LU2404266418
Franklin Gold and Precious Metals Fund

  • Equities
  • Commodities
  • Global
  • SGD Cash, SRS
  • Accumulating
Invest with
SGD Cash, SRS
Payout type
Accumulating
Risk rating
6
About this fund
Description
The Fund seeks capital appreciation by investing at least 80% of its net assets in the securities of companies around the world that mine, process or deal in gold and other precious metals such as platinum, palladium and silver.
Key information
Annual report
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Product Highlight Sheet
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Prospectus
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Our perspective
Why we think this fund is best-in-class
product
Product
Provides investors with exposure to the gold and precious sector. The Fund's expected number of holdings can vary between 40-80 depending on market conditions. The Fund provides a good mirror for the price movements of gold and its corresponding diversification benefits - this is shown by its high correlation with the London Bullion Market Association (LBMA) Gold Price, a reference that is broadly used in the industry to price gold contracts. The Fund serves as a useful asset class diversifier from its low historical correlation to the MSCI ACWI and Bloomberg Global Aggregate indices respectively.
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people
People
Managed by experienced portfolio manager Steve Land. Steve has spent his entire career with Franklin Templeton, joining in 1997 and managing this strategy since its inception in March 1999. He has research responsibilities for companies in the metal and mining industry and is also a member of the portfolio management team for the Franklin Natural Resources Fund. Steve is supported by back-up portfolio manager Frederick Fromm. Frederick is the lead portfolio manager of the Franklin Natural Resources Fund, specialising in equity research analysis of the integrated oil services industry. He has been in Franklin Templeton since joining as a management trainee in 1992.
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performance
Performance
Due to the Fund's high beta to gold, the Fund exhibits both strong upside and downside capture. In periods of softness in gold prices, the Fund can be expected to underperform and may also generate sizable negative returns. However, when market sentiment is bullish on gold, the Fund will often outperform both its peers and the gold benchmark.
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process
Process
The team utilises a top-down analysis to help determine the commodity focus and risk composition of the overall portfolio. This includes assessing the likelihood of merger and acquisition activity and its potential impact on the industry and stock valuations. This top-down analysis is followed by a bottom-up analysis of individual stocks that the team believes represents compelling investment opportunities. Some qualitative and quantitative factors include political risk, strength of management, asset quality and pipeline.
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cost
Cost
Access to clean retail share class with no trailer fees to achieve the lowest possible fees
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selectionCriteria
How it fits in a portfolio
Investors looking to diversify their portfolio by having an exposure to the gold and precious metals sector can consider the Fund as a satellite exposure. However, note that the sector is inherently volatile, with significant swings in calendar year returns as a regular occurrence - investors should be mindful of the Fund's risk profile before making an allocation.
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Performance
Shows the total return of this accumulating fund, which includes dividends reinvested.
All Time
​
Total returns
All Time
246.60%
YTD
31.65%
1 month
20.19%
6 month
98.93%
1 year
207.19%
3 year
357.45%
As of Feb 2026
Distributions
This is an accumulating fund, so dividends are re-invested at the fund level.
Risk metrics
Max drawdown
-39.35%As of Feb 2026
Volatility
32.04%As of Feb 2026
Calendar returns
YearTotalJanFebMarAprMayJunJulAugSepOctNovDec
2026-9.5%20.2%----------
2025176.0%14.4%3.4%17.8%3.8%6.4%0.0%-2.1%21.2%24.6%-2.9%13.5%10.0%
202421.3%-6.4%-7.2%20.1%7.8%7.6%-5.0%5.7%2.9%3.7%8.2%-7.1%-6.9%
20230.4%8.0%-10.4%12.2%2.2%-7.6%-1.5%1.7%-4.4%-7.8%0.8%10.1%0.0%
2022-22.6%-6.2%11.9%5.3%-6.5%-8.7%-17.7%-0.6%-7.2%-3.2%-3.4%14.2%1.1%
Load more5 of 6
Top Exposures
Barrick Mining Corp4.64%
G Mining Ventures Corp4.44%
Equinox Gold Corp Ordinary Shares Class A3.63%
Anglogold Ashanti PLC2.94%
Torex Gold Resources Inc2.51%
Agnico Eagle Mines Ltd2.50%
Perseus Mining Ltd2.44%
Alamos Gold Inc Class A2.38%
Newmont Corp2.36%
Orla Mining Ltd2.23%
Greatland Resources Ltd2.04%
Newmont Corp Chess Depository Interest1.95%
Endeavour Mining PLC1.93%
Vizsla Silver Corp Ordinary Shares (New Shares)1.58%
Discovery Silver Corp1.30%
Top exposures represent up to 15 of the fund's largest exposures for each category. Allocation percentages may not sum up to 100% and can include negative values due to rounding or trading activities by the underlying fund managers, including short positions.
Fund fees
1.02% p.a.
Save up to 65% in fees
Invested elsewhere? Transfer your funds to Endowus in four easy steps. Learn more
fee comparison
Fund facts
ISIN
LU2404266418
Fund house
Franklin Templeton
Fund size
S$2.3B
As of 20 Mar 2026
Fund benchmark
FTSE Gold Mines TR USD
Fund inception date
15 Nov 2021
Fund class currency
SGD
Fund share class
W(acc) SGD
Oldest share class ISIN
LU0496368654
Oldest share inception date
30 Apr 2010
Pricing frequency
Daily
Invest in this fund
Save up to 65% in fees
Invested elsewhere? Transfer your funds to Endowus in four easy steps. Learn more
fee comparison

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