Franklin Growth Fund Advisor ( FCGAX ) seeks capital appreciation. FCGAX invests most of its assets in equity securities of companies that emphasize scientific or technological development or that are in fast-growing industries. The fund's manager searches for industry leaders and companies that it believes have a competitive advantage due, for example, to their state-of-the-art products or technologies. While companies that meet these criteria are often considered to be growth stocks, the manager also invests in these companies when their stock price are considered undervalued.
This Large Growth product has a history of positive total returns for over 10 years. Specifically, the fund's returns over the 3, 5 year benchmarks; 3 year 11.1% and 5 year 13.2%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here .
FCGAX's performance, as of the last filing, when compared to funds in its category was in the top 23% over the past 1 year, and in the top 11% over the past 3 years and in the top 19% over the past 5 years.
The Franklin Growth Fund Advisor, as of the last filing, allocates its fund in top three markets: Large Growth, Large Value and Foreign Stock. Further, as of the last filing, Apple Inc, Alaska Airgroup Inc and Amazon.Com Inc were the top holdings for FCGAX.
This Zacks Rank #2 (Buy) was incepted in March 1948 and is managed by Franklin/Temp . FCGAX carries an expense ratio of 0.63% and requires a minimal initial investment of $100,000.
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