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) -4.05 6.09 5.64 7.17 7.99
Fund with Sales Charge (%) (POP) -9.34 4.11 4.45 6.57 7.71
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) -4.05 6.09 5.64 7.17 7.99
Fund with Sales Charge (%) (POP) -9.34 4.11 4.45 6.57 7.71
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 -4.78 5.60 5.20 6.72
Fund without Sales Charge (%) (NAV) After Shares Sold -1.98 4.67 4.36 5.74
Fund with Sales Charge (%) (POP) Before Shares Sold -10.03 3.63 4.01 6.12
Fund with Sales Charge (%) (POP) After Shares Sold -5.13 3.13 3.42 5.23
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -4.78 5.60 5.20 6.72
Fund without Sales Charge (%) (NAV) After Shares Sold -1.98 4.67 4.36 5.74
Fund with Sales Charge (%) (POP) Before Shares Sold -10.03 3.63 4.01 6.12
Fund with Sales Charge (%) (POP) After Shares Sold -5.13 3.13 3.42 5.23

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) -16.72 13.35 11.61 8.05 10.71 25.32 19.55 -9.49 12.45 14.53
Fund with Sales Charge (%) (POP) -21.30 6.81 5.20 1.82 4.37 18.13 12.64 -14.72 5.96 7.96
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 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) 0.19 11.02 -4.05 19.41 31.58 99.95 446.92
Fund with Sales Charge (%) (POP) -5.33 4.89 -9.34 12.84 24.32 88.96 416.94
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) 0.19 11.02 -4.05 19.41 31.58 99.95 446.92
Fund with Sales Charge (%) (POP) -5.33 4.89 -9.34 12.84 24.32 88.96 416.94
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) 12.22 12.23 11.91
Standard Deviation (MSCI World Financials Sector Index) 14.45 14.84 16.60
Beta 0.82 0.79 0.67
Sharpe Ratio 0.31 0.35 0.61
Information Ratio -1.46 -0.21 0.08
Tracking Error 4.09 4.58 6.81

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 0.82 0.89 0.75
Bull Bear Capture Ratio 0.75 0.93 1.03
% of Positive Months 58.33 58.33 61.67
Gains/Losses 1.41 1.40 1.64
Maximum Drawdown
19.84 19.84 19.84

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

Gross Expense Ratio 1.34%
Net Expense Ratio [further-information] 1.34%
Max Initial Sales Charge 5.50%
CDSC 1.00%

Volatility Measures [further-information] As of 10/31/2019 Updated Monthly, based on a 3-year period

Beta 0.82
Sharpe Ratio 0.31
Standard Deviation 12.22

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