Franklin Mutual Financial Services Fund

Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 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
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 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 09/30/2019

Month 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
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 09/30/2019

Month 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
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 10/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 12.24 12.24 11.94
Standard Deviation (MSCI World Financials Sector Index) 14.45 14.84 16.60
Beta 0.82 0.79 0.68
Sharpe Ratio 0.34 0.38 0.65
Information Ratio -1.37 -0.12 0.16
Tracking Error 4.07 4.58 6.79

ADDITIONAL RISK STATISTICSAs of 10/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.77 0.69 0.64
Beta Bear 0.83 0.89 0.75
Bull Bear Capture Ratio 0.77 0.96 1.06
% of Positive Months 58.33 58.33 61.67
Gains/Losses 1.44 1.43 1.68
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 10/31/2019 Updated Monthly, based on a 3-year period

Beta 0.82
Sharpe Ratio 0.34
Standard Deviation 12.24

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