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) 7.86 4.87 6.13 8.98 8.78
Fund with Sales Charge (%) (POP) 7.86 4.87 6.13 8.98 8.78
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) -3.69 6.51 6.06 7.67 8.62
Fund with Sales Charge (%) (POP) -3.69 6.51 6.06 7.67 8.62
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 6.96 4.28 5.61 8.45
Fund without Sales Charge (%) (NAV) After Shares Sold 5.08 3.68 4.72 7.25
Fund with Sales Charge (%) (POP) Before Shares Sold 6.96 4.28 5.61 8.45
Fund with Sales Charge (%) (POP) After Shares Sold 5.08 3.68 4.72 7.25
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -4.52 5.92 5.55 7.14
Fund without Sales Charge (%) (NAV) After Shares Sold -1.72 4.99 4.69 6.14
Fund with Sales Charge (%) (POP) Before Shares Sold -4.52 5.92 5.55 7.14
Fund with Sales Charge (%) (POP) After Shares Sold -1.72 4.99 4.69 6.14

Calendar Year Returns

2018 2017 2016 2015 2014 2013
Fund without Sales Charge (%) (NAV) -16.41 13.76 12.09 8.55 11.23 25.94
Fund with Sales Charge (%) (POP) -16.41 13.76 12.09 8.55 11.23 25.94
MSCI World Financials Sector Index (%) -16.46 23.41 13.18 -2.87 3.67 27.95
S&P Financials Index (%) -13.03 22.18 22.80 -1.53 15.20 35.63

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) 11.35 16.75 7.86 15.32 34.65 136.32 552.83
Fund with Sales Charge (%) (POP) 11.35 16.75 7.86 15.32 34.65 136.32 552.83
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) 0.28 11.34 -3.69 20.82 34.18 109.39 522.56
Fund with Sales Charge (%) (POP) 0.28 11.34 -3.69 20.82 34.18 109.39 522.56
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) 11.87 12.36 11.99
Standard Deviation (MSCI World Financials Sector Index) 13.94 14.87 16.61
Beta 0.82 0.80 0.68
Sharpe Ratio 0.28 0.41 0.70
Information Ratio -1.10 -0.08 0.23
Tracking Error 4.26 4.64 6.74

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 0.83 0.89 0.75
Bull Bear Capture Ratio 0.79 0.97 1.09
% of Positive Months 58.33 58.33 62.50
Gains/Losses 1.38 1.46 1.74
Maximum Drawdown
19.56 19.56 19.67

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

Gross Expense Ratio 1.06%
Net Expense Ratio [further-information] 0.97%
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 0.28
Standard Deviation 11.87

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