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Franklin Innovation Fund Series A

Global Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeC Click for more information on Fundata’s ESG Grade

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

NAVPS
(04-16-2024)
$10.51
Change
$0.06 (0.61%)

As at March 31, 2024

As at January 31, 2024

As at February 29, 2024

Period
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Legend

Franklin Innovation Fund Series A

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Fund Returns

Inception Return (February 01, 2021): 1.88%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 1.07% 16.54% 29.98% 16.54% 38.86% 11.66% 5.24% - - - - - - -
Benchmark 2.94% 10.27% 20.07% 10.27% 23.05% 11.13% 9.29% 15.98% 11.08% 10.21% 10.43% 11.39% 9.83% 10.93%
Category Average 2.79% 18.54% 18.54% 9.50% 18.77% 8.26% 6.74% 13.89% 8.87% 8.07% 8.21% 8.89% 7.44% 8.02%
Category Rank 1,923 / 2,072 88 / 2,048 91 / 2,002 88 / 2,048 58 / 1,930 322 / 1,799 1,286 / 1,639 - - - - - - -
Quartile Ranking 4 1 1 1 1 1 4 - - - - - - -

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund -1.55% 7.80% 3.21% 3.50% 0.64% -6.37% -1.49% 10.93% 2.07% 5.42% 9.38% 1.07%
Benchmark 1.71% -0.97% 2.98% 3.28% -0.19% -4.15% -0.71% 6.95% 2.53% 1.41% 5.64% 2.94%

Best Monthly Return Since Inception

12.40% (July 2022)

Worst Monthly Return Since Inception

-14.98% (January 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - -36.94% 38.86%
Benchmark 13.97% 16.88% 5.18% 16.29% -1.79% 21.41% 13.15% 17.62% -12.64% 19.37%
Category Average 8.33% 8.98% 3.86% 14.23% -5.38% 19.94% 11.73% 16.21% -13.86% 15.08%
Quartile Ranking - - - - - - - - 4 1
Category Rank - - - - - - - - 1,737/ 1,768 36/ 1,927

Best Calendar Return (Last 10 years)

38.86% (2023)

Worst Calendar Return (Last 10 years)

-36.94% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 91.04
International Equity 7.39
Canadian Equity 2.81
Cash and Equivalents -1.25
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Technology 68.85
Healthcare 11.58
Consumer Services 7.79
Financial Services 5.76
Industrial Goods 2.72
Other 3.30

Geographic Allocation

Geographic Allocation
Name Percent
North America 92.60
Europe 4.80
Latin America 1.54
Africa and Middle East 0.52
Asia 0.36
Other 0.18

Top Holdings

Top Holdings
Name Percent
NVIDIA Corp 10.15
Microsoft Corp 8.02
Amazon.com Inc 6.96
Alphabet Inc Cl A 4.08
ServiceNow Inc 3.94
Mastercard Inc Cl A 3.43
ASML Holding NV - ADR 3.02
Synopsys Inc 2.99
Cadence Design Systems Inc 2.97
Intuit Inc 2.83

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Franklin Innovation Fund Series A

Median

Other - Global Equity

3 Yr Annualized

Standard Deviation 22.67% - -
Beta 1.44% - -
Alpha -0.06% - -
Rsquared 0.67% - -
Sharpe 0.22% - -
Sortino 0.30% - -
Treynor 0.03% - -
Tax Efficiency - - -
Volatility Volatility rating is 10 on a scale of 1 to 10 - -

Risk Rating

Rating 10 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 17.21% 22.67% - -
Beta 1.21% 1.44% - -
Alpha 0.09% -0.06% - -
Rsquared 0.54% 0.67% - -
Sharpe 1.74% 0.22% - -
Sortino 4.47% 0.30% - -
Treynor 0.25% 0.03% - -
Tax Efficiency 100.00% - - -

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date February 01, 2021
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status -
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $43

Fund Codes

FundServ Code Load Code Sales Status
TML6067
TML6068
TML6069

Investment Objectives

Capital appreciation by investing primarily in equity securities of issuers with maintainable innovation-driven growth prospects while following a sustainable investment approach.

Investment Strategy

Generally, more than 10% and less than 90% of the Fund’s equity holdings will consist of securities of Canadian or U.S. issuers. In selecting equity investments, the sub-advisor utilizes fundamental, bottom-up research to seek companies meeting its criteria of maintainable growth driven by innovation, which are leaders in innovation, take advantage of new technologies, have superior management and/or benefit from new industry conditions in the dynamically changing global economy.

Portfolio Manager(s)

Name Start Date
Franklin Advisers, Inc. 01-26-2021
Franklin Templeton Investments Corp. 01-26-2021

Management and Organization

Fund Manager Franklin Templeton Investments Corp.
Advisor Franklin Templeton Investments Corp.
Custodian JPMorgan Chase Bank
Registrar Franklin Templeton Investments
Distributor Franklin Templeton Investments Corp.
Auditor PricewaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 500
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal -

Fees

MER 2.01%
Management Fee 1.65%
Load Choice of Front or Back
FE Max 6.00%
DSC Max 6.00%
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) 1.00%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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