Fund Description

The fund seeks capital appreciation by investing predominantly in equity securities of companies demonstrating accelerating growth, increasing profitability, or above average growth or growth potential as compared with the overall economy.

Strategy Statement

"We seek to invest in high quality, leading growth companies in the United States to create a diversified, multi-cap, multi-industry fund."

Grant Bowers

Management

Grant Bowers

Grant Bowers

  • Joined Franklin Templeton in 1993
  • Managed Fund Since 2007
Sara Araghi, CFA

Sara Araghi, CFA®

  • Joined Franklin Templeton in 2003
  • Managed Fund Since 2016

Rating

Overall Morningstar Rating As of 10/31/2019

Rating Category: Large Growth

Morningstar
The fund's overall Morningstar Rating measures risk-adjusted returns and is derived from a weighted average of the performance figures associated with its 3-, 5- and 10-year (if applicable) rating metrics.

Historical Morningstar Rating [further-information] As of 10/31/2019

Years Ratings Funds
in category
3
3 Stars
1232
5
3 Stars
1095
10
3 Stars
813

Morningstar Style Box As of09/30/2019

Strategy, Benefits, Results

Strategy

We use fundamental, bottom-up research to find innovative, fast-growing companies that meet our criteria of:

  • Growth. We focus on companies with the potential to produce sustainable earnings and cash-flow growth.
  • Quality. We seek high-quality companies with strong management teams and financial strength.
  • Valuation. We assess whether the growth opportunity is already reflected in the stock price.

Benefits

  • Tenured and experienced portfolio management team.
  • Distinct research structure. Investment professionals organized into collaborative sector teams.
  • Multi-cap strategy leads to a broadly diversified portfolio of fast-growing businesses.

Investing In The Fund

What Are the Risks?

  • All investments involve risks, including possible loss of principal.
  • Growth stock prices reflect projections of future earnings or revenues, and can, therefore, fall dramatically if the company fails to meet those projections.
  • Smaller, mid-sized and relatively new or unseasoned companies can be particularly sensitive to changing economic conditions, and their prospects for growth are less certain than those of larger, more established companies. Historically, these securities have experienced more price volatility than larger company stocks, especially over the short-term.
  • To the extent the fund focuses on particular countries, regions, industries, sectors or types of investment from time to time, it may be subject to greater risks of adverse developments in such areas of focus than a fund that invests in a wider variety of countries, regions, industries, sectors or investments.
  • These and other risks are described more fully in the fund’s prospectus.

Minimum Investment

$1,000.00

How Financial Advisors Help You

Speak to your advisor about whether this fund is appropriate for you.

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