Fund Description

The fund seeks long-term capital growth by investing at least 80% of its net assets in foreign securities, that are predominantly equity securities of companies located outside of the U.S., including developing markets.

Strategy Statement

"Templeton Foreign Fund has a bottom-up, long-term investment strategy that goes to great lengths in search of undervalued stocks outside of the United States."

Tucker Scott, CFA®, MBA

Management

Tucker Scott, CFA, MBA

Tucker Scott, CFA®, MBA

  • Joined Franklin Templeton in 1996
  • Managed Fund Since 2007
Norman Boersma, CFA, MBA

Norman Boersma, CFA®, MBA

  • Joined Franklin Templeton in 1991
  • Managed Fund Since 2011
James Harper, CFA

James Harper, CFA®

  • Joined Franklin Templeton in 2007
  • Managed Fund Since 2010
Heather Arnold, CFA, MBA

Heather Arnold, CFA®, MBA

  • Joined Franklin Templeton in 1997
  • Managed Fund Since 2014
Christopher James Peel, CFA

Christopher James Peel, CFA®

  • Joined Franklin Templeton in 2007
  • Managed Fund Since 2017
Herbert J Arnett Jr., MBA

Herbert J Arnett Jr., MBA

  • Joined Franklin Templeton in 1996
  • Managed Fund Since 2017

Rating

Overall Morningstar Rating As of 10/31/2017

Rating Category: Foreign Large Value

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 10/31/2017

Years Ratings Funds
in category
3
2 Stars
261
5
3 Stars
210
10
4 Stars
136

Morningstar Style Box As of06/30/2017

Strategy, Benefits, Results

Strategy

Our strategy is built upon the following Templeton cornerstones, which have been in place for more than 70 years.

  • Search Globally. We believe bargains have no borders when searching for the best investment opportunities.
  • Seek Value. We search worldwide for stocks selling at prices we believe are low relative to their true value.
  • Perform Fundamental, Bottom-Up Research. We conduct in-person visits and perform extensive fundamental research to model a company's potential future earnings, cash flow and asset value relative to its stock price.
  • Practice Patient, Long-Term Investing. We evaluate a company's potential for earnings and growth over a five-year horizon.

Benefits

  • Diversification. By investing primarily in international securities, Templeton Foreign Fund can offer diversification to complement the U.S. portion of your portfolio.
  • Reduced Volatility. Templeton Foreign Fund has historically experienced less volatility than its benchmark, the MSCI All Country World ex-U.S. Index.
  • Low Average Turnover Ratio. Our long-term investing approach has historically resulted in a lower than average portfolio turnover ratio.

Investing In The Fund

What Are the Risks?

  • All investments involve risks, including possible loss of principal.
  • Special risks are associated with foreign investing, including currency fluctuations, economic instability and political developments; investments in developing markets involve heightened risks related to the same factors.
  • Currency rates may fluctuate significantly over short periods of time, and can reduce returns. Because the Fund may invest its assets in companies in a specific region, including Europe, it is subject to greater risks of adverse developments in that region and/or the surrounding regions than a fund that is more broadly diversified geographically.
  • Current political and financial uncertainty surrounding the European Union may increase market volatility and the economic risk of investing in companies in Europe.
  • Derivatives, including currency management strategies, involve costs and can create economic leverage in the portfolio which may result in significant volatility and cause the fund to participate in losses (as well as enable gains) on an amount that exceeds the fund's initial investment. The fund may not achieve the anticipated benefits, and may realize losses when a counterparty fails to perform as promised.
  • The fund’s risk considerations are discussed in the prospectus.

Minimum Investment

See Prospectus

How Financial Advisors Help You

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

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