FTWRX Fees and Costs — Templeton World Fund, Class R6
Data updated: 2026-07-27
The net expense ratio is 0.76%: a 0.70% management fee plus 0.08% other expenses, less a 0.02% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $3.1M in broker commissions, 0.1154% of average net assets, and portfolio turnover was 100%.
FTWRX Fees and Expenses
Annual operating expenses and sales charges of FTWRX. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.08% |
| Gross expense ratio | 0.78% |
| Fee waiver | −0.02% |
| Net expense ratio | 0.76% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
FTWRX Costs Over Time
On $10,000 invested in FTWRX, assuming 5% a year before costs, total costs come to $549 over 5 years, cutting the return by 0.92% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.76%) | $80 | $249 | $433 |
| Trading costs (broker commissions) | $12 | $38 | $66 |
| Lost growth on money paid in costs | $0 | $14 | $50 |
| Total costs | $92 | $301 | $549 |
| Value after costs | $10,408 | $11,275 | $12,214 |
| Impact on return, per year | 0.92% | 0.92% | 0.92% |
FTWRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.1154%
- Total broker commissions: $3.1M
- Bought from dealers (principal trades, not a cost): $16.5B
- Portfolio turnover (prospectus): 100%
- Securities on loan, average value: $33.5M
- Net income from securities lending: $46K (0.002% of average net assets)
FTWRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $545K | 23.72% |
| J.P. Morgan Securities LLC | $292K | 12.72% |
| Liquidnet, Inc. | $275K | 11.96% |
| Virtu Americas LLC | $245K | 10.65% |
| RBC Capital Markets, LLC | $227K | 9.89% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $199K | 8.65% |
| Goldman Sachs & Co. LLC | $144K | 6.27% |
| Piper Sandler & Co. | $129K | 5.62% |
| Morgan Stanley & Co. LLC | $125K | 5.44% |
| Jefferies LLC | $116K | 5.07% |
FTWRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| National Bank of Canada | $9.3B | 56.35% |
| RBC Capital Markets, LLC | $3.7B | 22.57% |
| Credit Agricole Securities (USA) Inc. | $3.2B | 19.51% |
| Bank of Montreal | $257.4M | 1.56% |
Templeton World Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FTWRX | Class R6 | 0.76% | none |
| TWDAX | Advisor Class | 0.80% | none |
| TEMWX | Class A | 1.05% | 5.50% |
| TEWTX | Class C | 1.80% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.