Franklin K2 Alternative Fund Quote
| FAAAX Fund | USD 11.93 0.03 0.25% |
Performance9 of 100
| Odds Of DistressLess than 19
|
Franklin is trading at 11.93 as of the 6th of October 2024; that is 0.25% up since the beginning of the trading day. The fund's open price was 11.9. Franklin has less than a 19 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Franklin K2 Alternative are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of July 2024 and ending today, the 6th of October 2024. Click here to learn more.
The fund seeks to achieve its investment goal by allocating its assets across multiple non-traditional or alternative strategies, including, but not limited to, some or all of the following strategies Long Short Equity, Relative Value, Event Driven and Global Macro. More on Franklin K2 Alternative
Moving together with Franklin Mutual Fund
Franklin Mutual Fund Highlights
| Fund Concentration | Franklin Templeton Investments Funds, Large Funds, Multistrategy Funds, Multistrategy, Franklin Templeton Investments (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 1st of October 2022 |
| Fiscal Year End | May |
Franklin K2 Alternative [FAAAX] is traded in USA and was established 6th of October 2024. Franklin is listed under Franklin Templeton Investments category by Fama And French industry classification. The fund is listed under Multistrategy category and is part of Franklin Templeton Investments family. This fund currently has accumulated 837.34 M in assets under management (AUM) with no minimum investment requirementsFranklin K2 Alternative is currently producing year-to-date (YTD) return of 8.97% with the current yeild of 0.0%, while the total return for the last 3 years was 1.11%.
Check Franklin Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Franklin Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Franklin Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Franklin K2 Alternative Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Franklin K2 Alternative Mutual Fund Constituents
| LLL | JX Luxventure | Stock | Apparel Manufacturing | |
| AJRD | Aerojet Rocketdyne Holdings | Stock | Industrials | |
| HYG | iShares iBoxx High | Etf | High Yield Bond | |
| QQQ | Invesco QQQ Trust | Etf | Large Growth | |
| MSFT | Microsoft | Stock | Information Technology | |
| IWB | iShares Russell 1000 | Etf | Large Blend | |
| IGV | iShares Expanded Tech Software | Etf | Technology | |
| MA | Mastercard | Stock | Financials |
Franklin K2 Alternative Risk Profiles
| Mean Deviation | 0.1945 | |||
| Semi Deviation | 0.1827 | |||
| Standard Deviation | 0.2676 | |||
| Variance | 0.0716 |
Franklin Against Markets
Other Information on Investing in Franklin Mutual Fund
Franklin financial ratios help investors to determine whether Franklin Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Franklin with respect to the benefits of owning Franklin security.
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| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
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| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities |