Franklin Mutual Financial Services Fund

Average Annual Total Returns [further-information] As of 11/30/2019

Month EndAs of 11/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 08/19/1997
Fund without Sales Charge (%) (NAV) 7.75 4.74 5.99 8.78 8.47
Fund with Sales Charge (%) (POP) 7.75 4.74 5.99 8.78 8.47
MSCI World Financials Sector Index (%) 11.52 9.56 6.51 7.41
S&P Financials Index (%) 14.16 12.42 10.98 11.79 5.19
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 08/19/1997
Fund without Sales Charge (%) (NAV) -3.83 6.36 5.92 7.47 8.31
Fund with Sales Charge (%) (POP) -3.83 6.36 5.92 7.47 8.31
MSCI World Financials Sector Index (%) 0.12 11.13 5.96 6.55
S&P Financials Index (%) 3.92 15.47 10.51 10.77 4.89

After-Tax Average Annual Total Returns [further-information] As of 11/30/2019

Month EndAs of 11/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.88 4.19 5.47 8.25
Fund without Sales Charge (%) (NAV) After Shares Sold 5.00 3.59 4.61 7.09
Fund with Sales Charge (%) (POP) Before Shares Sold 6.88 4.19 5.47 8.25
Fund with Sales Charge (%) (POP) After Shares Sold 5.00 3.59 4.61 7.09
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -4.62 5.81 5.41 6.95
Fund without Sales Charge (%) (NAV) After Shares Sold -1.82 4.88 4.58 5.98
Fund with Sales Charge (%) (POP) Before Shares Sold -4.62 5.81 5.41 6.95
Fund with Sales Charge (%) (POP) After Shares Sold -1.82 4.88 4.58 5.98

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) -16.49 13.61 11.94 8.34 11.07 25.67 19.98 -9.26 12.84 14.82
Fund with Sales Charge (%) (POP) -16.49 13.61 11.94 8.34 11.07 25.67 19.98 -9.26 12.84 14.82
MSCI World Financials Sector Index (%) -16.46 23.41 13.18 -2.87 3.67 27.95 30.12 -18.07 5.07 31.81
S&P Financials Index (%) -13.03 22.18 22.80 -1.53 15.20 35.63 28.82 -17.06 12.13 17.22

Cumulative Total Returns [further-information] As of 11/30/2019

Month EndAs of 11/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 08/19/1997
Fund without Sales Charge (%) (NAV) 11.33 16.60 7.75 14.92 33.77 132.05 512.60
Fund with Sales Charge (%) (POP) 11.33 16.60 7.75 14.92 33.77 132.05 512.60
MSCI World Financials Sector Index (%) 11.42 22.66 11.52 31.49 37.09 104.35
S&P Financials Index (%) 12.57 28.67 14.16 42.06 68.33 204.68 208.98
Quarter EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 08/19/1997
Fund without Sales Charge (%) (NAV) 0.23 11.20 -3.83 20.32 33.33 105.58 484.25
Fund with Sales Charge (%) (POP) 0.23 11.20 -3.83 20.32 33.33 105.58 484.25
MSCI World Financials Sector Index (%) 0.41 16.07 0.12 37.23 33.57 88.50
S&P Financials Index (%) 2.01 19.60 3.92 53.91 64.82 178.12 187.21

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 11/30/2019 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 11.85 12.36 11.98
Standard Deviation (MSCI World Financials Sector Index) 13.94 14.87 16.61
Beta 0.82 0.80 0.68
Sharpe Ratio 0.27 0.40 0.69
Information Ratio -1.13 -0.11 0.20
Tracking Error 4.27 4.64 6.75

ADDITIONAL RISK STATISTICSAs of 11/30/2019 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.71 0.69 0.63
Beta Bear 0.82 0.89 0.75
Bull Bear Capture Ratio 0.78 0.96 1.08
Gains/Losses 1.38 1.45 1.72

SALES CHARGE, EXPENSES & FEES As of 05/01/2019 (updated annually)

Gross Expense Ratio 1.09%
Net Expense Ratio [further-information] 1.09%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 11/30/2019 Updated Monthly, based on a 3-year period

Beta 0.82
Sharpe Ratio 0.27
Standard Deviation 11.85

Benchmarks

A benchmark is a comparable broad-based index that can be used to evaluate a fund's performance.

  • MSCI World Financials Sector Index
  • S&P Financials Index