Multi-cap Mutual Funds at Putnam Investments

Choose growth, value — or a blend of both





funds are managed by veteran portfolio managers who have the flexibility to invest in the widest range of stocks within their style universe. Supported by a strong research team, the managers use their stock-picking expertise to identify opportunities and manage risk.

Putnam Multi-Cap Value Fund targets companies whose stocks are priced below their long-term potential, and where there may be a catalyst for positive change.

Putnam Multi-Cap Core Fund uses a blend strategy, investing in both growth stocks and value stocks, seeking capital appreciation for investors.

Putnam Multi-Cap Growth Fund targets stocks of companies that are believed to offer above-average growth potential.

For detailed information about any Putnam fund, visit our mutual funds page.
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Consider these risks before investing:

The funds may invest a portion of their assets in small and/or midsize companies. Such investments increase the risk of greater growth — or price fluctuations. Growth stocks may be more susceptible to earnings disappointments, and value stocks may fail to rebound. The market may not favor value-style investing. The use of short selling may result in losses if the securities appreciate in value.

Investors should carefully consider the investment objectives, risks, charges, and expenses of a fund before investing. For a prospectus, or a summary prospectus if available, containing this and other information for any Putnam fund or product, call your financial representative or call Putnam at 1-800-225-1581. Please read the prospectus carefully before investing.