Fund Description

The fund seeks capital appreciation by investing primarily in companies which management believes are leaders in innovation, take advantage of new technologies, have superior management, and benefit from new industry conditions in the dynamically changing global economy.

Strategy Statement

"We invest in innovation. We believe innovation represents a driving force behind value creation in the economy."

Management

Matthew Moberg

Matthew Moberg

  • Joined Franklin Templeton in 1998
  • Managed Fund Since 2004
Rupert Johnson Jr.

Rupert Johnson Jr.

  • Joined Franklin Templeton in 1965
  • Managed Fund Since 1968

Rating

Overall Morningstar Rating As of 04/30/2018

Rating Category: Large Growth

Morningstar
The fund's overall Morningstar Rating measures risk-adjusted returns and is derived from a weighted average of the performance figures associated with its 3-, 5- and 10-year (if applicable) rating metrics.

Historical Morningstar Rating As of 04/30/2018

Years Ratings Funds
in category
3
5 Stars
1246
5
5 Stars
1125
10
5 Stars
802

Morningstar Style Box As of03/31/2018

Strategy, Benefits, Results

Strategy

We use fundamental, bottom-up research to find innovative, fast-growing companies that meet our criteria of

  • Growth. We focus on companies with the potential to produce sustainable earnings and cash-flow growth.
  • Quality. We seek high-quality companies with strong management teams and financial strength.
  • Valuation. We assess whether the growth opportunity is already reflected in the stock price.

Benefits

  • Participate in trends moving markets. Invest in innovative sectors—technology, medicine, global communications—that we believe are poised for long-term growth.
  • Tenured and experienced. Portfolio management team has a combined 56 years of industry experience.
  • Distinct research structure. Our investment professionals are organized into collaborative sector teams.

Selling The Fund

  1. Highlight the fund's historically strong calendar-year track record.
  2. Discuss the fund's focus on leading, quality companies that have a unique technological advantage over their competitors.

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