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Is the Franklin Technology Fund overvalued?
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Dora Seow
09 Dec 2020
Country Head, Singapore at Franklin Templeton
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We think that the valuation for the technology sector, and by extension Franklin Technology Fund, is a fair one. Technology has really been a key antidote for the world this year, especially during the depths of the pandemic where distancing has been all but mandatory. Technology and its related platforms and applications have helped to bridge this distancing gap! Over the longer term, we continue to believe in above average growth rates for the Tech sector due to the increasingly embedded role tech continues to play in our lives. We think that some of the strongest tech companies today, including those that we hold in our Fund, have the potential to become even stronger in the next five years.