Prospectus Supplement | November 30, 2016 |
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Putnam Global Sector Fund
Prospectus dated February 29, 2016
The sub-section Portfolio managers - Your fund’s management in the Fund Summary section is replaced in its entirety with the following:
Aaron Cooper, Chief Investment Officer – Equities, portfolio manager of the fund since 2011
Samuel Cox, Co-Director of Equity Research, portfolio manager of the fund since 2016
Kathryn Lakin, Co-Director of Equity Research, portfolio manager of the fund since 2016
The following replaces similar disclosure under the sub-section The fund’s investment manager – Portfolio managers in the section Who oversees and manages the fund?:
Portfolio | Joined | ||
managers | fund | Employer | Positions over past five years |
| |||
Chief Investment Officer - Equities | |||
Putnam Management | Previously, Director, Global Equity | ||
2011–Present | Research | ||
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Fidelity Investments | |||
Aaron Cooper | 2011 | 2007–2011 | Managing Director of Research |
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Putnam Management | Co-Director of Equity Research | ||
2014–Present | Previously, Analyst | ||
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Fidelity Institutional | |||
Management (f/k/a | |||
Pyramis Global Advisors) | |||
Samuel Cox | 2016 | 2010–2014 | Equity Analyst |
| |||
Co-Director of Equity Research | |||
Putnam Management | Previously, Assistant Director, Global | ||
2012–Present | Equity Research | ||
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Fidelity Investments | |||
Kathryn Lakin | 2016 | 2008–2012 | Analyst |
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The SAI provides information about these individuals’ compensation, other accounts managed by these individuals and these individuals’ ownership of securities in the fund.
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