FKRCX

Franklin Gold and Precious Metals Fund

PRICE AND YTD RETURN As of 05/25/2016

NAV up $0.20 $18.22
POP $19.33
YTD Total return at Nav 65.49%

AVERAGE ANNUAL TOTAL RETURNS As of Quarter end 03/31/2016

Sales Charge

1 YEAR RETURN 11.02%
5 YEAR RETURN -19.56%
10 YEAR RETURN -2.48%

KEY STATS

Investment Category Sector
Distributions Annually
CUSIP 353 535 107
Fund Number 132
Inception Date May 19, 1969
Total Net Assets (all share classes) As of 04/30/2016 $1,100.6 (M)
Distribution Rate at NAV N/A
30-Day Standardized yield N/A

SALES CHARGE, EXPENSES, & FEES As of 12/01/2015 (updated annually)

Gross Expense Ratio 1.09%
Net Expense Ratio 1.09%
Max Initial Sales Charge 5.75%
CDSC 0.00%
12b-1 Fee 0.25%

Fund Description

The Fund invests at least 80% of its net assets in the securities of companies that mine, process or deal in gold, platinum, palladium and silver.

Strategy Statement

"We think precious metals are attractive because they are a hard asset that's not tied to a particular country or financial system, potentially providing stability in times of economic uncertainty. "

Steve Land, CFA®

Management

Steve Land, CFA

Steve Land, CFA®

  • Joined Franklin Templeton in 1997
  • Managed Fund Since 1999
Fred Fromm, CFA

Fred Fromm, CFA®

  • Joined Franklin Templeton in 1992
  • Managed Fund Since 1993

Overall Morningstar Rating As of 04/30/2016

Rating Category: Equity Precious Metals

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 04/30/2016

Years Ratings Funds
in category
3
3 Stars
71
5
2 Stars
70
10
3 Stars
50

Morningstar Style Box As of 03/31/2016

Strategy, Benefits, Results

Strategy

  • Our fundamental, research-driven approach focuses on high-quality companies with attractive production profiles, strong reserve bases and active exploration programs.
  • We focus on companies that mine, process or deal in gold and other precious metals, since gold mining companies may provide less volatility than direct ownership of gold, due to business factors that could affect their stock price.

Benefits

  • Inflation hedge. Gold and other precious metals tend to perform well during recessionary and inflationary times.
  • Diversification. By adding investments from different sectors to your portfolio, you may take advantage of expanding and contracting economic cycles.

Investing In The Fund

What Are the Risks?
  • All investments involve risks, including possible loss of principal.
  • Stocks historically have outperformed other asset classes over the long term, but tend to fluctuate more dramatically over the short term.
  • Investing in a fund concentrating in the precious metals sector involves special risks, including those related to fluctuations in the price of gold and other precious metals and increased susceptibility to adverse economic and regulatory developments affecting the sector.
  • The fund is subject to the risks of currency fluctuation and political uncertainty associated with foreign investing.
  • Investments in developing markets involve heightened risks related to the same factors, in addition to those associated with their relatively small size and lesser liquidity.
  • Investments in smaller companies can be particularly sensitive to changing economic conditions, and their prospects for growth are less certain than those of larger, more established companies.
  • Investing in a non-diversified fund involves the risk of greater price fluctuation than a more diversified portfolio.
  • 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 financial advisor about whether this fund is appropriate for you. If you don't have a financial advisor, request a referral.

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