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Can anyone explain the sudden drop in 2 mutual funds. Franklin Small Mid-Cap and Templeton Foreign Equity Fund


The markets on Friday all seem to be up at he close; but these two
mutual funds the bottom droped out.

Most mutual funds pay out distributions this time of year. You can usually go to their websites to find out how much the distribution was. For example, if you go here:

https://www.franklintempleton.com/retail...

...you'll see that the Franklin Small Mid-Cap fund went ex-dividend with a distribution of $2.84 on 12/15.

Here's the info on Templeton Foreign Equity Fund:

https://www.franklintempleton.com/retail...

Sh*t happens

At Friday bse 30 sensex get good rise , but mid cap & smallcap is not. Franklin Small Mid-Cap is not represent this index.so its not working. smilierly Templeton Foreign Equity Fund represent at list 30-40% from foreign equity(not bse 30) so they don't effected of bse 30.Hanse.

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