Franklin Natural Resources Fund Q4 2024 Commentary
Source: SeekingAlpha
2025-03-26 22:24:00 ET
Summary
- Franklin Natural Resources Fund had exposure to six out of seven energy sector industries (coal mining was the sole exception); while they saw a mixture of absolute gains and losses, their relative performance was tilted mostly to the upside.
- The fourth quarter weakness in natural resources equities generally intensified in December as clarity around economic trends remained elusive.
- US natural gas markets had an interesting end to 2024 with spot prices spiking more than 20% at one point, one of the biggest single-day price jumps in the past several years.
Performance Data 1
Average Annual Total Returns 2 (%) ...
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Franklin Natural Resources Fund Q4 2024 Commentary
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