the Franklin Templeton Management Training Program in 1997. He earned his B.S. in managerial economics from the University of California, Davis. Mr. Land is a Chartered Financial Analyst (CFA) Charterholder and a member of the Securities Analysts of San Francisco (SASF).
Fred Fromm, CFA Vice President, Portfolio Manager Franklin Global Advisers
Fred Fromm is a vice president, portfolio manager and senior security analyst for Franklin Global Advisers. Mr. Fromm specializes in equity research analysis of the integrated oil and oilfield services industries. In addition to his current responsibilities, Mr. Fromm has extensive experience as an analyst covering the building materials, engineering and construction, environmental services, electrical equipment, and media and entertainment industries. Mr. Fromm is also the lead portfolio manager of FTIF Franklin Natural Resources Fund and a member of the portfolio management team for FTIF Franklin Gold and Precious Metals Fund.
The U.S. domiciled Franklin Gold and Precious Metals Fund is neither registered nor available for distribution in Luxembourg and Singapore, and is mentioned for illustrative purpose only.
Singapore investors can invest in the Luxembourg-domiciled Franklin Gold and Precious Metals Fund, which is registered in Singapore.
This site is intended for Singapore investors only and using it means you agree to our Terms of Use and Privacy Policy.
