Franklin International Growth Fund Class A (FNGAX) is an open-end mutual fund managed by Franklin Templeton that seeks long-term capital appreciation by investing predominantly in equity securities, primarily common stocks, of mid- and large-capitalization companies located outside the United States with long-term growth potential; it benchmarks performance against the MSCI EAFE Index-NR and maintains a portfolio turnover rate of approximately 26%, with total net assets of $743.24 million as of November 30, 2025. The fund offers investors exposure to international equities across key sectors including capital goods (14.79%), pharmaceuticals, biotechnology and life sciences (12.48%), software and services (10.89%), financial services (9.11%), and health care equipment and services (7.12%), with top holdings concentrated in multinational growth companies and approximately 34 issuers in the portfolio; geographic diversification spans Europe ex-Eurozone, Eurozone, the United Kingdom, Canada, and other regions, providing global diversification benefits as foreign markets often move independently of the U.S. market. Inception date is June 3, 2008, with Class A shares subject to a front-end sales charge of 5.50%, an adjusted expense ratio of 1.11%, and annual dividend distributions.
Recent portfolio management changes include the appointment of Samantha Mathews as a portfolio manager effective June 30, 2025, alongside long-standing managers Donald Huber (since 2014) and Patrick McKeegan (since 2021), enhancing the team's expertise in growth equity through in-depth fundamental research focused on global trends like artificial intelligence and biotech innovation; in the third quarter of 2025, the fund benefited from strong stock selection in energy and health care sectors amid easing trade tensions and U.S. Federal Reserve rate cuts, though materials and consumer discretionary selections detracted from relative performance. The fund operates under Franklin Resources, Inc. (NYSE: BEN), a global investment management firm founded in 1947 and headquartered in San Mateo, California.