Managed Strategy Since 2021
Franklin International Growth Equity ADR SMA
Popular Documents
Overview
Product Facts
Strategy description
The Franklin International Growth Equity ADR SMA seeks capital appreciation by investing predominantly in the equity securities of mid- and large-capitalization companies outside the U.S. with long-term growth potential.
- Benchmark
- MSCI EAFE Index-NR
- Inception Date
- 12/31/2019
- Asset Class
- Equity
Average Annual Total Returns As of 10/31/2025
- 6.10%1 Year
- 9.18%3 Years
- -0.56%5 Years
- —10 Years
- 0.92%Since Inception
12/31/2019
Performance data quoted represents past performance, which does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the figures shown.
Top Sectors
As of 10/31/2025 % of Total (Updated Monthly)
Information Technology27.16% | |
Industrials22.89% | |
Health Care18.33% | |
Consumer Discretionary11.80% | |
Communication Services7.78% |
Manager and Commentary
About the Team
Franklin Equity Group
Growth equity managers with a focus on in-depth fundamental research, we offer expertise in managing global, U.S. and sector-specific strategies across the market capitalization spectrum. Our center of gravity in Silicon Valley allows us to follow companies across their private to public life cycles, developing deeper insights into future industry trends and identifying potential disruptors.
Commentary Highlights
September 30, 2025- Markets: International equities collectively moved higher over the third quarter of 2025, though lagging the gains seen in other regions. Despite some volatility during the quarter, particularly following US economic data releases, investors welcomed easing trade tensions and optimism surrounding artificial intelligence (AI) advancements.
- Contributors: Stock selection in the health care sector bolstered returns relative to the MSCI EAFE Index-NR.
- Detractors: Stock selection in the materials and industrials sectors held back relative returns.
- Outlook: We believe we are entering a more constructive economic and market environment, with potential inflection points including a more favorable interest-rate environment and improved market breadth.
Managed Strategy Since 2020
Latest Insights
November 27, 2025
October 13, 2025
October 1, 2025
Composite Performance
Average Annual Total Returns
As of 09/30/2025
The strategy returns shown are preliminary composite returns, subject to future revision (downward or upward). Past performance is not a guarantee of future results. An investment in this strategy can lose value.
Performance data represents past performance, which does not guarantee future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate with market conditions, and you may have a gain or loss when you sell your shares. Periods less than one year are not annualized. Performance results are for the composite which includes all actual, fully discretionary accounts with substantially similar investment policies and objectives managed to the composite's investment strategy. Composite returns are stated in U.S. dollars and assume reinvestment of any dividends, interest income, capital gains, or other earnings. The composite may include account(s) that are gross of fees and pure gross of fees. “Pure” gross-of-fee returns do not reflect the deduction of any expenses, including transaction costs. A traditional (or "true") gross-of-fee return reflects performance after the reduction of transaction costs but before the reduction of the investment advisory fee. The gross-of-fee return may include a blend of "true" gross-of-fee returns for non-wrap accounts and "pure” gross-of-fee returns for wrap accounts. Net-of-fee returns is reduced by a model “wrap fee” (3.0% is the maximum anticipated wrap fee for equity and balanced portfolios) which includes trading expenses as well as investment management, administrative and custodial fees. The model wrap fee used represents the highest anticipated wrap fee applicable to the strategy. Actual fees and account minimums may vary.
For fee schedules, contact your financial professional, or if you enter into an agreement directly with Franklin Templeton Private Portfolio Group, LLC (“FTPPG”), refer to FTPPG’s Form ADV Part 2A disclosure document. Management and performance of individual accounts may vary for reasons that include the existence of different implementation practices and model requirements in different investment programs.
Net Returns (NR) include income net of tax withholding when dividends are paid.
To obtain specific information on available products and services or a GIPS® Report, contact your Franklin Templeton separately managed account sales team at (800) DIAL BEN/342-5236.
Franklin Templeton claims compliance with the Global Investment Performance Standards (GIPS®). GIPS® is a registered trademark of CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of the content contained herein.
Portfolio
Positions
As of 10/31/2025 (Updated Monthly)
- Portfolio
- 31
- Benchmark
- 693
Portfolio Statistics
As of 10/31/2025 (Updated Monthly)
- Portfolio
- 18.44%
- Benchmark
- 11.31%
- Portfolio
- 30.66x
- Benchmark
- 16.60x
- Portfolio
- $82.67 Billion
- Benchmark
- $101.69 Billion
Yield to Worst is calculated without the deduction of fees and expenses.
Yield to Maturity is calculated without the deduction of fees and expenses.
Based on a representative account. Individual accounts within the composites may vary due to a variety of factors, such as account size, the specific investment guidelines and restrictions applicable to an account, and the inception date of the account.
Geographic Allocation 1
As of 10/31/2025 % of Total (Updated Monthly)
| Geography | Portfolio | Benchmark |
|---|---|---|
Europe | 60.02% | 51.74% |
| Switzerland | 18.79% | 9.26% |
| Germany | 17.29% | 9.55% |
| Israel | 9.19% | 1.06% |
| Netherlands | 6.40% | 5.02% |
| Denmark | 3.94% | 1.82% |
| Spain | 2.92% | 3.63% |
| France | 1.48% | 10.89% |
United Kingdom | 9.76% | 14.78% |
| United Kingdom | 9.76% | 14.78% |
Japan | 9.18% | 22.82% |
| Japan | 9.18% | 22.82% |
Asia/Pacific Ex Japan | 7.93% | 10.66% |
| Australia | 7.93% | 6.67% |
North America | 4.93% | — |
| Canada | 4.93% | — |
Emerging Markets | 3.70% | — |
| Brazil | 3.70% | — |
Cash & Cash Equivalents | 4.49% | — |
| Cash & Cash Equivalents | 4.49% | — |
Based on a representative account. Individual accounts within the composites may vary due to a variety of factors, such as account size, the specific investment guidelines and restrictions applicable to an account, and the inception date of the account.
Top Equity Issuers
As of 10/31/2025 (Updated Monthly)
| Holdings | Portfolio |
|---|---|
Nova Ltd. | 4.20% |
CTS Eventim AG & Co. KGaA Unsponsored ADR | 4.17% |
MTU Aero Engines AG Unsponsored ADR | 4.16% |
Cochlear Limited Unsponsored ADR | 4.13% |
Disco Corporation Unsponsored ADR | 3.99% |
DSV A/S Unsponsored ADR | 3.94% |
Shopify, Inc. Class A | 3.87% |
SAP SE Sponsored ADR | 3.86% |
Macquarie Group, Ltd. Sponsored ADR | 3.79% |
Experian PLC Sponsored ADR | 3.70% |
Based on a representative account. Individual accounts within the composites may vary due to a variety of factors, such as account size, the specific investment guidelines and restrictions applicable to an account, and the inception date of the account.
Holdings of the same issuers have been combined. All data is subject to change. The information provided is not a recommendation to purchase, sell, or hold any particular security. The portfolio manager reserves the right to withhold release of information with respect to holdings that would otherwise be included. Weightings as percent of total. Percentage may not total 100% due to rounding.
Documents
| Name | Download | Add to Cart | |
|---|---|---|---|
| Factsheet - Franklin International Growth Equity ADR SMA | |||
| Product Commentary - Franklin International Growth Equity ADR SMA | |||
| FTPPG Regulatory Disclosures |
Risks
All investments involve risks, including possible loss of principal. To the extent the portfolio invests in a concentration of certain securities, regions or industries, it is subject to increased volatility. International investments are subject to special risks, including currency fluctuations and social, economic and political uncertainties, which could increase volatility. These risks are magnified in emerging markets. Equity securities are subject to price fluctuation and possible loss of principal. The investment style may become out of favor, which may have a negative impact on performance. Active management does not ensure gains or protect against market declines. Small- and mid-cap stocks involve greater risks and volatility than large-cap stocks.
Important Information
Separately Managed Accounts (SMAs) are investment services provided by Franklin Templeton Private Portfolio Group, LLC (FTPPG), a federally registered investment advisor. Client portfolios are managed based on investment instructions or advice provided by affiliated subadvisors of Franklin Templeton. Management is implemented by FTPPG, the designated subadvisor or, in the case of certain programs, the program sponsor or its designee.
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Franklin Templeton (FT) is not undertaking to provide impartial advice. Nothing herein is intended to provide fiduciary advice. FT has a financial interest.
Important data provider notices and terms available at www.franklintempletondatasources.com.
CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
Indexes are unmanaged and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.
The MSCI EAFE Index is a free float-adjusted market capitalization-weighted index designed to measure developed market equity performance, excluding the U.S. and Canada.
Source: MSCI makes no warranties and shall have no liability with respect to any MSCI data reproduced herein. No further redistribution or use is permitted. This report is not prepared or endorsed by MSCI.
Net Returns (NR) include income net of tax withholding when dividends are paid.
All entities mentioned are Franklin Templeton affiliated companies. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.