LU0229948087
Franklin Global Real Estate Fund
As of 12/11/2025
NAV
$13.61
NAV Change
$0.04
As of 11/30/2025
Morningstar Overall Rating™
Overall Morningstar Rating
Rating Category: Property—Indirect Global
Morningstar Style Box
[products.morningstar-stylebox-title-sr-equity]
| Large | Size | |||
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| Medium | ||||
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Historical Morningstar Ratings
| Years | 3 |
| Ratings | |
| Number of Funds In Category | 595 |
| Years | 5 |
| Ratings | |
| Number of Funds In Category | 501 |
| Years | 10 |
| Ratings | |
| Number of Funds In Category | 273 |
Overview
Fund Information
Total Net Assets
$88.90 Million
Fund Inception Date
12/29/2005
Share Class Inception Date
12/29/2005
Base Currency for Fund
USD
Base Currency for Share Class
USD
Benchmark
FTSE EPRA/NAREIT Developed Index
Asset Class
Alternatives
Investment Manager
Franklin Advisers, Inc.
Legal Umbrella
Franklin Templeton Investment Funds
Domicile
Luxembourg
EU SFDR Category
Article 6
Minimum Investment
USD 1000
Sales Charges, Expenses & Fees
Initial Charge
5.75%
Ongoing Charges
1.90%
Identifiers
CUSIP Code
L4058U723
ISIN Code
LU0229948087
Bloomberg Code
FGREUAA LX
SEDOL Code
B0LMPS7
Fund Number
0375
Portfolio Managers
Performance
- Average Annual Total Returns
- Calendar Year Returns
- Cumulative Total Returns
- Risk Measures
Average Annual Total Returns
Average Annual Total Returns
Chart
Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -0.07 to 7.18.
1 Year3 Years5 Years10 Years15 YearsSince Inception
-202468
End of interactive chart.
Month End As of 11/30/2025 | Currency | 1 Year | 3 Years | 5 Years | 10 Years | 15 Years | Since Inception 12/29/2005 | |
|---|---|---|---|---|---|---|---|---|
| A (acc) USD - Without Sales Charge (NAV) (%) | USD | -0.07 | 4.07 | 2.16 | 2.05 | 3.69 | 1.67 | |
| FTSE EPRA/NAREIT Developed Index (%) | USD | 4.10 | 7.18 | 4.74 | 4.45 | 5.97 | 4.88 |
Month End
A (acc) USD - Without Sales Charge (NAV) (%)
Currency
USD
1 Year
-0.07
3 Years
4.07
5 Years
2.16
10 Years
2.05
15 Years
3.69
Since Inception
1.67
Month End
FTSE EPRA/NAREIT Developed Index (%)
Currency
USD
1 Year
4.10
3 Years
7.18
5 Years
4.74
10 Years
4.45
15 Years
5.97
Since Inception
4.88
Month End As of 11/30/2025 | Currency | 1 Year | 3 Years | 5 Years | 10 Years | 15 Years | Since Inception |
| Fund Overview | |
|---|---|---|---|---|---|---|---|---|---|---|
| A (Qdis) USD - Without Sales Charge (NAV) (%) | USD | -0.02 | 4.06 | 2.15 | 2.05 | 3.70 | 1.68 | 12/29/2005 | ||
| W (acc) USD - Without Sales Charge (NAV) (%) | USD | 0.82 | 4.96 | 3.01 | 2.77 | 4.18 | 2.03 | 12/29/2005 |
Month End
A (Qdis) USD - Without Sales Charge (NAV) (%)
Currency
USD
1 Year
-0.02
3 Years
4.06
5 Years
2.15
10 Years
2.05
15 Years
3.70
Since Inception
1.68
Fund Overview
Month End
W (acc) USD - Without Sales Charge (NAV) (%)
Currency
USD
1 Year
0.82
3 Years
4.96
5 Years
3.01
10 Years
2.77
15 Years
4.18
Since Inception
2.03
Fund Overview
Calendar Year Returns
Calendar Year Returns
Chart
Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -26.8 to 27.21.
2024202320222021202020192018201720162015
-30-20-100102030
End of interactive chart.
Month End As of 11/30/2025 | Currency | YTD | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | Performance Inception Date | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A (acc) USD - Without Sales Charge (NAV) (%) | USD | 7.99 | -1.60 | 9.99 | -26.80 | 26.03 | -7.45 | 21.10 | -7.55 | 9.20 | -0.70 | -0.52 | 12/29/2005 | |
| FTSE EPRA/NAREIT Developed Index (%) | USD | 11.85 | 1.99 | 10.85 | -24.41 | 27.21 | -8.18 | 23.06 | -4.74 | 11.42 | 4.99 | 0.05 | — |
Month End
A (acc) USD - Without Sales Charge (NAV) (%)
Currency
USD
YTD
7.99
2024
-1.60
2023
9.99
2022
-26.80
2021
26.03
2020
-7.45
2019
21.10
2018
-7.55
2017
9.20
2016
-0.70
2015
-0.52
Performance Inception Date
12/29/2005
Month End
FTSE EPRA/NAREIT Developed Index (%)
Currency
USD
YTD
11.85
2024
1.99
2023
10.85
2022
-24.41
2021
27.21
2020
-8.18
2019
23.06
2018
-4.74
2017
11.42
2016
4.99
2015
0.05
Performance Inception Date
—
Month End As of 11/30/2025 | Currency | YTD | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | Performance Inception Date | Fund Overview | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A (Qdis) USD - Without Sales Charge (NAV) (%) | USD | 7.95 | -1.56 | 10.00 | -26.83 | 26.11 | -7.46 | 21.13 | -7.61 | 9.29 | -0.81 | -0.37 | 12/29/2005 | ||
| W (acc) USD - Without Sales Charge (NAV) (%) | USD | 8.81 | -0.70 | 10.87 | -26.20 | 27.12 | -6.63 | 22.10 | -6.86 | 9.67 | -0.70 | -0.52 | 12/29/2005 |
Month End
A (Qdis) USD - Without Sales Charge (NAV) (%)
Currency
USD
YTD
7.95
2024
-1.56
2023
10.00
2022
-26.83
2021
26.11
2020
-7.46
2019
21.13
2018
-7.61
2017
9.29
2016
-0.81
2015
-0.37
Performance Inception Date
12/29/2005
Fund Overview
Month End
W (acc) USD - Without Sales Charge (NAV) (%)
Currency
USD
YTD
8.81
2024
-0.70
2023
10.87
2022
-26.20
2021
27.12
2020
-6.63
2019
22.10
2018
-6.86
2017
9.67
2016
-0.70
2015
-0.52
Performance Inception Date
12/29/2005
Fund Overview
Cumulative Total Returns
Cumulative Total Returns
2005
2005
Selected Month December 2005
2025
2025
Selected Month November 2025
Chart
Line chart with 2 lines.
The chart has 1 X axis displaying Time. Data ranges from 2005-12-01 00:00:00 to 2025-11-01 00:00:00.
The chart has 1 Y axis displaying values. Data ranges from 44.5 to 270.77.
End of interactive chart.
Month End As of 11/30/2025 | Currency | YTD | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | 5 Years | 10 Years | 15 Years | Since Inception 12/29/2005 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A (acc) USD - Without Sales Charge (NAV) (%) | USD | 7.99 | 1.68 | 0.80 | 2.65 | -0.07 | 12.72 | 11.28 | 22.55 | 72.29 | 39.21 | |
| FTSE EPRA/NAREIT Developed Index (%) | USD | 11.85 | 2.06 | 1.57 | 5.97 | 4.10 | 23.13 | 26.03 | 54.55 | 138.72 | 158.44 |
Month End
A (acc) USD - Without Sales Charge (NAV) (%)
Currency
USD
YTD
7.99
1 Month
1.68
3 Months
0.80
6 Months
2.65
1 Year
-0.07
3 Years
12.72
5 Years
11.28
10 Years
22.55
15 Years
72.29
Since Inception
39.21
Month End
FTSE EPRA/NAREIT Developed Index (%)
Currency
USD
YTD
11.85
1 Month
2.06
3 Months
1.57
6 Months
5.97
1 Year
4.10
3 Years
23.13
5 Years
26.03
10 Years
54.55
15 Years
138.72
Since Inception
158.44
Month End As of 11/30/2025 | Currency | YTD | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | 5 Years | 10 Years | 15 Years | Since Inception |
| Fund Overview | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A (Qdis) USD - Without Sales Charge (NAV) (%) | USD | 7.95 | 1.71 | 0.76 | 2.60 | -0.02 | 12.70 | 11.24 | 22.47 | 72.36 | 39.29 | 12/29/2005 | ||
| W (acc) USD - Without Sales Charge (NAV) (%) | USD | 8.81 | 1.73 | 0.98 | 3.09 | 0.82 | 15.64 | 15.96 | 31.44 | 84.79 | 49.31 | 12/29/2005 |
Month End
A (Qdis) USD - Without Sales Charge (NAV) (%)
Currency
USD
YTD
7.95
1 Month
1.71
3 Months
0.76
6 Months
2.60
1 Year
-0.02
3 Years
12.70
5 Years
11.24
10 Years
22.47
15 Years
72.36
Since Inception
39.29
Fund Overview
Month End
W (acc) USD - Without Sales Charge (NAV) (%)
Currency
USD
YTD
8.81
1 Month
1.73
3 Months
0.98
6 Months
3.09
1 Year
0.82
3 Years
15.64
5 Years
15.96
10 Years
31.44
15 Years
84.79
Since Inception
49.31
Fund Overview
Risk Measures
Risk Measures
Measured against: FTSE EPRA/NAREIT Developed Index
| Statistics | 3 Years | 5 Years | 10 Years |
|---|---|---|---|
| Beta | 1.00 | 1.02 | 0.98 |
| Historical Tracking Error | 1.87 | 1.87 | 2.10 |
| Information Ratio | -1.45 | -1.41 | -1.13 |
| Standard Deviation (%) | 3 Years | 5 Years | 10 Years |
|---|---|---|---|
| A (acc) USD - Without Sales Charge (NAV) | 15.56 | 17.28 | 16.35 |
| FTSE EPRA/NAREIT Developed Index | 15.46 | 16.89 | 16.66 |
| Sharpe Ratio (%) | 3 Years | 5 Years | 10 Years |
|---|---|---|---|
| A (acc) USD - Without Sales Charge (NAV) | -0.05 | -0.06 | 0.00 |
Portfolio
Assets
Total Net Assets
$88.90 Million
Positions
Number of Issuers
68
Portfolio Statistics
Price to Earnings (12-Month Trailing)
24.04x
Price to Book
1.51x
Price to Cash Flow
16.75x
Portfolio Allocations
- Assets
- Geography
- Sector
- Market Capitalization
Assets
Asset Allocation
Chart
Bar chart with 2 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 0.5296 to 99.4704.
0%100%25%50%75%125%
End of interactive chart.
| Fund | ||
|---|---|---|
| Equity | 99.47% | |
| Cash & Cash Equivalents | 0.53% |
Geography
Geographic Allocation
Chart
Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 0.5296 to 65.7879.
0%20%40%60%80%
End of interactive chart.
| Fund | Benchmark | ||
|---|---|---|---|
| 65.79% | 64.68% | ||
| 14.99% | 16.12% | ||
| 12.83% | 12.26% | ||
| 5.86% | 6.49% | ||
| 0.53% | — |
Sector
Sector Allocation
Chart
Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 0.5296 to 14.9297.
0%10%5%15%20%
End of interactive chart.
| Fund | Benchmark | ||
|---|---|---|---|
| Industrial Property | 14.07% | 14.93% | |
| Residential | 13.47% | 11.35% | |
| Data Centers | 8.24% | 7.48% | |
| Triple Net | 6.94% | 8.32% | |
| Retail Property | 6.17% | 4.74% | |
| Storage Property | 5.09% | 4.90% | |
| Office Space | 4.47% | 5.76% | |
| Shopping Centers | 3.90% | 3.49% | |
| Regional Malls | 2.66% | 3.84% | |
| Hotel/Resort/Entertainment Property | 2.18% | 2.01% | |
| Specialty | 1.52% | 2.03% | |
| Manufactured Homes | 1.33% | 1.66% | |
| Cash & Cash Equivalents | 0.53% | — |
Market Capitalization
Market Capitalization Allocation
Chart
Bar chart with 7 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 0.3645 to 28.0889.
0%10%20%30%
End of interactive chart.
| Fund | ||
|---|---|---|
| <2.0 Billion | 5.77% | |
| 2.0-5.0 Billion | 17.69% | |
| 5.0-10.0 Billion | 14.74% | |
| 10.0-25.0 Billion | 15.71% | |
| 25.0-50.0 Billion | 17.63% | |
| >50.0 Billion | 28.09% | |
| N/A | 0.36% |
Portfolio Holdings
- Holdings
- Top Ten Holdings
Holdings
Holdings
Security Name
Welltower Inc REIT USD1
Weight (%)
7.86
Market Value ($)
6,982,894
Quantity
38,571
Security Name
Equinix Inc REIT USD.001
Weight (%)
5.51
Market Value ($)
4,889,092
Quantity
5,779
Security Name
Prologis Inc REIT USD.01
Weight (%)
4.84
Market Value ($)
4,297,981
Quantity
34,636
Security Name
Realty Income Corp REAL ESTATE INVESTMENT TRUST USD1
Weight (%)
4.25
Market Value ($)
3,772,469
Quantity
65,065
Security Name
Digital Realty Trust Inc REIT USD1
Weight (%)
3.73
Market Value ($)
3,313,793
Quantity
19,446
Security Name
Goodman Group REIT AUD NPV
Weight (%)
3.16
Market Value ($)
2,810,097
Quantity
130,289
Security Name
AvalonBay Communities Inc REAL ESTATE INVESTMENT TRUST USD.01
Weight (%)
3.10
Market Value ($)
2,751,762
Quantity
15,822
Security Name
Mitsui Fudosan Co Ltd ORD JPY NPV
Weight (%)
2.78
Market Value ($)
2,468,406
Quantity
237,064
Security Name
Ventas Inc REIT USD.25
Weight (%)
2.64
Market Value ($)
2,345,637
Quantity
31,788
Security Name
Extra Space Storage Inc REIT USD.01
Weight (%)
2.48
Market Value ($)
2,204,745
Quantity
16,510
Top Ten Holdings
Top Equity Issuers
Chart
Bar chart with 10 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 2.4917 to 8.6373.
0.0%2.0%4.0%6.0%8.0%10.0%
End of interactive chart.
| Fund | ||
|---|---|---|
| WELLTOWER INC | 8.64% | |
| PROLOGIS INC | 4.91% | |
| EQUINIX INC | 4.80% | |
| REALTY INCOME CORP | 4.13% | |
| DIGITAL REALTY TRUST INC | 3.43% | |
| AVALONBAY COMMUNITIES INC | 3.17% | |
| MITSUI FUDOSAN CO LTD | 3.07% | |
| VENTAS INC | 2.83% | |
| GOODMAN GROUP | 2.80% | |
| CAMDEN PROPERTY TRUST | 2.49% |
Pricing
Pricing History Chart
Since Inception Time Period
- 1 Month
- 3 Months
- 6 Months
- YTD
- 1 Year
- 3 Years
- 5 Years
- Since Inception
December 2025
Dec
2025
| SuSunday | MoMonday | TuTuesday | WeWednesday | ThThursday | FrFriday | SaSaturday |
|---|---|---|---|---|---|---|
December 2025
Dec
2025
| SuSunday | MoMonday | TuTuesday | WeWednesday | ThThursday | FrFriday | SaSaturday |
|---|---|---|---|---|---|---|
Share Prices
NAV
$13.61
NAV Change
$0.04
NAV Change (%)
0.29%
Highest / Lowest NAV
| Year | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Highest NAV | $14.16 As on 10/27/2025 | $14.50 As on 09/16/2024 | $13.45 As on 02/02/2023 | $16.21 As on 01/04/2022 | $16.27 As on 12/31/2021 | $14.72 As on 02/14/2020 | $14.03 As on 11/27/2019 | $12.67 As on 08/29/2018 | $12.55 As on 12/18/2017 | $12.79 As on 08/01/2016 |
| Lowest NAV | $11.73 As on 04/08/2025 | $11.91 As on 04/17/2024 | $10.64 As on 10/27/2023 | $10.70 As on 10/14/2022 | $12.48 As on 01/11/2021 | $8.55 As on 03/23/2020 | $11.32 As on 01/02/2019 | $11.29 As on 12/24/2018 | $11.28 As on 03/14/2017 | $10.35 As on 02/11/2016 |
Historical Data - Daily Fund Prices
1 Month Time Period
- 1 Month
- 3 Months
- 6 Months
- YTD
- 1 Year
- 3 Years
- 5 Years
- Since Inception
December 2025
Dec
2025
| SuSunday | MoMonday | TuTuesday | WeWednesday | ThThursday | FrFriday | SaSaturday |
|---|---|---|---|---|---|---|
December 2025
Dec
2025
| SuSunday | MoMonday | TuTuesday | WeWednesday | ThThursday | FrFriday | SaSaturday |
|---|---|---|---|---|---|---|
NAV
$13.61 (USD)
Highest NAV
$13.93 (USD)
Lowest NAV
$13.48 (USD)
Historical Pricing Results From 11/11/2025 To 12/11/2025
| Date | NAV | NAV Change | NAV Change (%) |
|---|---|---|---|
| 12/11/2025 | $13.61 | $0.04 | 0.29% |
| 12/10/2025 | $13.57 | $0.05 | 0.37% |
| 12/09/2025 | $13.52 | $-0.06 | -0.44% |
| 12/08/2025 | $13.58 | $-0.12 | -0.88% |
| 12/05/2025 | $13.70 | $0.00 | 0.00% |
| 12/04/2025 | $13.70 | $-0.06 | -0.44% |
| 12/03/2025 | $13.76 | $0.01 | 0.07% |
| 12/02/2025 | $13.75 | $-0.01 | -0.07% |
| 12/01/2025 | $13.76 | $-0.16 | -1.15% |
| 11/28/2025 | $13.92 | $0.06 | 0.43% |
| 11/27/2025 | $13.86 | $0.10 | 0.00% |
| 11/26/2025 | $13.86 | $0.10 | 0.73% |
| 11/25/2025 | $13.76 | $0.08 | 0.58% |
| 11/24/2025 | $13.68 | $0.04 | 0.29% |
| 11/21/2025 | $13.64 | $0.16 | 1.19% |
| 11/20/2025 | $13.48 | $-0.09 | -0.66% |
| 11/19/2025 | $13.57 | $-0.09 | -0.66% |
| 11/18/2025 | $13.66 | $0.00 | 0.00% |
| 11/17/2025 | $13.66 | $-0.08 | -0.58% |
| 11/14/2025 | $13.74 | $0.04 | 0.29% |
| 11/13/2025 | $13.70 | $-0.17 | -1.23% |
| 11/12/2025 | $13.87 | $-0.06 | -0.43% |
| 11/11/2025 | $13.93 | $0.13 | 0.94% |