NAV
£4.77
NAV Change
£-0.05
Overall Morningstar Rating
Rating Category: US Large-Cap Growth Equity

Morningstar Style Box
| Large | Size | |||
|---|---|---|---|---|
| Medium | ||||
| Small | ||||
| Value | Blend | Growth | ||
| Style | ||||
Historical Morningstar Ratings
| Years | 3 |
| Morningstar Overall Rating™ | |
| Number of Funds In Category |
| Years | 5 |
| Morningstar Overall Rating™ | |
| Number of Funds In Category |
| Years | 10 |
| Morningstar Overall Rating™ | |
| Number of Funds In Category |
This is a marketing communication.
For the purposes of the UK Sustainability Disclosure Requirements, a sustainable investment label helps investors find funds that have a specific sustainability objective. This Fund does not have a UK sustainable investment label because it does not have a specific sustainability objective.
Overview
- Summary of Fund Objective
- What Are The Key Risks?
Summary of Fund Objective
The Fund aims to increase in value through investment growth over periods of five years or more after all fees and costs are deducted. There is no guarantee that the Fund will achieve its objective over this or any other time period. Capital invested is at risk and you may get back less than you paid in.
What Are The Key Risks?
The value of shares in the Fund and income received from it can go down as well as up and investors may not get back the full amount invested. Performance may also be affected by currency fluctuations. Currency fluctuations may affect the value of overseas investments. There is no guarantee that the Fund will meet its objective.
- The Fund invests mainly in equity securities of companies located in or doing significant business in the U.S. Such securities have historically been subject to significant price movements that may occur suddenly due to market or company-specific factors. As a result, the performance of the Fund can fluctuate significantly over relatively short time periods.
- Risks materially relevant not adequately captured by the indicator:
Concentration risk: the risk that arises when a fund invests in relatively few holdings, few sectors or a restricted geographic area. Performance may be more volatile than a fund with a greater number of securities.
Single Country/Region Risk: this fund invests primarily in the United States, which means that it is more sensitive to local economic, market, political or regulatory events in the United States, and will be more affected by these events than other funds that invest in a broader range of regions.
Equity risk: prices of equities may be affected by factors such as economic, political, market, and issuer-specific changes. Such changes may adversely affect the value of the equities regardless of company-specific performance.
Liquidity risk: the risk that arises when adverse market conditions affect the ability to sell assets when necessary. Such risk may be triggered by (but not limited to) unexpected events such as environmental disasters or pandemics. Reduced liquidity may have a negative impact on the price of the assets.
For a full discussion of all the risks applicable to this Fund, please refer to the “Risk Factors” section of the current prospectus of Franklin Templeton Funds.
Fund Information
Charges
Identifiers
Fund Managers



Performance
- Discrete Annual Performance
- Cumulative Performance
- Annualised Performance
- Calendar Year Performance
- Risk Measures
Discrete Annual Performance
Discrete Annual Performance
Past performance does not predict future returns.
Month End As of 30/04/2026 | Currency | Apr-25 / Apr-26 | Apr-24 / Apr-25 | Apr-23 / Apr-24 | Apr-22 / Apr-23 | Apr-21 / Apr-22 | Apr-20 / Apr-21 | Apr-19 / Apr-20 | Apr-18 / Apr-19 | Apr-17 / Apr-18 | Apr-16 / Apr-17 | Performance Inception Date | Fund Overview | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W (acc)-H2 (%) | GBP | — | — | — | — | — | — | — | — | — | — | 03/10/2025 | ||
| Russell 3000 Growth Index (Hedged into GBP) (%) | GBP | 30.14 | 14.13 | 29.24 | 0.00 | -7.66 | 50.40 | 6.58 | 14.21 | 16.84 | 18.66 | — | ||
| S&P 500 Index (Hedged into GBP) (%) | GBP | 30.22 | 12.02 | 21.26 | 0.34 | -0.63 | 44.19 | -1.95 | 11.11 | 11.33 | 16.95 | — |
The share class was launched on 03/10/2025 . Under current legislation, we are not allowed to display performance data with less than a complete 12 month performance record.
Month End As of 30/04/2026 | Currency | Apr-25 / Apr-26 | Apr-24 / Apr-25 | Apr-23 / Apr-24 | Apr-22 / Apr-23 | Apr-21 / Apr-22 | Apr-20 / Apr-21 | Apr-19 / Apr-20 | Apr-18 / Apr-19 | Apr-17 / Apr-18 | Apr-16 / Apr-17 | Performance Inception Date | Fund Overview | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W (acc) (%) | GBP | 16.85 | -1.79 | 36.80 | -7.48 | -7.22 | 33.99 | 11.27 | 19.94 | 13.16 | 33.24 | 30/01/2009 |
The Russell 3000 Growth Index, as it is widely available and reflects growth-oriented investments in the US stock market.
The S&P 500 Index, which reflects the overall stock market performance of 500 large companies listed in the United States.
The Investment Association North American sector average, which reflects the performance of the Fund’s competitors.
The value of shares in the Fund and income received from it can go down as well as up, and investors may not get back the full amount invested. Performance details provided are in share class currency, include the reinvested dividends gross of basic rate tax and are net of management fees. Sales charges and other commissions, other taxes and relevant costs to be paid by an investor are not included in the calculations.
Selected share classes show performance information prior to the launch date of that share class. In these cases, performance has been simulated by taking the performance data of a donor share class which has higher annual charges. Please follow this link for a full list of hybrid performance share classes.
Cumulative Performance
Cumulative Performance
Past performance does not predict future returns.
Month End As of 30/04/2026 | Currency | YTD | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | 5 Years | 10 Years | 15 Years | Performance Inception 03/10/2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W (acc)-H2 (%) | GBP | — | — | — | — | — | — | — | — | — | — | |
| Russell 3000 Growth Index (Hedged into GBP) (%) | GBP | 0.89 | 11.75 | 2.14 | -1.37 | 30.14 | 91.96 | 77.26 | 349.92 | 650.96 | 1.82 | |
| S&P 500 Index (Hedged into GBP) (%) | GBP | 5.16 | 10.10 | 3.66 | 5.45 | 30.22 | 76.88 | 76.36 | 260.70 | 500.80 | 7.53 |
The share class was launched on 03/10/2025 . Under current legislation, we are not allowed to display performance data with less than a complete 12 month performance record.
Month End As of 30/04/2026 | Currency | YTD | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | 5 Years | 10 Years | 15 Years | Performance Inception | Performance Inception Date | Fund Overview | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W (acc) (%) | GBP | 0.36 | 13.68 | 3.69 | -6.59 | 16.85 | 56.99 | 34.76 | 263.32 | 529.69 | 921.74 | 30/01/2009 |
The Russell 3000 Growth Index, as it is widely available and reflects growth-oriented investments in the US stock market.
The S&P 500 Index, which reflects the overall stock market performance of 500 large companies listed in the United States.
The Investment Association North American sector average, which reflects the performance of the Fund’s competitors.
The value of shares in the Fund and income received from it can go down as well as up, and investors may not get back the full amount invested. Performance details provided are in share class currency, include the reinvested dividends gross of basic rate tax and are net of management fees. Sales charges and other commissions, other taxes and relevant costs to be paid by an investor are not included in the calculations.
Selected share classes show performance information prior to the launch date of that share class. In these cases, performance has been simulated by taking the performance data of a donor share class which has higher annual charges. Please follow this link for a full list of hybrid performance share classes.
Annualised Performance
Annualised Performance
Past performance does not predict future returns.
Month End As of 30/04/2026 | Currency | 1 Year | 3 Years | 5 Years | 10 Years | 15 Years | |
|---|---|---|---|---|---|---|---|
| W (acc)-H2 (%) | GBP | — | — | — | — | — | |
| Russell 3000 Growth Index (Hedged into GBP) (%) | GBP | 30.14 | 24.28 | 12.13 | 16.23 | 14.39 | |
| S&P 500 Index (Hedged into GBP) (%) | GBP | 30.22 | 20.93 | 12.02 | 13.69 | 12.70 |
The share class was launched on 03/10/2025 . Under current legislation, we are not allowed to display performance data with less than a complete 12 month performance record.
Month End As of 30/04/2026 | Currency | 1 Year | 3 Years | 5 Years | 10 Years | 15 Years | Performance Inception | Performance Inception Date | Fund Overview | |
|---|---|---|---|---|---|---|---|---|---|---|
| W (acc) (%) | GBP | 16.85 | 16.22 | 6.15 | 13.77 | 13.05 | 14.43 | 30/01/2009 |
The Russell 3000 Growth Index, as it is widely available and reflects growth-oriented investments in the US stock market.
The S&P 500 Index, which reflects the overall stock market performance of 500 large companies listed in the United States.
The Investment Association North American sector average, which reflects the performance of the Fund’s competitors.
The value of shares in the Fund and income received from it can go down as well as up, and investors may not get back the full amount invested. Performance details provided are in share class currency, include the reinvested dividends gross of basic rate tax and are net of management fees. Sales charges and other commissions, other taxes and relevant costs to be paid by an investor are not included in the calculations.
Selected share classes show performance information prior to the launch date of that share class. In these cases, performance has been simulated by taking the performance data of a donor share class which has higher annual charges. Please follow this link for a full list of hybrid performance share classes.
Calendar Year Performance
Calendar Year Performance
Past performance does not predict future returns.
Month End As of 30/04/2026 | Currency | YTD | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | Performance Inception Date | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W (acc)-H2 (%) | GBP | — | — | — | — | — | — | — | — | — | — | — | 03/10/2025 | |
| Russell 3000 Growth Index (Hedged into GBP) (%) | GBP | 0.89 | 18.41 | 32.09 | 38.87 | -30.65 | 25.61 | 34.92 | 32.62 | -4.00 | 27.96 | 6.27 | — | |
| S&P 500 Index (Hedged into GBP) (%) | GBP | 5.16 | 18.01 | 24.55 | 24.27 | -19.95 | 28.20 | 15.50 | 28.37 | -6.28 | 20.28 | 10.87 | — |
The share class was launched on 03/10/2025 . Under current legislation, we are not allowed to display performance data with less than a complete 12 month performance record.
Month End As of 30/04/2026 | Currency | YTD | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | Performance Inception Date | Fund Overview | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W (acc) (%) | GBP | 0.36 | -1.72 | 29.59 | 33.15 | -29.71 | 16.69 | 37.33 | 29.80 | 0.74 | 16.16 | 19.04 | 30/01/2009 |
The Russell 3000 Growth Index, as it is widely available and reflects growth-oriented investments in the US stock market.
The S&P 500 Index, which reflects the overall stock market performance of 500 large companies listed in the United States.
The Investment Association North American sector average, which reflects the performance of the Fund’s competitors.
The value of shares in the Fund and income received from it can go down as well as up, and investors may not get back the full amount invested. Performance details provided are in share class currency, include the reinvested dividends gross of basic rate tax and are net of management fees. Sales charges and other commissions, other taxes and relevant costs to be paid by an investor are not included in the calculations.
Selected share classes show performance information prior to the launch date of that share class. In these cases, performance has been simulated by taking the performance data of a donor share class which has higher annual charges. Please follow this link for a full list of hybrid performance share classes.
Risk Measures
Risk Measures
Portfolio
Positions
Portfolio Statistics
| Fund | Benchmark | |
|---|---|---|
| Price to Earnings (12-Month Forward) | 29.96x | 27.29x |
| Price to Cash Flow | 28.28x | 25.59x |
| Price to Book | 11.15x | 12.07x |
Portfolio Allocations
- Assets
- Geography
- Sector
- Market Capitalisation
Assets
Asset Allocation
Chart
| Fund | ||
|---|---|---|
| Equity | 98.94% | |
| Cash & Cash Equivalents | 1.06% |
Any negative cash position reflects a temporary position that is a result of a delay in securities settlement transactions.
Geography
Geographic Allocation
Chart
| Fund | Benchmark | ||
|---|---|---|---|
| 97.33% | 100.00% | ||
| 1.61% | — | ||
| 1.06% | — |
Any negative cash position reflects a temporary position that is a result of a delay in securities settlement transactions.
Sector
Sector Allocation
Chart
| Fund | Benchmark | ||
|---|---|---|---|
| Semiconductors & Semiconductor Equipment | 25.29% | 22.90% | |
| Technology Hardware & Equipment | 13.78% | 12.94% | |
| Media & Entertainment | 13.55% | 12.44% | |
| Capital Goods | 9.78% | 5.43% | |
| Software & Services | 8.94% | 14.50% | |
| Consumer Discretionary Distribution & Retail | 6.78% | 7.07% | |
| Pharmaceuticals, Biotechnology & Life Sciences | 5.71% | 5.47% | |
| Financial Services | 3.30% | 4.65% | |
| Health Care Equipment & Services | 2.86% | 1.95% | |
| Materials | 2.23% | 0.47% | |
| Automobiles & Components | 2.11% | 3.13% | |
| Transportation | 1.34% | 0.54% | |
| Commercial & Professional Services | 1.10% | 1.17% | |
| Consumer Services | 0.86% | 2.34% | |
| Utilities | 0.66% | 0.27% | |
| Food, Beverage & Tobacco | 0.64% | 0.76% | |
| Cash & Cash Equivalents | 1.06% | — |
Any negative cash position reflects a temporary position that is a result of a delay in securities settlement transactions.
Market Capitalisation
Market Capitalisation Allocation
Chart
| Fund | ||
|---|---|---|
| 2.0-5.0 Billion | 0.33% | |
| 5.0-10.0 Billion | 1.30% | |
| 10.0-25.0 Billion | 8.55% | |
| 25.0-50.0 Billion | 7.38% | |
| >50.0 Billion | 82.45% |
Any negative cash position reflects a temporary position that is a result of a delay in securities settlement transactions.
Portfolio Holdings
Holdings
These securities do not represent all of the securities purchased, sold or recommended for clients, and the reader should not assume that investment in the securities listed was or will be profitable.
Pricing
Pricing History Chart
- 1 Month
- 3 Months
- 6 Months
- YTD
- Since Inception
Chart
Past performance does not predict future returns. The value of shares in the Fund and income received from it can go down as well as up, and investors may not get back the full amount invested. Historical pricing details provided are in share class currency, calculated NAV, taking into account of reinvestments and capital gain or loss. Sales charges and other commissions, other taxes and relevant costs to be paid by an investor are not included in the calculations.
Share Prices
Highest / Lowest NAV
| Year | 2026 | 2025 |
|---|---|---|
| Highest NAV | £4.82 As on 27/05/2026 | £4.79 As on 29/10/2025 |
| Lowest NAV | £3.91 As on 31/03/2026 | £4.32 As on 21/11/2025 |
Historical Data - Daily Fund Prices
- 1 Month
- 3 Months
- 6 Months
- YTD
- 1 Year
- 3 Years
- 5 Years
- Since Inception
Historical Pricing Results From 28/04/2026 To 28/05/2026
| Date | NAV | NAV Change | NAV Change (%) |
|---|---|---|---|
| 28/05/2026 | £4.77 | £-0.05 | -1.04% |
| 27/05/2026 | £4.82 | £0.04 | 0.73% |
| 26/05/2026 | £4.79 | £0.07 | 1.40% |
| 25/05/2026 | £4.72 | £0.04 | 0.00% |
| 22/05/2026 | £4.72 | £0.04 | 0.94% |
| 21/05/2026 | £4.67 | £0.04 | 0.75% |
| 20/05/2026 | £4.64 | £0.01 | 0.24% |
| 19/05/2026 | £4.63 | £-0.03 | -0.54% |
| 18/05/2026 | £4.65 | £-0.06 | -1.25% |
| 15/05/2026 | £4.71 | £-0.02 | -0.42% |
| 14/05/2026 | £4.73 | £0.04 | 0.79% |
| 13/05/2026 | £4.70 | £0.05 | 0.99% |
| 12/05/2026 | £4.65 | £-0.01 | -0.11% |
| 11/05/2026 | £4.66 | £-0.02 | -0.49% |
| 08/05/2026 | £4.68 | £-0.02 | -0.40% |
| 07/05/2026 | £4.70 | £0.03 | 0.73% |
| 06/05/2026 | £4.66 | £0.05 | 1.17% |
| 05/05/2026 | £4.61 | £0.02 | 0.50% |
| 04/05/2026 | £4.59 | £0.03 | 0.00% |
| 01/05/2026 | £4.59 | £0.03 | 0.72% |
| 30/04/2026 | £4.55 | £-0.00 | -0.07% |
| 29/04/2026 | £4.56 | £-0.02 | -0.52% |
| 28/04/2026 | £4.58 | £-0.04 | -0.76% |
Documents
Product Literature
Product Commentary - FTF Franklin US Opportunities Fund
Regulatory Documents
Key Investor Information Document - FTF Franklin US Opportunities Fund W (acc)-H2
Key Investor Information Document - FTF Franklin US Opportunities Fund W (acc)-H2
Prospectus - Franklin Templeton Funds (OEIC)
Annual Report (full) - Franklin Templeton Funds (FTF)
Semi Annual Report - Franklin Templeton Funds (FTF)
Instrument of Incorporation - Franklin Templeton Funds (FTF)
UK SDR: Consumer Facing Disclosures
Additional Resources
Shareholder Notice – Change in service providers
Product Level TCFD Report - FTF Franklin US Opportunities Fund
UK SDR: Product-level Sustainability Report
Morningstar Rated Funds
The value of shares in the Fund and income received from it can go down as well as up, and investors may not get back the full amount invested.
Past performance does not predict future returns.
Show Performance (%)
As of 30/04/2026
Discrete Annual
As of 30/04/2026
Discrete Annual
As of 30/04/2026
Discrete Annual
As of 30/04/2026
Discrete Annual
As of 30/04/2026
Discrete Annual
As of 30/04/2026
This website is intended to be of general interest only and does not constitute legal or tax advice nor is it an offer for shares or invitation to apply for shares of the sub funds of Franklin Templeton Funds (FTF), a UK-domiciled OEIC, or Franklin Templeton Investment Funds (FTIF), Franklin Templeton Series II Funds (FTSIIF), Franklin Templeton Shariah Funds (FTSF) and Franklin Templeton Specialised Investment Funds (FTSIF), Luxembourg-domiciled SICAVs ("the Fund") or Franklin Templeton ICAV ("the ETF"). Subscriptions to shares of the Fund or ETF can only be made on the basis of the current prospectus / supplement, the relevant Key Investor Information Document, accompanied by the latest available audited annual report and the latest semi-annual report if published thereafter.
Important Legal Information
This material is intended to be of general interest only and does not constitute legal or tax advice nor is it an offer for shares or invitation to apply for shares of the sub funds of Franklin Templeton Funds ("FTF"), a UK-domiciled OEIC ("the Fund"). Nothing in this document should be construed as investment advice.
Subscriptions to shares of the Fund can only be made on the basis of the current prospectus, the relevant Key Investor Information Document ("KIID") or Supplementary Information Document (SID) accompanied by the latest available audited annual report and the latest semi-annual report if published thereafter, which can be found on our website (www.franklintempleton.co.uk) or from the address below. US Persons (as more fully defined in the latest Fund prospectus) are not eligible to invest in the Fund. Shares of the Fund are available for sale and distribution in the UK.
An investment in the Fund entails risks which are described in the Fund's prospectus and the relevant KIID. The value of shares in the Fund and any income received from them can go down as well as up, and investors may not get back the full amount invested. Past performance is not an indicator, not a guarantee, of future performance. Where a fund invests in a specific sector or geographical area, the returns may be more volatile than a more diversified fund.
Opinions expressed are the author's at the publication date and they are subject to change without prior notice. Given the rapidly changing market environment, Franklin Templeton disclaim responsibility for updating this material. References to particular industries, sectors or companies are for general information and are not necessarily indicative of a fund's holding at any one time. Any research and analysis contained in this document has been procured by Franklin Templeton for its own purposes and is provided to you only incidentally. Franklin Templeton shall not be liable to any user of this document or to any other person or entity for the inaccuracy of information or any errors or omissions in its contents, regardless of the cause of such inaccuracy, error or omission.
There is no guarantee that the Fund will achieve its objective. For a free copy of the latest Prospectus, the SID, the relevant KIID, the annual report and semi-annual report, if published thereafter or for more information about any Franklin Templeton fund, UK investors should contact: Franklin Templeton, Telephone: 0800 305 306, Email: [email protected] or write to us at the address below. Alternatively, the information can be downloaded from our website www.franklintempleton.co.uk.
CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
Indices are unmanaged, and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.
Important data provider notices and terms available at www.franklintempletondatasources.com.
Issued by Franklin Templeton Investment Management Limited (FTIML). Registered office: Cannon Place, 78 Cannon Street, London EC4N 6HL. FTIML is authorised and regulated by the Financial Conduct Authority.
