Morningstar

Franklin Growth Opportunities Fund Advisor Class FRAAX

Medalist Rating as of Apr 25, 2026 See Franklin Templeton Investment Hub

Will FRAAX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

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Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FRAAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar

The People Pillar is our evaluation of the FRAAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar

The Parent Pillar is our rating of FRAAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Incremental process adjustments, but key challenges persist.

Senior Analyst Kongkon Gogoi

Kongkon Gogoi

Senior Analyst

Summary

While recent developments have modestly strengthened the team structure, they do not materially alter the long-standing concerns around Franklin US Opportunities’ ability to generate consistent alpha over the Morningstar US Large-Mid Cap Broad Growth Index in the long run.

by Kongkon Gogoi

Rated on Apr 25, 2026 Published on Apr 25, 2026

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