Quick Stats

Bid Price - Offer Price -
Mid Price GBX 262.06 Day Change GBX -1.25 (-0.47%)
Price Date 23 Nov 2017 Crown Rating 1
Shares Class Inc. Yield 0.69 %
Total Expense Ratio 1.75 Fund Size 9,837,306.76
Launch Date 08/09/2003 Standard Initial Charge (%) 5.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 1.50 Sector IMA UK Equity Income
Min Investment (£) 1,000.00 Total Expense Ratio (%) 1.75
ISIN GB0033305110 Min TopUp (£) 250.00

Fund Objective

The Fund’s primary objective is long-term capital appreciation by investing primarily in US equity and related debt securities. Income generation is a secondary consideration.

Fund Managers

Peter Langerman
Peter Langerman is chairman, president and CEO of Franklin Mutual Advisers, LLC (referred to as Mutual Series). He is co-portfolio manager of the Canadian Mutual Global Discovery Fund. He is also portfolio manager of the Luxemburg-registered FTIF Franklin Mutual Beacon Fund. Mr. Langerman initially joined Heine Securities Corporation (predecessor of Franklin Mutual Advisers, LLC) in June 1986. He served as CEO of Mutual Series beginning in 1998 and as chairman of the fund boards beginning in 2001, before leaving in 2002 to serve as director of New Jersey's Division of Investment, overseeing employee pension funds. He rejoined Mutual Series in 2005. Prior to 1986, Mr. Langerman was employed by Weil, Gotshal & Manges, one of the country's foremost specialists in large corporate bankruptcies and reorganizations. Mr. Langerman began his professional career in 1977 serving on the audit staff of Arthur Young and Company, where he earned his CPA designation. Mr. Langerman graduated magna cum laude from Yale University, earning his Bachelor of Arts degree in Russian studies. He holds a master's degree in accounting from New York University Graduate School of Business and received his Juris Doctor degree from Stanford University Law School. Mr. Langerman is treasurer and a member of the Board of Trustees of The Hopkins School (New Haven, CT), a member of the executive committee of United Jewish Communities MetroWest New Jersey, and past president of Temple Sinai (Summit, NJ).
Debbie Turner
Debbie Turner is an assistant portfolio manager for Mutual Series. She has been in this role for Mutual Shares Fund since 2001 and is also portfolio manager of the Luxemburg-registered FTIF Franklin Mutual Beacon Fund. Ms. Turner specializes in analyzing several consumer industries including retail, gaming, lodging, leisure, restaurants, apparel, food, bottling companies and tobacco in North America and Europe. Ms. Turner has more than 17 years of experience in the investment management industry. Prior to joining Mutual Series in 1993, she was an associate analyst for Fred Alger Management. Ms. Turner earned a B.A. in economics from Vassar College. She is a Chartered Financial Analyst (CFA) Charterholder.