Fund Description

The fund seeks long-term capital appreciation by investing substantially in the equity securities of companies that are leaders in their industries, and which the managers believe are suitable for a buy-and-hold strategy.

Strategy Statement

"Our investments emphasize well-established companies and household names, which we hold for the long term. This has historically resulted in very low annual turnover for the fund. "

Serena Perin Vinton, CFA®

Management

Serena Perin Vinton, CFA

Serena Perin Vinton, CFA®

  • Joined Franklin Templeton in 1991
  • Managed Fund Since 2008
John Anderson, MBA

John Anderson, MBA

  • Joined Franklin Templeton in 2013
  • Managed Fund Since 2016
Robert Rendler, CFA

Robert Rendler, CFA®

  • Joined Franklin Templeton in 2005
  • Managed Fund Since 2016

Rating

Overall Morningstar Rating As of 09/30/2017

Rating Category: Large Growth

Morningstar
The fund's overall Morningstar Rating measures risk-adjusted returns and is derived from a weighted average of the performance figures associated with its 3-, 5- and 10-year (if applicable) rating metrics.

Historical Morningstar Rating As of 09/30/2017

Years Ratings Funds
in category
3
4 Stars
1259
5
4 Stars
1125
10
4 Stars
800

Morningstar Style Box As of06/30/2017

Strategy, Benefits, Results

Strategy

We use fundamental, bottom-up research to find large, established companies that meet our criteria of:

  • Growth. Our team focuses on companies with the potential to produce sustainable earnings and cash-flow growth.
  • Quality. We seek high-quality companies with strong management teams and financial strength.
  • Valuation. We assess whether the growth opportunity is already reflected in the stock price.

Benefits

  • Tenured and experienced portfolio management team.
  • Distinct research structure. Investment professionals organized into collaborative sector teams.
  • Historically low portfolio turnover ratio, based on long-term investment focus ranging three to ten years.

Investing In The Fund

What Are the Risks?

  • All investments involve risks, including possible loss of principal.
  • Historically, the fund has focused on larger companies.
  • The fund may also invest in small, relatively new and/or unseasoned companies, which involves additional risks, as the price of these securities can be volatile, particularly over the short term.
  • The fund may focus on particular sectors of the market from time to time, which can carry greater risks of adverse developments in such sectors.
  • In addition, the fund may invest up to 40% of its net assets in stocks of foreign companies, which involve special risks, including currency fluctuations and economic as well as political uncertainty.
  • These and other risks are described more fully in the fund’s prospectus.

Minimum Investment

$1,000.00

How Financial Advisors Help You

Speak to your advisor about whether this fund is appropriate for you.

Learn more from FINRA about How to Find and Work with an Investment Professional.

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