As filed with the Securities and Exchange Commission on December 4, 2012 | |
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File Nos. | |
002-30761 | |
811-01700 | |
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SECURITIES AND EXCHANGE COMMISSION | |
WASHINGTON, D.C. 20549 | |
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. 66 |
[X] |
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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. 41 |
[X] |
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FRANKLIN GOLD AND PRECIOUS METALS FUND | |
(Exact Name of Registrant as Specified in Charter) | |
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ONE FRANKLIN PARKWAY, SAN MATEO, CA 94403-1906 | |
(Address of Principal Executive Offices) (Zip Code) | |
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Registrant’s Telephone Number, Including Area Code (650) 312-2000 | |
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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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Approximate Date of Proposed Public Offering: | |
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It is proposed that this filing will become effective (check appropriate box): | |
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[X] immediately upon filing pursuant to paragraph (b) | |
[ ] on (date) pursuant to paragraph (b) | |
[ ] 60 days after filing pursuant to paragraph (a)(1) | |
[ ] on (date) pursuant to paragraph (a)(1) | |
[ ] 75 days after filing pursuant to paragraph (a)(2) | |
[ ] on (date) pursuant to paragraph (a)(2) 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 of the requirements for effectiveness of this Registration Statement pursuant to Rule 485(b) under the Securities Act of 1933 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized in the City of San Mateo and the State of California, on the 3rd day of December, 2012.
FRANKLIN GOLD AND PRECIOUS METALS FUND
(Registrant)
By: /s/Karen L. Skidmore
Karen L. Skidmore
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.
Edward B. Jamieson* Chief Executive Officer -
Edward B. Jamieson Investment Management
Dated: December 3, 2012
Laura F. Fergerson * Chief Executive Officer-Finance
Laura F. Fergerson and Administration
Dated: December 3, 2012
Gaston Gardey* Chief Financial Officer
Gaston Gardey and Chief Accounting Officer
Dated: December 3, 2012
Harris J. Ashton* Trustee
Harris J. Ashton Dated: December 3, 2012
Sam Ginn* Trustee
Sam Ginn Dated: December 3, 2012
Edith E. Holiday* Trustee
Edith E. Holiday Dated: December 3, 2012
Charles B. Johnson* Trustee
Charles B. Johnson Dated: December 3, 2012
Gregory E. Johnson* Trustee
Gregory E. Johnson Dated: December 3, 2012
J. Michael Luttig* Trustee
J. Michael Luttig Dated: December 3, 2012
Frank A. Olson* Trustee
Frank A. Olson Dated: December 3, 2012
Larry D. Thompson* Trustee
Larry D. Thompson Dated: December 3, 2012
John B. Wilson* Trustee
John B. Wilson Dated: December 3, 2012
*By /s/Karen L. Skidmore
Karen L. Skidmore, 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 | Jul. 31, 2012 | ||||||||||
Registrant Name | dei_EntityRegistrantName | FRANKLIN GOLD & PRECIOUS METALS FUND | ||||||||||
Central Index Key | dei_EntityCentralIndexKey | 0000083293 | ||||||||||
Amendment Flag | dei_AmendmentFlag | false | ||||||||||
Document Creation Date | dei_DocumentCreationDate | Nov. 27, 2012 | ||||||||||
Document Effective Date | dei_DocumentEffectiveDate | Dec. 01, 2012 | ||||||||||
Prospectus Date | rr_ProspectusDate | Dec. 01, 2012 | ||||||||||
Risk/Return [Heading] | rr_RiskReturnHeading | Fund Summary | ||||||||||
Franklin Gold and Precious Metals Fund
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||
Objective [Heading] | rr_ObjectiveHeading | Investment Goal | ||||||||||
Objective, Primary [Text Block] | rr_ObjectivePrimaryTextBlock | Capital appreciation. Its secondary goal is to provide shareholders with current income through dividends or interest received from its investments. | ||||||||||
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 24 in the Fund's Prospectus and under “Buying and Selling Shares” on page 35 of the Fund’s Statement of Additional Information. | ||||||||||
Shareholder Fees Caption [Text] | rr_ShareholderFeesCaption | SHAREHOLDER FEES (fees paid directly from your investment) | ||||||||||
Operating Expenses Caption [Text] | rr_OperatingExpensesCaption | ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment) |
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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 8.34% of the average value of its portfolio. |
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Portfolio Turnover, Rate | rr_PortfolioTurnoverRate | 8.34% | ||||||||||
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. 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 gold and precious metals operation companies. Gold and precious metals operation companies include companies that mine, process, or deal in gold or other precious metals, such as silver, platinum, and palladium, including mining finance and exploration companies as well as operating companies with long- or medium-life mines. The Fund is a "non-diversified" fund, which means it generally invests a greater portion of its assets in the securities of one or more issuers and invests overall in a smaller number of issuers than a diversified fund. The Fund may buy securities of gold and precious metals operation companies located anywhere in the world and in general invests predominantly in companies located outside the U.S. The Fund may invest in companies without regard to market capitalization, including small- and mid-capitalization companies. The Fund primarily invests in equity securities, primarily common stock. The Fund also invests in American, Global and European Depositary Receipts. The Funds investment manager looks for companies with established track records, as well as companies having low-cost reserves to bring into production, particularly companies with multiple mines, attractive production profiles, strong reserve bases, and active exploration programs that can drive future reserve and production growth. |
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Strategy Portfolio Concentration [Text] | rr_StrategyPortfolioConcentration | Under normal market conditions, the Fund invests at least 80% of its net assets in securities of gold and precious metals operation companies. | ||||||||||
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. Gold and Precious Metals The prices of gold and precious metals operation companies are affected by the price of gold or other precious metals such as platinum, palladium and silver, as well as other prevailing market conditions. These prices may be volatile, fluctuating substantially over short periods of time. In times of stable economic growth, traditional equity and debt investments could offer greater appreciation potential and the prices of gold and other precious metals may be adversely affected. The prices of gold and other precious metals are affected by such factors as: (1) how much of the worldwide supply is held by large holders, such as governmental bodies and central banks; (2) unpredictable monetary policies and economic and political conditions in countries throughout the world; and (3) demand for gold bullion as an investment, including in bar form. The prices of gold and precious metals operation companies are directly affected by: (1) capital costs, as well as, labor, and other costs in mining and production; (2) adverse currency fluctuations in the countries where these companies operate; (3) labor disruptions; (4) operational issues and failures; (5) access to reliable energy and equipment supplies; and (6) changes in laws relating to mining, production, or sales. These factors may result in deviations between the prices of the underlying metals and the securities of the operation companies in which the Fund invests. In addition, some gold and precious metals mining companies have hedged, to varying degrees, their exposure to falls in the price of gold or precious metals by selling forward future production, which could limit the companys benefit from future rises in the price of gold or precious metals or increase the risk that the company could fail to meet its contractual obligations. With respect to mining companies, mining operations have varying expected life spans and companies that have mines with a short expected life span may experience more stock price volatility. Market The market prices of securities owned by the Fund will go up or down, sometimes rapidly or unpredictably. A securitys market price 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 securities. When there are more sellers than buyers, prices tend to fall. Likewise, when there are more buyers than sellers, prices tend to rise. Individual stock prices tend to go up and down more dramatically than those of other types of investments. Foreign Securities Investing in foreign securities typically involves more risks than investing in U.S. securities, and includes risks associated with: political and economic developments - the political, economic and social structures of some foreign countries may be less stable and more volatile than those in the U.S.; trading practices - government supervision and regulation of foreign securities and currency markets, trading systems and brokers may be less than in the U.S.; availability of information - foreign issuers may not be subject to the same disclosure, accounting and financial reporting standards and practices as U.S. issuers; limited markets - the securities of certain foreign issuers may be less liquid (harder to sell) and more volatile; and currency exchange rate fluctuations and policies. The risks of foreign investments may be greater in developing or emerging market countries. Smaller and Midsize Companies Securities issued by smaller and midsize 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 and midsize 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. Concentration By focusing on an industry or a group of industries, the Fund carries much greater risks of adverse developments and price movements in such industries than a fund that invests in a wider variety of industries. Because the Fund concentrates in a specific industry or group of industries, there is also the risk that the Fund will perform poorly during a slump in demand for securities of companies in such industries. Non-Diversification Because the Fund is non-diversified, it may be more sensitive to economic, business, political or other changes affecting similar issuers or investments than a diversified fund, which may result in greater fluctuation in the value of the Funds shares and greater risk of loss. 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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Risk Nondiversified Status [Text] | rr_RiskNondiversifiedStatus | Because the Fund is non-diversified, it may be more sensitive to economic, business, political or other changes affecting similar issuers or investments than a diversified fund, which may result in greater fluctuation in the value of the Fund’s shares and greater risk of loss | ||||||||||
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. The secondary index in the table below shows how the Fund's performance compares to a group of securities that aligns more closely with the Fund's investment strategies. 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 | AVERAGE ANNUAL TOTAL RETURNS For the periods ended December 31, 2011 |
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Performance Table Closing [Text Block] | rr_PerformanceTableClosingTextBlock | 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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Franklin Gold and Precious Metals Fund | S&P 500® Index
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||
1 Year | rr_AverageAnnualReturnYear01 | 2.11% | ||||||||||
5 Years | rr_AverageAnnualReturnYear05 | (0.25%) | ||||||||||
10 Years | rr_AverageAnnualReturnYear10 | 2.92% | ||||||||||
Franklin Gold and Precious Metals Fund | FTSE Gold Mines Index(Total Return Index)
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||
1 Year | rr_AverageAnnualReturnYear01 | (15.06%) | [1] | |||||||||
5 Years | rr_AverageAnnualReturnYear05 | 7.24% | [1] | |||||||||
10 Years | rr_AverageAnnualReturnYear10 | 15.80% | [1] | |||||||||
Franklin Gold and Precious Metals Fund | Class A
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||
Maximum Cumulative Sales Charge (as a percentage of Offering Price) | rr_MaximumCumulativeSalesChargeOverOfferingPrice | 5.75% | ||||||||||
Maximum Deferred Sales Charge (as a percentage of Offering Price) | rr_MaximumDeferredSalesChargeOverOfferingPrice | none | ||||||||||
Management Fees (as a percentage of Assets) | rr_ManagementFeesOverAssets | 0.45% | ||||||||||
Distribution and Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 0.25% | ||||||||||
Other Expenses (as a percentage of Assets): | rr_OtherExpensesOverAssets | 0.26% | ||||||||||
Expenses (as a percentage of Assets) | rr_ExpensesOverAssets | 0.96% | ||||||||||
Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | 667 | ||||||||||
Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 863 | ||||||||||
Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 1,075 | ||||||||||
Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | 1,685 | ||||||||||
Annual Return 2002 | rr_AnnualReturn2002 | 37.38% | ||||||||||
Annual Return 2003 | rr_AnnualReturn2003 | 52.32% | ||||||||||
Annual Return 2004 | rr_AnnualReturn2004 | (5.47%) | ||||||||||
Annual Return 2005 | rr_AnnualReturn2005 | 40.59% | ||||||||||
Annual Return 2006 | rr_AnnualReturn2006 | 31.70% | ||||||||||
Annual Return 2007 | rr_AnnualReturn2007 | 25.59% | ||||||||||
Annual Return 2008 | rr_AnnualReturn2008 | (30.89%) | ||||||||||
Annual Return 2009 | rr_AnnualReturn2009 | 69.56% | ||||||||||
Annual Return 2010 | rr_AnnualReturn2010 | 49.21% | ||||||||||
Annual Return 2011 | rr_AnnualReturn2011 | (24.84%) | ||||||||||
Year to Date Return, Label | rr_YearToDateReturnLabel | As of September 30, 2012, the Fund's year-to-date return was -1.67%. | ||||||||||
Highest Quarterly Return, Label | rr_HighestQuarterlyReturnLabel | Best Quarter: | ||||||||||
Highest Quarterly Return, Date | rr_BarChartHighestQuarterlyReturnDate | Mar. 31, 2002 | ||||||||||
Highest Quarterly Return | rr_BarChartHighestQuarterlyReturn | 27.15% | ||||||||||
Lowest Quarterly Return, Label | rr_LowestQuarterlyReturnLabel | Worst Quarter: | ||||||||||
Lowest Quarterly Return, Date | rr_BarChartLowestQuarterlyReturnDate | Sep. 30, 2008 | ||||||||||
Lowest Quarterly Return | rr_BarChartLowestQuarterlyReturn | (32.41%) | ||||||||||
Label | rr_AverageAnnualReturnLabel | Return Before Taxes | ||||||||||
1 Year | rr_AverageAnnualReturnYear01 | (29.16%) | ||||||||||
5 Years | rr_AverageAnnualReturnYear05 | 9.24% | ||||||||||
10 Years | rr_AverageAnnualReturnYear10 | 19.00% | ||||||||||
Franklin Gold and Precious Metals Fund | Class A | After Taxes on Distributions
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||
1 Year | rr_AverageAnnualReturnYear01 | (29.94%) | ||||||||||
5 Years | rr_AverageAnnualReturnYear05 | 7.17% | ||||||||||
10 Years | rr_AverageAnnualReturnYear10 | 17.69% | ||||||||||
Franklin Gold and Precious Metals Fund | Class A | After Taxes on Distributions and Sales
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||
1 Year | rr_AverageAnnualReturnYear01 | (18.38%) | ||||||||||
5 Years | rr_AverageAnnualReturnYear05 | 7.15% | ||||||||||
10 Years | rr_AverageAnnualReturnYear10 | 16.80% | ||||||||||
Franklin Gold and Precious Metals Fund | Class B
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||
Maximum Cumulative Sales Charge (as a percentage of Offering Price) | rr_MaximumCumulativeSalesChargeOverOfferingPrice | none | [2] | |||||||||
Maximum Deferred Sales Charge (as a percentage of Offering Price) | rr_MaximumDeferredSalesChargeOverOfferingPrice | 4.00% | [2] | |||||||||
Management Fees (as a percentage of Assets) | rr_ManagementFeesOverAssets | 0.45% | ||||||||||
Distribution and Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 1.00% | ||||||||||
Other Expenses (as a percentage of Assets): | rr_OtherExpensesOverAssets | 0.26% | ||||||||||
Expenses (as a percentage of Assets) | rr_ExpensesOverAssets | 1.71% | ||||||||||
Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | 574 | ||||||||||
Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 839 | ||||||||||
Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 1,128 | ||||||||||
Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | 1,821 | ||||||||||
Expense Example, No Redemption, 1 Year | rr_ExpenseExampleNoRedemptionYear01 | 174 | ||||||||||
Expense Example, No Redemption, 3 Years | rr_ExpenseExampleNoRedemptionYear03 | 539 | ||||||||||
Expense Example, No Redemption, 5 Years | rr_ExpenseExampleNoRedemptionYear05 | 928 | ||||||||||
Expense Example, No Redemption, 10 Years | rr_ExpenseExampleNoRedemptionYear10 | 1,821 | ||||||||||
1 Year | rr_AverageAnnualReturnYear01 | (28.24%) | ||||||||||
5 Years | rr_AverageAnnualReturnYear05 | 9.44% | ||||||||||
10 Years | rr_AverageAnnualReturnYear10 | 19.00% | ||||||||||
Franklin Gold and Precious Metals Fund | Class C
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||
Maximum Cumulative Sales Charge (as a percentage of Offering Price) | rr_MaximumCumulativeSalesChargeOverOfferingPrice | none | ||||||||||
Maximum Deferred Sales Charge (as a percentage of Offering Price) | rr_MaximumDeferredSalesChargeOverOfferingPrice | 1.00% | ||||||||||
Management Fees (as a percentage of Assets) | rr_ManagementFeesOverAssets | 0.45% | ||||||||||
Distribution and Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 1.00% | ||||||||||
Other Expenses (as a percentage of Assets): | rr_OtherExpensesOverAssets | 0.26% | ||||||||||
Expenses (as a percentage of Assets) | rr_ExpensesOverAssets | 1.71% | ||||||||||
Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | 274 | ||||||||||
Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 539 | ||||||||||
Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 928 | ||||||||||
Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | 2,019 | ||||||||||
Expense Example, No Redemption, 1 Year | rr_ExpenseExampleNoRedemptionYear01 | 174 | ||||||||||
Expense Example, No Redemption, 3 Years | rr_ExpenseExampleNoRedemptionYear03 | 539 | ||||||||||
Expense Example, No Redemption, 5 Years | rr_ExpenseExampleNoRedemptionYear05 | 928 | ||||||||||
Expense Example, No Redemption, 10 Years | rr_ExpenseExampleNoRedemptionYear10 | 2,019 | ||||||||||
1 Year | rr_AverageAnnualReturnYear01 | (26.11%) | ||||||||||
5 Years | rr_AverageAnnualReturnYear05 | 9.72% | ||||||||||
10 Years | rr_AverageAnnualReturnYear10 | 18.83% | ||||||||||
Franklin Gold and Precious Metals Fund | Advisor Class
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||
Maximum Cumulative Sales Charge (as a percentage of Offering Price) | rr_MaximumCumulativeSalesChargeOverOfferingPrice | none | ||||||||||
Maximum Deferred Sales Charge (as a percentage of Offering Price) | rr_MaximumDeferredSalesChargeOverOfferingPrice | none | ||||||||||
Management Fees (as a percentage of Assets) | rr_ManagementFeesOverAssets | 0.45% | ||||||||||
Distribution and Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | ||||||||||
Other Expenses (as a percentage of Assets): | rr_OtherExpensesOverAssets | 0.26% | ||||||||||
Expenses (as a percentage of Assets) | rr_ExpensesOverAssets | 0.71% | ||||||||||
Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | 73 | ||||||||||
Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 227 | ||||||||||
Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 395 | ||||||||||
Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | 883 | ||||||||||
1 Year | rr_AverageAnnualReturnYear01 | (24.64%) | ||||||||||
5 Years | rr_AverageAnnualReturnYear05 | 10.82% | ||||||||||
10 Years | rr_AverageAnnualReturnYear10 | 20.01% | ||||||||||
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