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Fund Focus: Franklin Discovery Fund

TedTed
in Fund Discussions
FYI: When markets are turbulent, as they’ve been lately, there’s something to be said for sticking with funds that have a long history of downside protection. Franklin Mutual Global Discovery (ticker: TEDIX), which has $26 billion in assets and a 22-year history of buying undervalued stocks, is one such fund. “Obviously, the names change, and the world changes, but our fundamental approach is very consistent,” says co-manager Peter Langerman, who is also Franklin Mutual Advisors’ CEO.
Regards,
Ted
http://online.barrons.com/articles/franklin-global-discovery-shelter-from-the-storm-1413608097#printMode

M* Snapshot Of TEDIX: http://quotes.morningstar.com/fund/tedix/f?t=tedix

Lipper Snapshot Of TEDIX: http://www.marketwatch.com/investing/fund/tedix

TEDIX Is Ranked #57 In The (WS) Fund Category By U.S. News & World Report:
http://money.usnews.com/funds/mutual-funds/world-stock/franklin-mutual-global-discovery-fund/tedix

Comments

  • Lawlar
    I invested with this fund when it first opened (I already owned the flagship fund--Mutual Series). I'm glad I did.

    I admit I was nervous when Michael Price sold his funds to Franklin, but Price made sure his funds would be well run for the long term. When the markets get stormy, this is a fund you can hold with confidence. [Too bad it's no longer no-load for new investors].
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