Franklin Technology Fund

Franklin Templeton Investment Funds

Summary of Fund Objective

The Fund aims to achieve capital appreciation by investing at least two-thirds of its assets in equity securities of companies expected to benefit from the development, advancement and use of technology.

Access to Technology stocks. Franklin adopts a broader definition of "technology": companies that are creating, implementing or commercializing new technologies that are used to enhance productivity or create new services.

A proven investment process. The investment style is a combination of bottom-up and top-down research. Managers begin with a high-level analysis of a particular sector, identify attractive sub-sectors and then focus research on those segments before employing a bottom-up analysis to identify the most attractive stocks.

All the benefits from a first class proprietary research team. Franklin has one of the largest US Equity research teams. In addition to that, the team is located in San Mateo, at the heart of the Silicon Valley.

FUND MANAGERS

Jonathan T. Curtis

  • California, United States
  • Years With Firm: 11
  • Years Of Experience: 15

John Scandalios

  • California, United States
  • Years With Firm: 23
  • Years Of Experience: 29

James Cross

  • California, United States
  • Years With Firm: 20
  • Years Of Experience: 21

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 securities of technology companies worldwide. 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 significantly over relatively short time periods.
  • Other significant risks include: 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.