Franklin Mutual Financial Services Fund

Average Annual Total Returns [further-information] As of 05/31/2020

Month EndAs of 05/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 08/19/1997
Fund without Sales Charge (%) (NAV) -22.77 -8.41 -2.35 5.15 6.95
Fund with Sales Charge (%) (POP) -22.77 -8.41 -2.35 5.15 6.95
MSCI World Financials Sector Index (%) -12.98 -2.53 0.66 5.67
S&P Financials Index (%) -7.83 2.32 5.42 9.06 3.98
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 08/19/1997
Fund without Sales Charge (%) (NAV) -30.21 -10.99 -3.35 3.63 6.55
Fund with Sales Charge (%) (POP) -30.21 -10.99 -3.35 3.63 6.55
MSCI World Financials Sector Index (%) -20.51 -5.33 -0.61 3.35
S&P Financials Index (%) -17.15 -2.31 3.36 6.89 3.46

After-Tax Average Annual Total Returns [further-information] As of 05/31/2020

Month EndAs of 05/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -23.14 -8.98 -2.86 4.65
Fund without Sales Charge (%) (NAV) After Shares Sold -13.00 -6.11 -1.64 4.17
Fund with Sales Charge (%) (POP) Before Shares Sold -23.14 -8.98 -2.86 4.65
Fund with Sales Charge (%) (POP) After Shares Sold -13.00 -6.11 -1.64 4.17
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -30.54 -11.54 -3.85 3.13
Fund without Sales Charge (%) (NAV) After Shares Sold -17.39 -7.91 -2.33 2.95
Fund with Sales Charge (%) (POP) Before Shares Sold -30.54 -11.54 -3.85 3.13
Fund with Sales Charge (%) (POP) After Shares Sold -17.39 -7.91 -2.33 2.95

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013
Fund without Sales Charge (%) (NAV) 19.51 -16.41 13.76 12.09 8.55 11.23 25.94
Fund with Sales Charge (%) (POP) 19.51 -16.41 13.76 12.09 8.55 11.23 25.94
MSCI World Financials Sector Index (%) 26.41 -16.46 23.41 13.18 -2.87 3.67 27.95
S&P Financials Index (%) 32.13 -13.03 22.18 22.80 -1.53 15.20 35.63

Cumulative Total Returns [further-information] As of 05/31/2020

Month EndAs of 05/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 08/19/1997
Fund without Sales Charge (%) (NAV) -20.77 -30.79 -22.77 -23.18 -11.22 65.29 362.49
Fund with Sales Charge (%) (POP) -20.77 -30.79 -22.77 -23.18 -11.22 65.29 362.49
MSCI World Financials Sector Index (%) -14.63 -25.00 -12.98 -7.41 3.36 73.55
S&P Financials Index (%) -11.43 -23.37 -7.83 7.13 30.19 137.97 143.13
Quarter EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 08/19/1997
Fund without Sales Charge (%) (NAV) -37.16 -37.16 -30.21 -29.49 -15.66 42.82 319.94
Fund with Sales Charge (%) (POP) -37.16 -37.16 -30.21 -29.49 -15.66 42.82 319.94
MSCI World Financials Sector Index (%) -31.71 -31.71 -20.51 -15.15 -3.03 39.05
S&P Financials Index (%) -31.92 -31.92 -17.15 -6.77 18.00 94.64 116.00

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 21.27 18.45 15.30
Standard Deviation (MSCI World Financials Sector Index) 20.29 18.55 17.93
Beta 1.01 0.96 0.80
Sharpe Ratio -0.45 -0.14 0.35
Information Ratio -0.92 -0.59 -0.07
Tracking Error 5.36 5.09 6.68

ADDITIONAL RISK STATISTICSAs of 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.69 0.72 0.63
Beta Bear 1.20 1.16 1.05
Bull Bear Capture Ratio 0.79 0.84 0.94
Gains/Losses 0.79 1.02 1.45

SALES CHARGE, EXPENSES & FEES As of 05/01/2020 (updated annually)

Gross Expense Ratio 1.05%
Net Expense Ratio [further-information] 0.98%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 06/30/2020 Updated Monthly, based on a 3-year period

Beta 1.01
Sharpe Ratio -0.45
Standard Deviation 21.27

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