Franklin Templeton Thursday rolled out an All Cap Value Fund, adding the fifth and final member of the San Mateo, Calif.-based company’s cap-specific value lineup.

The fund is able to hold companies of any market value. While managers Bill Lippman  and Steve Raineri currently plan  to keep foreign investments at about  15% of the fund’s holdings, foreign equities could account for as much as 25% of the portfolio.

“We are bargain seekers, looking for the most value wherever we can find it,” said Lippman, who is the president of Franklin Advisory Services in Fort Lee, N.J. “We seek securities trading at prices below the true value of their underlying assets, with strong long-term fundamentals and solid prospects that have wither flown under the market’s radar or have been undervalues because investors have overreacted due to unfavorable news or anticipated poor economic conditions.”

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