Franklin Mutual European Fund
Wide management experience
Careful investing in European equities
Under normal market conditions, the Fund seeks long-term capital appreciation by investing primarily in the equity securities of companies incorporated or having their principal activities in European countries that the investment manager believes are available at prices less than their intrinsic value. The Fund may also invest up to 10% of its net assets in non-European securities.
The Franklin Mutual European Fund is not an ING fund.
This fund is designed for investors:
- seeking capital appreciation, which may occasionally be short term and to a lesser extent, income.
- seeking investment in undervalued companies of any European country,
- planning to hold their investment for the medium to long term.
- Currency risk: the risk of loss arising from exchange-rate fluctuations or due to exchange control regulations.
- Derivatives risk: the risk of loss in an instrument where a small change in the value of the underlying investment may have a larger impact on the value of such instrument. Derivatives may involve additional liquidity, credit and counterparty risks.
- 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.
Are you interested?
Make an appointment now at the ING branch of your choice.
The prospectus (with appendix applicable to Belgium), summary prospectus and the most recent periodic report are available free of charge from your ING branch and on www.ing.be (Investments – Investment funds).
Franklin Mutual European Fund is a sub-fund without capital protection of Franklin Templeton Invest Funds, a fund incorporated under Luxembourg law Subscription: daily at the following NAV. Subscription fee: 3% (negotiable). Early redemption fee:0%. Annual management fee: 1.50%. The management fee includes annual management expenses (1%) and annual operating costs (0.50%). Financial servicing is undertaken by J.P. Morgan Chase Bank N.A. Stamp tax on share deals: on selling for capitalisation shares or on conversion to another sub-fund: 0.5% (maximum EUR 750), 0% on exit for income units. Withholding tax on income units: 15% on dividends. Withholding tax for capitalisation shares: capital gains are not taxable under current legislation. By"fund", we mean: Sicav/Bevek (open-ended investment fund), mutual fund (FCP) under Luxembourg or Belgian law.
Price rates are available free of charge from all ING branches.