PRICE AND YTD RETURN As of 07/22/2016

NAV up $0.13 $13.51
POP $14.33
YTD Total return at Nav -0.88%

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

Sales Charge

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


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


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

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
1 Stars
1 Stars

Morningstar Style Box

We do not publish a style box for this fund.

Strategy, Benefits, Results


  • 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.


  • 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


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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