C000162178 Performance — Franklin Global Market Neutral Fund, Class IS
Data updated: 2023-08-24
C000162178 returned +9.62% over one year to Jun 2023. The annualised 3-year return is +7.45%. The fund beat its Emerging Markets Real Estate category average: $100 invested three years ago grew to $124, against $112 for the category, and to $110 over one year, against $103. Volatility over the past three years was 6.01% a year. In the 12 months to Jun 2023 the fund took in a net $34.7M, and assets reached $36.84M.
C000162178 Growth of $100
What $100 invested in Franklin Global Market Neutral Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Real Estate category average over the same months.
| Period | C000162178 | Category average |
|---|---|---|
| 1 year (Jul 2022 – Jun 2023) | $110 | $103 |
| 3 years (Jul 2020 – Jun 2023) | $124 | $112 |
| Since data start (Jul 2019 – Jun 2023) | $117 | $107 |
C000162178 Trailing Returns
Total returns to Jun 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +9.62% |
| 3 years (annualised) | +7.45% |
C000162178 Annual Returns
Calendar-year total returns of Franklin Global Market Neutral Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Jun) | +3.94% |
| 2022 | +8.19% |
| 2021 | +16.05% |
| 2020 | −6.79% |
| 2019 (Jul–Dec) | −3.66% |
C000162178 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | −0.3% | +2.0% | −1.0% | 0.0% | −0.4% | +3.7% | — | — | — | — | — | — |
| 2022 | +2.3% | +0.6% | −1.6% | +1.5% | +2.0% | −2.2% | −0.5% | +0.5% | +0.9% | +2.4% | +0.3% | +1.8% |
| 2021 | +2.9% | −0.4% | +4.0% | +0.9% | +2.3% | −0.3% | +1.3% | −0.4% | −0.1% | +0.5% | +1.8% | +2.9% |
| 2020 | −1.4% | −2.0% | −0.6% | +2.0% | +0.2% | −0.2% | +1.5% | −1.3% | −0.4% | −0.8% | −4.7% | +0.7% |
| 2019 | — | — | — | — | — | — | −0.1% | −3.3% | +1.2% | −0.3% | −1.4% | +0.3% |
C000162178 Risk
Risk measures from monthly returns over Jul 2020 – Jun 2023.
- 3-year volatility (annualised): 6.01%
- 3-year Sharpe ratio: 0.49 (vs 4.5% risk-free rate)
- Best month: +3.95% (Mar 2021)
- Worst month: −4.66% (Nov 2020)
C000162178 Fund Flows
Monthly money in and out of Franklin Global Market Neutral Fund, from SEC Form N-PORT.
- 12-month net flow: $34.7M
- 12-month gross sales (incl. reinvestments): $19.4M
- Sales ÷ redemptions: -1.26×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2023 | $42K | −$630K | $673K |
| May 2023 | $137K | −$671K | $808K |
| Apr 2023 | $377K | −$673K | $1.0M |
| Mar 2023 | $598K | −$644K | $1.2M |
| Feb 2023 | $314K | −$703K | $1.0M |
| Jan 2023 | $204K | −$2.3M | $2.5M |
| Dec 2022 | $6.7M | −$742K | $7.5M |
| Nov 2022 | $676K | −$2.9M | $3.6M |
| Oct 2022 | $3.4M | −$3.1M | $6.5M |
| Sep 2022 | $4.1M | −$770K | $4.9M |
| Aug 2022 | $1.1M | −$385K | $1.4M |
| Jul 2022 | $1.7M | −$1.8M | $3.5M |
C000162178 Assets Under Management
Net assets of Franklin Global Market Neutral Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-06-30 | $36.84M |
| 2023-03-31 | $37.08M |
| 2022-12-30 | $39.43M |
| 2022-09-30 | $39.82M |
| 2022-06-30 | $35.59M |
| 2022-03-31 | $97.12M |
| 2021-12-31 | $72.60M |
| 2021-09-30 | $69.81M |
| 2021-06-30 | $69.65M |
| 2021-03-31 | $66.69M |
| 2020-12-31 | $55.91M |
| 2020-09-30 | $58.25M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.