Franklin K2 Alternative Fund Quote
| FAAAX Fund | USD 11.41 0.02 0.17% |
Performance25 of 100
| Odds Of DistressLess than 14
|
Franklin is trading at 11.41 as of the 19th of April 2024; that is -0.17% down since the beginning of the trading day. The fund's open price was 11.43. Franklin has less than a 14 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Equity ratings for Franklin K2 Alternative are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
The fund seeks to achieve its investment goal by allocating its assets across multiple non-traditional or alternative strategies, including, but not limited to, some or all of the following strategies Long Short Equity, Relative Value, Event Driven and Global Macro. More on Franklin K2 Alternative
Moving together with Franklin Mutual Fund
| 0.88 | TEBIX | Franklin Mutual Beacon | PairCorr |
| 0.92 | TEDMX | Templeton Developing | PairCorr |
| 0.88 | TEDIX | Franklin Mutual Global | PairCorr |
| 0.89 | TEDSX | Franklin Mutual Global | PairCorr |
| 0.88 | TEDRX | Franklin Mutual Global | PairCorr |
| 0.95 | TEFRX | Templeton Foreign | PairCorr |
| 0.95 | TEFTX | Templeton Foreign | PairCorr |
Moving against Franklin Mutual Fund
| 0.49 | TEGBX | Templeton Global Bond | PairCorr |
Franklin Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Franklin's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Franklin or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Franklin Templeton Investments Funds, Large Funds, Multistrategy Funds, Multistrategy, Franklin Templeton Investments (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of October 2022 |
| Fiscal Year End | May |
Franklin K2 Alternative [FAAAX] is traded in USA and was established 19th of April 2024. Franklin is listed under Franklin Templeton Investments category by Fama And French industry classification. The fund is listed under Multistrategy category and is part of Franklin Templeton Investments family. This fund currently has accumulated 837.34 M in assets under management (AUM) with no minimum investment requirementsFranklin K2 Alternative is currently producing year-to-date (YTD) return of 5.31% with the current yeild of 0.0%, while the total return for the last 3 years was 0.15%.
Check Franklin Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Franklin Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Franklin Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Franklin K2 Alternative Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Franklin K2 Alternative Mutual Fund Constituents
| NXPI | NXP Semiconductors NV | Stock | Information Technology |
| EXC | Exelon | Stock | Utilities |
| MSFT | Microsoft | Stock | Information Technology |
| SOXX | iShares Semiconductor ETF | Etf | Technology |
| SWCH | Switch Inc | Stock | Information Technology |
| FLTR | VanEck Investment Grade | Etf | Ultrashort Bond |
| BALL | Ball Corporation | Stock | Materials |
Franklin Target Price Odds Analysis
Based on a normal probability distribution, the odds of Franklin jumping above the current price in 90 days from now is about 21.49%. The Franklin K2 Alternative probability density function shows the probability of Franklin mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Franklin has a beta of 0.1867. This usually indicates as returns on the market go up, Franklin average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Franklin K2 Alternative will be expected to be much smaller as well. Additionally, franklin K2 Alternative has an alpha of 0.0402, implying that it can generate a 0.0402 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Franklin to move above the current price in 90 days from now is about 21.49 (This Franklin K2 Alternative probability density function shows the probability of Franklin Mutual Fund to fall within a particular range of prices over 90 days) .
Franklin K2 Alternative Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Franklin market risk premium is the additional return an investor will receive from holding Franklin long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Franklin. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Franklin's alpha and beta are two of the key measurements used to evaluate Franklin's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.1486 | |||
| Standard Deviation | 0.1874 | |||
| Variance | 0.0351 | |||
| Downside Variance | 0.031 |
Franklin Against Markets
Picking the right benchmark for Franklin mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Franklin mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Franklin is critical whether you are bullish or bearish towards Franklin K2 Alternative at a given time. Please also check how Franklin's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Franklin without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Sync Your Broker Now
Sync Your BrokerSync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. |
| All Next | Launch Module |
How to buy Franklin Mutual Fund?
Before investing in Franklin, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Franklin. To buy Franklin fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Franklin. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Franklin fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Franklin K2 Alternative fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Franklin K2 Alternative fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Franklin K2 Alternative, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Franklin K2 Alternative?
The danger of trading Franklin K2 Alternative is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Franklin is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Franklin. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Franklin K2 Alternative is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin K2 Alternative. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Franklin K2 Alternative information on this page should be used as a complementary analysis to other Franklin's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.