K2/D&S Management Co., LLC, the investment manager of Franklin K2 Alternative Strategies Fund, has entered into new sub-advisory agreements with BlueBay Asset Management, LLP, Brigade Capital Management, LP, RV Capital Management Private LTD and One River Asset Management, LLC. Please refer to the Information Statement for more information.
Franklin K2 Alternative Strategies Fund has entered into new sub-advisory agreement with Electron Capital Partners, LLC. Please refer to the Information Statement for more information.
Franklin K2 Alternative Strategies Fund has entered into new sub-advisory agreements with Apollo Credit Management, LLC; Ellington Global Asset Management, L.L.C.; and Elementum Advisors, LLC. Please refer to the Information Statement for more information.
Beginning on 10/19/18, Class C shares held for 10 years or more will automatically convert to Class A shares. Thereafter, Class C shares held for 10 years or more will automatically convert to Class A shares on a monthly basis. This conversion allows shareholders to take advantage of the lower expenses offered by Class A shares. Please see the prospectus supplement for more information. If you have any questions, please contact your financial professional or call Franklin Templeton.
Effective 9/10/18, certain sales charges and commissions paid to dealers on Class A and A1 shares of our mutual funds changed. Please see the prospectus supplement for more information. If you have additional questions, please contact your financial professional or call Franklin Templeton.
Total Fund AssetsAs of |
|
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Net Assets - Class |
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Gross Exposure
As of |
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Net Exposure
As of |
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Long Exposure
As of |
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Short Exposure
As of |
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Value at Risk (Fund)As of |
|
[category] | Target Allocation % of Invested Capital |
Actual Allocation % of Invested Capital |
---|---|---|
Long Short Equity | 25%-40% |
|
Relative Value | 30%-45% |
|
Event Driven | 10%-30% |
|
Global Macro | 0%-30% |
|
Gross Exposure% of Total | Net Exposure% of Total | |
---|---|---|
North America |
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Europe |
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Asia Pacific |
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Global & Emerging Markets |
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South America |
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Gross Exposure% of Total | Net Exposure% of Total | |
---|---|---|
Equity |
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Fixed Income |
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Currency |
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Commodities |
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[holdings-table-heading] | |
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VARIAN MEDICAL SYSTEMS INC |
|
FIAT CHRYSLER AUTOMOBILES NV |
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BALL CORP |
|
RSA INSURANCE GROUP PLC |
|
SHERWIN-WILLIAMS CO/THE |
|
HAL TRUST |
|
VIRTUSA CORP |
|
ALIBABA GROUP HOLDING LTD |
|
WILLIS TOWERS WATSON PLC |
|
ALPHABET INC |
|
[holdings-table-heading] | |
---|---|
PEUGEOT SA |
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AON PLC |
|
ANALOG DEVICES INC |
|
MSCI DAILY TR WORLD GROS |
|
JUST EAT TAKEAWAY.COM NV |
|
LIBERTY MEDIA CORP |
|
J2 GLOBAL INC |
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INNOVATIVE INDUSTRIAL PROPERTIES INC |
|
ADVANCED MICRO DEVICES INC |
|
LIVE NATION ENTERTAINMENT INC |
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Allocation | ||
---|---|---|
Event Driven |
|
|
Bardin Hill Investment Partners L.P. | ||
P. Schoenfeld Asset Management L.P. | ||
Global Macro |
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|
Emso Asset Management Limited | ||
Graham Capital Management, L.P. | ||
Grantham, Mayo, Van Otterloo & Co. LLC | ||
Long Short Equity |
|
|
Jennison Associates, LLC | ||
Wellington Management Company, LLP | ||
Chilton Investment Company, LLC | ||
Portland Hill Asset Management Limited | ||
Electron Capital Partners, LLC | ||
Impala Asset Management, LLC | ||
Relative Value |
|
|
Lazard Asset Management, LLC | ||
Loomis Sayles & Company, L.P. | ||
Ellington Global Asset Management, LLC | ||
Apollo Credit Management, LLC | ||
Chatham Asset Management, LLC |
Performance data represents past performance, which does not guarantee future results. Current performance may differ from figures shown. Investment return and principal value will fluctuate with market conditions, and you may have a gain or loss when you sell your shares.