Franklin Global Equity Fund Class I
SMYIX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- Legg Mason & Co., Llc New York NY United States of America 10018
- IPO Date
- May 2, 2003
- CIK
- 0000880366
- Website
- franklintempleton.com
- Similar Companies
- Business
- Franklin Global Equity Fund Class I (SMYIX) is an open-end mutual fund that seeks long-term capital growth by investing primarily in equity securities of companies worldwide, including U.S. and non-U.S. issuers across all capitalization ranges with a focus on large-cap stocks; it employs a quantitative investment process evaluating stocks based on relative attractiveness using measures such as value, cash flow, earnings growth, and sentiment, while region, country, and sector allocations derive from the subadviser's proprietary ranking models. The fund offers Class I shares with a net expense ratio of 0.95%, a minimum initial investment of $1,000,000, daily pricing, and annual dividend distributions; its portfolio features approximately 135 holdings, with top sectors including information technology (27.38%), financials (14.23%), consumer discretionary (11.69%), communication services (10.65%), and health care (10.52%), alongside significant allocations to U.S. stocks (72.21%), non-U.S. stocks (25.77%), and cash (1.50%). Managed by Franklin Templeton Investment Solutions, a division leveraging the firm's global network for multi-asset and quantitative strategies, the fund targets institutional and high-net-worth investors in the global large-stock blend category (Morningstar), benchmarked against the MSCI World Index-NR, with total net assets of $543.17 million and a portfolio turnover of 29% as of late 2025. Launched on May 20, 2003, and domiciled in the United States with share class inception on the same date, the fund operates globally with key holdings such as NVIDIA Corp. (6.80%), Apple Inc. (4.66%), Microsoft Corp. (4.52%), Amazon.com Inc. (2.70%), and Alphabet Inc. (2.24%), reflecting a blend style and weighted average market capitalization of $1,020.89 billion. Notable recent developments include a name change from QS Global Equity Fund prior to August 7, 2021, and portfolio management updates with Brett Risser joining as manager effective September 30, 2025, alongside Christopher Floyd (since March 2021) and Sundaram Chettiappan (since September 2023); the fund delivered calendar year returns reflecting strong performance amid resilient global equity markets, supportive monetary policy, and technology sector leadership through Q3 2025, with market commentary highlighting constructive macro conditions and healthy corporate fundamentals despite tariff uncertainties.