PRICE AND YTD RETURN As of 04/29/2016

NAV down $-0.11 $30.40
POP $32.25
YTD Total return at Nav -5.62%

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

Sales Charge

1 YEAR RETURN -11.87%
5 YEAR RETURN 7.45%
10 YEAR RETURN 6.30%

KEY STATS

Investment Category Growth
Distributions Annually
CUSIP 354 713 687
Fund Number 462
Inception Date Jun 23, 1999
Total Net Assets (all share classes) As of 03/31/2016 $1,243.1 (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 1.13%
Net Expense Ratio 1.13%
Max Initial Sales Charge 5.75%
CDSC 0.00%
12b-1 Fee 0.25%

Fund Description

The fund seeks capital appreciation by investing substantially in equity securities of companies demonstrating accelerating growth, increasing profitability, or above average growth or growth potential as compared with the overall economy.

Strategy Statement

"

We seek to invest in high quality, leading growth companies in the United States to create a diversified, multi-cap, multi-industry fund.

"

Grant Bowers

Management

Grant Bowers

Grant Bowers

  • Joined Franklin Templeton in 1993
  • Managed Fund Since 2007
Conrad Herrmann, CFA, MBA

Conrad Herrmann, CFA®, MBA

  • Joined Franklin Templeton in 1988
  • Managed Fund Since 1999

Overall Morningstar Rating As of 03/31/2016

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 03/31/2016

Years Ratings Funds
in category
3
2 Stars
1524
5
2 Stars
1315
10
2 Stars
937

Morningstar Style Box As of 12/31/2015

Strategy, Benefits, Results

Strategy

We use fundamental, bottom-up research to find innovative, fast-growing companies that meet our criteria of:

  • Growth. We focus 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.
  • Multi-cap strategy leads to a broadly diversified portfolio of fast-growing businesses.

Investing In The Fund

What Are the Risks?
  • All investments involve risks, including possible loss of principal.
  • The fund may be more volatile than a more conservative equity fund and may be best suited for long-term investors.
  • The fund’s investments in smaller and mid-sized-company stocks involve special risks such as relatively smaller revenues, limited product lines and smaller market share.
  • Smaller- and mid-sized company stocks historically have exhibited greater price volatility than larger-company stocks, 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.
  • 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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