File Nos. 002-70889 and 811-03143 | ||
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As filed with the Securities and Exchange Commission on January 8, 2019 | ||
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SECURITIES AND EXCHANGE COMMISSION | ||
Washington, D.C. 20549
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FORM N-1A | ||
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REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 |
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Pre-Effective Amendment No. |
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Post-Effective Amendment No. |
63 |
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and/or |
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REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 |
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Amendment No. |
64 |
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Templeton Global Smaller Companies Fund | ||||||
(Exact Name of Registrant as Specified in Charter) | ||||||
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300 S.E. 2nd Street, Fort Lauderdale, Florida 33301-1923 | ||||||
(Address of Principal Executive Offices) (Zip Code) | ||||||
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(954) 527-7500 (Registrant's Telephone Number, Including Area Code) | ||||||
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Craig S. Tyle, One Franklin Parkway, San Mateo, CA 94403-1906 | ||||||
(Name and Address of Agent for Service of Process) | ||||||
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It is proposed that this filing will become effective (check appropriate box) | ||||||
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immediately upon filing pursuant to paragraph (b) | |||||
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on (date) pursuant to paragraph (b) | |||||
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60 days after filing pursuant to paragraph (a)(i) | |||||
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on (date) pursuant to paragraph (a)(i) | |||||
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75 days after filing pursuant to paragraph (a)(ii) | |||||
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on (date) pursuant to paragraph (a)(ii) of rule 485 | |||||
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If appropriate, check the following box: | ||||||
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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:
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NORMAN J. BOERSMA* |
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Norman J. Boersma |
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President and Chief Executive Officer – Investment Management |
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January 7, 2019 |
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MATTHEW T. HINKLE* |
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Matthew T. Hinkle |
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Chief Executive Officer – Finance and Administration |
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January 7, 2019 |
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Robert G. Kubilis* |
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Robert G. Kubilis |
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Chief Financial Officer and Chief Accounting Officer |
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January 7, 2019 |
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HARRIS J. ASHTON* |
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Harris J. Ashton |
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Trustee |
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January 7, 2019 |
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ANN TORRE BATES* |
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Ann Torre Bates |
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Trustee |
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January 7, 2019 |
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MARY C. CHOKSI* |
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Mary C. Choksi |
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Trustee |
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January 7, 2019 |
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EDITH E. HOLIDAY* |
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Edith E. Holiday |
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Trustee |
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January 7, 2019 |
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GREGORY E. JOHNSON* |
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Gregory E. Johnson |
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Trustee |
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January 7, 2019 |
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RUPERT H. JOHNSON, JR.* |
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Rupert H. Johnson, Jr. |
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Trustee |
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January 7, 2019 |
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J. MICHAEL LUTTIG* |
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J. Michael Luttig |
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Trustee |
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January 7, 2019 |
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DAVID W. NIEMIEC* |
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David W. Niemiec |
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Trustee |
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January 7, 2019 |
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LARRY D. THOMPSON* |
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Larry D. Thompson |
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Trustee |
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January 7, 2019 |
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CONSTANTINE D. TSERETOPOULOS* |
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Constantine D. Tseretopoulos |
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Trustee |
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January 7, 2019 |
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ROBERT E. WADE* |
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Robert E. Wade |
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Trustee |
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January 7, 2019 |
* By: /s/ LORI A. WEBER__________
Lori A. Weber
Attorney-in-Fact
(Pursuant to Power of Attorney previously filed)
EXHIBIT INDEX
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Index No. |
Description of Exhibit |
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EX-101.INS |
XBRL Instance Document |
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EX-101.SCH |
XBRL Taxonomy Extension Schema Document |
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EX-101.DEF |
XBRL Taxonomy Extension Definition Linkbase |
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EX-101.LAB |
XBRL Taxonomy Extension Labels Linkbase |
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EX-101.PRE |
XBRL Taxonomy Extension Presentation Linkbase |
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Label | Element | Value |
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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 Funds 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) | ||||||||||||||||||||||||||||||||||||||||||||||||||
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<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> | ||||||||||||||||||||||||||||||||||||||||||||||||||
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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: | ||||||||||||||||||||||||||||||||||||||||||||||||||
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If you do not sell your shares: | ||||||||||||||||||||||||||||||||||||||||||||||||||
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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 companys securities relative to the investment managers evaluation of the companys long-term earnings, asset value and cash flow potential. The investment manager also considers a companys 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 Funds ability to sell such securities or other investments when necessary to meet the Funds 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 Funds 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 | ||||||||||||||||||||||||||||||||||||||||||||||||||
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<div><p>Average Annual Total Returns<br/>(figures reflect sales charges)</p><p>For the periods ended December 31, 2017</p></div> | ||||||||||||||||||||||||||||||||||||||||||||||||||
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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. |
Label | Element | Value | ||||||||||||
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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 Funds 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. |
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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. |
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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 companys securities relative to the investment managers evaluation of the companys long-term earnings, asset value and cash flow potential. The investment manager also considers a companys 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. |
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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 Funds ability to sell such securities or other investments when necessary to meet the Funds 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 Funds 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. |
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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. |
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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 |
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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. |
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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% | ||||||||||||
|
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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