157.33000 USD
0.57
0.36%
Last update Dec 11, 9:30 AM EST
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156.75999
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Franklin Growth Fund Class R6
157.33
0.57
0.36%

Overview

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Description

Franklin Growth Fund Class R6 is an actively managed mutual fund focused on achieving long-term capital appreciation. The fund primarily invests in the equity securities of companies recognized as leaders within their industries, often emphasizing large-cap and mid-cap U.S. firms but also considering businesses in fast-growing sectors. Its portfolio features a concentration in industry giants such as Nvidia, Microsoft, Amazon, and Apple, reflecting a significant tilt toward technology and innovative companies driving growth in the modern economy. With a relatively low expense ratio of approximately 0.46% and a high minimum initial investment, this retirement-class share targets institutional investors seeking exposure to large growth equities. The fund holds a diversified basket of around 90–100 holdings, aiming to balance risk while capitalizing on the long-term growth trajectories of prominent market players. Its performance and risk profile are benchmarked against large-cap growth indices, making it a notable option for those focused on capital appreciation through dynamic equity allocations.

About

Address
San Mateo, CA 94403-1906
Fidelity Mt Vernon Street Trust
Phone
Instrument type
Mutual fund
Country
United States
MIC code
XNMS
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