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) -23.65 -9.45 -3.46 3.93 5.60
Fund with Sales Charge (%) (POP) -24.40 -9.45 -3.46 3.93 5.60
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) -30.97 -11.99 -4.43 2.42 5.21
Fund with Sales Charge (%) (POP) -31.65 -11.99 -4.43 2.42 5.21
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 -23.79 -9.79 -3.74 3.65
Fund without Sales Charge (%) (NAV) After Shares Sold -13.82 -6.93 -2.53 3.14
Fund with Sales Charge (%) (POP) Before Shares Sold -24.55 -9.79 -3.74 3.65
Fund with Sales Charge (%) (POP) After Shares Sold -14.27 -6.93 -2.53 3.14
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -31.09 -12.32 -4.70 2.15
Fund without Sales Charge (%) (NAV) After Shares Sold -18.15 -8.72 -3.21 1.95
Fund with Sales Charge (%) (POP) Before Shares Sold -31.78 -12.32 -4.70 2.15
Fund with Sales Charge (%) (POP) After Shares Sold -18.55 -8.72 -3.21 1.95

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 18.15 -17.35 12.50 10.79 7.30 9.93 24.50 18.67 -10.13 11.69
Fund with Sales Charge (%) (POP) 17.15 -18.15 11.50 9.79 6.30 8.93 23.50 17.67 -11.01 10.69
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) -21.01 -31.13 -23.65 -25.74 -16.15 47.01 246.18
Fund with Sales Charge (%) (POP) -21.80 -31.81 -24.40 -25.74 -16.15 47.01 246.18
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) -37.31 -37.31 -30.97 -31.82 -20.29 27.05 215.11
Fund with Sales Charge (%) (POP) -37.93 -37.93 -31.65 -31.82 -20.29 27.05 215.11
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) 21.23 18.42 15.29
Standard Deviation (MSCI World Financials Sector Index) 20.29 18.55 17.93
Beta 1.01 0.96 0.80
Sharpe Ratio -0.50 -0.20 0.27
Information Ratio -1.12 -0.81 -0.25
Tracking Error 5.35 5.09 6.68

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

3 YR 5 YR 10 YR
Beta Bull 0.68 0.72 0.63
Beta Bear 1.20 1.16 1.04
Bull Bear Capture Ratio 0.75 0.79 0.88
Gains/Losses 0.75 0.97 1.37

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

Gross Expense Ratio 2.10%
Net Expense Ratio [further-information] 2.10%
Max Initial Sales Charge 0.00%
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 -0.50
Standard Deviation 21.23

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