Fund Description

The fund seeks capital appreciation with income as a secondary goal. Its strategy is focused on undervalued mid- to large-cap equity securities with a significant portion of its assets in foreign securities. The fund also invests in distressed securities and merger arbitrage.

Strategy Statement

"Our goal is to deliver attractive, risk-adjusted returns over the long run. We don't make macro calls on the economy, instead focusing on identifying what a business is worth through careful research."

Shawn Tumulty

Management

Shawn Tumulty

Shawn Tumulty

  • Joined Franklin Templeton in 2000
  • Managed Fund Since 2003
Keith W. Luh, CFA

Keith W. Luh, CFA®

  • Joined Franklin Templeton in 2005
  • Managed Fund Since 2010

INVESTMENT PHILOSOPHY, STRATEGY AND APPROACH

Rating

Overall Morningstar Rating As of 11/30/2018

Rating Category: World Allocation

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 11/30/2018

Years Ratings Funds
in category
3
5 Stars
392
5
4 Stars
325
10
4 Stars
161

Morningstar Style Box

We do not publish a style box for this fund.

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