Franklin Small-Mid Cap Growth is trending in the right direction under new management but is far from a finished product. Its five share classes all net a Morningstar Analyst Rating of Neutral.
Will FSMRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FSMRX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FSMRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of FSMRX’s parent organization’s priorities and whether they’re in line with investors’ interests.