LU2404266335
Franklin Gold and Precious Metals Fund
As of 10/06/2026
NAV
$22.27
NAV Change
$-1.24
As of 31/05/2026
Morningstar Overall Rating™
Overall Morningstar Rating
Rating Category: Sector Equity Precious Metals
Morningstar Style Box
[products.morningstar-stylebox-title-sr-equity]
| Large | Size | |||
|---|---|---|---|---|
| Medium | ||||
| Small | ||||
| Value | Blend | Growth | ||
| Style | ||||
Historical Morningstar Ratings
| Years | 3 |
| Ratings | |
| Number of Funds In Category | 252 |
| Years | 5 |
| Ratings | |
| Number of Funds In Category |
| Years | 10 |
| Ratings | |
| Number of Funds In Category |
Overview
- Summary of Fund Objective
- Investor Profile
- What Are The Key Risks?
Summary of Fund Objective
To seek long-term investment growth, mainly through growth of capital and, as a secondary objective, income. The Fund mainly invests in equities and equity-related securities of companies of any market capitalisation active in mining, processing or trading of gold or other precious metals. These investments may be from anywhere in the world, including emerging markets.
Investor Profile
- seeking capital appreciation by investing primarily in securities of gold and precious metals operation companies located anywhere in the world;
- planning to hold their investment for the medium to long term.
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.
- The Fund invests mainly in equity and equity-related securities of gold and precious metal companies in both developed and emerging countries. Such securities have historically been subject to significant price movements, frequently to a greater extent than equity markets globally. As a result, the performance of the Fund can fluctuate very significantly over relatively short time periods.
- Other significant risks include:
Foreign Currency risk: the risk of loss arising from exchange-rate fluctuations or due to exchange control regulations.
Emerging markets risk: the risk related to investing in countries that have less developed political, economic, legal and regulatory systems, and that may be impacted by political/economic instability, lack of liquidity or transparency, or safekeeping issues.
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 full details of all of the risks applicable to this Fund, please refer to the “Risk Considerations” section of the Fund in the current prospectus of Franklin Templeton Investment Funds.
Fund Information
Total Net Assets
$2.13 Billion
Fund Inception Date
30/04/2010
Share Class Inception Date
15/11/2021
Base Currency for Fund
USD
Base Currency for Share Class
USD
Benchmark
FTSE Gold Mines Index
Asset Class
Equity
Investment Manager
Franklin Advisers, Inc.
Investment Vehicle
Franklin Templeton Investment Funds
Domicile
Luxembourg
Minimum Investment
USD 1000
Sales Charges, Expenses & Fees
Initial Charge
N/A
Ongoing Charges Figure
1.00%
Identifiers
CUSIP Code
L4063Q253
ISIN Code
LU2404266335
Bloomberg Code
FRAPMWU LX
SEDOL Code
BNVRRC1
Fund Number
2359
Portfolio Managers
SL
FF
MA
Performance
- Discrete Annual Returns
- Cumulative Total Returns
- Average Annual Total Returns
- Calendar Year Returns
- Risk Measures
Discrete Annual Returns
Discrete Annual Returns
Past performance does not predict future returns.
Month End As of 31/05/2026 | Currency | May-25 / May-26 | May-24 / May-25 | May-23 / May-24 | May-22 / May-23 | May-21 / May-22 | May-20 / May-21 | May-19 / May-20 | May-18 / May-19 | May-17 / May-18 | May-16 / May-17 | Performance Inception Date | Fund Overview | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W (acc) USD - Without Sales Charge (NAV) (%) | USD | 94.75 | 61.84 | 18.53 | -14.65 | -17.37 | 37.02 | 59.20 | -8.09 | -12.82 | -1.47 | 30/04/2010 | ||
| FTSE Gold Mines Index (%) | USD | 86.54 | 52.10 | 15.04 | -5.46 | -18.05 | 13.02 | 64.83 | -1.53 | -3.57 | 0.65 | — |
Month End As of 31/05/2026 | Currency | May-25 / May-26 | May-24 / May-25 | May-23 / May-24 | May-22 / May-23 | May-21 / May-22 | May-20 / May-21 | May-19 / May-20 | May-18 / May-19 | May-17 / May-18 | May-16 / May-17 | Performance Inception Date | Fund Overview | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A (acc) CHF-H1 - Without Sales Charge (NAV) (%) | CHF | 82.87 | 52.49 | 11.98 | -19.69 | -20.32 | 33.89 | 56.93 | -11.59 | -15.41 | -4.55 | 30/09/2010 | ||
| A (acc) EUR - Without Sales Charge (NAV) (%) | EUR | 88.09 | 53.47 | 15.63 | -14.97 | -6.29 | 24.44 | 60.54 | -4.09 | -16.22 | -2.29 | 30/04/2010 | ||
| A (acc) EUR-H1 - Without Sales Charge (NAV) (%) | EUR | 87.05 | 55.64 | 14.82 | -20.15 | -19.37 | 34.47 | 57.91 | -11.73 | -15.57 | -3.85 | 30/04/2010 | ||
| A (acc) HKD - Without Sales Charge (NAV) (%) | HKD | 93.00 | 60.89 | 17.39 | -15.57 | -16.75 | 37.25 | 57.67 | -8.47 | -12.13 | -1.26 | 30/04/2010 | ||
| A (acc) SGD - Without Sales Charge (NAV) (%) | SGD | 90.87 | 52.96 | 17.26 | -16.49 | -14.70 | 28.08 | 63.83 | -5.76 | -15.65 | -1.05 | 30/04/2010 | ||
| A (acc) USD - Without Sales Charge (NAV) (%) | USD | 93.29 | 60.54 | 17.57 | -15.45 | -17.73 | 37.02 | 59.20 | -8.09 | -12.82 | -1.47 | 30/04/2010 | ||
| A (Ydis) EUR - Without Sales Charge (NAV) (%) | EUR | 88.17 | 53.28 | 15.77 | -14.97 | -6.29 | 24.44 | 60.18 | -3.87 | -16.22 | -2.46 | 30/04/2010 | ||
| N (acc) EUR - Without Sales Charge (NAV) (%) | EUR | 86.67 | 52.23 | 14.93 | -15.62 | -6.96 | 23.34 | 59.23 | -4.58 | -16.92 | -3.13 | 30/04/2010 | ||
| N (acc) PLN-H1 - Without Sales Charge (NAV) (%) | PLN | 89.67 | — | — | — | — | — | — | — | — | — | 15/11/2024 | ||
| N (acc) USD - Without Sales Charge (NAV) (%) | USD | 91.76 | 59.40 | 16.47 | -15.96 | -18.35 | 35.98 | 58.45 | -8.88 | -13.74 | -1.99 | 30/04/2010 | ||
| W (acc) SGD - Without Sales Charge (NAV) (%) | SGD | 92.60 | 54.44 | 18.44 | -15.86 | -14.32 | 28.08 | 63.83 | -5.76 | -15.65 | -1.05 | 30/04/2010 |
Cumulative Total Returns
Average Annual Total Returns
Average Annual Total Returns
Past performance does not predict future returns.
Month End As of 31/05/2026 | Currency | 1 Year | 3 Years | 5 Years | 10 Years | 15 Years | Since Inception 30/04/2010 | |
|---|---|---|---|---|---|---|---|---|
| W (acc) USD - Without Sales Charge (NAV) (%) | USD | 94.75 | 55.15 | 21.38 | 16.33 | 3.97 | 4.89 | |
| FTSE Gold Mines Index (%) | USD | 86.54 | 48.33 | 20.39 | 16.24 | 4.51 | 5.04 |
Month End
W (acc) USD - Without Sales Charge (NAV) (%)
Currency
USD
1 Year
94.75
3 Years
55.15
5 Years
21.38
10 Years
16.33
15 Years
3.97
Since Inception
4.89
Month End
FTSE Gold Mines Index (%)
Currency
USD
1 Year
86.54
3 Years
48.33
5 Years
20.39
10 Years
16.24
15 Years
4.51
Since Inception
5.04
Month End As of 31/05/2026 | Currency | 1 Year | 3 Years | 5 Years | 10 Years | 15 Years | Since Inception |
| Fund Overview | |
|---|---|---|---|---|---|---|---|---|---|---|
| A (acc) CHF-H1 - Without Sales Charge (NAV) (%) | CHF | 82.87 | 46.15 | 14.85 | 11.60 | 0.53 | 0.73 | 30/09/2010 | ||
| A (acc) EUR - Without Sales Charge (NAV) (%) | EUR | 88.09 | 49.44 | 21.61 | 15.36 | 5.17 | 5.51 | 30/04/2010 | ||
| A (acc) EUR-H1 - Without Sales Charge (NAV) (%) | EUR | 87.05 | 49.50 | 16.57 | 12.60 | 1.29 | 2.31 | 30/04/2010 | ||
| A (acc) HKD - Without Sales Charge (NAV) (%) | HKD | 93.00 | 53.89 | 20.71 | 15.98 | 3.76 | 4.71 | 30/04/2010 | ||
| A (acc) SGD - Without Sales Charge (NAV) (%) | SGD | 90.87 | 50.70 | 19.52 | 14.94 | 3.91 | 4.15 | 30/04/2010 | ||
| A (acc) USD - Without Sales Charge (NAV) (%) | USD | 93.29 | 53.93 | 20.48 | 15.89 | 3.71 | 4.65 | 30/04/2010 | ||
| A (Ydis) EUR - Without Sales Charge (NAV) (%) | EUR | 88.17 | 49.46 | 21.62 | 15.34 | 5.17 | 5.51 | 30/04/2010 | ||
| N (acc) EUR - Without Sales Charge (NAV) (%) | EUR | 86.67 | 48.35 | 20.73 | 14.49 | 4.39 | 4.72 | 30/04/2010 | ||
| N (acc) PLN-H1 - Without Sales Charge (NAV) (%) | PLN | 89.67 | — | — | — | — | 104.74 | 15/11/2024 | ||
| N (acc) USD - Without Sales Charge (NAV) (%) | USD | 91.76 | 52.68 | 19.56 | 15.03 | 2.92 | 3.85 | 30/04/2010 | ||
| W (acc) SGD - Without Sales Charge (NAV) (%) | SGD | 92.60 | 52.15 | 20.49 | 15.41 | 4.19 | 4.42 | 30/04/2010 |
Month End
A (acc) CHF-H1 - Without Sales Charge (NAV) (%)
Currency
CHF
1 Year
82.87
3 Years
46.15
5 Years
14.85
10 Years
11.60
15 Years
0.53
Since Inception
0.73
Fund Overview
Month End
A (acc) EUR - Without Sales Charge (NAV) (%)
Currency
EUR
1 Year
88.09
3 Years
49.44
5 Years
21.61
10 Years
15.36
15 Years
5.17
Since Inception
5.51
Fund Overview
Month End
A (acc) EUR-H1 - Without Sales Charge (NAV) (%)
Currency
EUR
1 Year
87.05
3 Years
49.50
5 Years
16.57
10 Years
12.60
15 Years
1.29
Since Inception
2.31
Fund Overview
Month End
A (acc) HKD - Without Sales Charge (NAV) (%)
Currency
HKD
1 Year
93.00
3 Years
53.89
5 Years
20.71
10 Years
15.98
15 Years
3.76
Since Inception
4.71
Fund Overview
Month End
A (acc) SGD - Without Sales Charge (NAV) (%)
Currency
SGD
1 Year
90.87
3 Years
50.70
5 Years
19.52
10 Years
14.94
15 Years
3.91
Since Inception
4.15
Fund Overview
Month End
A (acc) USD - Without Sales Charge (NAV) (%)
Currency
USD
1 Year
93.29
3 Years
53.93
5 Years
20.48
10 Years
15.89
15 Years
3.71
Since Inception
4.65
Fund Overview
Month End
A (Ydis) EUR - Without Sales Charge (NAV) (%)
Currency
EUR
1 Year
88.17
3 Years
49.46
5 Years
21.62
10 Years
15.34
15 Years
5.17
Since Inception
5.51
Fund Overview
Month End
N (acc) EUR - Without Sales Charge (NAV) (%)
Currency
EUR
1 Year
86.67
3 Years
48.35
5 Years
20.73
10 Years
14.49
15 Years
4.39
Since Inception
4.72
Fund Overview
Month End
N (acc) PLN-H1 - Without Sales Charge (NAV) (%)
Currency
PLN
1 Year
89.67
3 Years
—
5 Years
—
10 Years
—
15 Years
—
Since Inception
104.74
Fund Overview
Month End
N (acc) USD - Without Sales Charge (NAV) (%)
Currency
USD
1 Year
91.76
3 Years
52.68
5 Years
19.56
10 Years
15.03
15 Years
2.92
Since Inception
3.85
Fund Overview
Month End
W (acc) SGD - Without Sales Charge (NAV) (%)
Currency
SGD
1 Year
92.60
3 Years
52.15
5 Years
20.49
10 Years
15.41
15 Years
4.19
Since Inception
4.42
Fund Overview
Calendar Year Returns
Risk Measures
Risk Measures
Measured against: FTSE Gold Mines Index
| Statistics | 1 Year | 3 Years | 5 Years |
|---|---|---|---|
| Beta | 1.00 | 0.96 | 0.94 |
| Historical Tracking Error | 9.93 | 10.32 | 11.21 |
| Information Ratio | 0.83 | 0.66 | 0.09 |
| Standard Deviation (%) | 1 Year | 3 Years | 5 Years |
|---|---|---|---|
| W (acc) USD - Without Sales Charge (NAV) | 43.73 | 35.03 | 35.13 |
| FTSE Gold Mines Index | 42.49 | 34.99 | 35.62 |
| Sharpe Ratio (%) | 1 Year | 3 Years | 5 Years |
|---|---|---|---|
| W (acc) USD - Without Sales Charge (NAV) | 2.08 | 1.44 | 0.51 |
Portfolio
Assets
Total Net Assets
$2.13 Billion
Portfolio Statistics
| Fund | Benchmark | |
|---|---|---|
| Price to Cash Flow | 10.34x | 10.39x |
| Price to Book | 3.36x | 3.07x |
Portfolio Allocations
- Assets
- Geography
- Sector
- Market Capitalization
Assets
Asset Allocation
Chart
Bar chart with 2 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 1.856 to 98.144.
0%100%25%50%75%125%
End of interactive chart.
| Fund | ||
|---|---|---|
| Equity | 98.14% | |
| Cash & Cash Equivalents | 1.86% |
Any negative cash position reflects a temporary position that is a result of a delay in securities settlement transactions.
Geography
Geographic Allocation
Chart
Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 0.0618 to 71.7219.
0%25%50%75%100%
End of interactive chart.
| Fund | Benchmark | ||
|---|---|---|---|
| 65.28% | 71.72% | ||
| 26.04% | 9.12% | ||
| 4.45% | 16.22% | ||
| 1.16% | — | ||
| 1.15% | 2.15% | ||
| 0.06% | 0.78% | ||
| 1.86% | — |
Any negative cash position reflects a temporary position that is a result of a delay in securities settlement transactions.
Sector
Sector Allocation
Chart
Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 0.0033 to 98.3495.
0%100%25%50%75%125%
End of interactive chart.
| Fund | Benchmark | ||
|---|---|---|---|
| Long Life Gold Mines | 55.27% | 98.35% | |
| Gold Exploration & Development | 20.88% | — | |
| Diversified Metals & Mining | 10.41% | — | |
| Precious Metals & Minerals | 4.17% | — | |
| Silver | 3.06% | — | |
| Medium Life Gold Mines | 2.11% | 1.65% | |
| Copper | 1.13% | — | |
| Oil & Gas Exploration & Production | 1.10% | — | |
| Research & Consulting Services | 0.01% | — | |
| Environmental & Facilities Services | 0.00% | — | |
| Cash & Cash Equivalents | 1.86% | — |
Any negative cash position reflects a temporary position that is a result of a delay in securities settlement transactions.
Market Capitalization
Market Capitalisation Allocation
Chart
Bar chart with 7 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 3.564 to 38.2472.
0%10%20%30%40%50%
End of interactive chart.
| Fund | ||
|---|---|---|
| <2.0 Billion | 38.25% | |
| 2.0-5.0 Billion | 13.41% | |
| 5.0-10.0 Billion | 12.52% | |
| 10.0-25.0 Billion | 14.59% | |
| 25.0-50.0 Billion | 3.56% | |
| >50.0 Billion | 13.12% | |
| N/A | 4.55% |
Any negative cash position reflects a temporary position that is a result of a delay in securities settlement transactions.
Portfolio Holdings
Holdings
Security Name
G Mining Ventures Corp ORD CAD 0.000001 144A
Weight (%)
5.13
Market Value ($)
106,997,744
Quantity
3,087,094
Security Name
Alamos Gold Inc ORD USD NPV CL A
Weight (%)
4.91
Market Value ($)
102,446,100
Quantity
2,565,000
Security Name
Barrick Mining Corp ORD USD NPV
Weight (%)
4.76
Market Value ($)
99,445,462
Quantity
2,527,846
Security Name
NEWMONT CORP COM USD1.6
Weight (%)
3.65
Market Value ($)
76,229,958
Quantity
686,200
Security Name
Equinox Gold Corp ORD USD 1
Weight (%)
2.91
Market Value ($)
60,739,960
Quantity
4,351,000
Security Name
Anglogold Ashanti Plc ORD USD 1
Weight (%)
2.46
Market Value ($)
51,252,782
Quantity
546,813
Security Name
Agnico Eagle Mines Ltd ORD USD NPV
Weight (%)
2.38
Market Value ($)
49,574,514
Quantity
263,400
Security Name
Cash and Cash Equivalents
Weight (%)
2.33
Market Value ($)
48,708,819
Quantity
Security Name
Perseus Mining Ltd ORD AUD NPV
Weight (%)
2.21
Market Value ($)
46,028,199
Quantity
11,484,978
Security Name
Greatland Resources Ltd ORD GBP 1
Weight (%)
2.13
Market Value ($)
44,499,519
Quantity
4,520,000
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.
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