Sustainable, Responsible &/or ESG Policy:

Objectives and Investment Policy

FTF Franklin US Opportunities Fund (the “Fund”) aims to increase in value through investment growth over periods of five years or more after all fees and costs are deducted. 
There is no guarantee that the Fund will achieve its objective over this or any other time period. Capital invested is at risk and you may get back less than you paid in.

Core investment

The Fund invests at least two thirds (but typically significantly more) in the shares of companies of any size, listed on the United States' stock markets.

Other investments

The Fund may also invest in:

• convertible bonds (a type of corporate bond which can be exchanged for shares in the same organisation);
• other types of transferable securities;
• cash and cash equivalents;
• money market instruments; and
• other collective investment schemes (which may include collective investment schemes operated by the ACD or any of its associates). The Fund may not invest more than 10% in other collective investment schemes.

The Fund can use derivatives for efficient portfolio management (managing the fund in a way that is designed to reduce risk or cost and/or generate extra income or growth). Derivatives are financial contracts whose value is linked to the price of another asset (e.g. indices, interest rates, share prices or currencies).

Geographic locations (where we invest)

The Fund's focus is the US. The majority of the Fund's investments will be in shares in companies listed in the US, although the Investment Manager has discretion to invest in any other country to a lesser extent.

How we select investments (investment strategy)

This Fund is actively managed, which means that the Investment Manager does not copy a benchmark when selecting investments for the Fund.
The Investment Manager focuses on those stocks that it believes have the potential to grow faster than the US economy. Typically, these types of companies do not pay a dividend and instead reinvest any earnings to aid future growth. In assessing potential investments, the Investment Manager evaluates the companies for the above characteristics and assesses a company's value by looking at a wide range of financial and economic factors at the level of the relevant company, its sector and the broader economy (a fundamental approach). The Investment Manager may focus on sectors, such as technology, that have exceptional growth potential and fast-growing, innovative companies within these sectors.
Within each sector, the Investment Manager can invest in any industry but normally try to keep investment in any specific industry to no more than 25% of the portfolio.

ESG (environmental, social, and governance) factors

The Investment Manager integrates financial and non-financial considerations in its assessment of a prospective investment. In selecting the Fund's investments, the Investment Manager assesses prospective investments against various ESG factors, depending on the sector of the investee company. These ESG factors are used to inform the Investment Manager's wider assessment of the value and financial attractiveness of each potential investment and exposures are adjusted accordingly. The Investment Manager may exclude investments depending on their assessment of ESG factors. In addition, the Investment Manager applies automatic exclusions for investments in certain sectors or which fail certain international standards. For more detailed information about how the Investment Manager considers ESG, and a list of exclusions, please see the Fund's 'UK SDR: Consumer Facing Disclosures' available at www.franklintempleton.co.uk/CFD_13086 and the investment objective and policy in the prospectus, available at www.franklintempleton.co.uk/ftfdocuments in the "Additional Documents" tab.

(Source: KIID, as at October 2025)

SDR Labelling:

Unlabelled - promotes sustainable characteristics (has CFD)

SDR Literature:

• Consumer Facing Disclosure