Franklin Templeton Investment Funds - Franklin Technology Fund
Focus on companies with strong growth potential, especially from the technology and telecommunications sector.
Franklin Technology Fund (the “Fund”) aims to increase the value of its investments over the medium to long term. The Fund invests mainly in equity securities issued by technology companies of any size located anywhere in the world
Important information before you continue
Before you invest in Franklin Technology Fund, your are advised to read carefully the following documents:
These documents are available for free in your ING-branch or on this website. These documents are available in English, Dutch or French.
The fund Franklin Technology Fund is not an ING fund.
The Fund can invest to a lesser extent in:
debt securities of corporate issuers
The companies in which the Fund invests can be in a variety of industries such as computers, hardware, telecommunications, electronics, media and information services, and precision instruments that are expected to benefit from the development, advancement and use of technology and communication services and equipment. The investment team evaluates each company, considering factors such as management quality and growth prospects.
You may request the sale of your shares on any Luxembourg business day. The income received from the Fund's investments is accumulated with the result of increasing the value of the shares.
For further information on the Objectives and Investment Policy of the Fund, please refer to the section “Fund Information, Objectives and Investment Policies” of the current prospectus of Franklin Templeton Investment Funds.
The benchmark of the Fund is the MSCI World Information Technology Index. The benchmark is indicated for information purposes only, and the Fund manager does not intend to track it. The Fund can deviate from this benchmark.
Taken from the document Key Investor Information Document or KIID (PDF).
Historical records – Actuarial Yield - Capitalization share
|Valid on 5/30/2018||Return (%)|
|id||Fund manager||Fund||Fund Type||Morningstar™||inventaris waarde||Currency||after 1 year||after 3 years||after 5 years||after 10 years||since inception||Launch date||Year-to-date||url||award||Return (%)|
|LU0109392836||Franklin Templeton||Franklin Templeton Investment Funds - Franklin Technology Fund||Equity||5||19,57||US Dollar||29,17||19,63||19,62||12,64||3,77||00/04/maandag||14,11||/en/retail/investing/franklin-technology-fund||0||True|
Source: Morningstar Direct ™
Actuarial gain expressed on an annual basis in the currency of the relevant UCITS over 1 year, 3 years, 5 years, 10 years and since inception. It relates to end-of-month returns based on historical data. The returns shown are valid for the capitalised parts of the UCITS and take no account of entry fees and potential taxes. Past performance is no guarantee of future performance and can be misleading. The value of shares in the fund and income received from it can go down as well as up, and investors may not get back the full amount invested. All performance data shown is in Euro, include reinvested dividends and are net of management fees. Sales charges and other commissions, taxes and other relevant costs paid by the investor are not included in the calculations When investing in a fund denominated in a foreign currency, past returns in Euro have been reduced by currency fluctuations.
Sub-Fund launch date
3 April 2000
Class Launch date
3 April 2000
The reference currency is the American Dollar. The yield in euro could be positively or negatively influenced by change fluctuations.
For an investor looking for:
- Companies with strong growth potential, especially from the technology and telecommunications sector
- An investment team having close contact with decision-makers: regular company visits; geographical proximity to most technology companies in the Silicon Valley
- Portfolio Diversification: the fund provides investors with exposure in the technology and telecommunication sector
The main risks for the Sub-Fund are:
- The Net Asset Value of the compartment can fluctuate due to equity market movements
- Concentrating investments in one sector, such as the technology and telecommunications sector, can be beneficial, but it is important to note that performance could be more susceptible to industry-specific factors, and thus in the short term, the NAV of the compartment can therefore fluctuate considerably
- There is a liquidity risk that arises when adverse market conditions affect the ability to sell assets when necessary. Reduced liquidity may have a negative impact on the price of the assets
The occurrence of any of these risks may have an impact on the net asset value of your portfolio.
The net asset value is calculated in Belgium each bank working day. The net asset value is published every public banking business day in Belgium in the financial press, as well as on the BeAMA website (www.beama.be/en/nav). It is also available at the Management Company’s registered address and over the counter from your financial services provider.
A swing price may be applied. Swing pricing aims to reduce the dilution effect brought about when significant operations within a sub-fund compel its manager to buy or sell its underlying assets. These transactions give rise to transaction fees and taxes that have an effect on the fund’s value, as well as on all its investors. Where swing pricing is applied, the sub-fund’s net asset value is adjusted by a particular amount when the capital flow exceeds a certain threshold (the swing factor). This amount is designed to offset expected transaction fees resulting from the difference between incoming and outgoing capital. Swing pricing is only used on rare occasions, if at all.
Entry charge (applicable by ING Belgium): 3%
Exit charge: 0%
Ongoing charges taken from the Sub-Fund over a year: 1.83% of which (maximum) 1.50% of management fees.
Custody fee: 0%/annum
Stock exchange tax (applicable to redemptions only):
Capitalization share: 1.32% (max 4,000 euros)
Distribution share: none
Withholding tax on dividends:
Capitalization share: none
Distribution share: 30%
Withholding tax in case of redemption:
Sub-fund permitted to invest more than 10% of assets in debt securities: no
Sub-fund actually more than 10% invested in debt securities: yes
Withholding tax (30% depending on the investor’s particular tax situation): not applicable
Tax treaty based on the current legislation
Dividends received from distributing shares are subject to the Belgian withholding tax of 30%. The Belgian withholding tax applicable to interests included in the repurchase price of accumulating and distributing shares investing more than 10% of their assets in any kind of debts amounts to 30%.
This tax system applies to Retail customers – private individuals resident in Belgium. Taxation depends on the individual situation of each customer and may change in the future.
Financial Service Belgium : J.P. Morgan Chase Bank, Boulevard du Roi Albert II 1, B-1210 Brussels
*By “fund” we mean SICAV (société d’investissement à capital variable), BEVEK (beleggingsvennootschap met veranderlijk kapitaal) or mutual investment fund subject to Luxembourg or Belgian law.