Franklin DynaTech SMA
Year to Date Returns (Net)
17.79%
Year to Date Returns (Pure Gross)
19.54%
Overview
Investment Overview
Franklin DynaTech is a growth strategy that focuses its investments on innovation. The portfolio managers believe innovation can drive long-term wealth creation in the economy and therefore should be at the center of investments that seek to outperform the market.
Three Key Tenets Drive Our Investment Process:
We believe:
- Innovation drives long-term wealth creation in the economy.
- Discovering innovation requires extensive research. Investing in innovation requires active management.
- Innovation occurs in all parts of the economy and every industry.
Investment Approach
We look at all companies through the lens of sustainability/longevity of growth. Key factors are pace of user adoption and an assessment of total addressable market.
"DynaTech = [Dynamic] n. force that stimulates change + [Technology] n. application of science"
Portfolio Managers
Performance
- Average Annual Total Returns
- Calendar Year Returns
- Cumulative Total Returns
- Risk/Return Profile
- Risk Measures
Average Annual Total Returns
Average Annual Total Returns
2025
Chart
Quarter End As of 09/30/2025 | 1 Year | 3 Years | 5 Years | 7 Years | 10 Years | Since Inception 06/30/2015 | |
|---|---|---|---|---|---|---|---|
| Franklin DynaTech SMA - Net (%) | 23.67 | 29.30 | 10.68 | 13.52 | 15.69 | 14.41 | |
| Franklin DynaTech SMA - Pure Gross (%) | 26.13 | 31.86 | 12.91 | 15.80 | 18.00 | 16.70 | |
| Russell 1000 Growth Index (%) | 25.53 | 31.61 | 17.58 | 18.10 | 18.83 | 17.71 |
Past performance is no guarantee of future results. Management and performance of individual accounts may vary for reasons that include the existence of different implementation practices and model requirements in different investment programs.
Investors cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges.
Fees: Returns for periods less than one year are not annualized. Pure Gross of fee returns do not reflect the deduction of any expenses, including transaction costs. Net composite returns referenced above represent Pure Gross Composite performance of the portfolio reduced by an annual fee of 2.02 %, the maximum fee charged by Primerica Advisors to clients invested in the Lifetime Investment Platform wrap fee program. The Net of fee composite returns presented in the strategy GIPS report are calculated by reducing each monthly composite pure gross rate of return by the highest "bundled" fee charged (3.00%) annually, prorated to a monthly ratio.
For Primerica Lifetime Investment Program accounts, Clearbridge Investments, LLC ("ClearBridge"), through Franklin Templeton Private Portfolio Group, LLC (FTPPG), will provide a model portfolio for the Franklin Dynatech investment strategy to PFS Investments, Inc. ("Primerica Advisors"). Clearbridge and FTPPG anticipate that Primerica Advisors will generally follow the model in managing client accounts. However, Primerica Advisors, not Clearbridge or FTPPG, has investment authority and discretion over client accounts on the Lifetime Investment Program. Accounts managed by Primerica Advisors through the Lifetime Investment Program, utilizing the model will experience performance results different from the performance results of accounts managed by ClearBridge and FTPPG on a discretionary basis outside of the platform due to the fees charged by Primerica Advisors, and due to Primerica Advisors' management of its program and each client's account under the program. Returns reflect the reinvestment of dividends and other earnings. All performance is reported in US dollars.
To obtain specific information on available products and services or a GIPS® Report, contact your Franklin Templeton separately managed account sales team at (800) 822-8464. Franklin Templeton claims compliance with the Global Investment Performance Standards (GIPS®). GIPS® is a registered trademark of CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of the content contained herein.
Calendar Year Returns
Calendar Year Returns
Chart
Quarter End As of 09/30/2025 | YTD | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | Performance Inception Date | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Franklin DynaTech SMA - Net (%) | 17.79 | 28.62 | 43.10 | -40.23 | 12.97 | 51.87 | 32.47 | 0.67 | 34.22 | -0.65 | 06/30/2015 | |
| Franklin DynaTech SMA - Pure Gross (%) | 19.54 | 31.16 | 45.91 | -38.97 | 15.23 | 54.84 | 35.09 | 2.71 | 36.87 | 1.36 | 06/30/2015 | |
| Russell 1000 Growth Index (%) | 17.24 | 33.36 | 42.68 | -29.14 | 27.60 | 38.49 | 36.39 | -1.51 | 30.21 | 7.08 | — |
Past performance is no guarantee of future results. Management and performance of individual accounts may vary for reasons that include the existence of different implementation practices and model requirements in different investment programs.
Investors cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges.
Fees: Returns for periods less than one year are not annualized. Pure Gross of fee returns do not reflect the deduction of any expenses, including transaction costs. Net composite returns referenced above represent Pure Gross Composite performance of the portfolio reduced by an annual fee of 2.02 %, the maximum fee charged by Primerica Advisors to clients invested in the Lifetime Investment Platform wrap fee program. The Net of fee composite returns presented in the strategy GIPS report are calculated by reducing each monthly composite pure gross rate of return by the highest "bundled" fee charged (3.00%) annually, prorated to a monthly ratio.
For Primerica Lifetime Investment Program accounts, Clearbridge Investments, LLC ("ClearBridge"), through Franklin Templeton Private Portfolio Group, LLC (FTPPG), will provide a model portfolio for the Franklin Dynatech investment strategy to PFS Investments, Inc. ("Primerica Advisors"). Clearbridge and FTPPG anticipate that Primerica Advisors will generally follow the model in managing client accounts. However, Primerica Advisors, not Clearbridge or FTPPG, has investment authority and discretion over client accounts on the Lifetime Investment Program. Accounts managed by Primerica Advisors through the Lifetime Investment Program, utilizing the model will experience performance results different from the performance results of accounts managed by ClearBridge and FTPPG on a discretionary basis outside of the platform due to the fees charged by Primerica Advisors, and due to Primerica Advisors' management of its program and each client's account under the program. Returns reflect the reinvestment of dividends and other earnings. All performance is reported in US dollars.
To obtain specific information on available products and services or a GIPS® Report, contact your Franklin Templeton separately managed account sales team at (800) 822-8464. Franklin Templeton claims compliance with the Global Investment Performance Standards (GIPS®). GIPS® is a registered trademark of CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of the content contained herein.
Cumulative Total Returns
Cumulative Total Returns
The hypothetical growth scenario of $100k does not reflect the deduction of brokerage commissions or taxes that investors may pay on distributions or the sale of shares. Had they been reflected hypothetical values would be lower.
2015
2025
Chart
Quarter End As of 09/30/2025 | YTD | 1 Year | 3 Years | 5 Years | 10 Years | 15 Years | Since Inception 06/30/2015 | |
|---|---|---|---|---|---|---|---|---|
| Franklin DynaTech SMA - Net (%) | 17.79 | 23.67 | 116.16 | 66.12 | 329.50 | — | 297.48 | |
| Franklin DynaTech SMA - Pure Gross (%) | 19.54 | 26.13 | 129.25 | 83.47 | 423.50 | — | 386.97 | |
| Russell 1000 Growth Index (%) | 17.24 | 25.53 | 127.98 | 124.69 | 461.46 | — | 431.76 |
Historical Cumulative Total Returns
2025
Date Selected As of 09/30/2025 | YTD | 1 Year | 3 Years | 5 Years | 10 Years | 15 Years | Since Inception 06/30/2015 | |
|---|---|---|---|---|---|---|---|---|
| Franklin DynaTech SMA - Net (%) | 17.79 | 23.67 | 116.16 | 66.12 | 329.50 | — | 297.48 | |
| Franklin DynaTech SMA - Pure Gross (%) | 19.54 | 26.13 | 129.25 | 83.47 | 423.50 | — | 386.97 | |
| Russell 1000 Growth Index (%) | 17.24 | 25.53 | 127.98 | 124.69 | 461.46 | — | 431.76 |
Past performance is no guarantee of future results. Management and performance of individual accounts may vary for reasons that include the existence of different implementation practices and model requirements in different investment programs.
Investors cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges.
Fees: Returns for periods less than one year are not annualized. Pure Gross of fee returns do not reflect the deduction of any expenses, including transaction costs. Net composite returns referenced above represent Pure Gross Composite performance of the portfolio reduced by an annual fee of 2.02 %, the maximum fee charged by Primerica Advisors to clients invested in the Lifetime Investment Platform wrap fee program. The Net of fee composite returns presented in the strategy GIPS report are calculated by reducing each monthly composite pure gross rate of return by the highest "bundled" fee charged (3.00%) annually, prorated to a monthly ratio.
For Primerica Lifetime Investment Program accounts, Clearbridge Investments, LLC ("ClearBridge"), through Franklin Templeton Private Portfolio Group, LLC (FTPPG), will provide a model portfolio for the Franklin Dynatech investment strategy to PFS Investments, Inc. ("Primerica Advisors"). Clearbridge and FTPPG anticipate that Primerica Advisors will generally follow the model in managing client accounts. However, Primerica Advisors, not Clearbridge or FTPPG, has investment authority and discretion over client accounts on the Lifetime Investment Program. Accounts managed by Primerica Advisors through the Lifetime Investment Program, utilizing the model will experience performance results different from the performance results of accounts managed by ClearBridge and FTPPG on a discretionary basis outside of the platform due to the fees charged by Primerica Advisors, and due to Primerica Advisors' management of its program and each client's account under the program. Returns reflect the reinvestment of dividends and other earnings. All performance is reported in US dollars.
To obtain specific information on available products and services or a GIPS® Report, contact your Franklin Templeton separately managed account sales team at (800) 822-8464. Franklin Templeton claims compliance with the Global Investment Performance Standards (GIPS®). GIPS® is a registered trademark of CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of the content contained herein.
Risk/Return Profile
Risk/Return Profile (%)
Based on a 10 year period ending Sep-30-2025
Chart
| Net |
| Pure Gross |
| Russell 1000 Growth Index |
Past performance is no guarantee of future results. Management and performance of individual accounts may vary for reasons that include the existence of different implementation practices and model requirements in different investment programs.
Investors cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges.
Fees: Returns for periods less than one year are not annualized. Pure Gross of fee returns do not reflect the deduction of any expenses, including transaction costs. Net composite returns referenced above represent Pure Gross Composite performance of the portfolio reduced by an annual fee of 2.02 %, the maximum fee charged by Primerica Advisors to clients invested in the Lifetime Investment Platform wrap fee program. The Net of fee composite returns presented in the strategy GIPS report are calculated by reducing each monthly composite pure gross rate of return by the highest "bundled" fee charged (3.00%) annually, prorated to a monthly ratio.
For Primerica Lifetime Investment Program accounts, Clearbridge Investments, LLC ("ClearBridge"), through Franklin Templeton Private Portfolio Group, LLC (FTPPG), will provide a model portfolio for the Franklin Dynatech investment strategy to PFS Investments, Inc. ("Primerica Advisors"). Clearbridge and FTPPG anticipate that Primerica Advisors will generally follow the model in managing client accounts. However, Primerica Advisors, not Clearbridge or FTPPG, has investment authority and discretion over client accounts on the Lifetime Investment Program. Accounts managed by Primerica Advisors through the Lifetime Investment Program, utilizing the model will experience performance results different from the performance results of accounts managed by ClearBridge and FTPPG on a discretionary basis outside of the platform due to the fees charged by Primerica Advisors, and due to Primerica Advisors' management of its program and each client's account under the program. Returns reflect the reinvestment of dividends and other earnings. All performance is reported in US dollars.
To obtain specific information on available products and services or a GIPS® Report, contact your Franklin Templeton separately managed account sales team at (800) 822-8464. Franklin Templeton claims compliance with the Global Investment Performance Standards (GIPS®). GIPS® is a registered trademark of CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of the content contained herein.
Risk Measures
Risk Measures
| Statistics | 1 Year | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|
| Beta (Net) | 1.18 | 1.14 | 1.13 | 1.09 |
| Historical Tracking Error (Net) | 6.31 | 5.09 | 6.70 | 6.31 |
| Historical Tracking Error (Pure Gross) | 6.31 | 5.09 | 6.70 | 6.31 |
| Information Ratio (Pure Gross) | 0.13 | 0.05 | -0.70 | -0.13 |
| Information Ratio (Net) | -0.50 | -0.46 | -1.03 | -0.50 |
| Standard Deviation (%) | 1 Year | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|
| Standard Deviation (Net) | 20.01 | 18.69 | 22.29 | 20.01 |
| Sharpe Ratio (%) | 1 Year | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|
| Sharpe Ratio (Net) | 0.95 | 1.22 | 0.43 | 0.73 |
| Sharpe Ratio (Pure Gross) | 1.05 | 1.33 | 0.52 | 0.83 |
Past performance is no guarantee of future results. Management and performance of individual accounts may vary for reasons that include the existence of different implementation practices and model requirements in different investment programs.
Investors cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges.
Fees: Returns for periods less than one year are not annualized. Pure Gross of fee returns do not reflect the deduction of any expenses, including transaction costs. Net composite returns referenced above represent Pure Gross Composite performance of the portfolio reduced by an annual fee of 2.02 %, the maximum fee charged by Primerica Advisors to clients invested in the Lifetime Investment Platform wrap fee program. The Net of fee composite returns presented in the strategy GIPS report are calculated by reducing each monthly composite pure gross rate of return by the highest "bundled" fee charged (3.00%) annually, prorated to a monthly ratio.
For Primerica Lifetime Investment Program accounts, Clearbridge Investments, LLC ("ClearBridge"), through Franklin Templeton Private Portfolio Group, LLC (FTPPG), will provide a model portfolio for the Franklin Dynatech investment strategy to PFS Investments, Inc. ("Primerica Advisors"). Clearbridge and FTPPG anticipate that Primerica Advisors will generally follow the model in managing client accounts. However, Primerica Advisors, not Clearbridge or FTPPG, has investment authority and discretion over client accounts on the Lifetime Investment Program. Accounts managed by Primerica Advisors through the Lifetime Investment Program, utilizing the model will experience performance results different from the performance results of accounts managed by ClearBridge and FTPPG on a discretionary basis outside of the platform due to the fees charged by Primerica Advisors, and due to Primerica Advisors' management of its program and each client's account under the program. Returns reflect the reinvestment of dividends and other earnings. All performance is reported in US dollars.
To obtain specific information on available products and services or a GIPS® Report, contact your Franklin Templeton separately managed account sales team at (800) 822-8464. Franklin Templeton claims compliance with the Global Investment Performance Standards (GIPS®). GIPS® is a registered trademark of CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of the content contained herein.
Portfolio
Positions
Portfolio Statistics
Yield to Worst is calculated without the deduction of fees and expenses.
Yield to Maturity is calculated without the deduction of fees and expenses.
Based on a representative account. Individual accounts within the composites may vary due to a variety of factors, such as account size, the specific investment guidelines and restrictions applicable to an account, and the inception date of the account.
Portfolio Allocations
- Assets
- Geography
- Sector
- Market Capitalization
Assets
Asset Allocation
Chart
| Portfolio | ||
|---|---|---|
| Equity | 96.35% |
Based on a representative account. Individual accounts within the composites may vary due to a variety of factors, such as account size, the specific investment guidelines and restrictions applicable to an account, and the inception date of the account.
Geography
Geographic Allocation
Chart
| Portfolio | Benchmark | ||
|---|---|---|---|
| 90.54% | 99.47% | ||
| 2.56% | — | ||
| 1.86% | 0.36% | ||
| 1.40% | 0.17% | ||
| 3.65% | — |
Based on a representative account. Individual accounts within the composites may vary due to a variety of factors, such as account size, the specific investment guidelines and restrictions applicable to an account, and the inception date of the account.
Sector
Sector Allocation
Chart
| Portfolio | Benchmark | ||
|---|---|---|---|
| Information Technology | 52.77% | 53.75% | |
| Consumer Discretionary | 14.30% | 12.98% | |
| Communication Services | 13.06% | 11.26% | |
| Health Care | 6.33% | 6.95% | |
| Financials | 5.49% | 5.80% | |
| Industrials | 4.00% | 5.69% | |
| Energy | 0.40% | 0.26% | |
| Cash & Other Net Assets | 3.65% | — |
Based on a representative account. Individual accounts within the composites may vary due to a variety of factors, such as account size, the specific investment guidelines and restrictions applicable to an account, and the inception date of the account.
Market Capitalization
Market Capitalization Allocation
Chart
| Portfolio | ||
|---|---|---|
| 5.0-10.0 Billion | 0.60% | |
| 10.0-25.0 Billion | 3.46% | |
| 25.0-50.0 Billion | 5.93% | |
| >50.0 Billion | 90.01% |
Based on a representative account. Individual accounts within the composites may vary due to a variety of factors, such as account size, the specific investment guidelines and restrictions applicable to an account, and the inception date of the account.
Portfolio Holdings
Top Equity Issuers
Chart
| Portfolio | ||
|---|---|---|
| NVIDIA Corporation | 12.14% | |
| Amazon.com, Inc. | 7.96% | |
| Microsoft Corporation | 7.56% | |
| Broadcom Inc. | 5.62% | |
| Alphabet Inc. Class A | 5.45% | |
| Meta Platforms Inc Class A | 4.67% | |
| Mastercard Incorporated Class A | 2.98% | |
| Shopify, Inc. Class A | 2.82% | |
| AppLovin Corp. Class A | 2.42% | |
| Apple Inc. | 2.32% |
Based on a representative account. Individual accounts within the composites may vary due to a variety of factors, such as account size, the specific investment guidelines and restrictions applicable to an account, and the inception date of the account.
Holdings of the same issuers have been combined. All data is subject to change. The information provided is not a recommendation to purchase, sell, or hold any particular security. The portfolio manager reserves the right to withhold release of information with respect to holdings that would otherwise be included. Weightings as percent of total. Percentage may not total 100% due to rounding.
Documents
Product Literature
Factsheet - Franklin DynaTech SMA - PRIMERICA Use Only
Portfolio Holdings - Franklin DynaTech SMA
Mailed hardcopies unavailable.
Product Commentary - PRIMERICA - Franklin DynaTech SMA
Pitchbook - Franklin DynaTech SMA - Primerica Use Only
Additional Resources
Franklin DynaTech SMA Trade Rationale - Buy - INSM (9/5/2025)
Mailed hardcopies unavailable.
Franklin DynaTech SMA Trade Rationale - Sell - KVYO (9/30/2025)
Mailed hardcopies unavailable.
Franklin DynaTech SMA Trade Rationale - Sell - MNDY (9/5/2025)
Mailed hardcopies unavailable.
Risks
What Are The Key Risks?
All investments involve risks, including possible loss of principal. To the extent the portfolio invests in a concentration of certain securities, regions or industries, it is subject to increased volatility. Equity securities are subject to price fluctuation and possible loss of principal. The investment style may become out of favor, which may have a negative impact on performance. Active management does not ensure gains or protect against market declines. International investments are subject to special risks, including currency fluctuations and social, economic and political uncertainties, which could increase volatility. These risks are magnified in emerging markets. Small- and mid-cap stocks involve greater risks and volatility than large-cap stocks. The manager may consider environmental, social and governance (ESG) criteria in the research or investment process; however, ESG considerations may not be a determinative factor in security selection. In addition, the manager may not assess every investment for ESG criteria, and not every ESG factor may be identified or evaluated.
Important Information
Performance data quoted represents past performance, which does not guarantee future results. Current performance may differ from figures shown. Investment return and principal value will fluctuate with market conditions, and you may have a gain or a loss when you sell your shares. Returns reflect reinvestment of dividends and capital gains. Performance figures for periods shorter than one year represent cumulative figures and are not annualized. All performance is reported in US dollars.
Franklin Templeton claims compliance with the Global Investment Performance Standards (GIPS®). GIPS® is a registered trademark of CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of the content contained herein.
Separately Managed Accounts (SMAs) are investment services provided by Franklin Templeton Private Portfolio Group, LLC (FTPPG), a federally registered investment advisor. Client portfolios are managed based on investment instructions or advice provided by affiliated subadvisors of Franklin Templeton. Management is implemented by FTPPG, the designated subadvisor or, in the case of certain programs, the program sponsor or its designee.
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Franklin Templeton (FT) is not undertaking to provide impartial advice. Nothing herein is intended to provide fiduciary advice. FT has a financial interest.
Important data provider notices and terms available at www.franklintempletondatasources.com.
CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
Indexes are unmanaged and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.
The Russell 1000 Growth Index measures the performance of the large-cap growth segment of the U.S. equity universe.
Source: FTSE.
The S&P 500 Index features 500 leading U.S. publicly traded companies, with a primary emphasis on market capitalization.
Source: © S&P Dow Jones Indices LLC. All rights reserved.
All entities mentioned are Franklin Templeton affiliated companies. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.
FINANCIAL ADVISORS: Please call Franklin Templeton at (800) DIAL BEN/342-5236 for more information.