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) -4.75 5.31 4.86 6.41 7.25
Fund with Sales Charge (%) (POP) -5.68 5.31 4.86 6.41 7.25
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) -4.75 5.31 4.86 6.41 7.25
Fund with Sales Charge (%) (POP) -5.68 5.31 4.86 6.41 7.25
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 -5.42 4.96 4.56 6.11
Fund without Sales Charge (%) (NAV) After Shares Sold -2.43 4.07 3.76 5.12
Fund with Sales Charge (%) (POP) Before Shares Sold -6.34 4.96 4.56 6.11
Fund with Sales Charge (%) (POP) After Shares Sold -2.98 4.07 3.76 5.12
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -5.42 4.96 4.56 6.11
Fund without Sales Charge (%) (NAV) After Shares Sold -2.43 4.07 3.76 5.12
Fund with Sales Charge (%) (POP) Before Shares Sold -6.34 4.96 4.56 6.11
Fund with Sales Charge (%) (POP) After Shares Sold -2.98 4.07 3.76 5.12

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) -17.35 12.50 10.79 7.30 9.93 24.50 18.67 -10.13 11.69 13.64
Fund with Sales Charge (%) (POP) -18.15 11.50 9.79 6.30 8.93 23.50 17.67 -11.01 10.69 12.64
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) 0.00 10.40 -4.75 16.79 26.79 86.05 369.68
Fund with Sales Charge (%) (POP) -1.00 9.40 -5.68 16.79 26.79 86.05 369.68
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) 0.00 10.40 -4.75 16.79 26.79 86.05 369.68
Fund with Sales Charge (%) (POP) -1.00 9.40 -5.68 16.79 26.79 86.05 369.68
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 12.22 11.93
Standard Deviation (MSCI World Financials Sector Index) 14.45 14.84 16.60
Beta 0.82 0.79 0.68
Sharpe Ratio 0.24 0.28 0.55
Information Ratio -1.66 -0.38 -0.03
Tracking Error 4.07 4.59 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 0.82 0.88 0.75
Bull Bear Capture Ratio 0.72 0.89 0.98
% of Positive Months 58.33 58.33 60.83
Gains/Losses 1.35 1.34 1.57
Maximum Drawdown
20.39 20.39 20.39

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

Gross Expense Ratio 2.09%
Net Expense Ratio [further-information] 2.09%
Max Initial Sales Charge 0.00%
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 0.24
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