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IMPORTANT INFORMATION
This Website is directed only at Sophisticated Investors within Malaysia and the information provided is not for distribution outside Malaysia. None of the information, whether in part or full, should be copied, reproduced or redistributed in any form nor should it be regarded as an offer or a solicitation of an offer for investment in countries outside Malaysia. No units in these funds may be offered or sold to residents of the United States of America or in any other country, state or jurisdiction where it would be unlawful to offer, solicit an offer for or sell such shares.
You are a “Sophisticated Investor” per the Guidelines on Wholesale Funds if you are:
- an individual whose total net personal assets, or total net joint assets with his or her spouse, exceed three million ringgit or its equivalent in foreign currencies, excluding the value of the individual’s primary residence;
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Considerable care has been taken to ensure that the information contained on this website is accurate at the date of publication. However no representation or warranty, express or implied, is made to its accuracy or completeness. Franklin Templeton Asset Management (Malaysia) Sdn. Bhd. and Franklin Templeton Investments therefore accept no liability (except for information appearing in information memoranda) for any loss arising, whether direct or indirect, caused by the use of any part of the information provided. Any research and analysis contained in this website has been procured by Franklin Templeton Asset Management (Malaysia) Sdn. Bhd. for its own purposes and may be acted upon by it in that connection. It is provided to you only incidentally, and any opinions expressed are subject to change without notice.
Please accept the terms and conditions before continuing:
Gateway Terms of Use Agreement
THIS AREA OF THE WEBSITE IS INTENDED FOR INVESTORS IN MALAYSIA. PLEASE READ THIS ENTIRE DOCUMENT CAREFULLY BEFORE YOU PROCEED. BY CLICKING "ACCEPT", YOU CONFIRM THAT YOU HAVE READ THE IMPORTANT INFORMATION AND WISH TO PROCEED.
IMPORTANT INFORMATION
This Website is directed only at Investors within Malaysia and the information provided is not for distribution outside Malaysia. None of the information, whether in part or full, should be copied, reproduced or redistributed in any form nor should it be regarded as an offer or a solicitation of an offer for investment in countries outside Malaysia. No units in these funds may be offered or sold to residents of the United States of America or in any other country, state or jurisdiction where it would be unlawful to offer, solicit an offer for or sell such units.
Considerable care has been taken to ensure that the information contained on this website is accurate at the date of publication. However no representation or warranty, express or implied, is made to its accuracy or completeness. Franklin Templeton GSC Asset Management Sdn. Bhd. and Franklin Templeton Investments therefore accept no liability (except for information appearing in prospectuses) for any loss arising, whether direct or indirect, caused by the use of any part of the information provided. Any research and analysis contained in this website has been procured by Franklin Templeton GSC Asset Management Sdn. Bhd. for its own purposes and may be acted upon by it in that connection. It is provided to you only incidentally, and any opinions expressed are subject to change without notice.
Malaysia
STAYING AHEAD OF DIGITAL TRANSFORMATION
Jonathan Curtis, Portfolio Manager of Franklin Technology Strategy, discusses why businesses need to embark on a journey of digital transformation to stay relevant, and the investment opportunities he sees.
Why Invest in Technology?
Widespread Adoption
of Technology
From process automation to big data, digitalisation shapes our world today. Techonology is fueling disruptive innovation, streamlining outdated processes, and creating new possiblities. Over the past few decades, the way we live has already been altered by new developments.
One of the characteristics of modern life seems to be that we are moving at an ever-increasing rate. Multitasking is becoming the norm as the amount of information and data shared over the internet rises substantially, and it continues to grow.
Digital transformation was underway in the pre-COVID environment and accelerated in an era of global social distancing. For the first time in history, we see an acceleration in e-commerce adoption despite GDP declining globally.
As technology-led behaviours continue to play an important role in our lives coming out of the pandemic, digital economy is deemed to be one of the strongest economic drivers.
For most innovations of our history, we can measure success by the level of users. Reaching 50 million users mark is a sure sign of triumph, however how long does it usually take to reach this number?
In today’s tech-fuelled and tech-led world, top products are reaching high levels of consumers in incredibly short amounts of time.
Over the next decade, we expect hundreds of billions of “edge devices” to be deployed, an explosion of data generation, and new approaches to computing to sustainably process and create value from all the data that’s available.
Valuation Remain Attractive and
Tech Firms have Proven Profitable
The information technology (IT) sector topped all 10 other equity sectors by a wide margin in 2020.
We believe the overall IT sector is appropriately valued for the good growth and quality that it offers. In our view, the IT sector has many excellent established, cash- and earning-generating businesses.
Tech Valuations Elevated, But Not Excessive
Tech Firms have become very profitable
Capitalising on Technology
Sector’s Growth
Franklin Technology Strategy
-
Identifies high-quality technology companies worldwide
-
Capitalises on investment opportunities arising from digital transformation
-
Focuses on four leading growth themes artificial intelligence, cloud computing, services, Internet of Things, and e-commerce
more than
20
YEARS
Since Launch
Franklin US Opportunities Fund*
-
Invests highest-quality growth companies located in the US
-
A well-diversified, multi-cap, multi-industry portfolio
-
Leading growth fields in focus are technology and healthcare
more than
20
YEARS
Since Launch
*Feeder fund that feeds into Franklin Templeton Investment Funds – Franklin U.S. Opportunities Fund (Target Fund), a Luxembourg-registered SICAV
NEXT STEPS
Capitalise on the potential of technology sector, speak to a relationship manager at any of our participating distributors:
Related Insights
Topic Paper
The Acceleration of Digital Transformation
Grant Bowers and Matt Moberg talk tech in their 2021 sector outlook.
Topic Paper
Investing In Innovation
Change is happening rapidly, active management helps us identify and capitalize on significant inflection points.
Topic Paper
COVID-19 Crisis Accelerates the Digital Transformation Trend
COVID-19 and the resulting economic crisis has caused an acceleration in digital transformation.
Footnotes
- Source: Visual Capitalist, https://www.visualcapitalist.com/every-minute-internet-2020/, as of 15 September 2020. For illustrative and discussion purposes only. The information provided is not a recommendation to purchase, sell, or hold any particular security and should not be construed as an endorsement of or affiliation with Franklin Templeton.
- Source: Franklin Templeton Capital Market Insights Group, US Bureau of Economic Analysis (BEA). Latest available information as of 10 March 2021, as calculated by BEA for the period 2005–2018. Digital economy segment is an add-on segment estimated by the BEA, and comprises digital-enabling infrastructure, e-commerce transactions and digital media. (https://www.bea.gov/data/special-topics/digital-economy).
- Source: Statista, https://www.statista.com/chart/14395/time-innovations-needed-for-50-million-users/, as of 22 June 2018. For illustrative and discussion purposes only. The information provided is not a recommendation to purchase, sell, or hold any particular security and should not be construed as an endorsement of or affiliation with Franklin Templeton.
- Source: Statista, https://www.statista.com/chart/21584/gafam-revenue-growth/, as of 30 October 2020. For illustrative and discussion purposes only. The information provided is not a recommendation to purchase, sell, or hold any particular security and should not be construed as an endorsement of or affiliation with Franklin Templeton.
- Source for Price-to-Earnings Ratio: © 2021 FactSet, as of 31 March 2021. Price-to-Earnings Ratio is based on an estimate of Next-Twelve-Months (NTM). Copyright © 2021, S&P Dow Jones Indices LLC. All rights reserved. See www.franklintempletondatasources.com/ for additional data provider information. Past performance is no guarantee of future results. Indices are unmanaged, and one cannot invest directly in an index. Source for recessions: National Bureau of Economic Research.
- Source for Earnings-Per-Share: © 2021 FactSet, as of 31 March 2021. Earnings-Per-Share is based on an estimate of Next-Twelve-Months (NTM). Copyright © 2021, S&P Dow Jones Indices LLC. All rights reserved. See www.franklintempletondatasources.com/ for additional data provider information. Past performance is no guarantee of future results. Indices are unmanaged, and one cannot invest directly in an index. Source for recessions: National Bureau of Economic Research.
Important Information
Indices are unmanaged and one cannot invest directly in an index.
This webpage is for information only and does not constitute investment advice or a recommendation and was prepared without regard to the specific objectives, financial situation or needs of any particular person who may receive it. Any research and analysis contained in this webpage has been procured by Franklin Templeton or its own purposes and may be acted upon in that connection and, as such, is provided to you incidentally. Any views expressed are the views of the fund manager and do not constitute investment advice. The underlying assumptions and these views are subject to change. Franklin Templeton accepts no liability whatsoever for any direct or indirect consequential loss arising from the use of any information, opinion or estimate herein. The value of investments and the income from them can go down as well as up and you may not get back the full amount that you invested. Past performance is not an indicator nor a guarantee of future performance.
Any prediction, projection or forecast on the economy, stock market, bond market or the economic trends of the markets is not necessarily indicative of the future or likely performance.
Application for units can only be made by sophisticated investors (as defined under the applicable laws and regulations) and on receipt of an application form referred to and accompanying a copy of the information memorandum of the Fund, dated 16 April 2018, as may be amended and supplemented from time to time (collectively, the “Information Memorandum") and the Fund's product highlights sheet which have been deposited with the Securities Commission, Malaysia. A copy of the Information Memorandum and the product highlights sheet are available from Franklin Templeton Asset Management (Malaysia) Sdn. Bhd. or its authorised distributors. Investors have the right to request for a copy of the product highlights sheet. Investors should read and understand the contents of the Information Memorandum, and the product highlights sheet before investing. Among others, the investors should consider the fees and charges involved. An investment in the Fund entails risks which are described in the Information Memorandum and product highlights sheet. When investing in a fund denominated in a foreign currency, performance may also be affected by currency fluctuations. In emerging markets, the risks can be greater than in developed markets.
This webpage does not constitute the distribution of any information or the making of any offer or solicitation by anyone in any jurisdiction in which such distribution or offer is not authorised or to any person to whom it is unlawful to distribute such a document or make such an offer or solicitation. Investors may wish to seek advice from a professional advisor before making a commitment to invest in units of the Fund. In the event an investor chooses not to, he/ she should consider whether the Fund is suitable for him/ her.
Issued by Franklin Templeton Asset Management (Malaysia) Sdn. Bhd.
