Fund Description

The fund seeks capital appreciation. Its strategy is focused on undervalued mid- and large-cap equity securities, with a significant portion of its assets in foreign securities and, to a lesser extent, distressed securities and merger arbitrage.

Strategy Statement

"We look where investors are discouraged because there's often overlooked opportunities. We search for undervalued companies poised to benefit from increased market recognition and internal catalysts. "

Peter Langerman

Management

Peter Langerman

Peter Langerman

  • Joined Franklin Templeton in 1986
  • Managed Fund Since 2009
Philippe Brugere-Trelat

Philippe Brugere-Trelat

  • Joined Franklin Templeton in 1984
  • Managed Fund Since 2009
Tim Rankin, CFA

Tim Rankin, CFA®

  • Joined Franklin Templeton in 1997
  • Managed Fund Since 2010
Christian Correa, CFA, MBA

Christian Correa, CFA®, MBA

  • Joined Franklin Templeton in 2003
  • Managed Fund Since 2018

Rating

Overall Morningstar Rating As of 01/31/2018

Rating Category: World Large Stock

Morningstar
The fund's overall Morningstar Rating measures risk-adjusted returns and is derived from a weighted average of the performance figures associated with its 3-, 5- and 10-year (if applicable) rating metrics.

Historical Morningstar Rating As of 01/31/2018

Years Ratings Funds
in category
3
1 Stars
709
5
2 Stars
583
10
5 Stars
331

Morningstar Style Box

We do not publish a style box for this fund.

Strategy, Benefits, Results

Strategy

At Franklin Mutual Series, we focus on recognizing value that other investors might miss.

Our goal is to deliver solid, risk-adjusted returns, year in and year out. Over the last 60 years, Franklin Mutual Series' consistent, deep value approach has benefited shareholders with long-term investment horizons.

  • Opportunistic Value Investors. Our core investments are in undervalued stocks with viable catalysts that we believe will change the way the market views their true worth.
  • Think and Act Like Company Owners. We won't hesitate to become activist investors if our shareholders' interests need to be protected.
  • Strive To Reduce Risk. Our unique strategy has historically provided the fund with lower volatility than the overall market and has enabled us to deliver strong results over the long term.

Benefits

  • Diversification. With the ability to invest up to 100% in foreign securities, we seek strong investment opportunities anywhere around the world.
  • A Record of Low Volatility.
  • Performance in All Types of Markets. Franklin Mutual Global Discovery Fund has aimed to achieve long-term growth in up, down and sideways market cycles.

Selling The Fund

  1. Highlight the fund's stellar long-term track record, especially its historical performance in down and sideways markets.

  2. Point out the fund's record of low volatility when compared to its benchmark MSCI World Index.

  3. Emphasize the fund's risk-conscious approach to investing.

  4. Highlight the fund’s diverse geographic breakdown.

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