3 Franklin Templeton Mutual Funds for Striking Gains
Founded in 1947, Franklin Templeton Investments prides itself in offering "exceptional asset management" to clients in more than 165 nations. It has offices in more than 30 countries and approximately 1,300 investment professionals. With around $1.6 trillion assets under management as of the end of June 2021, Franklin Templeton Investments is a well-known global investment management firm. The company offers investment management strategies and integrated risk management solutions to individuals, institutions, pension plans, trusts and partnerships.
Below we share with you three best-ranked Franklin Templeton mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of all Franklin Templeton mutual funds, their Zacks Rank and past performance.
Franklin Emerging Market Debt Opportunities Fund FEMDX aims for high total return. The fund invests the majority of its assets in debt securities of emerging market countries. Generally, emerging market countries include those considered as developing by the World Bank. FEMDX has three-year annualized returns of 5.9%.
As of the end of June 2021, FEMDX held 98 issues with 3.50% of its assets invested in Mexico (United Mexican States) 8%.
Franklin DynaTech Fund Advisor Class FDYZX aims for capital appreciation. The fund invests the majority of assets in common stocks of companies that the fund manager believes are leaders in innovation, take advantage of new technologies, have superior management, and benefit from new industry conditions in the dynamically changing global economy. FDYZX has three-year annualized returns of 29.2%.
FDYZX has an expense ratio of 0.60% compared with the category average of 1.00%.
Franklin Gold and Precious Metals Fund Class A FKRCX aims for capital growth. The fund normally invests majority of its assets in securities of companies that operate in the area of gold and precious metals. It may invest in companies located anywhere in the world and invests predominantly in non-U.S. companies. FKRCX is a non-diversified fund that invests in companies of all market capitalizations. It has returned 23.4% in the past three years.
Steve M. Land is one of the fund managers of FKRCX since 1999.
To view the Zacks Rank and the past performance of all Franklin Templeton mutual funds, investors can click here to see the complete list of funds.
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