Franklin International Small Cap Fund
Data updated: 2023-03-27
C000020417 — Franklin International Small Cap Fund. Europe Small Cap Blend / Core Equity · $49.00M AUM. Holdings, fees, performance and SEC filings.
C000020417 Fund Overview
Franklin International Small Cap Fund is a US mutual fund managed by Franklin Global Trust, categorised as Europe Small Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Franklin Global Trust
- Category: Europe Small Cap Blend / Core Equity
- Assets under management: $49.00M
- 1-year return: -5.8%
- SEC CIK: 0001124459
- SEC series ID: S000007443
- Share class ID: C000020417
C000020417 Investment Objective and Strategy
Franklin International Small Cap Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Franklin Global Trust.
Investment objective
Long-term capital appreciation.
Principal investment strategy
"Under normal market conditions, the Fund invests at least 80% of its net assets in a diversified portfolio of marketable equity and equity-related securities of smaller international companies. Smaller international companies are companies with market capitalizations not exceeding (i) $5 billion or the equivalent in local currencies or (ii) the highest market capitalization in the Morgan Stanley Capital International (MSCI) Europe, Australasia, Far East (EAFE) Small Cap Index, whichever is greater, at the time of purchase. The equity securities in which the Fund primarily invests are common stock. The Fund's investment manager generally intends to maintain a more focused portfolio consisting of approximately 25-45 securities. The Fund may invest a portion of its assets in emerging markets securities and may, from time to time, have significant investments in a particular sector or country.
In choosing individual equity investments, the Fund's investment manager utilizes a fundamental ""bottom-up"" approach involving in-depth proprietary analysis of individual equity securities. In narrowing down the universe of eligible investments, the investment manager employs a quantitative and qualitative approach to identify smaller international companies that the investment manager believes have the potential to generate attractive returns with lower downside risk. Overall, the investment manager seeks to invest in quality companies with attractive valuations. The investment manager does not select investments for the Fund that are merely representative of the small cap asset class, but instead aims to produce a portfolio of securities of exceptional companies operating in sectors that offer attractive potential.
While the investment manager seeks to outperform the MSCI EAFE Small Cap (Net Dividends) Index, positions may be taken by the Fund that are not represented in that index."
C000020417 Holdings
Top 10 holdings of Franklin International Small Cap Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Total Produce PLC Ord Eur.01 | 4.61% |
| Liberty Latin America Ltd ORD USD .01 CL A | 4.07% |
| Imcd Group NV Ord EUR Npv | 3.71% |
| Biffa PLC Ord Gbp.0001 | 3.58% |
| Orion Corp/Republic of Korea ORD KRW 500 | 3.51% |
| Bml, Inc. Ord Jpy1 | 3.50% |
| Shurgard Self Storage SA ORD EUR 1 | 3.33% |
| Hansen Technologies Ltd. Ord Aud Npv | 3.23% |
| Headlam Group PLC Ord Gbp.05 | 3.17% |
| Clarkson PLC Ord Gbp0.25 | 3.09% |
C000020417 Portfolio Allocation
Asset-class allocation of Franklin International Small Cap Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.4% |
C000020417 Performance
Total returns for C000020417 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -5.8% |
| 3 years (annualised) | -1.0% |
C000020417 Risk Information
Risk metrics for C000020417, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 24.9%
C000020417 Costs and Fees
C000020417 costs about $105 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.05%
- Gross expense ratio: 1.38%
- Portfolio turnover: 115%
- Brokerage commissions: 7.06 bps of average net assets (SEC N-CEN)
C000020417 Cashflows
Over the 12 months to 2023-01, Franklin International Small Cap Fund had net outflows of $19.22M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-01 | −$11.79M |
| 2022-12 | $639.17K |
| 2022-11 | −$663.27K |
| 2022-10 | −$640.45K |
| 2022-09 | −$1.36M |
| 2022-08 | −$982.46K |
C000020417 Debt Constituents
No individual debt constituents are reported in Franklin International Small Cap Fund's latest SEC N-PORT filing.
C000020417 Prospectus and SEC Filings
Official Franklin International Small Cap Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-11-25
- Prospectus (485BPOS) — filed 2021-11-26
- Prospectus supplement (497) — filed 2022-10-06
- Portfolio holdings (N-PORT) — filed 2023-03-27
- Portfolio holdings (N-PORT) — filed 2022-12-22
- Portfolio holdings (N-PORT) — filed 2022-09-22
- Annual census (N-CEN) — filed 2022-10-11
- Annual census (N-CEN) — filed 2021-10-08
Related Funds
Other Europe Small Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.