Franklin Small-Mid Cap Growth Advisor Fund FSGAX seeks long-term capital growth. FSGAX invests at least 80% of its net assets in equity securities of small and medium-sized companies with market cap values of less than $8.5 billion. FSGAX invests in initial public offerings of securities and invests a small portion of its assets in private or illiquid securities, such as late stage venture capital financing.
This Small Growth producthas a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 7.1% 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.
The Franklin Small-Mid Cap Growth Advisor fund, as of the last filing, allocates their fund in top two major groups; Large Growth and Small Growth. Further, as of the last filing, Roper Technologies Inc, Equinix Inc (NASDAQ:EQIX) and Costar Group Inc were the top holdings for FSGAX.
This Zacks Rank #3 (Hold) was incepted in February 1992 and is managed by Franklin/Temp. FSGAX carries an expense ratio of 0.71% and requires a minimal initial investment of $100,000.
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 >>
View All Zacks #1 Ranked Mutual Funds
Get Your Free (FSGAX): Fund Analysis Report
Original post
Zacks Investment Research