497 1 a_globalsectsupp.htm PUTNAM FUNDS TRUST a_globalsectsupp.htm
Statement of Additional Information Supplement  October 25, 2013 

Putnam Global Consumer Fund   
Putnam Global Energy Fund   
Putnam Global Financials Fund   
Putnam Global Health Care Fund   
Putnam Global Industrials Fund   
Putnam Global Natural Resources Fund   
Putnam Global Technology Fund   
Putnam Global Telecommunications Fund   
Putnam Global Utilities Fund   

 

Statement of Additional Information dated December 30, 2012

In the section INVESTMENT RESTRICTIONS the enumeration of non-fundamental investment restrictions is replaced with the following:

The following non-fundamental investment policies may be changed by the Trustees without shareholder approval:

(1) The fund will not invest in (a) securities which are not readily marketable, (b) securities restricted as to resale (excluding securities determined by the Trustees of the fund (or the person designated by the Trustees of the fund to make such determinations) to be readily marketable), and (c) repurchase agreements maturing in more than seven days, if, as a result, more than 15% of the fund's net assets (taken at current value) would be invested in securities described in (a), (b) and (c).

(2) The fund will not acquire any securities of registered open-end investment companies or registered unit investment trusts in reliance on Sections 12(d)(1)(F) or (G) of the Investment Company Act of 1940, as amended.

(3) Global Health Care Fund only: The fund will not issue any class of securities which is senior to the fund’s shares of beneficial interest, except for permitted borrowings.

(4) Global Consumer Fund and Global Financials Fund only: With respect to 75% of its total assets, the fund may not and will not invest in securities of any issuer if, immediately after such investment, more than 5% of the total assets of the fund (taken at current value) would be invested in the securities of such issuer; provided that this limitation does not apply to obligations issued or guaranteed as to interest or principal by the U.S. government or its agencies or instrumentalities or to securities issued by other investment companies.

(5) Global Consumer Fund and Global Financials Fund only: With respect to 75% of its total assets, the fund may not and will not acquire more than 10% of the outstanding voting securities of any issuer.

All percentage limitations on investments (other than pursuant to non-fundamental restriction (1)) will apply at the time of the making of an investment and shall not be considered violated



unless an excess or deficiency occurs or exists immediately after and as a result of such investment.

The Global Consumer Fund and Global Financials Fund are currently operating as diversified funds consistent with non-fundamental restrictions (4) and (5) above. Each fund had previously operated as a non-diversified fund and may operate as a non-diversified fund in the future to the extent permitted by applicable law. Under current law, shareholder approval would be required for the funds to resume operating as non-diversified.

The Trust has filed an election under Rule 18f-1 under the Investment Company Act of 1940 committing each fund that is a series of the Trust to pay all redemptions of fund shares by a single shareholder during any 90-day period in cash, up to the lesser of (i) $250,000 or (ii) 1% of such fund's net assets measured as of the beginning of such 90-day period.