Franklin Alternative Strategies Adv
FABZX
NASDAQ- -
USD
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Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- San Mateo CA 94403-1906 San Mateo CA United States of America 94403-1906
- IPO Date
- Nov 20, 2013
- CIK
- 0001535538
- Website
- franklintempleton.com
- Similar Companies
- Business
- Franklin K2 Alternative Strategies Fund (FABZX) is a multi-strategy alternative investment mutual fund that seeks total return through a diversified portfolio of liquid alternative investments. The Fund employs a variety of strategies including long/short equity, event-driven, relative value arbitrage, global macro, managed futures, and emerging markets debt; it invests primarily in shares of underlying hedge funds and other alternative investment vehicles managed by leading third-party investment managers selected by the Fund's adviser. Franklin K2 Alternative Strategies Fund is managed by K2 Advisors, L.L.C., a subsidiary of Franklin Resources, Inc., and operates within the alternative investments segment targeting institutional and high-net-worth investors seeking low correlation to traditional equity and fixed income markets. Established in 2014 and headquartered in New York, the Fund is available to U.S. investors through broker-dealers and financial advisors, with a focus on providing institutional-quality alternative strategies in a fully liquid mutual fund structure compliant with the Investment Company Act of 1940. Geographically, it maintains a global investment scope, allocating to strategies across North America, Europe, Asia-Pacific, and emerging markets. In recent developments, the Fund benefited from Franklin Resources, Inc.'s acquisition of K2 Asset Management in 2023, which expanded its alternative investment capabilities and integrated K2's expertise into Franklin Templeton's broader platform; this strategic move enhanced manager research, risk management, and distribution channels. Additionally, the Fund launched share class expansions and fee optimizations in 2024 to improve accessibility amid rising demand for liquid alternatives, while maintaining its commitment to rigorous due diligence on over 1,000 underlying managers. No significant reorganizations or name changes have occurred within the last two years.