ClearBridge Large Cap Growth ESG Catholic Portfolios
Year to Date Returns (Net)
7.36%
Year to Date Returns (Pure Gross)
9.75%
Overview
- Investment Overview
- Investment Process
- Meet Your Manager
Investment Overview
The ClearBridge Large Cap Growth ESG Catholic Portfolios are designed for investors seeking long-term capital appreciation aligned with Catholic values, investing in large-capitalization companies with the potential for high future earnings growth.
The ESG Investment Program actively incorporates environmental, social and governance (ESG) factors into the fundamental research platform and the stock-selection process. In addition, ongoing company engagement and shareholder advocacy are key components of the Program.
A few examples of the ESG considerations include:
- Innovative workplace policies, employee benefits and programs
- Environmental management system strength, eco-efficiency and life-cycle analysis
- Community involvement, strategic philanthropy and reputation management
- Strong corporate governance and independence on the board
ClearBridge is a Signatory to the UN Principles for Responsible Investment, and is affiliated with the Investor Network on Climate Risk, the Carbon Disclosure Project, the Interfaith Center on Corporate Responsibility, the Global Impact Investing Network, and the US Forum for Sustainable and Responsible Investment.
ClearBridge ESG Investment Program
Guidelines for Catholic Issues Screening
The Environmental, Social and Governance (ESG) Investment Program applies ESG integration, active company engagement and shareholder advocacy to ClearBridge investment strategies.
For clients who wish their portfolios to reflect Catholic values, we offer portfolios managed in a manner that is consistent with the socially responsible investment guidelines of the United States Conference of Catholic Bishops (USCCB).
All of the following screens are applied to accounts to exclude companies*:
- Involved in the provision of abortion services
- Involved in the manufacture of contraceptive products
- That conduct medical research using human embryonic stem cells and/or fetal tissue
- Which derive a significant portion of revenues from production of weapons
- Which derive a small portion of revenues from controversial weapons including nuclear, biological, chemical, landmines, and weapons of mass destruction
- Which derive a significant portion of revenues from tobacco products, alcoholic beverages, gambling services, adult entertainment, and nuclear power
- With an ongoing record of significant controversies, suits and/or fines based on gender, race, age or religion
- That have alignments with governments associated with human rights abuses or repressive regimes
Additionally, upon a client’s request we will exclude companies that conduct medical research using replicated cells derived from fetal cell lines (a more conservative interpretation of this restriction favored by some investors).
* Screening generally involves the exercise of discretion by the ESG team and is based on company and/or other information believed to be reliable, although the accuracy and completeness of such information cannot be guaranteed.
Investment Objective
Seeks to:
- Focus on consistent growth of capital while managing volatility
- Outperform the Russell 1000 Growth Index over a full market cycle, and with less potential risk
- Perform well in rising markets and outperform the Russell 1000 Growth Index in declining markets
- Actively evaluate a company’s “non-financial” drivers of business performance to gauge its level of social awareness and consistency with Catholic values
Investment Philosophy
- Invest in leadership companies where we believe the market price underestimates the magnitude of future growth
- Use stock selection as the primary driver – identify category leaders with characteristics to sustain that position
- Find secular tailwinds to support multi-year investment opportunities, allowing for compounding of earnings and cash flow
- Perform rigorous analysis to understand company fundamentals, key competitive dynamics and industry structure
Believe that the best business models win over time
- Identify barriers to entry and prefer companies with innovation prowess, regardless of size
- Look for businesses that protect and grow market share consistently
- Gravitate to self-funding business models with significant recurring revenue
Seek businesses with the ability to generate superior free cash flow over time
- Stress test the sustainability of profitability and growth
Take a disciplined approach to valuation
Key Differentiators
- High-conviction, concentrated, low-turnover approach
- Bottom-up driven investment decision
- Diversification across growth spectrum (cyclical, stable, select)
Diversification does not guarantee a profit or protect against a loss. Market, security and/or other investment considerations may result in higher turnover from time to time. Also, all capitalization ranges will not necessarily be represented in an individual account. There is no guarantee that the Portfolio's objectives will be met.
Investment Process
Investment Process
Step 1 - Idea Generation
- Sector analysts and PMs each propose companies with attractive business models and good long-term growth prospects for further review.
- Idea generation is an ongoing and continual process.
Step 2 - Fundamental Analysis
- Analysts and PMs work together to understand the durability of a company’s growth and profit.
- Meet with target company management, competitors and industry experts.
- Determine appropriate entry price.
Step 3 - Portfolio Construction
- Own companies with a range of growth and volatility.
- Monitor sector weightings and correlations among current holdings.
Step 4 - Risk Management/Evaluation Discipline
- Assess risk regularly, and re-examine a current holding when fundamentals decline, full value is reached, or a decline in company’s social/environmental performance causes it to violate social and Catholic values screens.
The investment process may change over time. The characteristics set forth above are intended as a general illustration of some of the criteria the strategy team considers in selecting securities for client portfolios. There is no guarantee investment objectives will be achieved.
Meet Your Manager
ClearBridge Investments
ClearBridge Investments is a well-established global investment manager focusing on proprietary research and fundamental investing. With over 60 years of experience building portfolios for clients seeking income solutions, high active share or low-volatility, long-tenured portfolio managers provide strong leadership in a centralized investment structure.
Portfolio Managers
Performance
- Average Annual Total Returns
- Calendar Year Returns
- Cumulative Total Returns
- Risk/Return Profile
- Risk Measures
Average Annual Total Returns
Average Annual Total Returns
2025
Chart
Quarter End As of 09/30/2025 | 1 Year | 3 Years | 5 Years | 7 Years | 10 Years | Since Inception 12/31/2012 | |
|---|---|---|---|---|---|---|---|
| ClearBridge Large Cap Growth ESG Catholic Portfolios - Net (%) | 9.22 | 23.87 | 9.69 | 11.08 | 12.66 | 13.27 | |
| ClearBridge Large Cap Growth ESG Catholic Portfolios - Pure Gross (%) | 12.47 | 27.52 | 12.96 | 14.39 | 16.01 | 16.64 | |
| Russell 1000 Growth Index (%) | 25.53 | 31.61 | 17.58 | 18.10 | 18.83 | 18.10 |
The strategy returns shown are preliminary composite returns, subject to future revision (downward or upward). Past performance is not a guarantee of future results. An investment in this strategy can lose value.
Performance data represents past performance, which does not guarantee future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate with market conditions, and you may have a gain or loss when you sell your shares. Periods less than one year are not annualized. Performance results are for the composite which includes all actual, fully discretionary accounts with substantially similar investment policies and objectives managed to the composite's investment strategy. Composite returns are stated in U.S. dollars and assume reinvestment of any dividends, interest income, capital gains, or other earnings. The composite may include account(s) that are gross of fees and pure gross of fees. “Pure” gross-of-fee returns do not reflect the deduction of any expenses, including transaction costs. A traditional (or "true") gross-of-fee return reflects performance after the reduction of transaction costs but before the reduction of the investment advisory fee. The gross-of-fee return may include a blend of "true" gross-of-fee returns for non-wrap accounts and "pure” gross-of-fee returns for wrap accounts. Net-of-fee returns is reduced by a model “wrap fee” (3.0% is the maximum anticipated wrap fee for equity and balanced portfolios) which includes trading expenses as well as investment management, administrative and custodial fees. The model wrap fee used represents the highest anticipated wrap fee applicable to the strategy. Actual fees and account minimums may vary.
For fee schedules, contact your financial professional, or if you enter into an agreement directly with Franklin Templeton Private Portfolio Group, LLC (“FTPPG”), refer to FTPPG’s Form ADV Part 2A disclosure document. Management and performance of individual accounts may vary for reasons that include the existence of different implementation practices and model requirements in different investment programs.
To obtain specific information on available products and services or a GIPS® Report, contact your Franklin Templeton separately managed account sales team at (800) DIAL BEN/342-5236. ClearBridge Investments, LLC, Martin Currie, Royce Investment Partners, and Western Asset Management Company, LLC claim compliance with the Global Investment Performance Standards (GIPS®). GIPS® is a registered trademark of CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of the content contained herein.
Calendar Year Returns
Calendar Year Returns
Chart
Quarter End As of 09/30/2025 | YTD | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | Performance Inception Date | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ClearBridge Large Cap Growth ESG Catholic Portfolios - Net (%) | 7.36 | 20.51 | 37.86 | -31.87 | 19.59 | 30.12 | 28.39 | -2.65 | 23.19 | 6.28 | 6.82 | 12/31/2012 | |
| ClearBridge Large Cap Growth ESG Catholic Portfolios - Pure Gross (%) | 9.75 | 24.07 | 41.89 | -29.75 | 23.12 | 33.95 | 32.16 | 0.28 | 26.83 | 9.45 | 10.01 | 12/31/2012 | |
| Russell 1000 Growth Index (%) | 17.24 | 33.36 | 42.68 | -29.14 | 27.60 | 38.49 | 36.39 | -1.51 | 30.21 | 7.08 | 5.67 | — |
The strategy returns shown are preliminary composite returns, subject to future revision (downward or upward). Past performance is not a guarantee of future results. An investment in this strategy can lose value.
Performance data represents past performance, which does not guarantee future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate with market conditions, and you may have a gain or loss when you sell your shares. Periods less than one year are not annualized. Performance results are for the composite which includes all actual, fully discretionary accounts with substantially similar investment policies and objectives managed to the composite's investment strategy. Composite returns are stated in U.S. dollars and assume reinvestment of any dividends, interest income, capital gains, or other earnings. The composite may include account(s) that are gross of fees and pure gross of fees. “Pure” gross-of-fee returns do not reflect the deduction of any expenses, including transaction costs. A traditional (or "true") gross-of-fee return reflects performance after the reduction of transaction costs but before the reduction of the investment advisory fee. The gross-of-fee return may include a blend of "true" gross-of-fee returns for non-wrap accounts and "pure” gross-of-fee returns for wrap accounts. Net-of-fee returns is reduced by a model “wrap fee” (3.0% is the maximum anticipated wrap fee for equity and balanced portfolios) which includes trading expenses as well as investment management, administrative and custodial fees. The model wrap fee used represents the highest anticipated wrap fee applicable to the strategy. Actual fees and account minimums may vary.
For fee schedules, contact your financial professional, or if you enter into an agreement directly with Franklin Templeton Private Portfolio Group, LLC (“FTPPG”), refer to FTPPG’s Form ADV Part 2A disclosure document. Management and performance of individual accounts may vary for reasons that include the existence of different implementation practices and model requirements in different investment programs.
To obtain specific information on available products and services or a GIPS® Report, contact your Franklin Templeton separately managed account sales team at (800) DIAL BEN/342-5236. ClearBridge Investments, LLC, Martin Currie, Royce Investment Partners, and Western Asset Management Company, LLC claim compliance with the Global Investment Performance Standards (GIPS®). GIPS® is a registered trademark of CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of the content contained herein.
Cumulative Total Returns
Cumulative Total Returns
The hypothetical growth scenario of $100k does not reflect the deduction of brokerage commissions or taxes that investors may pay on distributions or the sale of shares. Had they been reflected hypothetical values would be lower.
2012
2025
Chart
Quarter End As of 09/30/2025 | YTD | 1 Year | 3 Years | 5 Years | 10 Years | 15 Years | Since Inception 12/31/2012 | |
|---|---|---|---|---|---|---|---|---|
| ClearBridge Large Cap Growth ESG Catholic Portfolios - Net (%) | 7.36 | 9.22 | 90.05 | 58.83 | 229.50 | — | 389.71 | |
| ClearBridge Large Cap Growth ESG Catholic Portfolios - Pure Gross (%) | 9.75 | 12.47 | 107.37 | 83.95 | 341.69 | — | 611.37 | |
| Russell 1000 Growth Index (%) | 17.24 | 25.53 | 127.98 | 124.69 | 461.46 | — | 734.24 |
Historical Cumulative Total Returns
2025
Date Selected As of 09/30/2025 | YTD | 1 Year | 3 Years | 5 Years | 10 Years | 15 Years | Since Inception 12/31/2012 | |
|---|---|---|---|---|---|---|---|---|
| ClearBridge Large Cap Growth ESG Catholic Portfolios - Net (%) | 7.36 | 9.22 | 90.05 | 58.83 | 229.50 | — | 389.71 | |
| ClearBridge Large Cap Growth ESG Catholic Portfolios - Pure Gross (%) | 9.75 | 12.47 | 107.37 | 83.95 | 341.69 | — | 611.37 | |
| Russell 1000 Growth Index (%) | 17.24 | 25.53 | 127.98 | 124.69 | 461.46 | — | 734.24 |
The strategy returns shown are preliminary composite returns, subject to future revision (downward or upward). Past performance is not a guarantee of future results. An investment in this strategy can lose value.
Performance data represents past performance, which does not guarantee future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate with market conditions, and you may have a gain or loss when you sell your shares. Periods less than one year are not annualized. Performance results are for the composite which includes all actual, fully discretionary accounts with substantially similar investment policies and objectives managed to the composite's investment strategy. Composite returns are stated in U.S. dollars and assume reinvestment of any dividends, interest income, capital gains, or other earnings. The composite may include account(s) that are gross of fees and pure gross of fees. “Pure” gross-of-fee returns do not reflect the deduction of any expenses, including transaction costs. A traditional (or "true") gross-of-fee return reflects performance after the reduction of transaction costs but before the reduction of the investment advisory fee. The gross-of-fee return may include a blend of "true" gross-of-fee returns for non-wrap accounts and "pure” gross-of-fee returns for wrap accounts. Net-of-fee returns is reduced by a model “wrap fee” (3.0% is the maximum anticipated wrap fee for equity and balanced portfolios) which includes trading expenses as well as investment management, administrative and custodial fees. The model wrap fee used represents the highest anticipated wrap fee applicable to the strategy. Actual fees and account minimums may vary.
For fee schedules, contact your financial professional, or if you enter into an agreement directly with Franklin Templeton Private Portfolio Group, LLC (“FTPPG”), refer to FTPPG’s Form ADV Part 2A disclosure document. Management and performance of individual accounts may vary for reasons that include the existence of different implementation practices and model requirements in different investment programs.
To obtain specific information on available products and services or a GIPS® Report, contact your Franklin Templeton separately managed account sales team at (800) DIAL BEN/342-5236. ClearBridge Investments, LLC, Martin Currie, Royce Investment Partners, and Western Asset Management Company, LLC claim compliance with the Global Investment Performance Standards (GIPS®). GIPS® is a registered trademark of CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of the content contained herein.
Risk/Return Profile
Risk/Return Profile (%)
Based on a 10 year period ending Sep-30-2025
Chart
| Net |
| Pure Gross |
| Russell 1000 Growth Index |
The strategy returns shown are preliminary composite returns, subject to future revision (downward or upward). Past performance is not a guarantee of future results. An investment in this strategy can lose value.
Performance data represents past performance, which does not guarantee future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate with market conditions, and you may have a gain or loss when you sell your shares. Periods less than one year are not annualized. Performance results are for the composite which includes all actual, fully discretionary accounts with substantially similar investment policies and objectives managed to the composite's investment strategy. Composite returns are stated in U.S. dollars and assume reinvestment of any dividends, interest income, capital gains, or other earnings. The composite may include account(s) that are gross of fees and pure gross of fees. “Pure” gross-of-fee returns do not reflect the deduction of any expenses, including transaction costs. A traditional (or "true") gross-of-fee return reflects performance after the reduction of transaction costs but before the reduction of the investment advisory fee. The gross-of-fee return may include a blend of "true" gross-of-fee returns for non-wrap accounts and "pure” gross-of-fee returns for wrap accounts. Net-of-fee returns is reduced by a model “wrap fee” (3.0% is the maximum anticipated wrap fee for equity and balanced portfolios) which includes trading expenses as well as investment management, administrative and custodial fees. The model wrap fee used represents the highest anticipated wrap fee applicable to the strategy. Actual fees and account minimums may vary.
For fee schedules, contact your financial professional, or if you enter into an agreement directly with Franklin Templeton Private Portfolio Group, LLC (“FTPPG”), refer to FTPPG’s Form ADV Part 2A disclosure document. Management and performance of individual accounts may vary for reasons that include the existence of different implementation practices and model requirements in different investment programs.
To obtain specific information on available products and services or a GIPS® Report, contact your Franklin Templeton separately managed account sales team at (800) DIAL BEN/342-5236. ClearBridge Investments, LLC, Martin Currie, Royce Investment Partners, and Western Asset Management Company, LLC claim compliance with the Global Investment Performance Standards (GIPS®). GIPS® is a registered trademark of CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of the content contained herein.
Risk Measures
Risk Measures
| Statistics | 1 Year | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|
| Alpha (Net of Fees) | -10.05 | -4.34 | -6.24 | -4.48 |
| Beta (Net) | 0.95 | 0.92 | 0.96 | 0.95 |
| R-Squared (Net) | 0.94 | 0.90 | 0.94 | 0.94 |
| Historical Tracking Error (Net) | 5.82 | 4.98 | 4.44 | 4.11 |
| Historical Tracking Error (Pure Gross) | 5.82 | 4.98 | 4.44 | 4.11 |
| Information Ratio (Pure Gross) | -2.24 | -0.82 | -1.04 | -0.68 |
| Information Ratio (Net) | -2.80 | -1.55 | -1.77 | -1.50 |
| Standard Deviation (%) | 1 Year | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|
| Standard Deviation (Net) | 17.00 | 15.47 | 18.66 | 17.00 |
| Sharpe Ratio (%) | 1 Year | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|
| Sharpe Ratio (Net) | 0.67 | 1.16 | 0.43 | 0.67 |
| Sharpe Ratio (Pure Gross) | 0.84 | 1.35 | 0.58 | 0.84 |
The strategy returns shown are preliminary composite returns, subject to future revision (downward or upward). Past performance is not a guarantee of future results. An investment in this strategy can lose value.
Performance data represents past performance, which does not guarantee future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate with market conditions, and you may have a gain or loss when you sell your shares. Periods less than one year are not annualized. Performance results are for the composite which includes all actual, fully discretionary accounts with substantially similar investment policies and objectives managed to the composite's investment strategy. Composite returns are stated in U.S. dollars and assume reinvestment of any dividends, interest income, capital gains, or other earnings. The composite may include account(s) that are gross of fees and pure gross of fees. “Pure” gross-of-fee returns do not reflect the deduction of any expenses, including transaction costs. A traditional (or "true") gross-of-fee return reflects performance after the reduction of transaction costs but before the reduction of the investment advisory fee. The gross-of-fee return may include a blend of "true" gross-of-fee returns for non-wrap accounts and "pure” gross-of-fee returns for wrap accounts. Net-of-fee returns is reduced by a model “wrap fee” (3.0% is the maximum anticipated wrap fee for equity and balanced portfolios) which includes trading expenses as well as investment management, administrative and custodial fees. The model wrap fee used represents the highest anticipated wrap fee applicable to the strategy. Actual fees and account minimums may vary.
For fee schedules, contact your financial professional, or if you enter into an agreement directly with Franklin Templeton Private Portfolio Group, LLC (“FTPPG”), refer to FTPPG’s Form ADV Part 2A disclosure document. Management and performance of individual accounts may vary for reasons that include the existence of different implementation practices and model requirements in different investment programs.
To obtain specific information on available products and services or a GIPS® Report, contact your Franklin Templeton separately managed account sales team at (800) DIAL BEN/342-5236. ClearBridge Investments, LLC, Martin Currie, Royce Investment Partners, and Western Asset Management Company, LLC claim compliance with the Global Investment Performance Standards (GIPS®). GIPS® is a registered trademark of CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of the content contained herein.
Portfolio
Positions
| Portfolio | Benchmark | |
|---|---|---|
| Number of Issuers | 38 | 391 |
Portfolio Statistics
| Portfolio | Benchmark | |
|---|---|---|
| Estimated 3-5 Year EPS Growth | 12.41% | 13.91% |
| Price to Earnings (12-Month Forward) | 32.66x | 34.54x |
| Dividend Yield | 0.47% | 0.50% |
| Median Market Cap (USD) | $1,413.87 Billion | $1,557.84 Billion |
| Price to Book | 16.31x | 20.20x |
| Weighted Average Market Capitalization (USD) | $1,703.77 Billion | $1,964.00 Billion |
Portfolio characteristics are based on a model portfolio, not an actual client account. The model portfolio is a hypothetical portfolio whereby the portfolio characteristics are based on simulated trading and account activity of a client account invested in this strategy. The model portfolio assumes no withdrawals, contributions or client-imposed restrictions. Portfolio characteristics of individual client accounts may differ from those of the model portfolio as a result of account size, client-imposed restrictions, the timing of client investments, market conditions, contributions, withdrawals and other factors.
Portfolio Allocations
- Sector
- Market Capitalization
Sector
Sector Allocation
Chart
| Portfolio | Benchmark | ||
|---|---|---|---|
| Information Technology | 42.75% | 52.65% | |
| Communication Services | 13.30% | 11.49% | |
| Consumer Discretionary | 13.04% | 13.20% | |
| Financials | 8.59% | 6.18% | |
| Industrials | 8.12% | 5.91% | |
| Health Care | 4.78% | 6.80% | |
| Materials | 2.42% | 0.32% | |
| Consumer Staples | 2.11% | 2.42% | |
| Real Estate | 1.36% | 0.44% | |
| Cash & Cash Equivalents | 3.53% | — |
Portfolio characteristics are based on a model portfolio, not an actual client account. The model portfolio is a hypothetical portfolio whereby the portfolio characteristics are based on simulated trading and account activity of a client account invested in this strategy. The model portfolio assumes no withdrawals, contributions or client-imposed restrictions. Portfolio characteristics of individual client accounts may differ from those of the model portfolio as a result of account size, client-imposed restrictions, the timing of client investments, market conditions, contributions, withdrawals and other factors.
Market Capitalization
Market Capitalization Allocation
Chart
| Portfolio | ||
|---|---|---|
| 10-50 Billion | 2.26% | |
| 50-250 Billion | 33.61% | |
| 250-500 Billion | 1.94% | |
| >500 Billion | 62.19% |
Portfolio characteristics are based on a model portfolio, not an actual client account. The model portfolio is a hypothetical portfolio whereby the portfolio characteristics are based on simulated trading and account activity of a client account invested in this strategy. The model portfolio assumes no withdrawals, contributions or client-imposed restrictions. Portfolio characteristics of individual client accounts may differ from those of the model portfolio as a result of account size, client-imposed restrictions, the timing of client investments, market conditions, contributions, withdrawals and other factors.
Portfolio Holdings
Top Equity Issuers
Chart
| Portfolio | ||
|---|---|---|
| NVIDIA Corp | 12.78% | |
| Microsoft Corp | 8.22% | |
| Amazon.com Inc | 7.69% | |
| Meta Platforms Inc | 6.68% | |
| Apple Inc | 5.91% | |
| Visa Inc | 4.23% | |
| Netflix Inc | 3.94% | |
| Alphabet Inc | 2.68% | |
| Tesla Inc | 2.50% | |
| Palo Alto Networks Inc | 2.44% |
Documents
Product Documents
Factsheet
Disclosure
Pitchbook
Risks
What Are the Risks?
All investments involve risks, including possible loss of principal. The managers’ environmental, social and governance (ESG) strategies may limit the types and number of investments available and, as a result, may forgo favorable market opportunities or underperform strategies that are not subject to such criteria. There is no guarantee that the strategy's ESG directives will be successful or will result in better performance.
Important Information
Separately Managed Accounts (SMAs) are investment services provided by Franklin Templeton Private Portfolio Group, LLC (FTPPG), a federally registered investment adviser. Client portfolios are managed based on investment instructions or advice provided by one or more of the following Franklin Templeton affiliated sub-advisers: ClearBridge Investments, LLC. Management is implemented by FTPPG, the designated sub-adviser or, in the case of certain programs, the program sponsor or its designee.
Performance data quoted represents past performance, which does not guarantee future results. Current performance may differ from figures shown. Investment return and principal value will fluctuate with market conditions, and you may have a gain or a loss when you sell your shares. Returns reflect reinvestment of dividends and capital gains. Performance figures for periods shorter than one year represent cumulative figures and are not annualized. All performance is reported in US dollars.
ClearBridge Investments, LLC, Franklin Templeton Investment Solutions, Martin Currie, Royce Investment Partners, Western Asset Management Company, LLC, and Franklin Templeton claim compliance with the Global Investment Performance Standards (GIPS®). GIPS® is a registered trademark of CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of the content contained herein.
Professional money management may not be suitable for all investors. Factual information relating to the securities discussed was obtained from sources believed to be reliable, but there can be no guarantee as to its accuracy. It should not be assumed that investments made in the future will be profitable or will equal the performance of the securities discussed in the material.
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Franklin Templeton (FT) is not undertaking to provide impartial advice. Nothing herein is intended to provide fiduciary advice. FT has a financial interest.
Important data provider notices and terms available at www.franklintempletondatasources.com.
CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
Indexes are unmanaged and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.
The Russell 1000 Growth Index measures the performance of the large-cap growth segment of the U.S. equity universe.
Source: FTSE.
All entities mentioned are Franklin Templeton affiliated companies. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.
Footnotes
Dividend yield is calculated without the deduction of fees and expenses.