Franklin Templeton Announces Risk Rating Changes to Certain Funds

TORONTO, May 27, 2016 /CNW/ - Franklin Templeton Investments Corp. today announced changes to the risk ratings of the funds listed in the table below. These changes are reflected in the renewal of the simplified prospectus of the funds, which was filed on May 27, 2016.

FUND

2015 RISK RATING

2016 RISK RATING

Canadian Balanced



Franklin Bissett Canadian All Cap Balanced Fund

Low

Low to medium

Franklin Bissett Canadian All Cap Balanced Corporate Class         

Low

Low to medium

Franklin Bissett Dividend Income Fund                                                 

Low

Low to medium

Franklin Bissett Dividend Income Corporate Class                           

Low

Low to medium

Franklin Bissett Monthly Income and Growth Fund

Low to medium

Low

US Equity



Franklin Bissett U.S. Focus Fund                                                              

Low to medium

Medium

Franklin Bissett U.S. Focus Corporate Class                                                   

Low to medium

Medium

Global & International Equity



Franklin World Growth Fund

Low to medium

Medium

Franklin World Growth Corporate Class

Low to medium

Medium

Franklin Global Small Mid Cap Fund

Medium to high

Medium

Templeton Asian Growth Fund

Medium to high

Medium

Templeton Asian Growth Corporate Class

Medium to high

Medium

Templeton Global Bond Fund

Low

Low to medium

Franklin Mutual European Fund

Low to medium

Medium

Methodology

A summary of the methodology used by Franklin Templeton to identify the risk rating of each Franklin Templeton mutual fund can be found in the fund's simplified prospectus, available at franklintempleton.ca. The methodology is also available at no cost by calling 1-800-387-0830 or by sending an email to service@franklintempleton.ca.

The risk rating for each fund is reviewed at a minimum on an annual basis, as well as when a fund undergoes a material change. These changes are the result of an annual review. No material changes have been made to the investment objectives, strategies or management of these funds.

About Franklin Templeton Investments
Franklin Resources, Inc. [NYSE: BEN] is a global investment management organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment management to retail, institutional and sovereign wealth clients in over 180 countries. Through specialized teams, the company has expertise across all asset classes—including equity, fixed income, alternative and custom solutions. The company's more than 600 investment professionals are supported by its integrated, worldwide team of risk management professionals and global trading desk network. With offices in 35 countries, the California–based company has more than 65 years of investment experience and over US$747 billion (over C$936 billion) in assets under management as of April 30, 2016.

For more information, please visit franklintempleton.ca or connect with Franklin Templeton on Twitter (@FTI_Global) and read the Beyond Bulls & Bears blog featuring perspectives from Franklin Templeton investment professionals around the world.

Copyright © 2016. Franklin Templeton Investments. All rights reserved.

SOURCE Franklin Templeton Investments Corp.

For further information: Corporate Communications: Amie Lauder (416) 957-6560, franklintempleton.ca

RELATED LINKS
http://www.franklintempleton.ca

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