Franklin Growth Opportunities Advisor Fund (FRAAX - Free Report) seeks capital appreciation. FRAAX invests primarily in equity securities of companies of any size demonstrating accelerating growth, increasing profitability or above-average growth or growth potential, when compared with the overall economy. When suitable opportunities are available, FRAAX also invests in initial public offerings of securities, and invests a small portion of its assets in private or illiquid securities, such as late stage venture capital financing.
This Mid Growth producthas a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 7.8% and 5 year 13.8%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
FRAAX’s performance, as of the last filing, when compared to funds in its category was in the top 40% over the past 1 year, and in the top 47% over the past 3 years and in the top 51% over the past 5 years.
The Franklin Growth Opportunities Advisor fund, as of the last filing, allocates their fund in top two major groups; Large Growth and Small Growth. Further, as of the last filing, Amazon.com Inc, Facebook Inc and Apple Inc were the top holdings for FRAAX.
This Zacks Rank #1 (Strong Buy) was incepted in June 1999 and is managed by Franklin/Temp. FRAAX carries an expense ratio of 0.77% and requires a minimal initial investment of $100,000.
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