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Buy 3 Franklin Templeton Mutual Funds for Spectacular Gains

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Founded in 1947, Franklin Templeton Investments prides itself in offering "exceptional asset management" to its clients in more than 170 nations throughout the globe. It has presence in 34 countries and more than 650 investment professionals. With around $737.5-billion assets under management as of Mar 31, 2018, Franklin Templeton Investments is a well-known global investment management firm. The company offers investment management strategies and integrated risk management solutions to individuals, institutions, pension plans, trusts and partnerships.

Below we share with you three best-ranked Franklin Templeton mutual funds. Each has earned a Zacks Mutual Fund Rank #1  (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of all Franklin Templeton mutual funds, their Zacks Rank and past performance.

Franklin Corefolio Allocation A (FTCOX - Free Report) seeks growth of capital. FTCOX invests its assets in a variety of funds, including Franklin Flex Cap Growth Fund, Franklin Growth Fund, Mutual Shares Fund and Templeton Growth Fund. Funds, in which FTCOX allocates its assets, tend to invest in both domestic and foreign equity securities. Franklin Corefolio Allocation A has returned 11.4% in a year's time.

T. Anthony Coffey is the fund manager of FTCOX since 2003.

Franklin Convertible Securities A (FISCX - Free Report)  invests a bulk of its assets in convertible securities. FISCX may invest almost all its assets in securities rated lower than investment grade. The fund may invest about one-fifth of its assets in preferred and common stocks as well as non-convertible debt securities. Franklin Convertible Securities A has returned 16.3% in the past one-year period.

As of June 2018, FISCX held 80 issues, with 2.04% of its assets invested in Becton, Dickinson and Co Pfd.

Franklin DynaTech Fund Class A (FKDNX - Free Report) invests mostly in companies that are expected to be leaders in innovation, have better management, and can reap the benefits of new technologies and advantages of new industry situations in a fluctuating global economy. FKDNX seeks growth of capital. Franklin DynaTech Fund Class A has returned 29.4% in a year.

FKDNX has an expense ratio of 0.91% compared with the category average of 1.08%.

To view the Zacks Rank and the past performance of all Franklin Templeton mutual funds, investors can click here to see the complete list of funds.

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