Fund Description

The fund seeks capital appreciation with income as a secondary goal. Its strategy is focused on undervalued mid- to large-cap equity securities with a significant portion of its assets in foreign securities. The fund also invests in merger arbitrage securities and securities of distressed companies.

Strategy Statement

"Our goal is to deliver attractive, risk-adjusted returns over the long run. We don't make macro calls on the economy, instead focusing on identifying what a business is worth through careful research."

Shawn Tumulty

Management

Shawn Tumulty

Shawn Tumulty

  • Joined Franklin Templeton in 2000
  • Managed Fund Since 2003
Keith W. Luh, CFA

Keith W. Luh, CFA®

  • Joined Franklin Templeton in 2005
  • Managed Fund Since 2010

INVESTMENT PHILOSOPHY, STRATEGY AND APPROACH

Rating

Overall Morningstar Rating As of 06/30/2020

Rating Category: World Allocation

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 06/30/2020

Years Ratings Funds
in category
3
1 Stars
399
5
1 Stars
342
10
2 Stars
207

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We do not publish a style box for this fund.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 longer-term than the overall market and has enabled us to deliver attractive equity returns.

Benefits

  • Diversification. With the flexibility to invest a significant portion of its assets in foreign securities, the fund has the ability to take advantage of undervalued opportunities across the globe.
  • A Record of Lower Long-Term Volatility.
  • Performance in All Types of Markets. For 30 years, Franklin Mutual Quest Fund has proven aimed to achieve long-term growth in up, down and sideways market cycles.

Selling The Fund

  1. Demonstrate the fund’s stellar 30-year track record of performance.

  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.