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Financials Disastrous for Franklin Mutual European Fund This Year
The Franklin Mutual European Fund Class A (TEMIX) has fallen 6.5% YTD (year-to-date). Why?
Almost Nothing Good about TEMIX in 1Q16
The Franklin Mutual European Fund – Class A (TEMIX) fell sharply by 6.5% in 1Q16, placing it second to last among the 12 funds in this review. In the past one year, TEMIX has fallen 13.2%.
Why Was the ECB Monetary Policy in March Such a Surprise?
Even though participants were expecting the ECB to take measures on March 10 to stoke inflationary pressure in the Eurozone, the announcements at the meeting took most by surprise.
Should You Look to European Stocks for Growth?
European stocks began the year with a lot of hope pinned on them for providing capital appreciation in the year.
How the Franklin Mutual European Fund Allocated Its Portfolio in 2015
The Franklin Mutual European Fund’s assets were spread across 78 holdings (stocks, bonds, and currencies) as of December 2015.
How Does the Greek Debt Crisis Impact the Eurozone?
Greece’s debt was around 250 billion euros. It’s nearly 175% of its 2013 GDP figures. The GDP could fall more in 2016. The debt crisis started in 2010.
Looking at TEMIX’s Portfolio up to November 2015
TEMIX’s assets were spread across 78 holdings as of September 2015. It was managing assets worth $3.3 billion as of November’s end.
How Did the Eurozone Perform in the Past Year?
The Eurozone’s economy provided a modest GDP (gross domestic product) growth rate of 0.4% in 2015. It was below the consensus estimate.
Transportation and Software Industry Led FEZ
Among all of the industries of the SPDR Euro Stoxx 50 ETF (FEZ), the transportation industry provided the highest positive return of 0.5% on December 14, 2015.
Sanofi Tops FEZ, Applies for First Dengue Vaccine in India
On Friday, December 11, 2015, the stocks at the top of FEZ were Industria De Diseno, Sanofi (SNY), UniCredit, ING Groep, and L’Oréal. It’s worth noting that all these stocks had negative returns that day.
European Central Bank: December’s Monetary Policy Actions
The ECB (European Central Bank) announced its monetary policy decision on December 3, 2015, outlining several decisions.
The ECB Disappoints Markets with Its Monetary Policy Decisions
The ECB declared its key policy decisions after its meeting on December 3, 2015. The ECB’s Chief announced major moves at a press conference.
How the Franklin Mutual European Fund Fared until October
The Franklin Mutual European Fund can invest up to 20% of its assets in instruments issued by companies located in the United States and several other regions.
Sectors Driving the FEZ ETF’s Performance on October 21
On October 21, the top three performing industries in the SPDR Euro Stoxx 50 ETF were software, miscellaneous manufacturer, and the food industry.