December 1, 2013
as amended March 28, 2014
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Before you invest, you may want to review the Fund's prospectus, which contains more information about the Fund and its risks.
You can find the Funds prospectus, statement of additional information and other information about the Fund online at
www.franklintempleton.com/prospectus. You can also get this information at no cost by calling (800) DIAL BEN/342-5236 or by
sending an e-mail request to prospectus@franklintempleton.com. The Fund's prospectus and statement of additional information, both dated December 1, 2013, as may be supplemented, are all incorporated by reference into this Summary Prospectus.
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Class A
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Class C
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Class R
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Class R6
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Advisor Class
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FNGAX
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Pending
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Pending
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FILRX
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FNGZX
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Franklin Global Trust
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SUMMARY PROSPECTUS
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Franklin
International Growth Fund
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Investment Goal
Long-term capital appreciation.
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 49 in the Fund's Prospectus and under Buying and Selling Shares on page 40 of the Funds
Statement of Additional Information.
SHAREHOLDER FEES
(fees paid directly from your investment)
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Class A
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Class C
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Class R
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Class R6
1
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Advisor
Class
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Maximum Sales Charge (Load) Imposed on Purchases (as percentage of offering price)
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5.75%
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None
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None
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None
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None
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Maximum Deferred Sales Charge (Load) (as percentage of the lower of original purchase price or sale proceeds)
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None
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1.00%
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None
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None
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None
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1. The Fund began offering Class R6 shares on May 1, 2013.
ANNUAL FUND OPERATING EXPENSES
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(expenses that you pay each year as a percentage of the value of your investment)
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Class A
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Class C
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Class R
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Class R6
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Advisor
Class
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Management fees
1
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0.95%
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0.95%
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0.95%
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0.95%
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0.95%
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Distribution and service (12b-1) fees
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0.30%
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1.00%
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0.50%
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None
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None
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Other expenses
1,
2
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0.28%
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0.28%
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0.28%
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0.19%
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0.28%
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Acquired fund fees and expenses
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0.01%
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0.01%
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0.01%
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0.01%
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0.01%
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Total annual Fund operating expenses
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1.54%
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2.24%
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1.74%
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1.15%
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1.24%
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Fee waiver and/or expense reimbursement
3
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-0.04%
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-0.04%
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-0.04%
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-0.04%
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-0.04%
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Total annual Fund operating expenses after fee waiver and/or expense
reimbursement
3,
4
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1.50%
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2.20%
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1.70%
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1.11%
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1.20%
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1. Management fees and other expenses have been restated to reflect current fiscal year fees and expenses as a result of the
bundling of the Fund's investment management agreement with its fund administration agreement effective May 1, 2013. Such
combined investment management fees are described further under "Management" in the Fund's prospectus. Total annual fund operating
expenses are not affected by such bundling.
2. Other expenses for Class R6 represent an estimate of expenses, including the effect of this Class's lower shareholder servicing
fees.
3. Management has contractually agreed to waive or assume certain expenses so that total annual Fund operating expenses (excluding
Rule 12b-1 fees and acquired fund fees and expenses) for each class of the Fund do not exceed (and could be less than) 1.19%
(other than certain non-routine expenses) until November 30, 2014. Management also has contractually agreed in advance to
reduce its fees as a result of the Fund's investment in a Franklin Templeton money fund (acquired fund) for at least the next
12-month period. Contractual fee waiver and/or expense reimbursement agreements may not be terminated during the terms set
forth above.
4. Total annual Fund operating expenses differ from the ratio of expenses to average net assets shown in the Financial Highlights,
which reflect the operating expenses of the Fund and do not include acquired fund fees and expenses.
Example
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual
funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your
shares at the end of the period. The Example also assumes that your investment has a 5% return each year and that the Fund's
operating expenses remain the same. The Example reflects adjustments made to the Fund's operating expenses due to the fee
waiver and/or expense reimbursement by management for the 1 Year numbers only. Although your actual costs may be higher or
lower, based on these assumptions your costs would be:
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1 Year
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3 Years
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5 Years
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10 Years
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Class A
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$ 719
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$ 1,030
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$ 1,363
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$ 2,302
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Class C
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$ 323
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$ 696
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$ 1,196
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$ 2,573
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Class R
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$ 173
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$ 544
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$ 940
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$ 2,049
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Class R6
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$ 113
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$ 361
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$ 629
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$ 1,395
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Advisor Class
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$ 122
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$ 390
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$ 677
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$ 1,497
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If you do not sell your shares:
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Class C
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$ 223
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$ 696
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$ 1,196
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$ 2,573
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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 26.06% of the average value of its portfolio.
Principal Investment Strategies
Under normal market conditions, the Fund invests predominantly in equity securities, primarily common stock, of mid- large-capitalization
companies located outside the U.S., including developing or emerging market countries. The Fund may invest up to 20% of its
net assets in emerging market countries. Mid- large-capitalization companies are generally companies with market capitalizations
of greater than $2 billion. The Fund invests predominantly in securities listed or traded on recognized international markets
in developed countries included in the Morgan Stanley Capital International (MSCI) Europe, Australasia, Far East (EAFE) Index.
The Fund, from time to time, may have significant investments in a particular sector or country.
The Fund's investment manager employs a disciplined, bottom-up investment approach to identify attractive investment opportunities
that have higher expected revenue and earnings growth than their peers. The investment manager uses a growth investment style
and in-depth, fundamental research to identify high-quality companies, across all industry groups, with sustainable business
models that offer the most attractive combination of growth, quality and valuation.
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 owned by the Fund will go up or down, sometimes rapidly or unpredictably. A securitys
market value 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.
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.
Growth Style Investing
Growth stock prices reflect projections of future earnings or revenues, and can, therefore, fall dramatically if the company
fails to meet those projections. Prices of these companies securities may be more volatile than other securities, particularly
over the short term.
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.
Midsize Companies
Securities issued by 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.
Focus
The technology sector has historically been volatile due to the rapid pace of product change and development within the sector.
Companies in the technology sector may be affected by worldwide technological developments, the success of their products
and services (which may be outdated quickly), anticipated products or services that are delayed or cancelled, and investor
perception of the company and/or its products or services. The activities of health care companies may be funded or subsidized
by federal and state governments and changes in funding may adversely affect the profitability of these companies. Technology
and health care companies may also be affected by legislation or changes in government regulation and policies.
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
Best Quarter:
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Q2'09
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29.68%
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Worst Quarter:
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Q3'11
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-21.13%
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As of September 30, 2013, the Fund's year-to-date return was 8.45%.
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AVERAGE ANNUAL TOTAL RETURNS
(figures reflect sales charges)
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For the periods ended December 31, 2013
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1 Year
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Since Inception
6/3/2008
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Franklin International Growth Fund - Class A
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Return Before Taxes
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15.49%
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0.01%
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Return After Taxes on Distributions
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15.45%
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-0.06%
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Return After Taxes on Distributions and Sale of Fund Shares
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10.37%
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0.05%
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Franklin International Growth Fund - Class C
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20.76%
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0.58%
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Franklin International Growth Fund - Class R
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22.26%
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1.06%
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Franklin International Growth Fund - Advisor Class
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22.93%
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1.59%
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MSCI EAFE Index (index reflects no deduction for fees, expenses or taxes)
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17.90%
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-2.75%
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Performance information for Class R6 shares is not shown because this class did not have a full calendar year of operations
as of the date of this prospectus.
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.
Investment Manager
Franklin Templeton Institutional, LLC (FT Institutional)
Portfolio Managers
DONALD G. HUBER, CFA
Portfolio Manager of FT Institutional and portfolio manager of the Fund since April 2014.
COLEEN F. BARBEAU
Executive Vice President of FT Institutional and portfolio manager of the Fund since 2008.
M. PAR ROSTOM, CFA
Portfolio Manager and Research Analyst of FT Institutional and portfolio manager of the Fund since 2008.
Purchase and Sale of Fund Shares
You may purchase or redeem shares of the Fund on any business day online through our website at franklintempleton.com, by
mail (Franklin Templeton Investor Services, P.O. Box 997151, Sacramento, CA 95899-7151), or by telephone at (800) 632-2301.
For Class A, C and R, the minimum initial purchase for most accounts is $1,000 (or $50 under an automatic investment plan).
Class R6 and Advisor Class are only available to certain qualified investors and the minimum initial investment will vary
depending on the type of qualified investor, as described under "Your Account Choosing a Share Class Qualified
Investors Class R6" and " Advisor Class" in the Fund's prospectus.
Taxes
The Funds distributions are generally taxable to you as ordinary income, capital gains, or some combination of both,
unless you are investing through a tax-deferred arrangement, such as a 401(k) plan or an individual retirement account, in
which case your distributions would generally be taxed when withdrawn from the tax-deferred account.
Payments to Broker-Dealers and
Other Financial Intermediaries
If you purchase the Fund through a broker-dealer or other financial intermediary (such as a bank), the Fund and its related
companies may pay the intermediary for the sale of Fund shares and related services. These payments may create a conflict
of interest by influencing the broker-dealer or other intermediary and your salesperson to recommend the Fund over another
investment. Ask your financial advisor or visit your financial intermediary's website for more information.
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Franklin Templeton Distributors, Inc.
One Franklin Parkway
San Mateo, CA 94403-1906
franklintempleton.com
Franklin
International Growth Fund
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Investment Company Act file #811-10157
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© 2014 Franklin Templeton Investments. All rights reserved.
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429 PSUM 03/14
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00070467
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