Franklin K2 Alternative Strategies Fund

Average Annual Total Returns [further-information] As of 06/30/2019

Month EndAs of 08/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 10/11/2013
Fund without Sales Charge (%) (NAV) 2.42 3.94 2.92 3.88
Fund with Sales Charge (%) (POP) 2.42 3.94 2.92 3.88
HFRX Global Hedge Fund Index (%) -1.12 1.97 0.08 1.25 0.71
ICE BofAML US 3-Month Treasury Bill Index (%) 2.36 1.50 0.95 0.52 0.82
Quarter EndAs of 06/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 10/11/2013
Fund without Sales Charge (%) (NAV) 3.04 4.37 2.85 3.93
Fund with Sales Charge (%) (POP) 3.04 4.37 2.85 3.93
HFRX Global Hedge Fund Index (%) -1.95 2.12 -0.11 1.42 0.53
ICE BofAML US 3-Month Treasury Bill Index (%) 2.31 1.39 0.87 0.49 0.77

Calendar Year Returns

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

Cumulative Total Returns [further-information] As of 06/30/2019

Month EndAs of 08/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/11/2013
Fund without Sales Charge (%) (NAV) 6.93 2.42 12.29 15.50 25.11
Fund with Sales Charge (%) (POP) 6.93 2.42 12.29 15.50 25.11
HFRX Global Hedge Fund Index (%) 5.43 -1.12 6.02 0.39 13.20 4.28
ICE BofAML US 3-Month Treasury Bill Index (%) 1.63 2.36 4.57 4.83 5.36 4.91
Quarter EndAs of 06/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/11/2013
Fund without Sales Charge (%) (NAV) 6.56 3.04 13.69 15.10 24.68
Fund with Sales Charge (%) (POP) 6.56 3.04 13.69 15.10 24.68
HFRX Global Hedge Fund Index (%) 4.22 -1.95 6.50 -0.57 15.11 3.09
ICE BofAML US 3-Month Treasury Bill Index (%) 1.24 2.31 4.21 4.43 5.00 4.51

After-Tax Average Annual Total Returns [further-information] As of 06/30/2019

Month EndAs of 08/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 1.86 3.46 2.44
Fund without Sales Charge (%) (NAV) After Shares Sold 1.78 2.90 2.10
Fund with Sales Charge (%) (POP) Before Shares Sold 1.86 3.46 2.44
Fund with Sales Charge (%) (POP) After Shares Sold 1.78 2.90 2.10
Quarter EndAs of 06/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.49 3.89 2.37
Fund without Sales Charge (%) (NAV) After Shares Sold 2.15 3.23 2.05
Fund with Sales Charge (%) (POP) Before Shares Sold 2.49 3.89 2.37
Fund with Sales Charge (%) (POP) After Shares Sold 2.15 3.23 2.05

SALES CHARGE, EXPENSES & FEES As of 10/01/2018 (updated annually)

Management Fee 1.90%
Dividend Expense and Borrowing Fees for Securities Sold Short 0.39%
Additional Expenses 0.28%
Gross Expense Ratio 2.57%
Net Expense Ratio [further-information] 2.36%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 08/31/2019 Updated Monthly, based on a 3-year period

Beta 0.27
Alpha -0.57
Sharpe Ratio 0.71
Correlation 0.92
R-Squared 0.85
Standard Deviation 3.49

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