Growth stocks have faced their fair share of challenges over the last year or so as rising inflation provides a tailwind for value-style investments, but is it time to take another look?
The Franklin Global Growth Fund focuses on sustainable growth companies, only investing in those names with strong free cashflows, little to no debt on their balance sheets and that are well positioned going forward, supported by secular growth drivers.
As global growth slows, the market will be forced to refocus on company fundamentals, and the kind of names held by the Franklin Global Growth Fund and its investors will benefit, portfolio manager Francyne Mu says.
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