Franklin K2 Electron Global UCITS Fund

Investment Objective

Electron invests in global utilities and infrastructure companies in U.S., Europe, Asia and Latin America. The strategy focuses on identifying and modelling the financial impacts of structural changes affecting the utilities and infrastructure sectors, believing that these developments offer the best opportunities for capturing alpha as they impact future earnings differently. While they employ a top down perspective on structural changes, all investments are based on their deep fundamental research of the companies affected by these changes. Electron will allocate capital dynamically to take advantage of the inefficiencies created by structural change. Ultimately, the fund’s investment objective is to seek to achieve an absolute return by investing primarily in equity and equity-related securities of companies active in the infrastructure and global utility sector.

Latest Meeting Note

Meeting 02 Feb 2023

We met with the Electron team at a conference to discuss current positioning and outlook. There is plenty of scope for mispricing across their universe given their sectoral/thematic focus (energy transition, infrastructure, utilities etc... Read more

We met with the Electron team at a conference to discuss current positioning and outlook. There is plenty of scope for mispricing across their universe given their sectoral/thematic focus (energy transition, infrastructure, utilities etc. Have been generating good short alpha from the EV complex and expect this to continue.

Performance

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC YTD
2023 0.5 0.9 0.6 0.6 0.4 0.5 0.0 0.1 1.0 0.0 1.0 0.6 0.2
2022 0.4 0.4 0.4 0.7 0.9 0.4 0.5 0.3 0.5 0.2 0.0 0.2 0.8

or Register for Free

  • Access the full universe of UCITS Hedge Funds and Absolute Return Funds.
  • Build and curate a watchlist.
  • View the latest research.
Current Site Absolute Hedge is a market leading UCITS research database providing proprietary research on funds, themes and strategies in the UCITS space. Kepler Trust Intelligence is produced by the investment companies team at Kepler Partners and is the UK’s premier source of detailed qualitative research on investment trusts. Kepler Liquid Strategies is a Dublin domiciled UCITS fund platform featuring a number of best-of-breed fund managers. Kepler Partners is a corporate advisory and asset raising boutique specialising in the regulated funds market in Europe and investment trusts in the UK.