Hitting its 50th anniversary is claimed as fair evidence the stockpicking approach of Templeton's Growth fund is a good way to play the stockmarket through a collective investment.
The $16bn fund has returned more than $6m on an original $10,000 investment at inception – for those who have held through the entire period. This represents an average annual return of 13.79%. Another set of figures produced for the US market suggests the sum of $3,000 invested every year for 35 years from 1968, or $105,000 in total would be worth $2m, assuming gains were reinvested. The fund is being highlighted as part of FTI's ongoing push in the UK retail funds sector. Access to the Growth fund is offered locally thorugh an OEIC structure. IFAonline
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