Morningstar

Franklin Gold and Precious Metals R6 FGPMX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See Franklin Templeton Investment Hub

Morningstar’s Analysis FGPMX

Will FGPMX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FGPMX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FGPMX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FGPMX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Riskier than most gold-equity peers.

Analyst David Carey

David Carey

Analyst

Summary

We have qualitatively reviewed this strategy and reaffirmed its Process and People ratings. Steve Land is an experienced manager but he is this strategy's lone dedicated resource and his approach courts more liquidity and idiosyncratic risks than most gold-equity peers. The following text is from Aug. 9, 2023.

by David Carey
Rated on Published on

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