Amec Foster Wheeler PLC
What Is the Outlook for Europe-Focused Mutual Funds?
In this series, we have reviewed ten Europe-focused mutual funds in terms of their sectoral changes over the past year and the possible reasons for their performance in 2015.
Tullow Oil Leads EWU by 1.30%, EWU Down by 0.52%
Although oil prices rose across the US and the UK markets, along with the US oil inventory’s fall—which greatly benefited the energy sector—EWU dipped on August 31.
A Turnaround for the Franklin International Growth Fund
The Franklin International Growth Fund – Class A (FNGAX) has emerged as an above-average performer in YTD 2016 until August 19, 2016, among the 12 funds chosen for this review.
What’s the Sector Composition of the FNGAX?
The Franklin International Growth Fund invests “in the equity securities of mid- and large-capitalization companies outside the U.S. with long-term growth potential.”
The Franklin International Growth Fund’s Portfolio Moves in YTD 2016
In the past 12 months until May 2016, Franklin International Growth Fund (FNGAX) has witnessed increased exposure to discretionary and healthcare stocks.
What You Should Know about the Franklin International Growth Fund
The Franklin International Growth Fund – Class A (FNGAX) was incepted in June 2008 and has an expense ratio of 1.4%.
Pound Fell to a 7-Year Low despite Strong Inflation Data
The pound-US dollar currency pair has been on a downtrend since the beginning of the year. It fell by 0.46% on January 16, 2016.
British Pound Fell despite the Rise in Construction Activity
The British pound fell on January 5, 2016. It came close to an eight-month low against the US dollar even though the construction activity sector rebounded in December.