We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
With around $698.3 billion assets under management as of Dec 31, 2019, Franklin Templeton Investments is a well known global investment management firm. It offers investment management strategies and integrated risk-management solutions to individuals, institutions, pension plans, trusts and partnerships.
Founded in 1947, Franklin Templeton Investments offers "exceptional asset management" to clients in more than 170 countries. It has presence in 34 countries and more than 9,300 employees. Franklin Templeton Investments is the biggest cross-border fund management group in the world.
Franklin Gold and Precious Metals Fund Class A (FKRCX - Free Report) aims for capital growth. The fund normally invests the majority of its assets in securities of companies that operate in the area of gold and precious metals. FKRCX is a non-diversified fund that invests in companies of all market capitalizations. The fund has returned 6.7% over the past five years.
FKRCX has an expense ratio of 0.98% compared with the category average of 1.39%.
Franklin Michigan Tax-Free Income Fund Class C (FRMTX - Free Report) aims to provide a high level of income, which is exempted from federal income tax as well as Michigan personal income taxes. Further, this income is consistent with prudent investment management as well as preservation of shareholders’ capital. FRMTX has five-year annualized returns of 2.1%.
John Pomeroy has been the fund manager of FRMTX since 1989.
Franklin Gold and Precious Metals Fund Advisor Class (FGADX - Free Report) aims for capital growth. The fund invests the majority of its assets in securities of gold and precious metals operation companies. The non-diversified fund also invests in American, Global and European Depositary Receipts. It may purchase securities of gold and precious metals operation companies located globally. FGADX five-year annualized returns of 7%.
As of the end of April 2020, FGADX held 100 issues with 8.2% of its assets invested in Barrick Gold Corp.
Image: Bigstock
3 Franklin Templeton Funds for Steady Returns
With around $698.3 billion assets under management as of Dec 31, 2019, Franklin Templeton Investments is a well known global investment management firm. It offers investment management strategies and integrated risk-management solutions to individuals, institutions, pension plans, trusts and partnerships.
Founded in 1947, Franklin Templeton Investments offers "exceptional asset management" to clients in more than 170 countries. It has presence in 34 countries and more than 9,300 employees. Franklin Templeton Investments is the biggest cross-border fund management group in the world.
Below we share with you three top-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 Gold and Precious Metals Fund Class A (FKRCX - Free Report) aims for capital growth. The fund normally invests the majority of its assets in securities of companies that operate in the area of gold and precious metals. FKRCX is a non-diversified fund that invests in companies of all market capitalizations. The fund has returned 6.7% over the past five years.
FKRCX has an expense ratio of 0.98% compared with the category average of 1.39%.
Franklin Michigan Tax-Free Income Fund Class C (FRMTX - Free Report) aims to provide a high level of income, which is exempted from federal income tax as well as Michigan personal income taxes. Further, this income is consistent with prudent investment management as well as preservation of shareholders’ capital. FRMTX has five-year annualized returns of 2.1%.
John Pomeroy has been the fund manager of FRMTX since 1989.
Franklin Gold and Precious Metals Fund Advisor Class (FGADX - Free Report) aims for capital growth. The fund invests the majority of its assets in securities of gold and precious metals operation companies. The non-diversified fund also invests in American, Global and European Depositary Receipts. It may purchase securities of gold and precious metals operation companies located globally. FGADX five-year annualized returns of 7%.
As of the end of April 2020, FGADX held 100 issues with 8.2% of its assets invested in Barrick Gold Corp.
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.
Want key mutual fund info delivered straight to your inbox?
Zacks' free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>