Franklin K2 Alternative Strategies Fund

Average Annual Total Returns [further-information] As of 03/31/2019

Month EndAs of 04/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 10/11/2013
Fund without Sales Charge (%) (NAV) 3.32 4.33 3.18 3.89
Fund with Sales Charge (%) (POP) 3.32 4.33 3.18 3.89
HFRX Global Hedge Fund Index (%) -2.77 2.04 -0.02 1.64 0.38
ICE BofAML US 3-Month Treasury Bill Index (%) 2.18 1.25 0.78 0.45 0.72
Quarter EndAs of 03/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 10/11/2013
Fund without Sales Charge (%) (NAV) 2.15 4.30 2.80 3.75
Fund with Sales Charge (%) (POP) 2.15 4.30 2.80 3.75
HFRX Global Hedge Fund Index (%) -3.32 1.95 -0.30 1.74 0.27
ICE BofAML US 3-Month Treasury Bill Index (%) 2.12 1.19 0.75 0.43 0.69

Calendar Year Returns

2018 2017 2016 2015 2014
Fund without Sales Charge (%) (NAV) -2.19 6.84 1.90 0.19 5.23
Fund with Sales Charge (%) (POP) -2.19 6.84 1.90 0.19 5.23
HFRX Global Hedge Fund Index (%) -6.72 5.99 2.50 -3.64 -0.58
ICE BofAML US 3-Month Treasury Bill Index (%) 1.87 0.86 0.33 0.05 0.04

Cumulative Total Returns [further-information] As of 03/31/2019

Month EndAs of 04/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/11/2013
Fund without Sales Charge (%) (NAV) 5.63 3.32 13.56 16.92 23.60
Fund with Sales Charge (%) (POP) 5.63 3.32 13.56 16.92 23.60
HFRX Global Hedge Fund Index (%) 3.28 -2.77 6.23 -0.10 17.70 2.15
ICE BofAML US 3-Month Treasury Bill Index (%) 0.79 2.18 3.79 3.97 4.56 4.04
Quarter EndAs of 03/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/11/2013
Fund without Sales Charge (%) (NAV) 4.52 2.15 13.45 14.82 22.30
Fund with Sales Charge (%) (POP) 4.52 2.15 13.45 14.82 22.30
HFRX Global Hedge Fund Index (%) 2.60 -3.32 5.96 -1.48 18.81 1.48
ICE BofAML US 3-Month Treasury Bill Index (%) 0.60 2.12 3.63 3.78 4.39 3.84

After-Tax Average Annual Total Returns [further-information] As of 03/31/2019

Month EndAs of 04/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.76 3.85 2.69
Fund without Sales Charge (%) (NAV) After Shares Sold 2.33 3.20 2.30
Fund with Sales Charge (%) (POP) Before Shares Sold 2.76 3.85 2.69
Fund with Sales Charge (%) (POP) After Shares Sold 2.33 3.20 2.30
Quarter EndAs of 03/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 1.60 3.81 2.32
Fund without Sales Charge (%) (NAV) After Shares Sold 1.64 3.18 2.02
Fund with Sales Charge (%) (POP) Before Shares Sold 1.60 3.81 2.32
Fund with Sales Charge (%) (POP) After Shares Sold 1.64 3.18 2.02

SALES CHARGE, EXPENSES & FEES As of 10/01/2018 (updated annually)

Management Fee 1.90%
Dividend Expense and Borrowing Fees for Securities Sold Short 0.39%
Additional Expenses 0.28%
Gross Expense Ratio 2.57%
Net Expense Ratio [further-information] 2.36%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 04/30/2019 Updated Monthly, based on a 3-year period

Beta 0.29
Alpha -0.73
Sharpe Ratio 0.93
Correlation 0.92
R-Squared 0.84
Standard Deviation 3.32

Benchmarks

A benchmark is a comparable broad-based index that can be used to evaluate a fund's performance.

  • HFRX Global Hedge Fund Index
  • ICE BofAML US 3-Month Treasury Bill Index

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