LU0211331839
Franklin Mutual Global Discovery Fund
As of 06/25/2026
NAV
$32.01
NAV Change
$0.13
As of 05/31/2026
Morningstar Overall Rating™
Overall Morningstar Rating
Rating Category: Global Large-Cap Value Equity
Morningstar Style Box
[products.morningstar-stylebox-title-sr-equity]
| Large | Size | |||
|---|---|---|---|---|
| Medium | ||||
| Small | ||||
| Value | Blend | Growth | ||
| Style | ||||
Historical Morningstar Ratings
| Years | 3 |
| Ratings | |
| Number of Funds In Category | 590 |
| Years | 5 |
| Ratings | |
| Number of Funds In Category | 455 |
| Years | 10 |
| Ratings | |
| Number of Funds In Category | 337 |
Overview
Fund Information
Total Net Assets
$493.51 Million
Fund Inception Date
10/25/2005
Share Class Inception Date
10/25/2005
Base Currency for Fund
USD
Base Currency for Share Class
USD
Benchmark
Linked MSCI World Value Index-NR
Asset Class
Equity
Investment Manager
Franklin Mutual Advisers, LLC
Legal Umbrella
Franklin Templeton Investment Funds
Domicile
Luxembourg
EU SFDR Category
Article 8
Minimum Investment
USD 1000
Sales Charges, Expenses & Fees
Initial Charge
5.75%
Ongoing Charges
1.83%
Identifiers
CUSIP Code
L4058X107
ISIN Code
LU0211331839
Bloomberg Code
FMGDAAC LX
SEDOL Code
B064QH4
Fund Number
0592
Portfolio Managers
Performance
- Average Annual Total Returns
- Calendar Year Returns
- Cumulative Total Returns
- Risk Measures
Average Annual Total Returns
Average Annual Total Returns
Chart
Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 5.44 to 25.69.
1 Year3 Years5 Years10 Years15 YearsSince Inception
051015202530
End of interactive chart.
Month End As of 05/31/2026 | Currency | 1 Year | 3 Years | 5 Years | 10 Years | 15 Years | Since Inception 10/25/2005 | |
|---|---|---|---|---|---|---|---|---|
| A (acc) USD - Without Sales Charge (NAV) (%) | USD | 11.95 | 12.84 | 6.79 | 6.90 | 5.44 | 5.86 | |
| Linked MSCI World Value Index-NR (%) | USD | 25.69 | 19.26 | 10.28 | 12.88 | 10.72 | 9.01 |
Month End
A (acc) USD - Without Sales Charge (NAV) (%)
Currency
USD
1 Year
11.95
3 Years
12.84
5 Years
6.79
10 Years
6.90
15 Years
5.44
Since Inception
5.86
Month End
Linked MSCI World Value Index-NR (%)
Currency
USD
1 Year
25.69
3 Years
19.26
5 Years
10.28
10 Years
12.88
15 Years
10.72
Since Inception
9.01
Month End As of 05/31/2026 | Currency | 1 Year | 3 Years | 5 Years | 10 Years | 15 Years | Since Inception |
| Fund Overview | |
|---|---|---|---|---|---|---|---|---|---|---|
| W (acc) USD - Without Sales Charge (NAV) (%) | USD | 12.93 | 13.81 | 7.69 | 7.67 | 5.95 | 6.23 | 10/25/2005 |
Month End
W (acc) USD - Without Sales Charge (NAV) (%)
Currency
USD
1 Year
12.93
3 Years
13.81
5 Years
7.69
10 Years
7.67
15 Years
5.95
Since Inception
6.23
Fund Overview
Calendar Year Returns
Calendar Year Returns
Chart
Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -13.81 to 27.67.
2025202420232022202120202019201820172016
-20-100102030
End of interactive chart.
Month End As of 05/31/2026 | Currency | YTD | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | Performance Inception Date | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A (acc) USD - Without Sales Charge (NAV) (%) | USD | 0.84 | 22.42 | 1.59 | 18.97 | -8.14 | 17.90 | -5.39 | 22.76 | -13.81 | 11.44 | 9.40 | 10/25/2005 | |
| Linked MSCI World Value Index-NR (%) | USD | 10.87 | 20.79 | 11.47 | 11.51 | -6.52 | 21.94 | 17.41 | 27.67 | -8.71 | 22.40 | 7.51 | — |
Month End
A (acc) USD - Without Sales Charge (NAV) (%)
Currency
USD
YTD
0.84
2025
22.42
2024
1.59
2023
18.97
2022
-8.14
2021
17.90
2020
-5.39
2019
22.76
2018
-13.81
2017
11.44
2016
9.40
Performance Inception Date
10/25/2005
Month End
Linked MSCI World Value Index-NR (%)
Currency
USD
YTD
10.87
2025
20.79
2024
11.47
2023
11.51
2022
-6.52
2021
21.94
2020
17.41
2019
27.67
2018
-8.71
2017
22.40
2016
7.51
Performance Inception Date
—
Month End As of 05/31/2026 | Currency | YTD | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | Performance Inception Date | Fund Overview | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W (acc) USD - Without Sales Charge (NAV) (%) | USD | 1.24 | 23.45 | 2.36 | 19.97 | -7.31 | 18.78 | -4.59 | 23.72 | -13.15 | 11.82 | 9.40 | 10/25/2005 |
Month End
W (acc) USD - Without Sales Charge (NAV) (%)
Currency
USD
YTD
1.24
2025
23.45
2024
2.36
2023
19.97
2022
-7.31
2021
18.78
2020
-4.59
2019
23.72
2018
-13.15
2017
11.82
2016
9.40
Performance Inception Date
10/25/2005
Fund Overview
Cumulative Total Returns
Cumulative Total Returns
2005
2005
Selected Month October 2005
2026
2026
Selected Month May 2026
Chart
Line chart with 2 lines.
The chart has 1 X axis displaying Time. Data ranges from 2005-10-01 00:00:00 to 2026-05-01 00:00:00.
The chart has 1 Y axis displaying values. Data ranges from 67.14 to 586.72.
End of interactive chart.
Month End As of 05/31/2026 | Currency | YTD | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | 5 Years | 10 Years | 15 Years | Since Inception 10/25/2005 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A (acc) USD - Without Sales Charge (NAV) (%) | USD | 0.84 | 0.37 | -4.58 | 3.72 | 11.95 | 43.70 | 38.87 | 94.80 | 121.37 | 223.21 | |
| Linked MSCI World Value Index-NR (%) | USD | 10.87 | 2.27 | 2.88 | 12.75 | 25.69 | 69.64 | 63.11 | 235.68 | 360.49 | 491.29 |
Month End
A (acc) USD - Without Sales Charge (NAV) (%)
Currency
USD
YTD
0.84
1 Month
0.37
3 Months
-4.58
6 Months
3.72
1 Year
11.95
3 Years
43.70
5 Years
38.87
10 Years
94.80
15 Years
121.37
Since Inception
223.21
Month End
Linked MSCI World Value Index-NR (%)
Currency
USD
YTD
10.87
1 Month
2.27
3 Months
2.88
6 Months
12.75
1 Year
25.69
3 Years
69.64
5 Years
63.11
10 Years
235.68
15 Years
360.49
Since Inception
491.29
Month End As of 05/31/2026 | Currency | YTD | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | 5 Years | 10 Years | 15 Years | Since Inception |
| Fund Overview | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W (acc) USD - Without Sales Charge (NAV) (%) | USD | 1.24 | 0.45 | -4.33 | 4.19 | 12.93 | 47.42 | 44.80 | 109.36 | 137.92 | 247.36 | 10/25/2005 |
Month End
W (acc) USD - Without Sales Charge (NAV) (%)
Currency
USD
YTD
1.24
1 Month
0.45
3 Months
-4.33
6 Months
4.19
1 Year
12.93
3 Years
47.42
5 Years
44.80
10 Years
109.36
15 Years
137.92
Since Inception
247.36
Fund Overview
Risk Measures
Risk Measures
Measured against: MSCI World Value Index-NR
| Statistics | 3 Years | 5 Years | 10 Years |
|---|---|---|---|
| Beta | 0.98 | 0.99 | 1.03 |
| Historical Tracking Error | 4.01 | 4.65 | 3.98 |
| Information Ratio | -1.60 | -0.75 | -0.80 |
| Standard Deviation (%) | 3 Years | 5 Years | 10 Years |
|---|---|---|---|
| A (acc) USD - Without Sales Charge (NAV) | 12.09 | 14.46 | 15.70 |
| MSCI World Value Index-NR | 11.68 | 13.89 | 14.69 |
| Sharpe Ratio (%) | 3 Years | 5 Years | 10 Years |
|---|---|---|---|
| A (acc) USD - Without Sales Charge (NAV) | 0.68 | 0.23 | 0.29 |
Portfolio
Assets
Total Net Assets
$493.51 Million
Positions
Number of Issuers
60
Portfolio Statistics
Price to Book
2.11x
Price to Cash Flow
9.39x
Price to Earnings (12-Month Trailing)
17.08x
Portfolio Allocations
- Assets
- Geography
- Sector
- Market Capitalization
Assets
Asset Allocation
Chart
Bar chart with 3 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 1.452 to 94.7573.
0%100%25%50%75%
End of interactive chart.
| Fund | ||
|---|---|---|
| Undervalued Equities | 94.76% | |
| Special Situations | 3.79% | |
| Cash & Other Net Assets | 1.45% |
Geography
Geographic Allocation
Chart
Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 1.452 to 75.1231.
0%20%40%60%80%
End of interactive chart.
| Fund | Benchmark | ||
|---|---|---|---|
| 49.83% | 75.12% | ||
| 37.10% | 15.98% | ||
| 11.62% | 6.79% | ||
| 1.45% | — |
Sector
Sector Allocation
Chart
Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 0.5714 to 12.7949.
0%10%5%15%
End of interactive chart.
| Fund | Benchmark | ||
|---|---|---|---|
| Banks | 11.38% | 12.79% | |
| Capital Goods | 9.80% | 7.68% | |
| Pharmaceuticals, Biotechnology & Life Sciences | 8.71% | 6.91% | |
| Media & Entertainment | 8.28% | 8.72% | |
| Energy | 7.78% | 6.99% | |
| Health Care Equipment & Services | 7.29% | 3.19% | |
| Materials | 6.28% | 4.53% | |
| Financial Services | 6.26% | 7.28% | |
| Software & Services | 5.87% | 2.30% | |
| Food, Beverage & Tobacco | 4.98% | 4.17% | |
| Insurance | 3.69% | 4.55% | |
| Commercial & Professional Services | 2.56% | 0.99% | |
| Utilities | 2.48% | 4.35% | |
| Telecommunication Services | 2.19% | 2.30% | |
| Semiconductors & Semiconductor Equipment | 1.83% | 6.68% | |
| Automobiles & Components | 1.82% | 1.42% | |
| Consumer Discretionary Distribution & Retail | 1.73% | 1.76% | |
| Transportation | 1.69% | 1.71% | |
| Technology Hardware & Equipment | 1.68% | 4.05% | |
| Household & Personal Products | 1.64% | 1.53% | |
| Consumer Durables & Apparel | 0.57% | 0.83% | |
| Cash & Cash Equivalents | 1.45% | — |
Market Capitalization
Market Capitalization Allocation
Chart
Bar chart with 4 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 1.8851 to 73.4463.
0%20%40%60%80%
End of interactive chart.
| Fund | ||
|---|---|---|
| 5.0-10.0 Billion | 1.89% | |
| 10.0-25.0 Billion | 9.30% | |
| 25.0-50.0 Billion | 15.37% | |
| >50.0 Billion | 73.45% |
Portfolio Holdings
- Holdings
- Top Ten Holdings
Holdings
Holdings
Security Name
Microsoft Corp COM USD0.001
Weight (%)
2.85
Market Value ($)
14,084,408
Quantity
31,282
Security Name
BNP Paribas SA ORD EUR2
Weight (%)
2.79
Market Value ($)
13,764,922
Quantity
127,698
Security Name
BP PLC ORD GBP.25
Weight (%)
2.72
Market Value ($)
13,423,865
Quantity
1,900,463
Security Name
SLB LTD ORD USD0.01
Weight (%)
2.58
Market Value ($)
12,726,897
Quantity
233,307
Security Name
Shell PLC ORD GBP0.07
Weight (%)
2.48
Market Value ($)
12,259,769
Quantity
290,135
Security Name
Roche Holding AG ORD CHF 1
Weight (%)
2.43
Market Value ($)
12,002,327
Quantity
28,526
Security Name
Merck & Co Inc COM USD.5
Weight (%)
2.40
Market Value ($)
11,861,196
Quantity
99,909
Security Name
Deutsche Telekom AG ORD REGD NPV
Weight (%)
2.19
Market Value ($)
10,827,798
Quantity
322,495
Security Name
Alphabet Inc COM USD.001 CL A
Weight (%)
2.07
Market Value ($)
10,208,326
Quantity
26,840
Security Name
Elevance Health Inc COM USD.01
Weight (%)
2.04
Market Value ($)
10,064,091
Quantity
25,596
Top Ten Holdings
Top Holdings
Chart
Bar chart with 10 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 2.0393 to 2.854.
0.0%1.0%2.0%3.0%
End of interactive chart.
| Fund | ||
|---|---|---|
| MICROSOFT CORP | 2.85% | |
| BNP PARIBAS SA | 2.79% | |
| BP PLC | 2.72% | |
| SLB LTD | 2.58% | |
| SHELL PLC | 2.48% | |
| ROCHE HOLDING AG | 2.43% | |
| MERCK & CO INC | 2.40% | |
| DEUTSCHE TELEKOM AG | 2.19% | |
| ALPHABET INC | 2.07% | |
| ELEVANCE HEALTH INC | 2.04% |
Pricing
Pricing History Chart
Since Inception Time Period
- 1 Month
- 3 Months
- 6 Months
- YTD
- 1 Year
- 3 Years
- 5 Years
- Since Inception
June 2026
Jun
2026
| SuSunday | MoMonday | TuTuesday | WeWednesday | ThThursday | FrFriday | SaSaturday |
|---|---|---|---|---|---|---|
June 2026
Jun
2026
| SuSunday | MoMonday | TuTuesday | WeWednesday | ThThursday | FrFriday | SaSaturday |
|---|---|---|---|---|---|---|
Share Prices
NAV
$32.01
NAV Change
$0.13
NAV Change (%)
0.41%
Highest / Lowest NAV
| Year | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Highest NAV | $33.89 As on 02/18/2026 | $32.22 As on 12/26/2025 | $28.06 As on 09/27/2024 | $25.80 As on 12/27/2023 | $24.91 As on 01/14/2022 | $23.91 As on 11/12/2021 | $21.39 As on 01/17/2020 | $21.17 As on 12/27/2019 | $21.33 As on 01/26/2018 | $20.01 As on 12/28/2017 |
| Lowest NAV | $30.33 As on 03/20/2026 | $25.10 As on 04/08/2025 | $25.26 As on 01/17/2024 | $21.65 As on 03/17/2023 | $18.71 As on 09/27/2022 | $19.89 As on 01/29/2021 | $12.49 As on 03/23/2020 | $17.04 As on 01/03/2019 | $16.54 As on 12/24/2018 | $18.03 As on 01/03/2017 |
Historical Data - Daily Fund Prices
1 Month Time Period
- 1 Month
- 3 Months
- 6 Months
- YTD
- 1 Year
- 3 Years
- 5 Years
- Since Inception
June 2026
Jun
2026
| SuSunday | MoMonday | TuTuesday | WeWednesday | ThThursday | FrFriday | SaSaturday |
|---|---|---|---|---|---|---|
June 2026
Jun
2026
| SuSunday | MoMonday | TuTuesday | WeWednesday | ThThursday | FrFriday | SaSaturday |
|---|---|---|---|---|---|---|
NAV
$32.01 (USD)
Highest NAV
$32.41 (USD)
Lowest NAV
$31.73 (USD)
Historical Pricing Results From 05/25/2026 To 06/25/2026
| Date | NAV | NAV Change | NAV Change (%) |
|---|---|---|---|
| 06/25/2026 | $32.01 | $0.13 | 0.41% |
| 06/24/2026 | $31.88 | $0.10 | 0.31% |
| 06/23/2026 | $31.78 | $-0.06 | -0.19% |
| 06/22/2026 | $31.84 | $-0.06 | -0.19% |
| 06/19/2026 | $31.90 | $-0.01 | 0.00% |
| 06/18/2026 | $31.90 | $-0.01 | -0.03% |
| 06/17/2026 | $31.91 | $-0.50 | -1.54% |
| 06/16/2026 | $32.41 | $0.04 | 0.12% |
| 06/15/2026 | $32.37 | $-0.04 | -0.12% |
| 06/12/2026 | $32.41 | $0.24 | 0.75% |
| 06/11/2026 | $32.17 | $0.44 | 1.39% |
| 06/10/2026 | $31.73 | $-0.35 | -1.09% |
| 06/09/2026 | $32.08 | $0.19 | 0.60% |
| 06/08/2026 | $31.89 | $-0.13 | -0.41% |
| 06/05/2026 | $32.02 | $-0.39 | -1.20% |
| 06/04/2026 | $32.41 | $0.41 | 1.28% |
| 06/03/2026 | $32.00 | $-0.26 | -0.81% |
| 06/02/2026 | $32.26 | $-0.05 | -0.15% |
| 06/01/2026 | $32.31 | $-0.01 | -0.03% |
| 05/29/2026 | $32.32 | $0.03 | 0.09% |
| 05/28/2026 | $32.29 | $-0.07 | -0.22% |
| 05/27/2026 | $32.36 | $0.03 | 0.09% |
| 05/26/2026 | $32.33 | $0.12 | 0.37% |
| 05/25/2026 | $32.21 | $0.03 | 0.00% |