Can anyone explain the sudden drop in 2 mutual funds. Franklin Small Mid-Cap and Templeton Foreign Equity Fund

Question

The markets on Friday all seem to be up at he close; but these two
mutual funds the bottom droped out.

Answer 1

Most mutual funds pay out distributions this time of year. You can usually go to their websites to find out how much the distribution was. For example, if you go here:

https://www.franklintempleton.com/retail/jsp_app/products/fund_distribution.jsp?fundNumber=198

...you'll see that the Franklin Small Mid-Cap fund went ex-dividend with a distribution of $2.84 on 12/15.

Here's the info on Templeton Foreign Equity Fund:

https://www.franklintempleton.com/retail/jsp_app/products/fund_distribution.jsp?fundNumber=104

Answer 2

At Friday bse 30 sensex get good rise , but mid cap & smallcap is not. Franklin Small Mid-Cap is not represent this index.so its not working. smilierly Templeton Foreign Equity Fund represent at list 30-40% from foreign equity(not bse 30) so they don't effected of bse 30.Hanse.

Answer 3

everybody that tells you "now is the time to purchase" is the two fooling themselves or you! no person is conscious whilst the main surprising time is. possibilities are high you would be extra suitable off now than later (how could you ever be attentive to whilst the "maximum surprising time is", the experts don't be attentive to). once you're extra gentle you could "greenback fee generic". Franklin Templeton money are "ok". In a sales commision based product.... i think of the american money are extra suitable performers (in up and down markets). I won't pay a sales commision for somewhat diagnosis i can do my self. undergo in ideas...... a commision based (loaded) product will, for inventory money fee you $575 (on each $10,000) for sophistication "A" money... plenty extra on classification "B". the main to maximum surprising making an investment could be recent in 2-3 books. learn "asset allocation". in case you are trying this.... through the years you will shop your self 10's of hundreds of dollars in commisions & misplaced earnings... on those commisions. approximately 2 a protracted time in the past I replaced my economic existence by ability of performing some analyzing. that's not as "no longer difficulty-free" because of the fact the commisioned representatives could such as you to have faith.

Answer 4

Sh*t happens