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Franklin Gold and Precious Metals Fund

Fund Category: SectorGo to Prices & Performance page
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Symbol FKRCX
CUSIP 353 535 107
Fund Number 132
Inception Date1 May 19, 1969
Distributions Annually
Total Net Assets
(all share classes)
As of 03/31/2014
$1,015.0
(millions)

As of  04/23/2014

NAV2 $18.81  
NAV Change $0.33  
POP3 $19.96  
YTD Total Return at NAV 17.86%
Distribution Rate at NAV N/A
30-day Standardized Yield
N/A

Average Annual Total Returns
As of Quarter End 03/31/2014

w/ Sales Charge w/o Sales Charge
1 Yr -31.61% -27.43%
5 Yrs -4.45% -3.31%
10 Yrs 3.50% 4.11%
Life 4.90% 5.04%

Expense Ratio and Sales Charge As of 12/01/2013 (updated annually)

Gross Expense Ratio4 1.01%
Net Expense Ratio 1.01%
Max Initial Sales Charge 5.75%
CDSC 0.00%
12b-1 Fee 0.25%

Fund Description

Strategy Statement
Portfolio Managers
Steve Land
"We think precious metals are attractive because they are a hard asset that's not tied to a particular country or financial system, potentially providing stability in times of economic uncertainty."

Steve Land, CFA®
Joined Franklin Templeton in 1997
Managed Fund since 1999

Strategy, Benefits, Results

Strategy

  • Our fundamental, research-driven approach focuses on high-quality companies with attractive production profiles, strong reserve bases and active exploration programs.
  • We focus on companies that mine, process or deal in gold and other precious metals, since gold mining companies may provide less volatility than direct ownership of gold, due to business factors that could affect their stock price.

Benefits

  • Inflation hedge. Gold and other precious metals tend to perform well during recessionary and inflationary times.
  • Diversification. By adding investments from different sectors to your portfolio, you may take advantage of expanding and contracting economic cycles.

Results

Hypothetical $10K Investment

Hypothetical $10K Investment

Investing in the Fund

What Are the Risks?
  • All investments involve risks, including possible loss of principal.
  • Stocks historically have outperformed other asset classes over the long term, but tend to fluctuate more dramatically over the short term.
  • Investing in a fund concentrating in the precious metals sector involves special risks, including those related to fluctuations in the price of gold and other precious metals and increased susceptibility to adverse economic and regulatory developments affecting the sector.
  • The fund is subject to the risks of currency fluctuation and political uncertainty associated with foreign investing.
  • Investments in developing markets involve heightened risks related to the same factors, in addition to those associated with their relatively small size and lesser liquidity.
  • Investments in smaller companies can be particularly sensitive to changing economic conditions, and their prospects for growth are less certain than those of larger, more established companies.
  • Investing in a non-diversified fund involves the risk of greater price fluctuation than a more diversified portfolio.
  • 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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Important Legal Information

Footnotes

For U.S. residents only.