Franklin K2 Alternative Strategies Fund

Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 02/29/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 10/11/2013
Fund without Sales Charge (%) (NAV) 1.98 2.72 2.05 3.46
Fund with Sales Charge (%) (POP) 1.98 2.72 2.05 3.46
HFRX Global Hedge Fund Index (%) 4.60 1.50 0.63 0.98 0.97
ICE BofAML US 3-Month Treasury Bill Index (%) 2.18 1.73 1.13 0.61 0.90
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 10/11/2013
Fund without Sales Charge (%) (NAV) 7.43 3.93 2.77 3.74
Fund with Sales Charge (%) (POP) 7.43 3.93 2.77 3.74
HFRX Global Hedge Fund Index (%) 8.62 2.41 1.19 1.11 1.16
ICE BofAML US 3-Month Treasury Bill Index (%) 2.28 1.67 1.07 0.58 0.88

Calendar Year Returns

2019 2018 2017 2016 2015 2014
Fund without Sales Charge (%) (NAV) 7.43 -2.19 6.84 1.90 0.19 5.23
Fund with Sales Charge (%) (POP) 7.43 -2.19 6.84 1.90 0.19 5.23
HFRX Global Hedge Fund Index (%) 8.62 -6.72 5.99 2.50 -3.64 -0.58
ICE BofAML US 3-Month Treasury Bill Index (%) 2.28 1.87 0.86 0.33 0.05 0.04

Cumulative Total Returns [further-information] As of 12/31/2019

Month EndAs of 02/29/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/11/2013
Fund without Sales Charge (%) (NAV) -1.13 1.98 8.39 10.68 24.28
Fund with Sales Charge (%) (POP) -1.13 1.98 8.39 10.68 24.28
HFRX Global Hedge Fund Index (%) -1.03 4.60 4.58 3.20 10.26 6.33
ICE BofAML US 3-Month Treasury Bill Index (%) 0.28 2.18 5.30 5.78 6.25 5.88
Quarter EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/11/2013
Fund without Sales Charge (%) (NAV) 7.43 7.43 12.27 14.63 25.70
Fund with Sales Charge (%) (POP) 7.43 7.43 12.27 14.63 25.70
HFRX Global Hedge Fund Index (%) 8.62 8.62 7.39 6.07 11.68 7.44
ICE BofAML US 3-Month Treasury Bill Index (%) 2.28 2.28 5.09 5.49 5.97 5.58

After-Tax Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 02/29/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 1.68 2.24 1.57
Fund without Sales Charge (%) (NAV) After Shares Sold 1.25 1.97 1.43
Fund with Sales Charge (%) (POP) Before Shares Sold 1.68 2.24 1.57
Fund with Sales Charge (%) (POP) After Shares Sold 1.25 1.97 1.43
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 7.11 3.44 2.28
Fund without Sales Charge (%) (NAV) After Shares Sold 4.48 2.91 1.99
Fund with Sales Charge (%) (POP) Before Shares Sold 7.11 3.44 2.28
Fund with Sales Charge (%) (POP) After Shares Sold 4.48 2.91 1.99

SALES CHARGE, EXPENSES & FEES As of 10/01/2019 (updated annually)

Management Fee 1.90%
Dividend Expense and Borrowing Fees for Securities Sold Short 0.36%
Additional Expenses 0.28%
Gross Expense Ratio 2.54%
Net Expense Ratio [further-information] 2.34%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 03/31/2020 Updated Monthly, based on a 3-year period

Beta 0.29
Alpha -2.22
Sharpe Ratio
Correlation 0.91
R-Squared
Standard Deviation 4.83

Benchmarks

A benchmark is a comparable broad-based index that can be used to evaluate a fund's performance.

  • HFRX Global Hedge Fund Index
  • ICE BofAML US 3-Month Treasury Bill Index