FTIF - Franklin Global Equity Strategies Fund December 31, 2017

FTIF - Franklin Global Equity December 31, 2017 Strategies Fund

Portfolio Holdings

The following portfolio data for the Franklin Templeton funds is made available to the public under our Portfolio Holdings Release Policy and is "as of" the date indicated. This portfolio data should not be relied upon as a complete listing of a fund's holdings (or of a fund's top holdings) as information on particular holdings may be withheld if it is in the fund's interest to do so. Additionally, foreign currency forwards are not included in the portfolio data. Instead, the net market value of all currency forward contracts is included in cash and other net assets of the fund. Further, portfolio holdings data of over-the-counter derivative investments such as Credit Default Swaps, Interest Rate Swaps or other Swap contracts list only the name of counterparty to the derivative contract, not the details of the derivative. Complete portfolio data can be found in the annual financial statements of the fund.

Security Security Shares/ Market % of Coupon Maturity Identifier Name Positions Held Value TNA Rate Date

5852842 ACCOR SA 11,795 $608,520 0.50% N/A N/A

00751Y106 ADVANCE AUTO PARTS INC 3,330 $331,967 0.27% N/A N/A

5927375 AEGON NV 80,458 $513,075 0.42% N/A N/A

5458314 AKZO NOBEL NV 4,811 $421,488 0.34% N/A N/A

BP41ZD1 ALIBABA GROUP HOLDING LTD 9,510 $1,639,809 1.34% N/A N/A

G0177J108 ALLERGAN PLC 3,745 $612,607 0.50% N/A N/A

02005N100 ALLY FINANCIAL INC 11,270 $328,633 0.27% N/A N/A

02079K305 ALPHABET INC 526 $554,088 0.45% N/A N/A

02209S103 ALTRIA GROUP INC 5,171 $369,261 0.30% N/A N/A

026874784 AMERICAN INTERNATIONAL GROUP INC 14,486 $863,075 0.71% N/A N/A

03073E105 AMERISOURCEBERGEN CORP 4,970 $456,345 0.37% N/A N/A

031162100 AMGEN INC 4,610 $801,679 0.66% N/A N/A

032511107 ANADARKO PETROLEUM CORP 4,000 $214,560 0.18% N/A N/A

037411105 APACHE CORP 10,360 $437,399 0.36% N/A N/A

037833100 APPLE INC 3,490 $590,612 0.48% N/A N/A

BF17YL3 ARJO AB 23,120 $65,979 0.05% N/A N/A

B800MQ5 ASTRA INTERNATIONAL TBK PT 945,000 $578,109 0.47% N/A N/A

05351X101 AVAYA HOLDINGS CORP 3,264 $57,283 0.05% N/A N/A

05351X119 AVAYA HOLDINGS CORP 632 $1,075 0.00% N/A 12/15/22

053ESCAG4 AVAYA HOLDINGS CORP 126,000 $0 0.00% N/A N/A

053ESCAJ8 AVAYA HOLDINGS CORP 155,000 $0 0.00% N/A N/A

7088429 AXA SA 21,298 $632,061 0.52% N/A N/A

B06L266 B2W CIA DIGITAL 17,600 $108,922 0.09% N/A N/A

B2RHNV9 B3 SA - BRASIL BOLSA BALCAO 9,100 $62,581 0.05% N/A N/A

0263494 BAE SYSTEMS PLC 85,181 $659,137 0.54% N/A N/A

BTF8BT7 BAIC MOTOR CORP LTD 383,900 $500,214 0.41% N/A N/A

B0FXT17 BAIDU INC 4,266 $999,139 0.82% N/A N/A

6124142 BAJAJ HOLDINGS & INVESTMENT LTD 19,878 $892,813 0.73% N/A N/A franklintempleton.lu 1 FTIF - Franklin Global Equity Strategies Fund December 31, 2017

Security Security Shares/ Market % of Coupon Maturity Identifier Name Positions Held Value TNA Rate Date

05722G100 BAKER HUGHES A GE CO LLC 6,035 $190,947 0.16% N/A N/A

059460303 BANCO BRADESCO SA 71,853 $735,774 0.60% N/A N/A

6077019 PCL 70,900 $476,730 0.39% N/A N/A

6368360 BANGKOK BANK PCL 11,700 $72,563 0.06% N/A N/A

BD1RP61 BANK OF IRELAND GROUP PLC 8,400 $71,505 0.06% N/A N/A

BANK RAKYAT PERSERO 6709099 534,000 $143,265 0.12% N/A N/A TBK PT

3134865 BARCLAYS PLC 176,614 $484,410 0.40% N/A N/A

067901108 BARRICK GOLD CORP 23,610 $341,636 0.28% N/A N/A

B5VJH76 BDO UNIBANK INC 38,397 $125,905 0.10% N/A N/A

6741251 BIOCON LTD 65,296 $549,554 0.45% N/A N/A

7309681 BNP PARIBAS SA 10,542 $787,356 0.64% N/A N/A

0798059 BP PLC 159,113 $1,123,147 0.92% N/A N/A

10922N103 BRIGHTHOUSE FINANCIAL INC 562 $32,955 0.03% N/A N/A

BRILLIANCE CHINA AUTOMOTIVE 6181482 1,046,500 $2,799,471 2.29% N/A N/A HOLDINGS LTD

0287580 BRITISH AMERICAN TOBACCO PLC 8,363 $566,723 0.46% N/A N/A

110448107 BRITISH AMERICAN TOBACCO PLC 3,504 $234,732 0.19% N/A N/A

14040H105 CAPITAL ONE FINANCIAL CORP 8,884 $884,668 0.72% N/A N/A

14149Y108 CARDINAL HEALTH INC 6,020 $368,845 0.30% N/A N/A

6186669 CATCHER TECHNOLOGY CO LTD 31,000 $342,737 0.28% N/A N/A

149123101 CATERPILLAR INC 2,280 $359,282 0.29% N/A N/A

151020104 CELGENE CORP 1,660 $173,237 0.14% N/A N/A

16119P108 CHARTER COMMUNICATIONS INC 1,235 $414,910 0.34% N/A N/A

CHECK POINT SOFTWARE M22465104 4,889 $506,598 0.41% N/A N/A TECHNOLOGIES LTD

165167CQ8 CHESAPEAKE ENERGY CORP 173,000 $187,272 0.15% 8.00% 12/15/22

6718976 CHINA LIFE INSURANCE CO LTD 177,000 $556,179 0.45% N/A N/A

6073556 CHINA MOBILE LTD 40,000 $405,741 0.33% N/A N/A

CHINA PACIFIC INSURANCE GROUP CO B2Q5H56 42,379 $203,681 0.17% N/A N/A LTD

6291819 CHINA PETROLEUM & CHEMICAL CORP 682,000 $500,183 0.41% N/A N/A

2026565 CHINA TELECOM CORP LTD 3,377 $160,306 0.13% N/A N/A

6559335 CHINA TELECOM CORP LTD 531,467 $253,051 0.21% N/A N/A

H1467J104 CHUBB LTD 2,857 $417,493 0.34% N/A N/A

17275R102 CISCO SYSTEMS INC 17,020 $651,866 0.53% N/A N/A

125581801 CIT GROUP INC 5,457 $268,648 0.22% N/A N/A

172967424 CITIGROUP INC 20,102 $1,495,789 1.22% N/A N/A

174610105 CITIZENS FINANCIAL GROUP INC 15,002 $629,783 0.51% N/A N/A

BDSV2V0 CNH INDUSTRIAL NV 18,405 $246,659 0.20% N/A N/A

B00G0S5 CNOOC LTD 449,000 $644,806 0.53% N/A N/A

COGNIZANT TECHNOLOGY SOLUTIONS 192446102 7,190 $510,633 0.42% N/A N/A CORP franklintempleton.lu 2 FTIF - Franklin Global Equity Strategies Fund December 31, 2017

Security Security Shares/ Market % of Coupon Maturity Identifier Name Positions Held Value TNA Rate Date

20030N101 COMCAST CORP 14,060 $563,103 0.46% N/A N/A

20337X109 COMMSCOPE HOLDING CO INC 2,454 $92,834 0.08% N/A N/A

COMPANIA DE MINAS BUENAVENTURA 204448104 56,450 $794,816 0.65% N/A N/A SA

20825C104 CONOCOPHILLIPS 10,640 $584,029 0.48% N/A N/A

6354251 COSCO SHIPPING PORTS LTD 130,115 $135,396 0.11% N/A N/A

222070203 COTY INC 26,250 $522,112 0.43% N/A N/A

7262610 CREDIT AGRICOLE SA 17,537 $290,364 0.24% N/A N/A

B67C970 CRESCENT POINT ENERGY CORP 27,100 $206,521 0.17% N/A N/A

126650100 CVS HEALTH CORP 5,348 $387,730 0.32% N/A N/A

6249584 DAELIM INDUSTRIAL CO LTD 4,454 $343,843 0.28% N/A N/A

6175203 DBS GROUP HOLDINGS LTD 7,600 $141,203 0.12% N/A N/A

BY9D0Y1 DIRECT LINE INSURANCE GROUP PLC 49,729 $256,336 0.21% N/A N/A

25470M109 DISH NETWORK CORP 6,202 $296,145 0.24% N/A N/A

B0R80X9 DUFRY AG 106 $15,763 0.01% N/A N/A

23355L106 DXC TECHNOLOGY CO 3,804 $360,999 0.30% N/A N/A

532457108 ELI LILLY & CO 13,525 $1,142,321 0.93% N/A N/A

7144569 ENEL SPA 93,028 $572,584 0.47% N/A N/A

7145056 ENI SPA 38,901 $644,093 0.53% N/A N/A

B0WCDV5 EQUITY GROUP HOLDINGS LTD 203,584 $78,908 0.06% N/A N/A

B66CTX7 FILA KOREA LTD 7,860 $600,890 0.49% N/A N/A

BYVSXD4 FIT HON TENG LTD 262,700 $177,871 0.15% N/A N/A

35671D857 FREEPORT-MCMORAN INC 8,727 $165,463 0.14% N/A N/A

35906AAW8 FRONTIER COMMUNICATIONS CORP 218,000 $165,407 0.14% 10.50% 09/15/22

35906AAZ1 FRONTIER COMMUNICATIONS CORP 228,000 $168,720 0.14% 11.00% 09/15/25

B1FW751 GALP ENERGIA SGPS SA 21,640 $397,893 0.33% N/A N/A

368287207 GAZPROM PJSC 76,900 $339,129 0.28% N/A N/A

369604103 GENERAL ELECTRIC CO 32,300 $563,635 0.46% N/A N/A

37045V100 CO 7,870 $322,591 0.26% N/A N/A

7698356 GETINGE AB 23,120 $335,391 0.27% N/A N/A

375558103 GILEAD SCIENCES INC 8,430 $603,925 0.49% N/A N/A

B7X3BR8 GINKO INTERNATIONAL CO LTD 19,000 $138,975 0.11% N/A N/A

0925288 GLAXOSMITHKLINE PLC 20,755 $370,678 0.30% N/A N/A

6698755 GLENMARK PHARMACEUTICALS LTD 33,649 $313,482 0.26% N/A N/A

BHK3BX7 GREEN SEAL HOLDING LTD 101,240 $220,791 0.18% N/A N/A

GRUPO FINANCIERO SANTANDER 40053C105 66,210 $483,995 0.40% N/A N/A MEXICO SAB DE CV

BD4GT29 GUOTAI JUNAN SECURITIES CO LTD 67,399 $150,104 0.12% N/A N/A

B282PJ5 HABIB BANK LTD 158,100 $238,506 0.20% N/A N/A

406216101 HALLIBURTON CO 4,760 $232,621 0.19% N/A N/A

B7T5KQ0 HANKOOK TIRE CO LTD 2,400 $122,768 0.10% N/A N/A

franklintempleton.lu 3 FTIF - Franklin Global Equity Strategies Fund December 31, 2017

Security Security Shares/ Market % of Coupon Maturity Identifier Name Positions Held Value TNA Rate Date

B00LR01 HANON SYSTEMS 27,160 $353,693 0.29% N/A N/A

HARTFORD FINANCIAL SERVICES 416515104 5,649 $317,925 0.26% N/A N/A GROUP INC

423452101 HELMERICH & PAYNE INC 6,430 $415,635 0.34% N/A N/A

6327327 HERO MOTOCORP LTD 5,629 $333,750 0.27% N/A N/A

42824C109 HEWLETT PACKARD ENTERPRISE CO 14,640 $210,230 0.17% N/A N/A

DDD800715 HIGHTOWER HOLDING LLC 22,892 $54,455 0.04% N/A N/A

6474159 HITE JINRO CO LTD 7,740 $174,759 0.14% N/A N/A

6438564 HON HAI PRECISION INDUSTRY CO LTD 262,830 $843,409 0.69% N/A N/A

BVDPXG5 HSBC BANK PLC 7,625 $207,383 0.17% N/A 01/22/18

0540528 HSBC HOLDINGS PLC 25,974 $269,002 0.22% N/A N/A

6158163 HSBC HOLDINGS PLC 58,479 $598,423 0.49% N/A N/A

2623836 HUSKY ENERGY INC 20,200 $285,219 0.23% N/A N/A

HYUNDAI DEVELOPMENT CO- 6402428 14,810 $534,887 0.44% N/A N/A ENGINEERING & CONSTRUCTION

6451055 HYUNDAI MOTOR CO 1,905 $278,421 0.23% N/A N/A

BSZ2BY7 ICICI BANK LTD 251,492 $1,236,975 1.01% N/A N/A

B3MDMR8 IMARKETKOREA INC 8,150 $68,796 0.06% N/A N/A

45245E109 IMAX CORP 14,863 $344,078 0.28% N/A N/A

0454492 IMPERIAL BRANDS PLC 2,850 $121,852 0.10% N/A N/A

6205122 INFOSYS LTD 16,602 $270,991 0.22% N/A N/A

BZ57390 ING GROEP NV 11,033 $202,863 0.17% N/A N/A

BDCFZS6 INNOGY SE 14,608 $572,684 0.47% N/A N/A

B1YZ331 INTERCORP FINANCIAL SERVICES INC 2,000 $76,500 0.06% N/A N/A

460146103 INTERNATIONAL PAPER CO 4,160 $241,030 0.20% N/A N/A

6172817 INTERPARK HOLDINGS CORP 41,081 $151,642 0.12% N/A N/A

B94K2F7 I-SENS INC 5,335 $126,455 0.10% N/A N/A

2849739 ITAU UNIBANCO HOLDING SA 70,592 $917,696 0.75% N/A N/A

JOHNSON CONTROLS INTERNATIONAL BY7QL61 7,500 $285,825 0.23% N/A N/A PLC

46625H100 JPMORGAN CHASE & CO 9,490 $1,014,860 0.83% N/A N/A

B627LW9 JXTG HOLDINGS INC 22,511 $145,232 0.12% N/A N/A

6888794 KASIKORNBANK PCL 79,600 $584,108 0.48% N/A N/A

B3DF0Y6 KB FINANCIAL GROUP INC 10,159 $603,424 0.49% N/A N/A

49456B101 KINDER MORGAN INC 19,370 $350,015 0.29% N/A N/A

3319521 KINGFISHER PLC 195,055 $889,542 0.73% N/A N/A

5956078 KONINKLIJKE KPN NV 142,500 $497,185 0.41% N/A N/A

5986622 KONINKLIJKE PHILIPS NV 16,545 $626,090 0.51% N/A N/A

B4070X1 KT SKYLIFE CO LTD 8,620 $108,620 0.09% N/A N/A

6340078 KUNLUN ENERGY CO LTD 304,900 $317,667 0.26% N/A N/A

7110753 LAFARGEHOLCIM LTD 6,520 $367,705 0.30% N/A N/A

B0PYHC7 LANCASHIRE HOLDINGS LTD 22,791 $209,906 0.17% N/A N/A franklintempleton.lu 4 FTIF - Franklin Global Equity Strategies Fund December 31, 2017

Security Security Shares/ Market % of Coupon Maturity Identifier Name Positions Held Value TNA Rate Date

6451668 LARGAN PRECISION CO LTD 4,000 $542,016 0.44% N/A N/A

6218089 LENOVO GROUP LTD 73,305 $41,377 0.03% N/A N/A

69343P105 LUKOIL PJSC 2,600 $148,772 0.12% N/A N/A

BYZDW27 LUKOIL PJSC 9,200 $526,424 0.43% N/A N/A

B0HZY49 MAHLE-METAL LEVE SA 15,500 $111,695 0.09% N/A N/A

560317208 MAIL.RU GROUP LTD 20,336 $587,710 0.48% N/A N/A

B83VD95 MAN GROUP PLC 62,580 $174,769 0.14% N/A N/A

565849106 MARATHON OIL CORP 18,828 $318,758 0.26% N/A N/A

B3V5GG2 MASSMART HOLDINGS LTD 35,588 $401,373 0.33% N/A N/A

MATAHARI DEPARTMENT STORE TBK 6665878 354,600 $261,359 0.21% N/A N/A PT

6611570 MCB BANK LTD 136,900 $260,938 0.21% N/A N/A

B1FRH89 M DIAS BRANCO SA 16,500 $259,520 0.21% N/A N/A

G5960L103 MEDTRONIC PLC 13,722 $1,108,051 0.91% N/A N/A

58933Y105 MERCK & CO INC 11,160 $627,973 0.51% N/A N/A

4741844 MERCK KGAA 3,440 $370,426 0.30% N/A N/A

59156R108 METLIFE INC 6,190 $312,966 0.26% N/A N/A

BD6QT83 METRO AG 3,704 $73,993 0.06% N/A N/A

594918104 MICROSOFT CORP 14,242 $1,218,260 1.00% N/A N/A

BYSW6D0 MMC NORILSK NICKEL PJSC 13,721 $257,131 0.21% N/A N/A

BYSW6M9 MMC NORILSK NICKEL PJSC 15,800 $296,092 0.24% N/A N/A

BD3CQ16 MONETA MONEY BANK AS 55,285 $213,942 0.17% N/A N/A

61166W101 MONSANTO CO 3,540 $413,401 0.34% N/A N/A

B1FSSM3 NAGACORP LTD 552,000 $428,156 0.35% N/A N/A

6622691 NASPERS LTD 10,885 $3,036,123 2.48% N/A N/A

6560393 NAVER CORP 480 $391,240 0.32% N/A N/A

63934E108 NAVISTAR INTERNATIONAL CORP 14,419 $618,286 0.51% N/A N/A

BYQ32R1 NEMAK SAB DE CV 163,000 $118,296 0.10% N/A N/A

64110W102 NETEASE INC 1,284 $443,069 0.36% N/A N/A

64115T104 NETSCOUT SYSTEMS INC 2,000 $60,900 0.05% N/A N/A

DDD540331 NEWPAGE CORP 176,000 $0 0.00% N/A N/A

6642860 NISSAN MOTOR CO LTD 25,600 $255,238 0.21% N/A N/A

BNG8PQ9 NN GROUP NV 15,473 $670,549 0.55% N/A N/A

5902941 NOKIA OYJ 41,919 $195,846 0.16% N/A N/A

654902204 NOKIA OYJ 37,204 $173,370 0.14% N/A N/A

66987V109 NOVARTIS AG 7,637 $641,202 0.52% N/A N/A

7103065 NOVARTIS AG 990 $83,723 0.07% N/A N/A

67059N108 NUTANIX INC 4,500 $158,760 0.13% N/A N/A

68389X105 ORACLE CORP 17,690 $836,383 0.68% N/A N/A

6572707 PANASONIC CORP 41,500 $607,483 0.50% N/A N/A

B05DVL1 PCHOME ONLINE INC 31,309 $144,582 0.12% N/A N/A franklintempleton.lu 5 FTIF - Franklin Global Equity Strategies Fund December 31, 2017

Security Security Shares/ Market % of Coupon Maturity Identifier Name Positions Held Value TNA Rate Date

B4PLX17 PEGATRON CORP 115,200 $279,583 0.23% N/A N/A

713448108 PEPSICO INC 2,518 $301,958 0.25% N/A N/A

BGH1M56 PERRIGO CO PLC 5,780 $503,784 0.41% N/A N/A

PERUSAHAAN GAS NEGARA PERSERO 6719764 570,500 $73,585 0.06% N/A N/A TBK PT

69331C108 PG&E CORP 4,582 $205,411 0.17% N/A N/A

BD5CPS4 PING AN BANK CO LTD 300,130 $613,484 0.50% N/A N/A

PING AN INSURANCE GROUP CO OF BP3R284 58,796 $632,450 0.52% N/A N/A CHINA LTD

72651A207 PLAINS GP HOLDINGS LP 9,500 $208,525 0.17% N/A N/A

693475105 PNC FINANCIAL SERVICES GROUP INC 1,976 $285,117 0.23% N/A N/A

6693233 POSCO 2,255 $702,459 0.57% N/A N/A

B015YY5 POSIFLEX TECHNOLOGY INC 34,252 $157,595 0.13% N/A N/A

BYXS699 QIAGEN NV 5,690 $178,795 0.15% N/A N/A

B00PN16 QUALITY HOUSES PCL 1,861,333 $185,161 0.15% N/A N/A

B2B0DG9 RELX PLC 16,856 $395,851 0.32% N/A N/A

BC9ZH86 RICHTER GEDEON NYRT 18,020 $471,647 0.39% N/A N/A

767754104 RITE AID CORP 19,066 $37,560 0.03% N/A N/A

7110388 ROCHE HOLDING AG 2,000 $505,978 0.41% N/A N/A

B03MLX2 ROYAL DUTCH SHELL PLC 9,247 $309,692 0.25% N/A N/A

B03MM40 ROYAL DUTCH SHELL PLC 27,768 $940,669 0.77% N/A N/A

B09CBL4 ROYAL DUTCH SHELL PLC 13,365 $445,541 0.36% N/A N/A

BKKMKR2 RSA INSURANCE GROUP PLC 56,469 $482,335 0.39% N/A N/A

6758455 RYOHIN KEIKAKU CO LTD 500 $155,743 0.13% N/A N/A

6771720 SAMSUNG ELECTRONICS CO LTD 2,225 $5,311,441 4.34% N/A N/A

B5B23W2 SANDS CHINA LTD 58,000 $299,544 0.24% N/A N/A

5671735 SANOFI 4,063 $350,253 0.29% N/A N/A

80585Y308 SBERBANK OF RUSSIA PJSC 51,424 $870,608 0.71% N/A N/A

B00ZQQ2 SES SA 38,378 $599,057 0.49% N/A N/A

5727973 SIEMENS AG 3,749 $522,448 0.43% N/A N/A

SINGAPORE TELECOMMUNICATIONS B02PY22 217,500 $580,542 0.47% N/A N/A LTD

6450267 SK HYNIX INC 9,100 $652,207 0.53% N/A N/A

B232R05 SK INNOVATION CO LTD 1,439 $275,700 0.23% N/A N/A

0141192 SKY PLC 57,351 $783,790 0.64% N/A N/A

5966516 SOCIETE GENERALE SA 9,382 $484,593 0.40% N/A N/A

6770620 SOFTBANK GROUP CORP 6,800 $538,279 0.44% N/A N/A

0408284 PLC 91,013 $958,809 0.78% N/A N/A

863667101 STRYKER CORP 2,117 $327,796 0.27% N/A N/A

6858849 SUMITOMO METAL MINING CO LTD 4,000 $183,804 0.15% N/A N/A

BBD7Q84 SUNTORY BEVERAGE & FOOD LTD 2,300 $102,258 0.08% N/A N/A

871503108 SYMANTEC CORP 15,855 $444,891 0.36% N/A N/A franklintempleton.lu 6 FTIF - Franklin Global Equity Strategies Fund December 31, 2017

Security Security Shares/ Market % of Coupon Maturity Identifier Name Positions Held Value TNA Rate Date

TAIWAN SEMICONDUCTOR 6889106 297,000 $2,297,552 1.88% N/A N/A MANUFACTURING CO LTD

6101167 TATA CHEMICALS LTD 11,763 $134,793 0.11% N/A N/A

B60NRB0 LTD 28,766 $109,990 0.09% N/A N/A

6744294 T&D HOLDINGS INC 10,588 $181,062 0.15% N/A N/A

5959378 TELEFONAKTIEBOLAGET LM ERICSSON 53,877 $353,676 0.29% N/A N/A

5732524 TELEFONICA SA 23,921 $233,190 0.19% N/A N/A

G87572163 TENCENT HOLDINGS LTD 30,900 $1,605,739 1.31% N/A N/A

TEVA PHARMACEUTICAL INDUSTRIES 881624209 49,111 $930,653 0.76% N/A N/A LTD

B15F664 THAI BEVERAGE PCL 482,400 $331,819 0.27% N/A N/A

969457100 THE WILLIAMS COS INC 10,303 $314,138 0.26% N/A N/A

5636927 THYSSENKRUPP AG 5,110 $148,461 0.12% N/A N/A

887317303 TIME WARNER INC 9,000 $823,230 0.67% N/A N/A

B10LQP6 TOTVS SA 13,100 $118,208 0.10% N/A N/A

6900182 TOYO TIRE & RUBBER CO LTD 19,600 $404,923 0.33% N/A N/A

90130A101 TWENTY-FIRST CENTURY FOX INC 24,930 $860,832 0.70% N/A N/A

BRJL176 UBS GROUP AG 32,952 $606,721 0.50% N/A N/A

BH4H4H0 UNICAJA BANCO SA 56,111 $88,461 0.07% N/A N/A

B29MKF5 UNI-PRESIDENT CHINA HOLDINGS LTD 348,300 $291,555 0.24% N/A N/A

911312106 UNITED PARCEL SERVICE INC 3,600 $428,940 0.35% N/A N/A

B28XTQ3 VALUE PARTNERS GROUP LTD 74,000 $78,614 0.06% N/A N/A

4031879 VEOLIA ENVIRONNEMENT SA 13,554 $345,975 0.28% N/A N/A

BH4HKS3 VODAFONE GROUP PLC 266,413 $845,476 0.69% N/A N/A

5497168 VOLKSWAGEN AG 2,725 $544,200 0.44% N/A N/A

BKWQ2N2 VOYA FINANCIAL INC 9,470 $468,480 0.38% N/A N/A

931427108 WALGREENS BOOTS ALLIANCE INC 11,262 $817,846 0.67% N/A N/A

254687106 WALT DISNEY CO 6,900 $741,819 0.61% N/A N/A

WEIFU HIGH-TECHNOLOGY GROUP CO 6944953 54,800 $117,205 0.10% N/A N/A LTD

949746101 WELLS FARGO & CO 9,540 $578,791 0.47% N/A N/A

2221984 WHEATON PRECIOUS METALS CORP 19,069 $421,547 0.34% N/A N/A

G98294104 XL GROUP LTD 9,000 $316,440 0.26% N/A N/A

N97284108 YANDEX NV 19,427 $636,234 0.52% N/A N/A

franklintempleton.lu 7 FTIF - Franklin Global Equity Strategies Fund December 31, 2017

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