Franklin U.S. Dollar Short-Term Money Market Fund A MDis USD

富蘭克林美元短期貨幣市場基金 A類 MDis 美元

LU0052767562

Risk Rating: Level 1

iFund risk rating methodology is a qualitative and quantitative assessment of a single fund’s geographic and asset class focus, investment style and any potential risk factors, as measured from one (1) (lowest risk) to six (6) (highest risk). For the funds with risk rating one (1) or two (2), these are mainly aimed at providing capital preservation for investors by investing primarily in money market instruments and, investment grade sovereign bonds etc. For more details, please refer to the Due Diligence section under the Procedures page.

Non-dealing Hours

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD10,000.00Min. Subscription

0.30%

HKD10,000.00Min. Subscription

AUD / HKD / JPY / EUR / GBP / RMB / USD / NZD

HKD10,000.00Min. Subscription

HKD10,000.00

HKD10,000.00

Daily

15:30

-

*Not include dividends (If applicable)

Fund Performances (including dividend, if any)

1 mth
+0.11%
3 mth
+0.26%
6 mth
+0.71%
1 yr
+1.77%
3 yr
+4.35%
5 yr
+4.36%

Analytical Figures (3 years)

Annualized Return
+1.43%
Annualized Volatility
+0.23%
Sharpe Ratio
-2.06

Fund Information

Fund Houses
Franklin Templeton Investments (Asia) Ltd.
Launch Date
1996-05-31
Fund Manager
Shawn Lyons
Manager Start Date
2005-08-01
Geographical Focus
US
Asset Class/ Sector
Money Market
Risk Rating
Risk Level 1

iFund risk rating methodology is a qualitative and quantitative assessment of a single fund’s geographic and asset class focus, investment style and any potential risk factors, as measured from one (1) (lowest risk) to six (6) (highest risk). For the funds with risk rating one (1) or two (2), these are mainly aimed at providing capital preservation for investors by investing primarily in money market instruments and, investment grade sovereign bonds etc. For more details, please refer to the Due Diligence section under the Procedures page.

Fund AUM(As of 2020-01-30)
USD 704,630,707.68
Management Fee
0.30%
Latest Dividend
USD 0.011000 (2020-02-09)

Sector Leaders

    No Funds

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD10,000.00Min. Subscription

0.30%

HKD10,000.00Min. Subscription

AUD / HKD / JPY / EUR / GBP / RMB / USD / NZD

HKD10,000.00Min. Subscription

HKD10,000.00

HKD10,000.00

Daily

15:30

-

Dividend Records

Dividend DateDividend Records (USD)
2020-02-090.011000
2020-01-080.012000
2019-12-080.012000
2019-11-070.014000
2019-10-070.014000
2019-09-080.016000
2019-08-070.017000
2019-07-070.016000
2019-06-090.018000
2019-05-070.018000
2019-04-070.018000
2019-03-070.016000
2019-02-070.018000
2019-01-080.017000
2018-12-090.016000
2018-11-070.016000
2018-10-070.013000
2018-09-090.011000
2018-08-070.010000
2018-07-080.013000
2015-04-080.001000
2008-11-090.005000
2008-10-070.012000
2008-09-070.012000
2008-08-070.013000
2008-07-070.013000
2008-06-080.012000
2008-05-070.013000
2008-04-070.015000
2008-03-090.019000
2008-02-070.027000
2008-01-070.033000
2007-12-090.032000
2007-11-070.037000
2007-10-070.034000
2007-09-090.035000
2007-08-070.038000
2007-07-080.035000
2007-06-070.036000
2007-05-070.037000
2007-04-090.036000
2007-03-070.033000
2007-02-070.038000
2007-01-070.035000
2006-12-070.035000
2006-11-070.037000
2006-10-080.035000
2006-09-070.037000
2006-08-070.036000
2006-07-090.033000
2006-06-070.033000
2006-05-070.030000
2006-04-090.031000
2006-03-070.027000
2006-02-070.028000
2006-01-080.026000
2005-12-070.025000
2005-11-070.023000
2005-10-090.022000
2005-09-070.022000
2005-08-070.019000
2005-07-070.018000
2005-06-070.018000
2005-05-080.016000
2005-04-070.014000
2005-03-070.012000
2005-02-070.011000
2005-01-090.008000
2004-12-070.008000
2004-11-070.007000
2004-10-070.005000
2004-09-070.005000
2004-08-080.004000
2004-07-070.002000
2004-06-070.002000
2004-05-090.002000
2004-04-070.002000
2004-03-070.002000
2004-02-080.002000
2004-01-080.001000
2003-12-070.002000
2003-11-090.002000
2003-10-070.003000
2003-09-070.002000
2003-08-070.001000
2003-07-070.003000
2003-06-090.003000
2003-05-080.003000
2003-04-070.004000
2003-03-090.005000
2003-02-090.006000
2003-01-080.006000
2002-12-080.008000
2002-11-100.014000
2002-10-070.021000
2002-09-080.016000
2002-08-070.020000
2002-07-070.022000
2002-06-090.024000
2002-05-090.026000
2002-04-080.030000
2002-03-070.034000
2002-02-070.031000
2002-01-080.025000
2001-12-090.026000
2001-11-080.033000
2001-10-070.029000
2001-09-090.031000
2001-08-070.035000
2001-07-080.034000
2001-06-100.035000
2001-05-080.039000
2001-04-080.044000
2001-03-070.043000
2001-02-070.053000
2001-01-080.049000
2000-12-060.047000
2000-11-070.048000
2000-10-050.048000
2000-09-060.052000
2000-08-060.050000
2000-07-090.045000
2000-06-070.044000
2000-05-070.044000
2000-04-060.044000
2000-03-060.042000
2000-02-060.043000
2000-01-060.041000
1999-12-060.038000
1999-11-070.037000
1999-10-060.037000
1999-09-070.039000
1999-08-050.035000
1999-07-060.036000
1999-06-060.028000
1999-05-060.031000
1999-04-070.036000
1999-03-040.030000
1999-02-040.032000
1999-01-070.034000
1998-12-060.035000
1998-11-050.033000
1998-10-060.038000
1998-09-060.043000
1998-08-060.039000
1998-07-060.041000
1998-06-040.038000
1998-05-060.042000
1998-04-060.044000
1998-03-050.035000
1998-02-050.039000
1998-01-070.046000
1997-12-040.034000
1997-11-060.038000
1997-10-060.039000
1997-09-040.035000
1997-08-060.039000
1997-07-060.036000
1997-06-050.037000
1997-05-080.039000
1997-04-100.041000
1997-03-060.038000
1997-02-060.040000
1997-01-090.040000
1996-12-120.039000
1996-11-070.040000
1996-10-100.035000
1996-09-120.040000
1996-08-080.040000
1996-07-110.030000
1996-06-060.040000
1996-05-090.040000
1996-04-180.035000
1996-03-140.035000
1996-02-150.040000
1996-01-180.040000
1995-12-140.035000
1995-11-160.040000
1995-10-120.045000
1995-09-140.050000
1995-08-170.050000
1995-07-130.050000
1995-06-150.040000
1995-05-180.035000
1995-04-130.025000
1995-03-160.040000
1995-02-160.040000
1995-01-190.040000
1994-12-150.020000
1994-11-170.005000
1994-10-130.020000
1994-09-150.010000
1994-08-110.010000
1994-07-140.005000

Investment Objective

Franklin U.S. Dollar Liquid Reserve Fund (the "Fund") aims to invest in debt securities that pay income over the short term.
The Fund invests principally (that is, at least two-thirds of the Fund's net assets) in:
- high quality securities primarily U.S. dollar denominated, or hedged back into U.S. dollar to avoid any currency exposure
- transferable securities and money market instruments issued or guaranteed by the governments of any nation worldwide
- eligible securities of corporate issuers of any nation

Nature and Extent of Risks

Investment involves risks. Please refer to the offering document for details including the risk factors.
1. Market risk
The market values of securities owned by the Fund will tend to go up or down, sometimes rapidly or unpredictably, due to factors affecting individual issuers, particular industries or sectors within securities markets, or because of general market conditions. During a general downturn in the securities markets, multiple asset classes (including different sectors of the same asset class) may decline in value at the same time. Similarly, when markets perform well, there can be no assurance that securities held by the Fund will participate in the advance. Because the securities the Fund holds fluctuate in price in this manner, the Fund's value may go down as well as up and investors may be adversely affected.
2. Interest rate securities risk
Interest rates changes tend to be driven by prevailing economic, political and regulatory conditions as well as issuer-specific factors, impacting longer term securities more than short-term securities. A fixed income security's value will generally increase in value when interest rates fall and decrease in value when interest rates rise. Movements in interest rates may therefore adversely affect the valuation of the Fund's fixed income securities (such as bonds) and the Fund's net asset value on a daily basis, in addition to impacting the amount of interest income earned by the Fund. Conditions in the banking sector may also adversely affect interest rates and the prices of fixed income securities.
3. Credit risk
The Fund is exposed to the credit/default risk of issuers of the debt securities that the Fund may invest in. Changes in the financial condition of an issuer, changes in economic and political conditions in general, or changes in economic and political conditions specific to an issuer, are factors that may have an adverse impact on an issuer's credit quality and security value. Default can occur if an issuer fails to make principal and interest payments when due, which may result in a substantial loss to the Fund. Debt securities are also exposed to the risk of being downgraded, which can adversely affect and/or result in a substantial loss to the Fund.
4. Liquidity risk
The Fund may not be able to easily sell securities due to adverse market conditions or reduced value or creditworthiness of issuers in which it invests. The inability of the Fund to sell securities or positions may also impede the ability of the Fund to meet redemption requests in a timely manner. Certain securities may also be illiquid due to limited trading markets or contractual restrictions on their resale. Reduced liquidity due to these factors may have an adverse impact on the net asset value of the Fund.
5. Valuation risk
Valuation of the Fund's investments may involve uncertainties and judgmental determinations. Independent pricing information may not always be available. If valuations prove to be incorrect, the investors of the Fund may be adversely affected.
6. Volatility risk
The debt securities in emerging markets may be subject to higher volatility and lower liquidity compared to more developed markets. The prices of securities traded in such markets may be subject to fluctuations. The bid and offer spreads of the price of such securities may be large and the Fund may incur significant trading costs.
7. Sovereign debt risk
The Fund's investment in securities issued or guaranteed by governments may be exposed to political, social and economic risks. In adverse situations, the sovereign issuers may not be able or willing to repay the principal and/or interest when due or may request the Fund to participate in restructuring such debts. The Fund may suffer significant losses when there is a default of sovereign debt issuers and may have limited legal recourse against a sovereign debt issuer.
8. Money market instruments risk
Like other debt securities, money market instruments may be subject to interest rate, credit, liquidity, valuation and volatility risks. The value and performance of the Fund may be adversely affected as a result.
9. Single country risk
The Fund's investments are concentrated in a single country. The value of the Fund may be more volatile than that of a fund having a more diverse portfolio of investments and may be more susceptible to adverse economic, political, policy, foreign exchange, liquidity, tax, legal or regulatory events affecting the country in which it invests.
10. Counterparty risk
The Fund may be exposed to risks arising from the solvency of its counterparties and the Fund/investors may be adversely impacted.
11. Dividend policy risk
The Fund's dividend policy allows for payment of dividends out of capital or effectively out of capital. Where this is done, it amounts to a return or withdrawal of part of an investor's original investment or from any capital gains attributable to that original investment. Any distributions involving payment of dividends out of the Fund's capital or payment of dividends effectively out of the Fund's capital (as the case may be) may result in an immediate reduction of the net asset value per share.

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