Franklin European Small-Mid Cap Fund

Franklin Templeton Investment Funds

Summary of Fund Objective

The Fund aims to achieve long-term capital appreciation by investing principally in equity and/or equity-related securities of small and mid-cap companies (those with market capitalisation above Euro 100 million and below Euro 8 billion) in Europe.

A pure 'Growth' style. The managers of the Franklin European Small-Mid Cap Growth Fund are growth investors who pay particular attention to valuations and earnings sustainability.

A proven investment process. The fund's investment approach is bottom up, with country or sector weightings being driven by stock selection.

An experienced portfolio management team.


Ed Lugo

  • New York, United States
  • Years With Firm: 19
  • Years Of Experience: 30

What are the Key Risks?

The value of shares in the Fund and income received from it can go down as well as up and investors may not get back the full amount invested. Performance may also be affected by currency fluctuations. Currency fluctuations may affect the value of overseas investments.

  • The Fund invests mainly in equity and equity-related securities of small- and mid-cap companies located in or doing significant business in European countries. Such securities have historically been subject to significant price movements that may occur suddenly due to market or company-specific factors. As a result, the performance of the Fund can fluctuate considerably over time.
  • Other significant risks includecurrency risk, liquidity risk.
For full details of all of the risks applicable to this Fund, please refer to the “Risk Considerations” section of the Fund in the current prospectus of Franklin Templeton Investment Funds.