Franklin Biotechnology Discovery 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 09/15/1997
Fund without Sales Charge (%) (NAV) 7.51 3.65 -0.35 14.15 10.04
Fund with Sales Charge (%) (POP) 6.53 3.65 -0.35 14.15 10.04
NASDAQ Biotechnology Index (%) 1.18 4.88 0.31 15.22 11.33
S&P 500 Index (%) 8.19 9.87 9.23 12.65 7.34
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/15/1997
Fund without Sales Charge (%) (NAV) 33.83 9.70 2.60 15.05 10.31
Fund with Sales Charge (%) (POP) 32.83 9.70 2.60 15.05 10.31
NASDAQ Biotechnology Index (%) 24.41 10.95 3.57 16.34 11.70
S&P 500 Index (%) 31.49 15.28 11.70 13.56 7.81

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013
Fund without Sales Charge (%) (NAV) 33.83 -16.34 17.91 -17.75 4.71 32.95 67.44
Fund with Sales Charge (%) (POP) 32.83 -17.15 16.91 -18.54 3.75 31.95 66.44
NASDAQ Biotechnology Index (%) 24.41 -9.32 21.06 -21.68 11.42 34.32 65.97
S&P 500 Index (%) 31.49 -4.38 21.83 11.96 1.38 13.69 32.39

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 09/15/1997
Fund without Sales Charge (%) (NAV) -3.92 7.51 11.36 -1.76 275.71 756.31
Fund with Sales Charge (%) (POP) -4.88 6.53 11.36 -1.76 275.71 756.31
NASDAQ Biotechnology Index (%) -5.32 1.18 15.37 1.57 312.44 1,014.58
S&P 500 Index (%) -8.27 8.19 32.62 55.49 229.18 390.65
Quarter EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/15/1997
Fund without Sales Charge (%) (NAV) 33.83 33.83 32.01 13.70 306.30 791.28
Fund with Sales Charge (%) (POP) 32.83 32.83 32.01 13.70 306.30 791.28
NASDAQ Biotechnology Index (%) 24.41 24.41 36.56 19.17 353.96 1,077.15
S&P 500 Index (%) 31.49 31.49 53.17 73.86 256.66 434.87

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 5.21 2.28 -1.84 12.70
Fund without Sales Charge (%) (NAV) After Shares Sold 6.21 2.66 -0.51 11.56
Fund with Sales Charge (%) (POP) Before Shares Sold 4.23 2.28 -1.84 12.70
Fund with Sales Charge (%) (POP) After Shares Sold 5.63 2.66 -0.51 11.56
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 30.97 8.25 1.08 13.58
Fund without Sales Charge (%) (NAV) After Shares Sold 22.07 7.33 1.71 12.34
Fund with Sales Charge (%) (POP) Before Shares Sold 29.97 8.25 1.08 13.58
Fund with Sales Charge (%) (POP) After Shares Sold 21.48 7.33 1.71 12.34

SALES CHARGE, EXPENSES & FEES As of 09/01/2019 (updated annually)

Gross Expense Ratio 1.79%
Net Expense Ratio [further-information] 1.77%
Max Initial Sales Charge 0.00%
CDSC 1.00%

Volatility Measures [further-information] As of 02/29/2020 Updated Monthly, based on a 3-year period

Beta 1.04
Sharpe Ratio 0.09
Standard Deviation 22.12

Benchmarks

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

  • NASDAQ Biotechnology Index
  • S&P 500 Index