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) -23.05 -8.76 -2.72 4.68 6.34
Fund with Sales Charge (%) (POP) -27.27 -10.46 -3.82 4.09 6.07
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) -30.47 -11.32 -3.73 3.17 5.94
Fund with Sales Charge (%) (POP) -34.29 -12.97 -4.81 2.58 5.67
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 -23.35 -9.24 -3.14 4.25
Fund without Sales Charge (%) (NAV) After Shares Sold -13.26 -6.38 -1.94 3.77
Fund with Sales Charge (%) (POP) Before Shares Sold -27.55 -10.93 -4.23 3.66
Fund with Sales Charge (%) (POP) After Shares Sold -15.78 -7.62 -2.75 3.29
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -30.74 -11.78 -4.14 2.74
Fund without Sales Charge (%) (NAV) After Shares Sold -17.64 -8.18 -2.64 2.57
Fund with Sales Charge (%) (POP) Before Shares Sold -34.54 -13.43 -5.22 2.16
Fund with Sales Charge (%) (POP) After Shares Sold -19.92 -9.36 -3.44 2.10

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 19.06 -16.72 13.35 11.61 8.05 10.71 25.32 19.55 -9.49 12.45
Fund with Sales Charge (%) (POP) 12.49 -21.30 6.81 5.20 1.82 4.37 18.13 12.64 -14.72 5.96
MSCI World Financials Sector Index (%) 26.41 -16.46 23.41 13.18 -2.87 3.67 27.95 30.12 -18.07 5.07
S&P Financials Index (%) 32.13 -13.03 22.18 22.80 -1.53 15.20 35.63 28.82 -17.06 12.13

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) -20.85 -30.90 -23.05 -24.05 -12.90 57.97 305.32
Fund with Sales Charge (%) (POP) -25.20 -34.70 -27.27 -28.22 -17.71 49.33 283.10
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) -37.20 -37.20 -30.47 -30.25 -17.30 36.57 268.36
Fund with Sales Charge (%) (POP) -40.65 -40.65 -34.29 -34.09 -21.86 29.06 248.16
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) 21.24 18.44 15.28
Standard Deviation (MSCI World Financials Sector Index) 20.29 18.55 17.93
Beta 1.01 0.96 0.79
Sharpe Ratio -0.47 -0.16 0.32
Information Ratio -0.98 -0.66 -0.14
Tracking Error 5.37 5.10 6.70

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

3 YR 5 YR 10 YR
Beta Bull 0.69 0.72 0.62
Beta Bear 1.20 1.16 1.04
Bull Bear Capture Ratio 0.78 0.82 0.92
Gains/Losses 0.78 1.00 1.42

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

Gross Expense Ratio 1.35%
Net Expense Ratio [further-information] 1.35%
Max Initial Sales Charge 5.50%
CDSC 1.00%

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

Beta 1.01
Sharpe Ratio -0.47
Standard Deviation 21.24

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