About FGPMX
Franklin Gold and Precious Metals Fund Class R6 is a mutual fund focused on capital appreciation through investments primarily in companies worldwide that mine, process, or deal in gold and other precious metals such as silver, platinum, and palladium. The fund allocates at least 80% of its net assets to these securities, with a portfolio often including a significant proportion of non-U.S. companies, notably Canadian firms with global mining operations. It targets companies with low-cost reserves, experienced management, long production lifespans, expandable resource bases, and active exploration programs. This fund is categorized under Equity Precious Metals and is designed for institutional investors, carrying a minimum investment requirement of $1,000,000. It has an expense ratio around 0.52% and a moderate portfolio turnover of approximately 12-15%. As of recent data, the fund manages assets over $700 million with a diversified holding of around 150 to 177 issuers across the precious metals sector, focusing on both small and mid-cap companies. The fund also seeks a secondary goal of generating current income through dividends or interest from its investments.
Fund Family Franklin Templeton Investments
Category Equity Precious Metals
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol FGPMX
Share Class Class R6
Index JP Morgan EMBI Global Diversified TR
FGPMX had a total return of 42.43% in the past year, including dividends. Since the fund's
inception, the average annual return has been 17.83%.
