TORONTO, April 6 /CNW/ - Franklin Templeton Investments Corp. today
announced that, in connection with the proposed merger of Bissett
Multinational Growth Corporate Class (the "Terminating Fund") into
Franklin World Growth Corporate Class (the "Continuing Fund"),
securityholders of the Continuing Fund will vote at a special meeting
of securityholders to be held on or about June 10, 2011 in Toronto.
While subject to both securityholder and regulatory approval, the
proposed merger will be implemented on or about the close of business
on June 24, 2011.
Securityholders of each of the Terminating Fund and Continuing Fund will
receive an information circular in May 2011 detailing the particulars
of the proposed merger.
Franklin Templeton Investments
Franklin Templeton Investments Corp. is a wholly owned subsidiary of
Franklin Resources, Inc. (NYSE: BEN), a global investment organization
operating as Franklin Templeton Investments. Franklin Templeton
Investments provides global and domestic investment management
solutions managed by its Franklin, Templeton, Bissett, Mutual Series,
Fiduciary Trust and Darby investment teams. The San Mateo, CA-based
company has more than 60 years of investment experience and
approximately US$693 billion (C$673 billion) in assets under management
as of February 28, 2011.
Franklin Templeton Investments Corp. has more than 600 employees
providing services to more than one million unitholder accounts and
more than 200 pension funds, foundations and other institutional
investors. Additional information on Franklin Templeton Investments
Corp. can be found at www.franklintempleton.ca.
SOURCE Franklin Templeton Investments Corp.
For further information:
Sarah Kingdon, Franklin Templeton Investments Corp., 416.957.6191