Focused on innovation to drive
future growth

FRANKLIN U.S. OPPORTUNITIES FUND

The Fund holds many leading U.S. companies that are well-positioned to benefit from powerful consumer and business trends including those driven by innovative technologies. These technology solutions will impact how people live their lives and how businesses grow.

We seek to invest in the best opportunities among fast-growing businesses regardless of sector or market capitalization size.

WHY THIS FUND?

A Focus On Growth Companies In The U.S

The fund focuses on larger U.S.-based companies that are positioning their businesses for growth. Companies include leaders in areas such as online retailing, digital commerce and healthcare.

A High Conviction, Diversified Approach

Each stock in the fund is selected using rigorous fundamental research. This diversified portfolio of 70-90 holdings has broad sector exposures emphasizing technology, healthcare and consumer segments.

A Focused & Experienced Investment Team

Located in Silicon Valley, our expert team is well situated to identify powerful secular growth trends. They have a finger on the pulse of companies at the forefront of innovation.

HIGH CONVICTION PORTFOLIO OF LEADING COMPANIES

Top 10 (%) as of June 30, 2020

CompanyIndustry% of Total
Amazon.com Inc. Retailing 8.96
Microsoft Corp. Software & Services 6.76
Mastercard Inc. Software & Services 4.53
Visa Inc. Software & Services 3.80
Apple Inc Technology Hardware & Equipment 3.39
ServiceNow Inc. Software & Services 3.05
SBA Communications Corp Real Estate 2.80
Alphabet Inc. Media & Entertainment 2.67
Costar Group Inc. Comm. & Prof. Services 2.38
UnitedHealth Group Inc. Health Care Equipment & Services 2.20
Total Percentage of Portfolio   40.55

INVESTMENT THEMES FOR THE NEXT DECADE

CLOUD COMPUTING SERVICES

Storing and accessing data and applications over the Internet instead of on local compute resources

DIGITAL PAYMENTS, E-COMMERCE

The buying and selling of products via electronic means such as the Internet

HEALTH CARE INNOVATION

A data-driven approach to meet the changing needs of an aging global population

DIVERSIFIED ACROSS MULTIPLE SECTORS

Sector Breakdown (%)
As of June 30, 2020

Information Technology Healtd Care Consumer Discretionary Industrials Financials
40.7 16.5 12.2 9.2 6.2
Comm. Services Real Estate Consumer Staples Materials Energy
6.3 3.7 2.5 0.9 0.0

Cash & Cash Equivalents: 1.90%

STRATEGICALLY-LOCATED, FOCUSED, EXPERIENCED TEAM

As of June 30, 2020

IMPRESSIVE RESULTS—EVEN DURING THE RECENT DOWNTURN

Fund Performance (%) and Peer Group Rankings
Series F,as of June 30, 2020

YTD^1 Year^3 Years5 Years10 YearsSince Incept.*
Fund Performance 20.38 26.04 20.18 14.24 16.18 4.75
Morningstar US Equity Category -1.99 5.91 8.88 9.12 13.69 3.73
Percentile Rank** 3rd 6th 8th 13th 16th N/A
  • Quartile ranking:
  • 1st Quartile
  • 2nd Quartile
  • 3rd Quartile
  • 4th Quartile

‡ All data for Series F, Series F is available to investors participating in programs that do not require Franklin Templeton to incur distribution costs in the form of trailing commissions to dealers. Consequently, the management fee on Series F is lower than on Series A. ^Cumulative. *Inception November 24, 2000 (repositioned with a new investment team in 2016). **Source: Morningstar Research Inc. as of June 30, 2020.

MANAGER INSIGHTS

Watch Portfolio Manager Grant Bowers explain how Franklin U.S. Opportunities Fund is well positioned for the current market and eventual recovery.

Key Resources

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