![[Patrick McKeegans avatar]](https://franklintempletonprod.widen.net/content/6qcrtjs9na/webp/McKeegan_Patrick_500x500.png){kind=avatar}
Managed Fund Since 2021
Equity
FNGZX Franklin International Growth Fund
- Global Diversification. Foreign investments may provide additional portfolio diversification as international markets often move out of step with the U.S. market.
- International Opportunity. Many of the world's most prominent corporations are headquartered overseas, and investors who add international holdings to their portfolios can take advantage of a broader array of opportunity.
- Multinational Company Exposure. We invest in mid- and large-cap international companies that have a presence in multiple countries and regions around the world, making these companies less likely to be as affected by adverse economic or political situations in any given country.
Popular Documents
Overview
Fund Facts
Fund description
The fund seeks capital appreciation by investing predominantly in the equity securities of mid-and large capitalization companies outside the U.S. with long-term growth potential.
- Benchmark
- MSCI EAFE Index-NR
- Fund Inception Date
- 06/03/2008
- Dividend Frequency, if any
- Annually
- Portfolio Turnover
- 26%
Identifiers
- Ticker
- FNGZX
- Fund Number
- 649
- CUSIP Code
- 353533698
Average Annual Total Returns As of 10/31/2025
Advisor Class
- 8.32%1 Year
- 11.83%3 Years
- 1.70%5 Years
- 6.88%10 Years
- 4.78%Since Inception
06/03/2008
Performance data quoted represents past performance, which does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the figures shown.
Top Sectors
As of 10/31/2025 % of Total (Updated Monthly)
Capital Goods15.46% | |
Software & Services13.79% | |
Semiconductors & Semiconductor Equipment11.40% | |
Pharmaceuticals, Biotechnology & Life Sciences10.73% | |
Financial Services7.89% |
Additional Fund Info
- Share Class Inception Date
- 06/03/2008
- Investment Style
- Growth
- Lipper Classification
- International Multi-Cap Growth
- Morningstar Category
5 - Foreign Large Growth
Manager and Commentary
About the Team
Franklin Equity Group
Growth equity managers with a focus on in-depth fundamental research, we offer expertise in managing global, U.S. and sector-specific strategies across the market capitalization spectrum. Our center of gravity in Silicon Valley allows us to follow companies across their private to public life cycles, developing deeper insights into future industry trends and identifying potential disruptors.
Commentary Highlights
September 30 2025- Markets: International equities collectively moved higher over the third quarter of 2025, though lagging the gains seen in other regions. Despite some volatility during the quarter, investors welcomed easing trade tensions, optimism surrounding artificial intelligence (AI) advancements as well as the US Federal Reserve’s policy interest-rate cut and its signaling of potential further monetary easing.
- Contributors: Stock selection in the energy and health care sectors bolstered returns relative to the MSCI EAFE Index-NR.
- Detractors: Stock selection in the materials and consumer discretionary sectors hindered relative returns.
- Outlook: We believe we are entering a more constructive economic and market environment, with potential inflection points including a more favorable interest-rate environment and improved market breadth
Franklin Equity Group
![[Samantha Mathewss avatar]](https://franklintempletonprod.widen.net/content/2xaui9kiw6/webp/Mathews_Samantha_88x88.png){kind=avatar}
Managed Fund Since 2025
![[Don Hubers avatar]](https://franklintempletonprod.widen.net/content/sebix5c72y/webp/Huber_Donald_500x500.png){kind=avatar}
Managed Fund Since 2014
Latest Insights
November 27, 2025
October 13, 2025
October 1, 2025
Performance
Risk Measures
As of 10/31/2025
Advisor Class - Without Sales Charge (NAV)
Measured against: MSCI EAFE Index-NR
Statistics
Beta
Bull Bear Capture Ratio
Beta Bear
Beta Bull
Historical Tracking Error
Information Ratio
Gains/Losses
Standard Deviation (%)
Advisor Class
MSCI EAFE Index-NR
Sharpe Ratio (%)
Advisor Class
Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Performance would have been lower if fees had not been waived in various periods. Total returns assume the reinvestment of all distributions and the deduction of all Fund expenses. Returns with sales charge reflect a deduction of the stated maximum sales charge. Returns without sales charge would have been lower had sales charges been reflected. An investor cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges. Returns for periods of less than one year are not annualized.
Ratings 5
©2025 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
Portfolio
Assets
As of10/31/2025 (Updated Monthly)
- Total Net Assets
- $803.68 Million
Positions
As of 10/31/2025 (Updated Monthly)
Number of Issuers
- Fund
- 35
- Benchmark
- 693
Portfolio Statistics
As of 10/31/2025 (Updated Monthly)
Price to Book
- Fund
- 4.79x
- Benchmark
- 2.15x
- Fund
- $68.52 Billion
- Benchmark
- $89.33 Billion
- Fund
- 28.71x
- Benchmark
- 16.56x
- Fund
- 21.28x
- Benchmark
- 9.51x
Asset Allocation
As of 10/31/2025 % of Total (Updated Monthly)
| Holdings | Fund |
|---|---|
Equity | 99.22% |
Cash & Cash Equivalents | 0.78% |
Holdings
As of 10/31/2025 (Updated Monthly)
Disco Corp ORD JPY NPV
MTU Aero Engines AG ORD EUR1
NOVA LTD ORD USD 1
MercadoLibre Inc COM USD NPV
DSV A/S ORD DKK1
CTS Eventim AG & Co KGaA ORD EUR1
Interroll Holding AG ORD CHF15
Sony Group Corp ORD JPY NPV
Alcon AG ORD CHF 1
AstraZeneca PLC ORD GBP.25
Portfolio holdings are based on the total portfolio and are subject to change at any time. Holdings are provided for informational purposes only and should not be construed as a recommendation to purchase or sell any security.
Distributions & Tax
- Distribution Frequency
- AnnuallyThis fund is an ex-Dividend fund
- Capital Gain Distributions
- December
Final composition of the current year’s distribution—income, capital gains and/or return of capital—are based on US tax rules and will be determined by February of the following year. For tax characterization of a distribution, such as return of capital and tax-exempt income, click on the “Tax Information” tab above.
Distributions Per Share
12/19/2025
Annually, a fund must distribute all realized capital gains net of realized losses, so the fund will not be subject to an entity level income tax. A fund’s capital gain distribution in a particular year may be a result of the disposition of holdings that appreciated in value during prior years. Thus, while the fund may gain or lose value over the course of a year, a capital gain distribution paid by the fund may not be indicative of current performance of the fund.
The distributable amount of net capital gains are paid on a per-share basis to all investors who hold shares of the fund on the record date of the distribution and are recognized by the shareholder for tax purposes as of the ex-date of the distribution, regardless of when the gains or losses arose in the fund. Net gains on holdings held long term by the fund would be distributed to shareholders as a long-term capital gain distribution no matter how long the shareholder has owned shares in the fund.
Refer to the fund’s annual report or statement of additional information for specific information regarding distributions.
Pricing
Documents
Fund Literature
| Name | Download | Add to Cart | |
|---|---|---|---|
| Factsheet - Franklin International Growth Fund | |||
| Product Commentary - Franklin International Growth Fund |
Regulatory Documents
| Name | Download | Add to Cart | |
|---|---|---|---|
| Annual Report - Franklin International Growth Fund - Advisor Class | |||
| Annual Financial Statements and Other Information - Franklin Global Trust | |||
| Semi-Annual Report - Franklin International Growth Fund - Advisor Class | |||
| Semi-Annual Financial Statements and Other Information - Franklin Global Trust | |||
| Prospectus - Franklin International Growth Fund | |||
| Summary Prospectus - Franklin International Growth Fund | |||
| Statement of Additional Information - Franklin International Growth Fund | |||
| Fiscal Q1 Holdings - Franklin Global Trust | |||
| Fiscal Q3 Holdings - Franklin Global Trust |
Risks
All investments involve risks, including possible loss of principal. The investment style may become out of favor, which may have a negative impact on performance. International investments are subject to special risks, including currency fluctuations and social, economic and political uncertainties, which could increase volatility. These risks are magnified in emerging markets. The manager may consider environmental, social and governance (ESG) criteria in the research or investment process; however, ESG considerations may not be a determinative factor in security selection. In addition, the manager may not assess every investment for ESG criteria, and not every ESG factor may be identified or evaluated. These and other risks are discussed in the fund’s prospectus.
Important Information
Most funds offer multiple share classes. Share classes are subject to different fees and expenses, which will affect their performance.
Certain share classes are only offered to eligible investors as stated in the prospectus. Different minimums may apply to clients of certain service agents. All classes of shares are not available through all distribution channels. See the Fund's prospectus for additional information.
Franklin Distributors, LLC. Member FINRA, SIPC. All entities mentioned are Franklin Templeton affiliated companies. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.
Reports and other information about the funds are available on the EDGAR Database on the SEC's Internet site at www.sec.gov.
You need Adobe Acrobat Reader to view and print PDF documents. Download a free version from Adobe's website.
Important data provider notices and terms available at www.franklintempletondatasources.com.
Performance data quoted represents past performance, which does not guarantee future results.
CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
Indexes are unmanaged and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.
The MSCI EAFE Index is a free float-adjusted market capitalization-weighted index designed to measure developed market equity performance, excluding the U.S. and Canada.
Source: MSCI makes no warranties and shall have no liability with respect to any MSCI data reproduced herein. No further redistribution or use is permitted. This report is not prepared or endorsed by MSCI.
Net Returns (NR) include income net of tax withholding when dividends are paid.
The MSCI EAFE Index is a free float-adjusted market capitalization-weighted index designed to measure developed market equity performance, excluding the U.S. and Canada.
Source: MSCI makes no warranties and shall have no liability with respect to any MSCI data reproduced herein. No further redistribution or use is permitted. This report is not prepared or endorsed by MSCI.
Net Returns (NR) include income net of tax withholding when dividends are paid.
Investors should carefully consider a fund's investment goals, risks, sales charges and expenses before investing. The prospectus contains this and other information. Please read the prospectus carefully before investing or sending money.