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 distressed securities and merger arbitrage.

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 07/31/2019

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 07/31/2019

Years Ratings Funds
in category
3
2 Stars
393
5
2 Stars
315
10
3 Stars
182

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We do not publish a style box for this fund.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 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 Low 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. Highlight the fund’s strong performance record in down and sideways markets.
  2. Demonstrate the fund’s stellar 30-year track record of performance.
  3. Point out the fund’s record of low volatility when compared with its benchmark S&P 500 Index.
  4. Emphasize the fund’s risk-conscious approach to investing.