PRICE AND YTD RETURN As of 07/26/2016

NAV up $0.03 $13.47
POP $14.29
YTD Total return at Nav -1.17%

AVERAGE ANNUAL TOTAL RETURNS As of Quarter end 06/30/2016

Sales Charge

1 YEAR RETURN -18.40%
5 YEAR RETURN 6.79%
Since inception Inception: 12/13/2007 4.31%

KEY STATS

Investment Category Blend
Distributions Annually
CUSIP 354 713 448
Fund Number 443
Inception Date Dec 13, 2007
Total Net Assets (all share classes) As of 06/30/2016 $157.4 (M)
Distribution Rate at NAV N/A
30-Day Standardized yield N/A

SALES CHARGE, EXPENSES, & FEES As of 09/01/2015 (updated annually)

Gross Expense Ratio 1.50%
Net Expense Ratio 1.25%
Max Initial Sales Charge 5.75%
CDSC 0.00%
12b-1 Fee 0.25%

Fund Description

The fund seeks capital appreciation and will generally seek to maintain a portfolio consisting of equity securities of approximately 20 to 50 companies.

Strategy Statement

"By having the flexibility to invest across the growth/value spectrum, we're able to zero in on companies we think make the most attractive investments. "

Brent Loder, MBA

Management

Brent Loder, MBA

Brent Loder, MBA

  • Joined Franklin Templeton in 2005
  • Managed Fund Since 2009
Chris Anderson, MBA

Chris Anderson, MBA

  • Joined Franklin Templeton in 2011
  • Managed Fund Since 2013

Overall Morningstar Rating As of 06/30/2016

Rating Category: Large Blend

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 06/30/2016

Years Ratings Funds
in category
3
1 Stars
1392
5
1 Stars
1206
10
Stars

Morningstar Style Box

We do not publish a style box for this fund.

Strategy, Benefits, Results

Strategy

  • We focus the portfolio on a smaller number of holdings, typically around 20-50, in which we have the highest levels of conviction.
  • We select investments that we believe offer a compelling trade-off between growth potential, valuation and risk.
  • We employ a bottom-up investment approach, assessing the market price of a company's securities relative to our evaluation of the company's long-term earnings, asset value and cash flow potential.

Benefits

  • Tenured and experienced portfolio management team.
  • Distinct research structure. Investment professionals organized into collaborative sector teams.
  • Attractive core holding. Due to the fund's focus on large capitalization companies across the style spectrum from value to growth.
  • Broad diversification spread across multiple asset classes.

Investing In The Fund

What Are the Risks?
  • All investments involve risks, including possible loss of principal.
  • Stock prices fluctuate, sometimes rapidly and dramatically, due to factors affecting individual companies, particular industries or sectors, or general market conditions.
  • Since the fund invests in a relatively small number of companies, the fund is subject to the risk that poor performance by several companies could adversely affect fund performance more so than a more broadly diversified fund.
  • Special risks are involved with significant exposure to a particular sector, including increased susceptibility related to economic, business or other developments affecting that sector, which may result in increased volatility.
  • The fund also has the potential to invest in foreign company stocks, which involve exposure to currency volatility and 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 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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