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.
Founded in 1947, Franklin Templeton Investments prides itself in offering "exceptional asset management" to its clients in more than 170 countries throughout the globe. It has presence in 17 countries and more than 600 investment professionals. 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 Biotechnology Discovery Advisor FTDZX seeks appreciation of capital. FTDZX invests a large chunk of its assets in securities of discovery research firms and biotechnology companies. The fund may also invest around one-fifth of its assets in both debt and equity securities of companies from other sectors. Franklin Biotechnology Discovery Advisor has returned 15.2% in a year's time.
FTDZX has an expense ratio of 0.77% compared with the category average of 1.25%.
Franklin DynaTech Fund Class A FKDNX invests mostly in companies that are expected to be leaders in innovation, have better management, 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 27.6% in a year.
As of May 2018, FKDNX held 141 issues, with 7.12% of its assets invested in Amazon.com Inc.
Franklin DynaTech Fund Advisor FDYZX seeks capital appreciation for the long run. FDYZX invests a major portion of its assets in equity securities issued by companies, which are believed to be leaders in innovation and benefiting from new industry conditions. Franklin DynaTech Fund Advisor has returned 27.9% over the last year.
Rupert H. Johnson is one of the fund managers of FDYZX since 1968.
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 >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Get Your Free (FKDNX): Fund Analysis Report Get Your Free (FDYZX): Fund Analysis Report Get Your Free (FTDZX): Fund Analysis Report To read this article on Zacks.com click here. Zacks Investment Research