FRBRX – Franklin Biotechnology Discovery R6 Investment Strategy | Morningstar

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Strategy

The investment seeks capital appreciation. Under normal market conditions, the fund invests at least 80% of its net assets in securities of biotechnology companies and discovery research firms. The fund predominantly invests in equity securities. In addition to its investments in biotechnology companies, the fund may also invest up to 20% of its net assets in equity or debt securities of any type of issuer. It is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
FTDZX	Franklin Biotechnology Discovery Fund Advisor Class	Institutional	Open			Sep 1, 2009	$172.61M	0.760%	Below Average	$100,000	$28.44M
FBDIX	Franklin Biotechnology Discovery Fund Class A	Front Load	Open			Sep 15, 1997	$895.39M	1.010%	Low	$1,000	−$30.44M
FBTDX	Franklin Biotechnology Discovery Fund Class C	Level Load	Open			Mar 4, 2014	$21.63M	1.760%	Below Average	$1,000	−$3.73M
FRBRX	Franklin Biotechnology Discovery Fund Class R6	Retirement, Large	Open			May 1, 2013	$15.72M	0.670%	Low	$1M	$3.48M

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