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Franklin Templeton receives five new fund ratings

Franklin Templeton has had five funds awarded fund management ratings from Standard & Poor&#39s and seen its mutual beacon fund have its &#39A&#39 rating reconfirmed.

The Franklin global small mid-cap growth fund, mutual shares II fund and Templeton EuroMarket fund have all been awarded an &#39A&#39 rating while the Templeton growth fund and Franklin US equity fund have received a &#39AA&#39 rating.

Franklin&#39s mutual beacon fund – which changed manager to David Winters and Matt Haynes – has retained its &#39A&#39 rating after S&P reassessed the fund.

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