Templeton Euroland Fund
Access to the best opportunities in Eurozone countries...
Templeton Euroland Fund, sub-fund of the Franklin Templeton Investment Funds SICAV organized under the laws of Luxembourg, aims to increase the value of its investments over the medium to long term.
The Fund invests mainly in equity securities issued by companies of any size located in, or doing significant business in, countries that have adopted the euro as their national currency (i.e., countries of the European Monetary Union).
The investment team uses in-depth analysis to select individual securities that it believes are undervalued and will provide the best opportunities for increased value over the long term. The Fund invests at least 75% of its total assets in equity securities issued by companies that have their head office in the European Union.
You may request the sale of your shares on any Luxembourg business day.
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 EMU 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.
Before you invest in Templeton Euroland Fund, your are advised to read carefully the following documents:
- The Key Investor Information Document or KIID (PDF)
- The prospectus (PDF)
- The last periodic report (PDF)
These documents are available for free in your ING-branch or on this website. These documents are available in English, Dutch or French.
The Templeton Euroland Fund is not an ING fund.
Historical records – Actuarial Yield – Capitalization share
|Valid on 30/09/2015||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 (%)|
|LU0093666013||Franklin Templeton||Templeton Euroland||Equity||4||18,89||Euro||3,45||14||9,08||2,06||3,88||1999/01/08||8,81||www.ing.be/en/retail/investments/investment-funds/Templeton-Euroland-Fund?||0|
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.
Fund launch date: January 1999
Class Launch date: January 1999
Reference currency: The reference currency is the Euro.
For an investor :
- Capital appreciation by investing in undervalued equity securities issued by the member countries of the European Monetary Union.
- Investments for the medium to long term.
The main risks for the Sub-Fund are :
- Market risk:Stocks and/or financial instruments are impacted by various factors. These include, but are not limited to, the development of the financial market, the economic development of issuers of stocks and/or financial instruments who are themselves affected by the general world economic situation and the economic and political conditions in each country. This risk is viewed as medium.
- Non-performance risk: The return realized during a specific period may be positive or negative, depending on the fund's investment strategy. The non-performance risk is strongly linked to the market risk.
- Capital risk: No guarantee is provided as to the recovery of your initial investment.
- Liquidity risk: the 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.
Net Asset Value
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 (http://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.
Please refer to the Templeton Euroland Fund prospectus (PDF) for additional information.
Minimum investment: 1 part
- Entry charge (applicable by ING Belgium): 3%
- Exit charge: 0%
Ongoing charges taken from the Sub-Fund over a year : 1.84% of which (maximum).
Custody fee: 0%/ annum
For other charges that might be paid by the investor, we refer to the prospectus.
- Stock exchange tax (applicable to redemptions only):
- Capitalization share: 1,32% (max 4000 EUR)
- 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 25% of assets in debt securities: no
- Sub-fund actually more than 25% invested in debt securities: no
- 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 25% 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.
Identity of de financial agent
Financial Service Belgium : J.P. Morgan Chase Bank, Boulevard du Roi Albert II 1, B-1210 Brussels
Complaints can be lodged with ING – Customer Service – Cours Saint Michel, 60 – 1040 Brussels. If no settlement can be reached in this way, please contact the Banks - Credit - Investments Mediation Service (www.ombfin.be).