Franklin Templeton Investments Corp. releases year-end distribution estimates



    TORONTO, Nov. 27 /CNW/ - Franklin Templeton Investments Corp. announced
that the following Canadian mutual funds will be paying their annual
distributions of income and realized capital gains on December 20, 2007 to
unitholders of record as of the close of business on December 19, 2007. The
estimated distributions in Canadian dollars are set out in the table below.
The monthly Return of Capital payments on Series T and S will be made on
December 27, 2007 to unitholders of record as of the close of business on
December 24, 2007.(*)

    
    -------------------------------------------------------------------------
                                                    Capital
    Name of Fund                    Series  Income   Gains    Total     % of
                                              $        $        $        NAV
    -------------------------------------------------------------------------
    Bissett All Canadian Focus Fund    A     0.24     1.12     1.36      7.8
    -------------------------------------------------------------------------
    Bissett All Canadian Focus Fund    F     0.25     1.16     1.41      7.8
    -------------------------------------------------------------------------
    Bissett Bond Fund                  A     0.05        -     0.05      0.4
    -------------------------------------------------------------------------
    Bissett Bond Fund                  F     0.05        -     0.05      0.4
    -------------------------------------------------------------------------
    Bissett Canadian Equity Fund       A     0.75     6.42     7.17      8.2
    -------------------------------------------------------------------------
    Bissett Canadian Equity Fund       F     0.81     6.99     7.80      8.2
    -------------------------------------------------------------------------
    Bissett Canadian Short Term
     Bond Fund                         A     0.03        -     0.03      0.3
    -------------------------------------------------------------------------
    Bissett Canadian Short Term
     Bond Fund                         F     0.03        -     0.03      0.3
    -------------------------------------------------------------------------
    Bissett Dividend Income Fund       A     0.18        -     0.18      0.7
    -------------------------------------------------------------------------
    Bissett Dividend Income Fund       F     0.20        -     0.20      0.7
    -------------------------------------------------------------------------
    Bissett Dividend Income Fund       T     0.11        -     0.11      0.8
    -------------------------------------------------------------------------
    Bissett Income Fund                A     0.16     0.51     0.68      4.3
    -------------------------------------------------------------------------
    Bissett Income Fund                F     0.18     0.55     0.73      4.3
    -------------------------------------------------------------------------
    Bissett Income Trust and
     Dividend Fund                     A     0.15     0.35     0.50      3.6
    -------------------------------------------------------------------------
    Bissett Income Trust and
     Dividend Fund                     F     0.16     0.37     0.53      3.6
    -------------------------------------------------------------------------
    Bissett International Equity Fund  A     0.31     0.44     0.75      6.6
    -------------------------------------------------------------------------
    Bissett International Equity Fund  F     0.33     0.48     0.81      6.6
    -------------------------------------------------------------------------
    Bissett Large Cap Fund             A     0.15     0.73     0.88      4.8
    -------------------------------------------------------------------------
    Bissett Large Cap Fund             F     0.16     0.79     0.95      4.8
    -------------------------------------------------------------------------
    Bissett Microcap Fund              A        -     3.19     3.19     12.0
    -------------------------------------------------------------------------
    Bissett Microcap Fund              F        -     3.47     3.47     12.0
    -------------------------------------------------------------------------
    Bissett Multinational Growth Fund  A     0.15        -     0.15      0.7
    -------------------------------------------------------------------------
    Bissett Multinational Growth Fund  F     0.16        -     0.16      0.7
    -------------------------------------------------------------------------
    Bissett Multinational Growth Fund  T     0.06        -     0.06      0.7
    -------------------------------------------------------------------------
    Bissett Small Cap Fund             A     0.60     5.24     5.85      8.2
    -------------------------------------------------------------------------
    Bissett Small Cap Fund             F     0.65     5.63     6.28      8.2
    -------------------------------------------------------------------------
    Franklin High Income Fund          A     0.11        -     0.11      1.5
    -------------------------------------------------------------------------
    Franklin High Income Fund          F     0.12        -     0.12      1.5
    -------------------------------------------------------------------------
    Franklin Strategic Income Fund     A     0.06     0.28     0.34      4.5
    -------------------------------------------------------------------------
    Franklin Strategic Income Fund     F     0.07     0.29     0.35      4.5
    -------------------------------------------------------------------------
    Franklin Templeton Canadian
     Small Cap Fund                    A     0.19     0.26     0.45      2.4
    -------------------------------------------------------------------------
    Franklin Templeton Canadian
     Small Cap Fund                    F     0.19     0.26     0.45      2.3
    -------------------------------------------------------------------------
    Franklin Templeton U.S. Rising
     Dividends Fund                    A     0.55        -     0.55      2.5
    -------------------------------------------------------------------------
    Franklin Templeton U.S. Rising
     Dividends Fund                    F     0.59        -     0.59      2.5
    -------------------------------------------------------------------------
    Franklin Templeton U.S. Rising
     Dividends Fund                    T     0.29        -     0.29      2.5
    -------------------------------------------------------------------------
    Mutual Beacon Fund                 A     0.25     0.68     0.93     12.8
    -------------------------------------------------------------------------
    Mutual Beacon Fund                 F     0.27     0.74     1.00     12.8
    -------------------------------------------------------------------------
    Mutual Beacon Fund                 T     0.45     1.24     1.68     12.8
    -------------------------------------------------------------------------
    Mutual Discovery Fund              A     0.15     0.88     1.03      6.5
    -------------------------------------------------------------------------
    Mutual Discovery Fund              F     0.16     0.92     1.08      6.5
    -------------------------------------------------------------------------
    Mutual Discovery Fund              T     0.13     0.77     0.90      6.5
    -------------------------------------------------------------------------
    Templeton Balanced Fund            A     0.05     0.89     0.93      9.1
    -------------------------------------------------------------------------
    Templeton Canadian Asset
     Allocation Fund                   A        -     0.76     0.76      8.4
    -------------------------------------------------------------------------
    Templeton Canadian Asset
     Allocation Fund                   F        -     0.82     0.82      8.4
    -------------------------------------------------------------------------
    Templeton Canadian Asset
     Allocation Fund                   T        -     0.98     0.98      8.4
    -------------------------------------------------------------------------
    Templeton Canadian Stock Fund      A        -     0.67     0.67      4.9
    -------------------------------------------------------------------------
    Templeton Canadian Stock Fund      F        -     0.72     0.72      4.9
    -------------------------------------------------------------------------
    Templeton Emerging Markets Fund    A     0.36     0.54     0.90      7.1
    -------------------------------------------------------------------------
    Templeton Emerging Markets Fund    F     0.39     0.59     0.98      7.1
    -------------------------------------------------------------------------
    Templeton Global Balanced Fund     A     0.08     0.02     0.10      1.5
    -------------------------------------------------------------------------
    Templeton Global Balanced Fund     F     0.09     0.02     0.11      1.5
    -------------------------------------------------------------------------
    Templeton Global Bond Fund         A     0.08        -     0.08      1.0
    -------------------------------------------------------------------------
    Templeton Global Bond Fund         F     0.08        -     0.08      1.0
    -------------------------------------------------------------------------
    Templeton Global Income Fund       A     0.03     0.07     0.10      1.1
    -------------------------------------------------------------------------
    Templeton Global Income Fund       F     0.03     0.07     0.11      1.1
    -------------------------------------------------------------------------
    Templeton Global Smaller
     Companies Fund                    A     0.11     1.09     1.20      6.0
    -------------------------------------------------------------------------
    Templeton Global Smaller
     Companies Fund                    F     0.12     1.18     1.30      6.0
    -------------------------------------------------------------------------
    Templeton International Stock
     Fund                              A     0.16        -     0.16      0.8
    -------------------------------------------------------------------------
    Templeton International Stock
     Fund                              F     0.18        -     0.18      0.8
    -------------------------------------------------------------------------
    Templeton International Stock
     Fund                              T     0.10        -     0.10      0.8
    -------------------------------------------------------------------------
    

    The Franklin U.S. Small-Mid Cap Growth Fund is not expected to make a
distribution on December 20, 2007, though this may change if there are changes
in any of the factors used to determine distributions.
    The mutual funds listed below will be paying their final distribution of
income and their annual distribution of realized capital gains on
December 21, 2007 to unitholders of record as of the close of business on
December 20, 2007. The estimated final income and capital gains distributions
in Canadian dollars are in the table below.

    
    -------------------------------------------------------------------------
                                                    Capital
    Name of Fund                    Series  Income   Gains    Total     % of
                                              $        $        $       NAV
    -------------------------------------------------------------------------
    Bissett Canadian Balanced Fund     A     0.37     1.18     1.55      5.6
    -------------------------------------------------------------------------
    Bissett Canadian Balanced Fund     F     0.41     1.29     1.69      5.6
    -------------------------------------------------------------------------
    Bissett Canadian Balanced Fund     T     0.17     0.53     0.69      5.6
    -------------------------------------------------------------------------
    Quotential Balanced Growth
     Portfolio                         A     0.09     0.22     0.30      4.3
    -------------------------------------------------------------------------
    Quotential Balanced Growth
     Portfolio                         F     0.09     0.23     0.32      4.3
    -------------------------------------------------------------------------
    Quotential Balanced Growth
     Portfolio                         S     0.17     0.43     0.61      4.3
    -------------------------------------------------------------------------
    Quotential Balanced Growth
     Portfolio                         T     0.17     0.42     0.58      4.3
    -------------------------------------------------------------------------
    Quotential Balanced Income
     Portfolio                         A     0.12     0.13     0.25      3.7
    -------------------------------------------------------------------------
    Quotential Balanced Income
     Portfolio                         F     0.13     0.14     0.26      3.7
    -------------------------------------------------------------------------
    Quotential Balanced Income
     Portfolio                         S     0.26     0.28     0.54      3.7
    -------------------------------------------------------------------------
    Quotential Balanced Income
     Portfolio                         T     0.24     0.26     0.50      3.7
    -------------------------------------------------------------------------
    Quotential Diversified Income
     Portfolio                         A     0.02     0.04     0.06      1.1
    -------------------------------------------------------------------------
    Quotential Diversified Income
     Portfolio                         F     0.02     0.04     0.06      1.1
    -------------------------------------------------------------------------
    Quotential Growth Portfolio        A     0.05     0.25     0.30      4.4
    -------------------------------------------------------------------------
    Quotential Growth Portfolio        F     0.05     0.26     0.31      4.4
    -------------------------------------------------------------------------
    Quotential Growth Portfolio        T     0.10     0.54     0.64      4.4
    -------------------------------------------------------------------------
    Quotential Maximum Growth
     Portfolio                         A        -     0.25     0.25      3.9
    -------------------------------------------------------------------------
    Quotential Maximum Growth
     Portfolio                         F        -     0.26     0.26      3.9
    -------------------------------------------------------------------------
    

    The funds listed below are not expected to make a distribution on
December 21, 2007, though this may change if there are changes in any of the
factors used to determine distributions:
    Quotential Canadian Growth Portfolio
    Quotential Global Balanced Portfolio
    Quotential Global Growth Portfolio

    The funds listed below will be paying their final distribution of income
and their annual distribution of realized capital gains on December 31, 2007
to unitholders of record as of the close of business on December 28, 2007. The
estimated final income and capital gains distributions in Canadian dollars are
set out in the table below.

    
    -------------------------------------------------------------------------
                                                    Capital
    Name of Fund                    Series  Income   Gains    Total     % of
                                               $       $        $       NAV
    -------------------------------------------------------------------------
    Bissett Corporate Bond Fund        A     0.03        -     0.03      0.3
    -------------------------------------------------------------------------
    Bissett Corporate Bond Fund        F     0.03        -     0.03      0.3
    -------------------------------------------------------------------------
    Bissett Canadian Core Plus
     Bond Fund                         A     0.12     0.00     0.12      1.2
    -------------------------------------------------------------------------
    Bissett Canadian Core Plus
     Bond Fund                         F     0.12     0.00     0.12      1.2
    -------------------------------------------------------------------------
    Franklin Templeton Global
     Aggregate Bond Fund               A        -     0.06     0.06      0.6
    -------------------------------------------------------------------------
    Franklin Templeton Global
     Aggregate Bond Fund               F        -     0.06     0.06      0.6
    -------------------------------------------------------------------------
    

    The Franklin U.S. Core Equity Fund is not expected to make a distribution
on December 31, 2007, though this may change if there are changes in any of
the factors used to determine distributions.
    Estimates have not been prepared for Franklin Templeton Corporate Class,
Ltd. as it will not declare required dividends, if any, until February 2008 or
for Templeton Growth Fund, Ltd., if any, which will declare its next dividend
in June 2008.

    Please note that these Canadian dollar amounts are estimates only. The
capital gains distribution of each fund is directly affected by the level of
redemptions experienced by the fund, the magnitude of the gains and losses
realized by the fund and the unrealized investment gain or loss of the fund as
at December 15, 2007. These estimates are also subject to normal market
conditions and trading patterns. Consequently, the actual amounts of the
distributions may be materially higher or lower than these estimated amounts.

    Franklin Templeton Investments Corp. is a wholly owned subsidiary of
Franklin Resources, Inc., a global investment organization operating as
Franklin Templeton Investments. In Canada, Franklin Templeton Investments
provides global and domestic investment advisory services to the Franklin,
Templeton, Bissett and Mutual Series funds and institutional accounts.
Franklin Templeton Investments Corp. has more than 700 employees providing
services to more than 1.8 million unitholder accounts and more than
200 pension funds, foundations and other institutional investors. Franklin
Templeton Investments Corp. can be found at www.franklintempleton.ca.

    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 solutions
managed by its Franklin, Templeton, Mutual Series and Fiduciary Trust
investment teams. The San Mateo, CA-based company has 60 years of investment
experience and more than US$669.3 billion (C$631.9 billion) in assets under
management as of October 31, 2007.

    (*) The Return of Capital amounts are not indicated in the tables.





For further information:

For further information: Media: Sarah Powley, Consultant, Public
Relations, (416) 957-6191; Other inquiries: Dennis Tew, Chief Financial
Officer and Senior V.P., (416) 957-6000


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