0001379491-19-000035.txt : 20190108 0001379491-19-000035.hdr.sgml : 20190108 20190108125725 ACCESSION NUMBER: 0001379491-19-000035 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 16 FILED AS OF DATE: 20190108 DATE AS OF CHANGE: 20190108 EFFECTIVENESS DATE: 20190108 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TEMPLETON GLOBAL SMALLER COMPANIES FUND CENTRAL INDEX KEY: 0000350900 IRS NUMBER: 592098933 STATE OF INCORPORATION: DE FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 002-70889 FILM NUMBER: 19515315 BUSINESS ADDRESS: STREET 1: 300 S.E. 2ND STREET CITY: FORT LAUDERDALE STATE: FL ZIP: 33301-1923 BUSINESS PHONE: 9545277500 MAIL ADDRESS: STREET 1: 300 S.E. 2ND STREET CITY: FORT LAUDERDALE STATE: FL ZIP: 33301-1923 FORMER COMPANY: FORMER CONFORMED NAME: TEMPLETON GLOBAL SMALLER COMPANIES FUND INC DATE OF NAME CHANGE: 19961112 FORMER COMPANY: FORMER CONFORMED NAME: TEMPLETON SMALLER COMPANIES GROWTH FUND INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: TEMPLETON GLOBAL FUNDS INC DATE OF NAME CHANGE: 19910115 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TEMPLETON GLOBAL SMALLER COMPANIES FUND CENTRAL INDEX KEY: 0000350900 IRS NUMBER: 592098933 STATE OF INCORPORATION: DE FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-03143 FILM NUMBER: 19515314 BUSINESS ADDRESS: STREET 1: 300 S.E. 2ND STREET CITY: FORT LAUDERDALE STATE: FL ZIP: 33301-1923 BUSINESS PHONE: 9545277500 MAIL ADDRESS: STREET 1: 300 S.E. 2ND STREET CITY: FORT LAUDERDALE STATE: FL ZIP: 33301-1923 FORMER COMPANY: FORMER CONFORMED NAME: TEMPLETON GLOBAL SMALLER COMPANIES FUND INC DATE OF NAME CHANGE: 19961112 FORMER COMPANY: FORMER CONFORMED NAME: TEMPLETON SMALLER COMPANIES GROWTH FUND INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: TEMPLETON GLOBAL FUNDS INC DATE OF NAME CHANGE: 19910115 0000350900 S000008758 Templeton Global Smaller Companies Fund C000023841 Class A TEMGX C000023842 Class C TESGX C000023843 Advisor Class TGSAX C000128753 Class R6 FBOGX 485BPOS 1 filing1972.htm PRIMARY DOCUMENT

File Nos. 002-70889 and 811-03143

 

As filed with the Securities and Exchange Commission on January 8, 2019

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM N-1A

 

 

 

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

 

[X]

 

 

 

 

 

Pre-Effective Amendment No.

 

 

 

 

 

 

 

 

 

Post-Effective Amendment No.

  63

 

[X]

 

 

 

 

 

 

 

and/or

 

 

 

 

 

 

 

 

 

REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940

 

[X]

 

 

 

 

 

 

 

Amendment No.

  64

 

[X]

 

 

 

 

 

 

Templeton Global Smaller Companies Fund

(Exact Name of Registrant as Specified in Charter)

 

300 S.E. 2nd Street, Fort Lauderdale, Florida 33301-1923

(Address of Principal Executive Offices) (Zip Code)

 

(954) 527-7500

(Registrant's Telephone Number, Including Area Code)

 

Craig S. Tyle, One Franklin Parkway, San Mateo, CA 94403-1906

(Name and Address of Agent for Service of Process)

 

It is proposed that this filing will become effective (check appropriate box)

 

[X]

immediately upon filing pursuant to paragraph (b)

 

 

[ ]

on (date) pursuant to paragraph (b)

 

 

[ ]

60 days after filing pursuant to paragraph (a)(i)

 

 

[ ]

on (date) pursuant to paragraph (a)(i)

 

 

[ ]

75 days after filing pursuant to paragraph (a)(ii)

 

 

[ ]

on (date) pursuant to paragraph (a)(ii) of rule 485

 

If appropriate, check the following box:

 

[ ]

This post-effective amendment designates a new effective date for a previously filed post-effective amendment.

             

 

 

 


 

SIGNATURES

 

Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets all the requirements for effectiveness of the Registration Statement pursuant to Rule 485(b) under the Securities Act of 1933, and has duly caused this Amendment to the Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized in the City of Fort Lauderdale and the State of Florida, on the 7th day of January, 2019.

 

TEMPLETON GLOBAL SMALLER COMPANIES FUND

(Registrant)

 

 

 

By: /s/ LORI A. WEBER__________

  Lori A. Weber,

  Vice President and Secretary

 

 

Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed below by the following persons in the capacities and on the dates indicated:

 

 

Signature

 

Title

 

Date

 

 

 

 

 

 

 

 

 

 

NORMAN J. BOERSMA*

 

 

 

 

Norman J. Boersma

 

President and Chief Executive Officer – Investment Management

 

January 7, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

MATTHEW T. HINKLE*

 

 

 

 

Matthew T. Hinkle

 

Chief Executive Officer – Finance and Administration

 

January 7, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Robert G. Kubilis*

 

 

 

 

Robert G. Kubilis

 

Chief Financial Officer and Chief Accounting Officer

 

January 7, 2019

 

 

 

 

 

 

 

 

 

 

HARRIS J. ASHTON*

 

 

 

 

Harris J. Ashton

 

Trustee

 

January 7, 2019

 

 

 

 

 

 

 

 

 

 

ANN TORRE BATES*

 

 

 

 

Ann Torre Bates

 

Trustee

 

January 7, 2019

 

 

 

 

 

 

 

 

 

 

MARY C. CHOKSI*

 

 

 

 

Mary C. Choksi

 

Trustee

 

January 7, 2019

 

 

 

 

 

 

 

 

 

 

EDITH E. HOLIDAY*

 

 

 

 

Edith E. Holiday

 

Trustee

 

January 7, 2019

 

 

 

 

 

 

 

 

 

 

GREGORY E. JOHNSON*

 

 

 

 

Gregory E. Johnson

 

Trustee

 

January 7, 2019

 

 

 

 

 

 

 

 

 

 

RUPERT H. JOHNSON, JR.*

 

 

 

 

Rupert H. Johnson, Jr.

 

Trustee

 

January 7, 2019

 

 

 

 

 

 

 

 

 

 

J. MICHAEL LUTTIG*

 

 

 

 

J. Michael Luttig

 

Trustee

 

January 7, 2019

 

 

 

 

 

 

 

 

 

 

DAVID W. NIEMIEC*

 

 

 

 

David W. Niemiec

 

Trustee

 

January 7, 2019

 

 

 

 

 

 

 

 

 

 

LARRY D. THOMPSON*

 

 

 

 

Larry D. Thompson

 

Trustee

 

January 7, 2019

 

 

 

 

 

 

 

 

 

 

CONSTANTINE D. TSERETOPOULOS*

 

 

 

 

Constantine D. Tseretopoulos

 

Trustee

 

January 7, 2019

 

 

 

 

 

ROBERT E. WADE*

 

 

 

 

Robert E. Wade

 

Trustee

 

January 7, 2019


 

 

 

 

 

 

 

* By: /s/ LORI A. WEBER__________

    Lori A. Weber

    Attorney-in-Fact

   (Pursuant to Power of Attorney previously filed)


 

 

EXHIBIT INDEX

 

 

 

Index No.

Description of Exhibit

 

 

EX-101.INS

XBRL Instance Document

 

 

EX-101.SCH

XBRL Taxonomy Extension Schema Document

 

 

EX-101.DEF

XBRL Taxonomy Extension Definition Linkbase

 

 

EX-101.LAB

XBRL Taxonomy Extension Labels Linkbase

 

 

EX-101.PRE

XBRL Taxonomy Extension Presentation Linkbase

 

EX-101.SCH 3 tgscf-20190108.xsd EX-101.SCH 000000 - Document - Document and Entity Information {Elements} link:presentationLinklink:calculationLinklink:definitionLink 000001 - Document - Risk/Return Summary {Unlabeled} - Templeton Global Smaller Companies Fund link:presentationLinklink:calculationLinklink:definitionLink 000002 - Schedule - Shareholder Fees {- Templeton Global Smaller Companies Fund} link:presentationLinklink:calculationLinklink:definitionLink 000003 - Schedule - Annual Operating Expenses {- Templeton Global Smaller Companies Fund} link:presentationLinklink:calculationLinklink:definitionLink 000004 - Schedule - Expense Example {- Templeton Global Smaller Companies Fund} link:presentationLinklink:calculationLinklink:definitionLink 000005 - Schedule - Expense Example, No Redemption {- Templeton Global Smaller Companies Fund} link:presentationLinklink:calculationLinklink:definitionLink 000006 - Schedule - Annual Total Returns - Templeton Global Smaller Companies Fund [BarChart] link:presentationLinklink:calculationLinklink:definitionLink 000007 - Schedule - Average Annual Total Returns {Transposed} {- Templeton Global Smaller Companies Fund} link:presentationLinklink:calculationLinklink:definitionLink 000008 - Document - Risk/Return Detail {Unlabeled} - Templeton Global Smaller Companies Fund link:presentationLinklink:calculationLinklink:definitionLink 000009 - Disclosure - Risk/Return Detail Data {Elements} - Templeton Global Smaller Companies Fund link:presentationLinklink:calculationLinklink:definitionLink EX-101.DEF 4 tgscf-20190108_def.xml EX-101.DEF EX-101.INS 5 tgscf-20190108.xml EX-101.INS 00003509002019-01-012019-01-010000350900tgscf:S000008758Membertgscf:TempletonGlobalSmallerCompaniesFund17Member2019-01-012019-01-010000350900tgscf:S000008758Membertgscf:TempletonGlobalSmallerCompaniesFund17Membertgscf:C000023841Member2019-01-012019-01-010000350900tgscf:S000008758Membertgscf:TempletonGlobalSmallerCompaniesFund17Membertgscf:C000023842Member2019-01-012019-01-010000350900tgscf:S000008758Membertgscf:TempletonGlobalSmallerCompaniesFund17Membertgscf:C000128753Member2019-01-012019-01-010000350900tgscf:S000008758Membertgscf:TempletonGlobalSmallerCompaniesFund17Membertgscf:C000023843Member2019-01-012019-01-010000350900tgscf:S000008758Membertgscf:TempletonGlobalSmallerCompaniesFund17Membertgscf:ReturnBeforeTaxesMembertgscf:C000023841Member2019-01-012019-01-010000350900tgscf:S000008758Membertgscf:TempletonGlobalSmallerCompaniesFund17Memberrr:AfterTaxesOnDistributionsMembertgscf:C000023841Member2019-01-012019-01-010000350900tgscf:S000008758Membertgscf:TempletonGlobalSmallerCompaniesFund17Memberrr:AfterTaxesOnDistributionsAndSalesMembertgscf:C000023841Member2019-01-012019-01-010000350900tgscf:S000008758Membertgscf:TempletonGlobalSmallerCompaniesFund17Membertgscf:ReturnBeforeTaxesMembertgscf:C000023842Member2019-01-012019-01-010000350900tgscf:S000008758Membertgscf:TempletonGlobalSmallerCompaniesFund17Membertgscf:ReturnBeforeTaxesMembertgscf:C000128753Member2019-01-012019-01-010000350900tgscf:S000008758Membertgscf:TempletonGlobalSmallerCompaniesFund17Membertgscf:ReturnBeforeTaxesMembertgscf:C000023843Member2019-01-012019-01-010000350900tgscf:S000008758Membertgscf:TempletonGlobalSmallerCompaniesFund17Membertgscf:IndexBM5226Member2019-01-012019-01-01 iso4217:USD xbrli:pure xbrli:shares iso4217:USD xbrli:shares 0000350900TEMPLETON GLOBAL SMALLER COMPANIES FUND485BPOS2018-12-272019-01-012018-08-31falseN-1A2019-01-01Fund SummaryInvestment GoalLong-term capital growth.Fees and Expenses of the FundYou may qualify for sales charge discounts in Class A if you and your family invest, or agree to invest in the future, at least $50,000 in Franklin Templeton funds.50000<div><p>These tables describe the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts in Class A if you and your family invest, or agree to invest in the future, at least $50,000 in Franklin Templeton funds. More information about these and other discounts is available from your financial professional and under &#147;Your Account&#148; on page 28 in the Fund's Prospectus and under &#147;Buying and Selling Shares&#148; on page 54 of the Fund&#146;s Statement of Additional Information. In addition, more information about sales charge discounts and waivers for purchases of shares through specific financial intermediaries is set forth in Appendix A - "Intermediary Sales Charge Discounts and Waivers" to the Fund's prospectus.</p><p>Please note that the tables and examples below do not reflect any transaction fees that may be charged by financial intermediaries, or commissions that a shareholder may be required to pay directly to its financial intermediary when buying or selling Class R6 or Advisor Class shares.</p></div>Shareholder Fees (fees paid directly from your investment)~ http://www.proofPlus.com/role/ShareholderFeesS000008758_TempletonGlobalSmallerCompaniesFund17 column period compact * ~0.05500.000.000.000.000.01000.000.00<div><p>Annual Fund Operating Expenses</p><p>(expenses that you pay each year as a percentage of the value of your investment)</p></div>~ http://www.proofPlus.com/role/OperatingExpensesS000008758_TempletonGlobalSmallerCompaniesFund17 column period compact * ~0.00860.00860.00860.00860.00250.01000.000.000.00210.00210.00090.00210.00010.00010.00010.00010.01330.02080.00960.0108ExampleThis Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of the period. The Example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same. The Example reflects adjustments made to the Fund's operating expenses due to the fee waivers and/or expense reimbursements by management for the 1 Year numbers only. Although your actual costs may be higher or lower, based on these assumptions your costs would be:67894812392063~ http://www.proofPlus.com/role/ExpenseExampleS000008758_TempletonGlobalSmallerCompaniesFund17 column period compact * ~311652111924109830653111781103435951317If you do not sell your shares:~ http://www.proofPlus.com/role/ExpenseExampleNoRedemptionS000008758_TempletonGlobalSmallerCompaniesFund17 column period compact * ~21165211192410Portfolio Turnover0.3261<div><p>The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 32.61% of the average value of its portfolio.</p></div>Principal Investment Strategies<div><p>Under normal market conditions, the Fund invests at least 80% of its net assets in securities of smaller companies located anywhere in the world. The Fund defines smaller companies as companies with market capitalizations (the total market value of a company's outstanding stock) not exceeding the highest market capitalization in the Fund's benchmark, at the time of purchase. As of November 30, 2018 (the date of the last reconstitution of the benchmark), the largest company in the MSCI All Country World Small Cap Index had a market capitalization of $12.5 billion.</p><p>The securities in which the Fund invests are primarily common stocks. The Fund may invest a significant amount of its assets in the securities of companies located in emerging markets. The Fund will invest its assets in issuers located in at least three different countries (including the United States) and will invest at least 40% of its net assets in foreign securities.</p><p>When choosing equity investments for the Fund, the investment manager applies a &#147;bottom-up,&#148; value-oriented, long-term approach, focusing on the market price of a company&#146;s securities relative to the investment manager&#146;s evaluation of the company&#146;s long-term earnings, asset value and cash flow potential. The investment manager also considers a company&#146;s price/earnings ratio, profit margins and liquidation value.</p><p>The investment manager may consider selling a security when it believes the security has become overvalued due to either its price appreciation or changes in the company's fundamentals, when the investment manager believes that the market capitalization of a security has become too large, or when the investment manager believes another security is a more attractive investment opportunity.</p></div>Principal Risks<div><p>You could lose money by investing in the Fund. Mutual fund shares are not deposits or obligations of, or guaranteed or endorsed by, any bank, and are not insured by the Federal Deposit Insurance Corporation, the Federal Reserve Board, or any other agency of the U.S. government.</p><p>Market</p><p>The market values of securities or other investments owned by the Fund will go up or down, sometimes rapidly or unpredictably. The market value of a security or other investment may be reduced by market activity or other results of supply and demand unrelated to the issuer. This is a basic risk associated with all investments. When there are more sellers than buyers, prices tend to fall. Likewise, when there are more buyers than sellers, prices tend to rise.</p><p>Stock prices tend to go up and down more dramatically than those of debt securities. A slower-growth or recessionary economic environment could have an adverse effect on the prices of the various stocks held by the Fund.</p><p>Smaller Companies</p><p>Securities issued by smaller companies may be more volatile in price than those of larger companies, involve substantial risks and should be considered speculative. Such risks may include greater sensitivity to economic conditions, less certain growth prospects, lack of depth of management and funds for growth and development and limited or less developed product lines and markets. In addition, smaller companies may be particularly affected by interest rate increases, as they may find it more difficult to borrow money to continue or expand operations, or may have difficulty in repaying any loans.</p><p>Liquidity</p><p>From time to time, the trading market for a particular security or type of security or other investments in which the Fund invests may become less liquid or even illiquid. Reduced liquidity will have an adverse impact on the Fund&#146;s ability to sell such securities or other investments when necessary to meet the Fund&#146;s liquidity needs, which may arise or increase in response to a specific economic event or because the investment manager wishes to purchase particular investments or believes that a higher level of liquidity would be advantageous. Reduced liquidity will also generally lower the value of such securities or other investments. Market prices for such securities or other investments may be relatively volatile.</p><p>Foreign Securities (non-U.S.)</p><p>Investing in foreign securities typically involves more risks than investing in U.S. securities, and includes risks associated with: (i) internal and external political and economic developments &#150; e.g., the political, economic and social policies and structures of some foreign countries may be less stable and more volatile than those in the U.S. or some foreign countries may be subject to trading restrictions or economic sanctions; (ii) trading practices &#150; e.g., government supervision and regulation of foreign securities and currency markets, trading systems and brokers may be less than in the U.S.; (iii) availability of information &#150; e.g., foreign issuers may not be subject to the same disclosure, accounting and financial reporting standards and practices as U.S. issuers; (iv) limited markets &#150; e.g., the securities of certain foreign issuers may be less liquid (harder to sell) and more volatile; and (v) currency exchange rate fluctuations and policies. The risks of foreign investments may be greater in developing or emerging market countries.</p><p>Regional Focus</p><p>Because the Fund may invest at least a significant portion of its assets in companies in a specific region, including Europe, the Fund is subject to greater risks of adverse developments in that region and/or the surrounding regions than a fund that is more broadly diversified geographically. Political, social or economic disruptions in the region, even in countries in which the Fund is not invested, may adversely affect the value of investments held by the Fund. Current political uncertainty surrounding the European Union (EU) and its membership, including the 2016 referendum in which the United Kingdom voted to exit the EU, may increase market volatility. The financial instability of some countries in the EU together with the risk of such instability impacting other more stable countries may increase the economic risk of investing in companies in Europe.</p><p>Emerging Market Countries</p><p>The Fund&#146;s investments in emerging market countries are subject to all of the risks of foreign investing generally, and have additional heightened risks due to a lack of established legal, political, business and social frameworks to support securities markets, including: delays in settling portfolio securities transactions; currency and capital controls; greater sensitivity to interest rate changes; pervasiveness of corruption and crime; currency exchange rate volatility; and inflation, deflation or currency devaluation.</p><p>Value Style Investing</p><p>A value stock may not increase in price as anticipated by the investment manager if other investors fail to recognize the company's value and bid up the price, the markets favor faster-growing companies, or the factors that the investment manager believes will increase the price of the security do not occur.</p><p>Management</p><p>The Fund is subject to management risk because it is an actively managed investment portfolio. The Fund's investment manager applies investment techniques and risk analyses in making investment decisions for the Fund, but there can be no guarantee that these decisions will produce the desired results.</p></div>Performancefranklintempleton.com(800) DIAL BEN/342-5236The Fund's past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.The following bar chart and table provide some indication of the risks of investing in the Fund. The bar chart shows changes in the Fund's performance from year to year for Class A shares. The table shows how the Fund's average annual returns for 1 year, 5 years, 10 years or since inception, as applicable, compared with those of a broad measure of market performance.Sales charges are not reflected in the bar chart, and if those charges were included, returns would be less than those shown.<div><p>The following bar chart and table provide some indication of the risks of investing in the Fund. The bar chart shows changes in the Fund's performance from year to year for Class A shares. The table shows how the Fund's average annual returns for 1 year, 5 years, 10 years or since inception, as applicable, compared with those of a broad measure of market performance. The Fund's past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. You can obtain updated performance information at franklintempleton.com or by calling (800) DIAL BEN/342-5236.</p><p>Sales charges are not reflected in the bar chart, and if those charges were included, returns would be less than those shown.</p></div>Class A Annual Total Returns-0.50280.70630.2630-0.20680.18870.3220-0.0325-0.06990.10240.2572~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000008758_TempletonGlobalSmallerCompaniesFund17 column period compact * ~Best Quarter:2009-06-300.4019Worst Quarter:2008-12-31-0.3218As of September 30, 2018, the Fund's year-to-date return was -2.75%.<table style="font: 11px sans-serif; background-color:#DDDDDD" border="0" cellspacing="0" cellpadding="5" width="745"><tr><td style="border-bottom: 2px solid #ffffff;" valign="top">Best Quarter:</td><td style="border-bottom: 2px solid #ffffff;" valign="bottom" align="right">Q2'09</td><td style="border-bottom: 2px solid #ffffff;" valign="bottom" align="right">40.19%</td></tr><tr><td style="border-bottom: 2px solid #ffffff;" valign="top">Worst Quarter:</td><td style="border-bottom: 2px solid #ffffff;" valign="bottom" align="right">Q4'08</td><td style="border-bottom: 2px solid #ffffff;" valign="bottom" align="right">-32.18%</td></tr><tr><td style="border-bottom: 2px solid #ffffff;" valign="top" colspan="3">As of September 30, 2018, the Fund's year-to-date return was -2.75%.</td></tr></table><div><p>Average Annual Total Returns<br/>(figures reflect sales charges)</p><p>For the periods ended December 31, 2017</p></div>~ http://www.proofPlus.com/role/AverageAnnualTotalReturnsS000008758_TempletonGlobalSmallerCompaniesFund17 column period compact * ~Return Before TaxesTempleton Global Smaller Companies Fund0.18810.09270.0465Return After Taxes on DistributionsTempleton Global Smaller Companies Fund0.17770.09020.0431Return After Taxes on Distributions and Sale of Fund SharesTempleton Global Smaller Companies Fund0.11710.07410.03720.23760.09700.04460.26300.09920.26120.10820.05500.24320.12830.0767<div><p>The figures in the average annual total returns table above reflect the Class A maximum front-end sales charge of 5.50%. Prior to September 10, 2018, Class A shares were subject to a maximum front-end sales charge of 5.75%. If the prior maximum front-end sales charge of 5.75% was reflected, performance for Class A in the average annual total returns table would be lower.</p><p>The after-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. After-tax returns are shown only for Class A and after-tax returns for other classes will vary.</p></div>The transfer agent has contractually agreed to cap transfer agency fees for Class R6 shares of the Fund so that transfer agency fees for that class do not exceed 0.03% until December 31, 2019. Contractual fee waiver and/or expense reimbursement agreements may not be changed or terminated during the time period set forth above.Since inception May 1, 2013.There is a 1% contingent deferred sales charge that applies to investments of $1 million or more (see "Investments of $1 Million or More" under "Choosing a Share Class") and purchases by certain retirement plans without an initial sales charge on shares sold within 18 months of purchase.Other expenses of the Fund have been restated to exclude non-recurring prior period expenses and for Class R6 shares, to reflect current fiscal year expenses. If the prior period's non-recurring expenses were included in the table above, the amounts stated would have been greater. Consequently, the total annual Fund operating expenses differ from the ratio of expenses to average net assets shown in the Financial Highlights.Total annual Fund operating expenses differ from the ratio of expenses to average net assets shown in the Financial Highlights, which reflect the operating expenses of the Fund and do not include acquired fund fees and expenses.Effective October 5, 2018, Class C shares of the Fund convert automatically to Class A shares of the Fund on a monthly basis in the month of, or the month following, the 10-year anniversary of the Class C shares’ purchase date. Such conversions are on the basis of the relative net asset values of the two classes, are not subject to Class A shares’ sales charges and are not expected to be a taxable event for federal income tax purposes. Certain shares that are invested through retirement plans, omnibus accounts or in certain other instances may not automatically convert if the financial intermediary does not have the ability to track purchases to credit individual shareholders’ holding periods. (See “Your Account – Choosing a Shares Class – Sales Charges - Class C – Automatic Conversion of Class C Shares to Class A Shares After 10-Year Holding Period” for more information.) EX-101.PRE 6 tgscf-20190108_pre.xml EX-101.PRE EX-101.LAB 7 tgscf-20190108_lab.xml EX-101.LAB Prospectus: Risk/Return: Document Type Document Period End Date Registrant Name Central Index Key Amendment Flag Amendment Description Trading Symbol Document Creation Date Document Effective Date Investment Company Type Prospectus Date Document [Axis] Prospectus Performance Measure [Axis] Before Taxes Series [Axis] Series Share Class [Axis] Share Classes Risk/Return [Heading] Objective [Heading] Objective, Primary [Text Block] Objective, Secondary [Text Block] Expense [Heading] Expense Narrative [Text Block] Shareholder Fees Caption [Text] Shareholder Fees [Table] Operating Expenses Caption [Text] Annual Fund Operating Expenses [Table] Expense Footnotes [Text Block] Expenses Deferred Charges [Text Block] Expenses Range of Exchange Fees [Text Block] Expense Example [Heading] Expense Example by Year [Heading] Expense Example Narrative [Text Block] Expense Example by, Year, Caption [Text] Expense Example, With Redemption [Table] Expense Example, No Redemption Narrative [Text Block] Expense Example, No Redemption, By Year, Caption [Text] Expense Example, No Redemption [Table] Expense Example Footnotes [Text Block] Expense Example Closing [Text Block] Portfolio Turnover [Heading] Portfolio Turnover [Text Block] Strategy [Heading] Strategy Narrative [Text Block] Risk [Heading] Risk Narrative [Text Block] Risk Footnotes [Text Block] Risk Closing [Text Block] Bar Chart and Performance Table [Heading] Performance Narrative [Text Block] Bar Chart Narrative [Text Block] Bar Chart [Heading] Bar Chart [Table] Bar Chart Footnotes [Text Block] Bar Chart Closing [Text Block] Performance Table Heading Performance Table Narrative Performance [Table] Market Index Performance [Table] Performance Table Footnotes Performance Table Closing [Text Block] Supplement to Prospectus [Text Block] Shareholder Fees: Shareholder Fees Column [Text] Operating Expenses: Operating Expenses Column [Text] Expense Example: Expense Example, By Year, Column [Text] Column Expense Example, No Redemption: Expense Example, No Redemption, By Year, Column [Text] Column Bar Chart Table: Annual Return Caption [Text] Caption Annual Return, Column [Text] Column Annual Return, Inception Date Inception Date Annual Return 1990 Annual Return 1991 Annual Return 1992 Annual Return 1993 Annual Return 1994 Annual Return 1995 Annual Return 1996 Annual Return 1997 Annual Return 1998 Annual Return 1999 Annual Return 2000 Annual Return 2001 Annual Return 2002 Average Annual Return: Since Inception Inception Date Risk/Return Detail [Table] Fee Waiver or Reimbursement over Assets, Date of Termination Portfolio Turnover, Rate Expense Breakpoint Discounts [Text] Expense Breakpoint, Minimum Investment Required [Amount] Expense Exchange Traded Fund Commissions [Text] Expenses Represent Both Master and Feeder [Text] Expenses Explanation of Nonrecurring Account Fee [Text] Other Expenses, New Fund, Based on Estimates [Text] Acquired Fund Fees and Expenses, Based on Estimates [Text] Expenses Other Expenses Had Extraordinary Expenses Been Included [Text] Expenses Restated to Reflect Current [Text] Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] Strategy Portfolio Concentration [Text] Risk Lose Money [Text] Risk Nondiversified Status [Text] Risk Money Market Fund [Text] Risk Money Market Fund Price Fluctuates [Text] Risk Money Market Fund May Impose Fees or Suspend Sales [Text] Risk Money Market Fund Sponsor May Not Provide Support [Text] Risk Money Market Fund May Not Preserve Dollar [Text] Risk Not Insured [Text] Risk Not Insured Depository Institution [Text] Risk Caption Risk Column [Text] Risk [Text] Performance Information Illustrates Variability of Returns [Text] Performance One Year or Less [Text] Performance Additional Market Index [Text] Performance Availability Phone [Text] Performance Availability Website Address [Text] Performance Past Does Not Indicate Future [Text] Bar Chart Does Not Reflect Sales Loads [Text] Bar Chart, Reason Selected Class Different from Immediately Preceding Period [Text] Bar Chart, Returns for Class Not Offered in Prospectus [Text] Year to Date Return, Label Bar Chart, Year to Date Return, Date Bar Chart, Year to Date Return Highest Quarterly Return, Label Label Highest Quarterly Return, Date Highest Quarterly Return Lowest Quarterly Return, Label Label Lowest Quarterly Return, Date Lowest Quarterly Return Performance Table Does Reflect Sales Loads Performance Table Market Index Changed Index No Deduction for Fees, Expenses, Taxes [Text] Performance Table Uses Highest Federal Rate Performance Table Not Relevant to Tax Deferred Performance Table One Class of after Tax Shown [Text] Performance Table Explanation after Tax Higher Performance Table Footnotes, Reason Performance Information for Class Different from Immediately Preceding Period [Text] Caption Column Label Money Market Seven Day Yield, Caption [Text] Money Market Seven Day Yield Column [Text] Money Market Seven Day Yield Phone Money Market Seven Day Yield Money Market Seven Day Tax Equivalent Yield Thirty Day Yield Caption Thirty Day Yield Column [Text] Thirty Day Yield Phone Thirty Day Yield Thirty Day Tax Equivalent Yield 1 year Expense Example, with Redemption, 1 Year 3 years Expense Example, with Redemption, 3 Years 5 years Expense Example, with Redemption, 5 Years 10 years Expense Example, with Redemption, 10 Years Expense Example, No Redemption, 1 Year 1 Year Expense Example, No Redemption, 3 Years 3 Years Expense Example, No Redemption, 5 Years 5 Years Expense Example, No Redemption, 10 Years 10 Years Annual Return 2003 2003 Annual Return 2004 2004 Annual Return 2005 2005 Annual Return 2006 2006 Annual Return 2007 2007 Annual Return 2008 2008 Annual Return 2009 2009 Annual Return 2010 2010 Annual Return 2011 2011 Annual Return 2012 2012 Annual Return 2013 2013 Annual Return 2014 2014 Annual Return 2015 2015 Annual Return 2016 2016 Annual Return 2017 2017 Annual Return 2018 2018 Annual Return 2019 2019 Annual Return 2020 2020 Annual Return 2021 2021 Annual Return 2022 2022 Annual Return 2023 2023 Annual Return 2024 2024 Annual Return 2025 2025 Past 1 year 1 Year Past 5 years 5 Years Past 10 years 10 Years Past 15 years 15 Years Templeton Global Smaller Companies Fund-17 Templeton Global Smaller Companies Fund-17 Templeton Global Smaller Companies Fund Templeton Global Smaller Companies Fund Templeton Global Smaller Companies Fund Templeton Global Smaller Companies Fund Class A Class A Class A Templeton Global Smaller Companies Fund Class C Class C Class C Templeton Global Smaller Companies Fund Class R6 Class R6 Class R6 Templeton Global Smaller Companies Fund Advisor Class Advisor Class Advisor Class MSCI All Country World Small Cap Index (index reflects no deduction for fees, expenses or taxes) MSCI All Country World Small Cap Index (index reflects no deduction for fees, expenses or taxes) MSCI All Country World Small Cap Index (index reflects no deduction for fees, expenses or taxes) Maximum Sales Charge (Load) Imposed on Purchases (as percentage of offering price) Maximum Sales Charge (Load) Imposed on Purchases (as percentage of offering price) Maximum Deferred Sales Charge (Load) (as percentage of the lower of original purchase price or sale proceeds) Maximum Deferred Sales Charge (Load) (as percentage of the lower of original purchase price or sale proceeds) Management fees Management fees Distribution and service (12b-1) fees Distribution and service (12b-1) fees Other expenses Other expenses Acquired fund fees and expenses Acquired fund fees and expenses Total annual Fund operating expenses Total annual Fund operating expenses Return Before Taxes After Taxes on Distributions After Taxes on Distributions and Sales FeeWaiverOrReimbursementOverAssets RedemptionFee RedemptionFee RedemptionFeeOverRedemption RedemptionFeeOverRedemption EX-101.CAL 8 tgscf-20190108_cal.xml EX-101.CAL XML 9 R1.htm IDEA: XBRL DOCUMENT v3.10.0.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Document Type dei_DocumentType 485BPOS
Document Period End Date dei_DocumentPeriodEndDate Aug. 31, 2018
Registrant Name dei_EntityRegistrantName TEMPLETON GLOBAL SMALLER COMPANIES FUND
Central Index Key dei_EntityCentralIndexKey 0000350900
Investment Company Type dei_EntityInvCompanyType N-1A
Amendment Flag dei_AmendmentFlag false
Document Creation Date dei_DocumentCreationDate Dec. 27, 2018
Document Effective Date dei_DocumentEffectiveDate Jan. 01, 2019
Prospectus Date rr_ProspectusDate Jan. 01, 2019
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Fund Summary
Templeton Global Smaller Companies Fund-17 | Templeton Global Smaller Companies Fund
Investment Goal
Long-term capital growth.
Fees and Expenses of the Fund

These tables describe the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts in Class A if you and your family invest, or agree to invest in the future, at least $50,000 in Franklin Templeton funds. More information about these and other discounts is available from your financial professional and under “Your Account” on page 28 in the Fund's Prospectus and under “Buying and Selling Shares” on page 54 of the Fund’s Statement of Additional Information. In addition, more information about sales charge discounts and waivers for purchases of shares through specific financial intermediaries is set forth in Appendix A - "Intermediary Sales Charge Discounts and Waivers" to the Fund's prospectus.

Please note that the tables and examples below do not reflect any transaction fees that may be charged by financial intermediaries, or commissions that a shareholder may be required to pay directly to its financial intermediary when buying or selling Class R6 or Advisor Class shares.

Shareholder Fees (fees paid directly from your investment)
Shareholder Fees {- Templeton Global Smaller Companies Fund} - Templeton Global Smaller Companies Fund-17 - Templeton Global Smaller Companies Fund
Class A
Class C
[1]
Class R6
Advisor Class
Maximum Sales Charge (Load) Imposed on Purchases (as percentage of offering price) 5.50% none none none
Maximum Deferred Sales Charge (Load) (as percentage of the lower of original purchase price or sale proceeds) none [2] 1.00% none none
[1] Effective October 5, 2018, Class C shares of the Fund convert automatically to Class A shares of the Fund on a monthly basis in the month of, or the month following, the 10-year anniversary of the Class C shares’ purchase date. Such conversions are on the basis of the relative net asset values of the two classes, are not subject to Class A shares’ sales charges and are not expected to be a taxable event for federal income tax purposes. Certain shares that are invested through retirement plans, omnibus accounts or in certain other instances may not automatically convert if the financial intermediary does not have the ability to track purchases to credit individual shareholders’ holding periods. (See “Your Account – Choosing a Shares Class – Sales Charges - Class C – Automatic Conversion of Class C Shares to Class A Shares After 10-Year Holding Period” for more information.)
[2] There is a 1% contingent deferred sales charge that applies to investments of $1 million or more (see "Investments of $1 Million or More" under "Choosing a Share Class") and purchases by certain retirement plans without an initial sales charge on shares sold within 18 months of purchase.
<div><p>Annual Fund Operating Expenses</p><p>(expenses that you pay each year as a percentage of the value of your investment)</p></div>
Annual Operating Expenses {- Templeton Global Smaller Companies Fund} - Templeton Global Smaller Companies Fund-17 - Templeton Global Smaller Companies Fund
Class A
Class C
Class R6
Advisor Class
Management fees 0.86% 0.86% 0.86% 0.86%
Distribution and service (12b-1) fees 0.25% 1.00% none none
Other expenses [1] 0.21% 0.21% 0.09% [2] 0.21%
Acquired fund fees and expenses [3] 0.01% 0.01% 0.01% 0.01%
Total annual Fund operating expenses [1],[3] 1.33% 2.08% 0.96% [2] 1.08%
[1] Other expenses of the Fund have been restated to exclude non-recurring prior period expenses and for Class R6 shares, to reflect current fiscal year expenses. If the prior period's non-recurring expenses were included in the table above, the amounts stated would have been greater. Consequently, the total annual Fund operating expenses differ from the ratio of expenses to average net assets shown in the Financial Highlights.
[2] The transfer agent has contractually agreed to cap transfer agency fees for Class R6 shares of the Fund so that transfer agency fees for that class do not exceed 0.03% until December 31, 2019. Contractual fee waiver and/or expense reimbursement agreements may not be changed or terminated during the time period set forth above.
[3] Total annual Fund operating expenses differ from the ratio of expenses to average net assets shown in the Financial Highlights, which reflect the operating expenses of the Fund and do not include acquired fund fees and expenses.
Example
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of the period. The Example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same. The Example reflects adjustments made to the Fund's operating expenses due to the fee waivers and/or expense reimbursements by management for the 1 Year numbers only. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example {- Templeton Global Smaller Companies Fund} - Templeton Global Smaller Companies Fund-17 - Templeton Global Smaller Companies Fund - USD ($)
Class A
Class C
Class R6
Advisor Class
1 year $ 678 $ 311 $ 98 $ 110
3 years 948 652 306 343
5 years 1,239 1,119 531 595
10 years $ 2,063 $ 2,410 $ 1,178 $ 1,317
If you do not sell your shares:
Expense Example, No Redemption {- Templeton Global Smaller Companies Fund}
Templeton Global Smaller Companies Fund-17
Templeton Global Smaller Companies Fund
Class C
USD ($)
1 Year $ 211
3 Years 652
5 Years 1,119
10 Years $ 2,410
Portfolio Turnover

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 32.61% of the average value of its portfolio.

Principal Investment Strategies

Under normal market conditions, the Fund invests at least 80% of its net assets in securities of smaller companies located anywhere in the world. The Fund defines smaller companies as companies with market capitalizations (the total market value of a company's outstanding stock) not exceeding the highest market capitalization in the Fund's benchmark, at the time of purchase. As of November 30, 2018 (the date of the last reconstitution of the benchmark), the largest company in the MSCI All Country World Small Cap Index had a market capitalization of $12.5 billion.

The securities in which the Fund invests are primarily common stocks. The Fund may invest a significant amount of its assets in the securities of companies located in emerging markets. The Fund will invest its assets in issuers located in at least three different countries (including the United States) and will invest at least 40% of its net assets in foreign securities.

When choosing equity investments for the Fund, the investment manager applies a “bottom-up,” value-oriented, long-term approach, focusing on the market price of a company’s securities relative to the investment manager’s evaluation of the company’s long-term earnings, asset value and cash flow potential. The investment manager also considers a company’s price/earnings ratio, profit margins and liquidation value.

The investment manager may consider selling a security when it believes the security has become overvalued due to either its price appreciation or changes in the company's fundamentals, when the investment manager believes that the market capitalization of a security has become too large, or when the investment manager believes another security is a more attractive investment opportunity.

Principal Risks

You could lose money by investing in the Fund. Mutual fund shares are not deposits or obligations of, or guaranteed or endorsed by, any bank, and are not insured by the Federal Deposit Insurance Corporation, the Federal Reserve Board, or any other agency of the U.S. government.

Market

The market values of securities or other investments owned by the Fund will go up or down, sometimes rapidly or unpredictably. The market value of a security or other investment may be reduced by market activity or other results of supply and demand unrelated to the issuer. This is a basic risk associated with all investments. When there are more sellers than buyers, prices tend to fall. Likewise, when there are more buyers than sellers, prices tend to rise.

Stock prices tend to go up and down more dramatically than those of debt securities. A slower-growth or recessionary economic environment could have an adverse effect on the prices of the various stocks held by the Fund.

Smaller Companies

Securities issued by smaller companies may be more volatile in price than those of larger companies, involve substantial risks and should be considered speculative. Such risks may include greater sensitivity to economic conditions, less certain growth prospects, lack of depth of management and funds for growth and development and limited or less developed product lines and markets. In addition, smaller companies may be particularly affected by interest rate increases, as they may find it more difficult to borrow money to continue or expand operations, or may have difficulty in repaying any loans.

Liquidity

From time to time, the trading market for a particular security or type of security or other investments in which the Fund invests may become less liquid or even illiquid. Reduced liquidity will have an adverse impact on the Fund’s ability to sell such securities or other investments when necessary to meet the Fund’s liquidity needs, which may arise or increase in response to a specific economic event or because the investment manager wishes to purchase particular investments or believes that a higher level of liquidity would be advantageous. Reduced liquidity will also generally lower the value of such securities or other investments. Market prices for such securities or other investments may be relatively volatile.

Foreign Securities (non-U.S.)

Investing in foreign securities typically involves more risks than investing in U.S. securities, and includes risks associated with: (i) internal and external political and economic developments – e.g., the political, economic and social policies and structures of some foreign countries may be less stable and more volatile than those in the U.S. or some foreign countries may be subject to trading restrictions or economic sanctions; (ii) trading practices – e.g., government supervision and regulation of foreign securities and currency markets, trading systems and brokers may be less than in the U.S.; (iii) availability of information – e.g., foreign issuers may not be subject to the same disclosure, accounting and financial reporting standards and practices as U.S. issuers; (iv) limited markets – e.g., the securities of certain foreign issuers may be less liquid (harder to sell) and more volatile; and (v) currency exchange rate fluctuations and policies. The risks of foreign investments may be greater in developing or emerging market countries.

Regional Focus

Because the Fund may invest at least a significant portion of its assets in companies in a specific region, including Europe, the Fund is subject to greater risks of adverse developments in that region and/or the surrounding regions than a fund that is more broadly diversified geographically. Political, social or economic disruptions in the region, even in countries in which the Fund is not invested, may adversely affect the value of investments held by the Fund. Current political uncertainty surrounding the European Union (EU) and its membership, including the 2016 referendum in which the United Kingdom voted to exit the EU, may increase market volatility. The financial instability of some countries in the EU together with the risk of such instability impacting other more stable countries may increase the economic risk of investing in companies in Europe.

Emerging Market Countries

The Fund’s investments in emerging market countries are subject to all of the risks of foreign investing generally, and have additional heightened risks due to a lack of established legal, political, business and social frameworks to support securities markets, including: delays in settling portfolio securities transactions; currency and capital controls; greater sensitivity to interest rate changes; pervasiveness of corruption and crime; currency exchange rate volatility; and inflation, deflation or currency devaluation.

Value Style Investing

A value stock may not increase in price as anticipated by the investment manager if other investors fail to recognize the company's value and bid up the price, the markets favor faster-growing companies, or the factors that the investment manager believes will increase the price of the security do not occur.

Management

The Fund is subject to management risk because it is an actively managed investment portfolio. The Fund's investment manager applies investment techniques and risk analyses in making investment decisions for the Fund, but there can be no guarantee that these decisions will produce the desired results.

Performance

The following bar chart and table provide some indication of the risks of investing in the Fund. The bar chart shows changes in the Fund's performance from year to year for Class A shares. The table shows how the Fund's average annual returns for 1 year, 5 years, 10 years or since inception, as applicable, compared with those of a broad measure of market performance. The Fund's past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. You can obtain updated performance information at franklintempleton.com or by calling (800) DIAL BEN/342-5236.

Sales charges are not reflected in the bar chart, and if those charges were included, returns would be less than those shown.

Class A Annual Total Returns
Bar Chart
Best Quarter:Q2'0940.19%
Worst Quarter:Q4'08-32.18%
As of September 30, 2018, the Fund's year-to-date return was -2.75%.
<div><p>Average Annual Total Returns<br/>(figures reflect sales charges)</p><p>For the periods ended December 31, 2017</p></div>
Average Annual Total Returns{- Templeton Global Smaller Companies Fund} - Templeton Global Smaller Companies Fund-17 - Templeton Global Smaller Companies Fund
Past 1 year
Past 5 years
Past 10 years
Since Inception
[1]
Class A | Return Before Taxes 18.81% 9.27% 4.65%  
Class A | After Taxes on Distributions 17.77% 9.02% 4.31%  
Class A | After Taxes on Distributions and Sales 11.71% 7.41% 3.72%  
Class C | Return Before Taxes 23.76% 9.70% 4.46%  
Class R6 | Return Before Taxes 26.30%   9.92%
Advisor Class | Return Before Taxes 26.12% 10.82% 5.50%  
MSCI All Country World Small Cap Index (index reflects no deduction for fees, expenses or taxes) 24.32% 12.83% 7.67%  
[1] Since inception May 1, 2013.

The figures in the average annual total returns table above reflect the Class A maximum front-end sales charge of 5.50%. Prior to September 10, 2018, Class A shares were subject to a maximum front-end sales charge of 5.75%. If the prior maximum front-end sales charge of 5.75% was reflected, performance for Class A in the average annual total returns table would be lower.

The after-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. After-tax returns are shown only for Class A and after-tax returns for other classes will vary.

XML 12 R9.htm IDEA: XBRL DOCUMENT v3.10.0.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName TEMPLETON GLOBAL SMALLER COMPANIES FUND
Prospectus Date rr_ProspectusDate Jan. 01, 2019
Risk/Return [Heading] rr_RiskReturnHeading Fund Summary
Templeton Global Smaller Companies Fund-17 | Templeton Global Smaller Companies Fund  
Risk/Return: rr_RiskReturnAbstract  
Objective [Heading] rr_ObjectiveHeading Investment Goal
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock Long-term capital growth.
Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

These tables describe the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts in Class A if you and your family invest, or agree to invest in the future, at least $50,000 in Franklin Templeton funds. More information about these and other discounts is available from your financial professional and under “Your Account” on page 28 in the Fund's Prospectus and under “Buying and Selling Shares” on page 54 of the Fund’s Statement of Additional Information. In addition, more information about sales charge discounts and waivers for purchases of shares through specific financial intermediaries is set forth in Appendix A - "Intermediary Sales Charge Discounts and Waivers" to the Fund's prospectus.

Please note that the tables and examples below do not reflect any transaction fees that may be charged by financial intermediaries, or commissions that a shareholder may be required to pay directly to its financial intermediary when buying or selling Class R6 or Advisor Class shares.

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption <div><p>Annual Fund Operating Expenses</p><p>(expenses that you pay each year as a percentage of the value of your investment)</p></div>
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 32.61% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 32.61%
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts in Class A if you and your family invest, or agree to invest in the future, at least $50,000 in Franklin Templeton funds.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 50,000
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of the period. The Example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same. The Example reflects adjustments made to the Fund's operating expenses due to the fee waivers and/or expense reimbursements by management for the 1 Year numbers only. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption If you do not sell your shares:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

Under normal market conditions, the Fund invests at least 80% of its net assets in securities of smaller companies located anywhere in the world. The Fund defines smaller companies as companies with market capitalizations (the total market value of a company's outstanding stock) not exceeding the highest market capitalization in the Fund's benchmark, at the time of purchase. As of November 30, 2018 (the date of the last reconstitution of the benchmark), the largest company in the MSCI All Country World Small Cap Index had a market capitalization of $12.5 billion.

The securities in which the Fund invests are primarily common stocks. The Fund may invest a significant amount of its assets in the securities of companies located in emerging markets. The Fund will invest its assets in issuers located in at least three different countries (including the United States) and will invest at least 40% of its net assets in foreign securities.

When choosing equity investments for the Fund, the investment manager applies a “bottom-up,” value-oriented, long-term approach, focusing on the market price of a company’s securities relative to the investment manager’s evaluation of the company’s long-term earnings, asset value and cash flow potential. The investment manager also considers a company’s price/earnings ratio, profit margins and liquidation value.

The investment manager may consider selling a security when it believes the security has become overvalued due to either its price appreciation or changes in the company's fundamentals, when the investment manager believes that the market capitalization of a security has become too large, or when the investment manager believes another security is a more attractive investment opportunity.

Risk [Heading] rr_RiskHeading Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

You could lose money by investing in the Fund. Mutual fund shares are not deposits or obligations of, or guaranteed or endorsed by, any bank, and are not insured by the Federal Deposit Insurance Corporation, the Federal Reserve Board, or any other agency of the U.S. government.

Market

The market values of securities or other investments owned by the Fund will go up or down, sometimes rapidly or unpredictably. The market value of a security or other investment may be reduced by market activity or other results of supply and demand unrelated to the issuer. This is a basic risk associated with all investments. When there are more sellers than buyers, prices tend to fall. Likewise, when there are more buyers than sellers, prices tend to rise.

Stock prices tend to go up and down more dramatically than those of debt securities. A slower-growth or recessionary economic environment could have an adverse effect on the prices of the various stocks held by the Fund.

Smaller Companies

Securities issued by smaller companies may be more volatile in price than those of larger companies, involve substantial risks and should be considered speculative. Such risks may include greater sensitivity to economic conditions, less certain growth prospects, lack of depth of management and funds for growth and development and limited or less developed product lines and markets. In addition, smaller companies may be particularly affected by interest rate increases, as they may find it more difficult to borrow money to continue or expand operations, or may have difficulty in repaying any loans.

Liquidity

From time to time, the trading market for a particular security or type of security or other investments in which the Fund invests may become less liquid or even illiquid. Reduced liquidity will have an adverse impact on the Fund’s ability to sell such securities or other investments when necessary to meet the Fund’s liquidity needs, which may arise or increase in response to a specific economic event or because the investment manager wishes to purchase particular investments or believes that a higher level of liquidity would be advantageous. Reduced liquidity will also generally lower the value of such securities or other investments. Market prices for such securities or other investments may be relatively volatile.

Foreign Securities (non-U.S.)

Investing in foreign securities typically involves more risks than investing in U.S. securities, and includes risks associated with: (i) internal and external political and economic developments – e.g., the political, economic and social policies and structures of some foreign countries may be less stable and more volatile than those in the U.S. or some foreign countries may be subject to trading restrictions or economic sanctions; (ii) trading practices – e.g., government supervision and regulation of foreign securities and currency markets, trading systems and brokers may be less than in the U.S.; (iii) availability of information – e.g., foreign issuers may not be subject to the same disclosure, accounting and financial reporting standards and practices as U.S. issuers; (iv) limited markets – e.g., the securities of certain foreign issuers may be less liquid (harder to sell) and more volatile; and (v) currency exchange rate fluctuations and policies. The risks of foreign investments may be greater in developing or emerging market countries.

Regional Focus

Because the Fund may invest at least a significant portion of its assets in companies in a specific region, including Europe, the Fund is subject to greater risks of adverse developments in that region and/or the surrounding regions than a fund that is more broadly diversified geographically. Political, social or economic disruptions in the region, even in countries in which the Fund is not invested, may adversely affect the value of investments held by the Fund. Current political uncertainty surrounding the European Union (EU) and its membership, including the 2016 referendum in which the United Kingdom voted to exit the EU, may increase market volatility. The financial instability of some countries in the EU together with the risk of such instability impacting other more stable countries may increase the economic risk of investing in companies in Europe.

Emerging Market Countries

The Fund’s investments in emerging market countries are subject to all of the risks of foreign investing generally, and have additional heightened risks due to a lack of established legal, political, business and social frameworks to support securities markets, including: delays in settling portfolio securities transactions; currency and capital controls; greater sensitivity to interest rate changes; pervasiveness of corruption and crime; currency exchange rate volatility; and inflation, deflation or currency devaluation.

Value Style Investing

A value stock may not increase in price as anticipated by the investment manager if other investors fail to recognize the company's value and bid up the price, the markets favor faster-growing companies, or the factors that the investment manager believes will increase the price of the security do not occur.

Management

The Fund is subject to management risk because it is an actively managed investment portfolio. The Fund's investment manager applies investment techniques and risk analyses in making investment decisions for the Fund, but there can be no guarantee that these decisions will produce the desired results.

Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

The following bar chart and table provide some indication of the risks of investing in the Fund. The bar chart shows changes in the Fund's performance from year to year for Class A shares. The table shows how the Fund's average annual returns for 1 year, 5 years, 10 years or since inception, as applicable, compared with those of a broad measure of market performance. The Fund's past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. You can obtain updated performance information at franklintempleton.com or by calling (800) DIAL BEN/342-5236.

Sales charges are not reflected in the bar chart, and if those charges were included, returns would be less than those shown.

Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following bar chart and table provide some indication of the risks of investing in the Fund. The bar chart shows changes in the Fund's performance from year to year for Class A shares. The table shows how the Fund's average annual returns for 1 year, 5 years, 10 years or since inception, as applicable, compared with those of a broad measure of market performance.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone (800) DIAL BEN/342-5236
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress franklintempleton.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund's past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Class A Annual Total Returns
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads Sales charges are not reflected in the bar chart, and if those charges were included, returns would be less than those shown.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
Best Quarter:Q2'0940.19%
Worst Quarter:Q4'08-32.18%
As of September 30, 2018, the Fund's year-to-date return was -2.75%.
Performance Table Heading rr_PerformanceTableHeading <div><p>Average Annual Total Returns<br/>(figures reflect sales charges)</p><p>For the periods ended December 31, 2017</p></div>
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock

The figures in the average annual total returns table above reflect the Class A maximum front-end sales charge of 5.50%. Prior to September 10, 2018, Class A shares were subject to a maximum front-end sales charge of 5.75%. If the prior maximum front-end sales charge of 5.75% was reflected, performance for Class A in the average annual total returns table would be lower.

The after-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. After-tax returns are shown only for Class A and after-tax returns for other classes will vary.

Templeton Global Smaller Companies Fund-17 | Templeton Global Smaller Companies Fund | Class A  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as percentage of offering price) rr_MaximumCumulativeSalesChargeOverOfferingPrice 5.50%
Maximum Deferred Sales Charge (Load) (as percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOfferingPrice none [1]
Management fees rr_ManagementFeesOverAssets 0.86%
Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.21% [2]
Acquired fund fees and expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.01% [3]
Total annual Fund operating expenses rr_ExpensesOverAssets 1.33% [2],[3]
1 year rr_ExpenseExampleYear01 $ 678
3 years rr_ExpenseExampleYear03 948
5 years rr_ExpenseExampleYear05 1,239
10 years rr_ExpenseExampleYear10 $ 2,063
2008 rr_AnnualReturn2008 (50.28%)
2009 rr_AnnualReturn2009 70.63%
2010 rr_AnnualReturn2010 26.30%
2011 rr_AnnualReturn2011 (20.68%)
2012 rr_AnnualReturn2012 18.87%
2013 rr_AnnualReturn2013 32.20%
2014 rr_AnnualReturn2014 (3.25%)
2015 rr_AnnualReturn2015 (6.99%)
2016 rr_AnnualReturn2016 10.24%
2017 rr_AnnualReturn2017 25.72%
Year to Date Return, Label rr_YearToDateReturnLabel As of September 30, 2018, the Fund's year-to-date return was -2.75%.
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter:
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 40.19%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter:
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (32.18%)
Templeton Global Smaller Companies Fund-17 | Templeton Global Smaller Companies Fund | Class C  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as percentage of offering price) rr_MaximumCumulativeSalesChargeOverOfferingPrice none [4]
Maximum Deferred Sales Charge (Load) (as percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOfferingPrice 1.00% [4]
Management fees rr_ManagementFeesOverAssets 0.86%
Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other expenses rr_OtherExpensesOverAssets 0.21% [2]
Acquired fund fees and expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.01% [3]
Total annual Fund operating expenses rr_ExpensesOverAssets 2.08% [2],[3]
1 year rr_ExpenseExampleYear01 $ 311
3 years rr_ExpenseExampleYear03 652
5 years rr_ExpenseExampleYear05 1,119
10 years rr_ExpenseExampleYear10 2,410
1 Year rr_ExpenseExampleNoRedemptionYear01 211
3 Years rr_ExpenseExampleNoRedemptionYear03 652
5 Years rr_ExpenseExampleNoRedemptionYear05 1,119
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,410
Templeton Global Smaller Companies Fund-17 | Templeton Global Smaller Companies Fund | Class R6  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as percentage of offering price) rr_MaximumCumulativeSalesChargeOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management fees rr_ManagementFeesOverAssets 0.86%
Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.09% [2],[5]
Acquired fund fees and expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.01% [3]
Total annual Fund operating expenses rr_ExpensesOverAssets 0.96% [2],[3],[5]
1 year rr_ExpenseExampleYear01 $ 98
3 years rr_ExpenseExampleYear03 306
5 years rr_ExpenseExampleYear05 531
10 years rr_ExpenseExampleYear10 $ 1,178
Templeton Global Smaller Companies Fund-17 | Templeton Global Smaller Companies Fund | Advisor Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as percentage of offering price) rr_MaximumCumulativeSalesChargeOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management fees rr_ManagementFeesOverAssets 0.86%
Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.21% [2]
Acquired fund fees and expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.01% [3]
Total annual Fund operating expenses rr_ExpensesOverAssets 1.08% [2],[3]
1 year rr_ExpenseExampleYear01 $ 110
3 years rr_ExpenseExampleYear03 343
5 years rr_ExpenseExampleYear05 595
10 years rr_ExpenseExampleYear10 $ 1,317
Templeton Global Smaller Companies Fund-17 | Templeton Global Smaller Companies Fund | Return Before Taxes | Class A  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Templeton Global Smaller Companies Fund
Label rr_AverageAnnualReturnLabel Return Before Taxes
Past 1 year rr_AverageAnnualReturnYear01 18.81%
Past 5 years rr_AverageAnnualReturnYear05 9.27%
Past 10 years rr_AverageAnnualReturnYear10 4.65%
Templeton Global Smaller Companies Fund-17 | Templeton Global Smaller Companies Fund | Return Before Taxes | Class C  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 23.76%
Past 5 years rr_AverageAnnualReturnYear05 9.70%
Past 10 years rr_AverageAnnualReturnYear10 4.46%
Templeton Global Smaller Companies Fund-17 | Templeton Global Smaller Companies Fund | Return Before Taxes | Class R6  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 26.30%
Past 10 years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 9.92% [6]
Templeton Global Smaller Companies Fund-17 | Templeton Global Smaller Companies Fund | Return Before Taxes | Advisor Class  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 26.12%
Past 5 years rr_AverageAnnualReturnYear05 10.82%
Past 10 years rr_AverageAnnualReturnYear10 5.50%
Templeton Global Smaller Companies Fund-17 | Templeton Global Smaller Companies Fund | After Taxes on Distributions | Class A  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Templeton Global Smaller Companies Fund
Label rr_AverageAnnualReturnLabel Return After Taxes on Distributions
Past 1 year rr_AverageAnnualReturnYear01 17.77%
Past 5 years rr_AverageAnnualReturnYear05 9.02%
Past 10 years rr_AverageAnnualReturnYear10 4.31%
Templeton Global Smaller Companies Fund-17 | Templeton Global Smaller Companies Fund | After Taxes on Distributions and Sales | Class A  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Templeton Global Smaller Companies Fund
Label rr_AverageAnnualReturnLabel Return After Taxes on Distributions and Sale of Fund Shares
Past 1 year rr_AverageAnnualReturnYear01 11.71%
Past 5 years rr_AverageAnnualReturnYear05 7.41%
Past 10 years rr_AverageAnnualReturnYear10 3.72%
Templeton Global Smaller Companies Fund-17 | Templeton Global Smaller Companies Fund | MSCI All Country World Small Cap Index (index reflects no deduction for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 24.32%
Past 5 years rr_AverageAnnualReturnYear05 12.83%
Past 10 years rr_AverageAnnualReturnYear10 7.67%
[1] There is a 1% contingent deferred sales charge that applies to investments of $1 million or more (see "Investments of $1 Million or More" under "Choosing a Share Class") and purchases by certain retirement plans without an initial sales charge on shares sold within 18 months of purchase.
[2] Other expenses of the Fund have been restated to exclude non-recurring prior period expenses and for Class R6 shares, to reflect current fiscal year expenses. If the prior period's non-recurring expenses were included in the table above, the amounts stated would have been greater. Consequently, the total annual Fund operating expenses differ from the ratio of expenses to average net assets shown in the Financial Highlights.
[3] Total annual Fund operating expenses differ from the ratio of expenses to average net assets shown in the Financial Highlights, which reflect the operating expenses of the Fund and do not include acquired fund fees and expenses.
[4] Effective October 5, 2018, Class C shares of the Fund convert automatically to Class A shares of the Fund on a monthly basis in the month of, or the month following, the 10-year anniversary of the Class C shares’ purchase date. Such conversions are on the basis of the relative net asset values of the two classes, are not subject to Class A shares’ sales charges and are not expected to be a taxable event for federal income tax purposes. Certain shares that are invested through retirement plans, omnibus accounts or in certain other instances may not automatically convert if the financial intermediary does not have the ability to track purchases to credit individual shareholders’ holding periods. (See “Your Account – Choosing a Shares Class – Sales Charges - Class C – Automatic Conversion of Class C Shares to Class A Shares After 10-Year Holding Period” for more information.)
[5] The transfer agent has contractually agreed to cap transfer agency fees for Class R6 shares of the Fund so that transfer agency fees for that class do not exceed 0.03% until December 31, 2019. Contractual fee waiver and/or expense reimbursement agreements may not be changed or terminated during the time period set forth above.
[6] Since inception May 1, 2013.
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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName TEMPLETON GLOBAL SMALLER COMPANIES FUND
Prospectus Date rr_ProspectusDate Jan. 01, 2019
Document Creation Date dei_DocumentCreationDate Dec. 27, 2018
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