TORONTO, Dec. 18, 2013 /CNW/ - Franklin Templeton Investments Corp.
today announced allocation range changes for its Franklin Quotential
Portfolios as well as a fee realignment for certain global fixed income
Franklin Quotential Portfolios
Effective December 19, 2013, Franklin Quotential Portfolios will broaden
the equity and fixed income allocation ranges to better align with each
fund's respective category limit, as outlined by the Canadian
Investment Funds Standards Committee. Additionally, foreign securities
limits have been removed from the investment strategies of each
Franklin Quotential Portfolio.
These changes will provide the Franklin Quotential Portfolios with added
flexibility to adjust to changing market conditions, without
compromising the core investment philosophy and objectives of the
Franklin Quotential Portfolios.
Global Fixed Income Funds
In response to increasing demand for fee-based purchase options,
Franklin Templeton will decrease the management fee for Series F units
in Templeton Global Bond Fund and Templeton Global Bond Fund (Hedged)
from 1.25 per cent to 0.75 per cent, effective January 1, 2014.
Investors in these funds will benefit from industry standard pricing,
ensuring lower and competitive fees for new and existing investors.
About Franklin Templeton Investments
Franklin Templeton Investments Corp. is a wholly owned subsidiary of
Franklin Resources, Inc. (NYSE: BEN), 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, Franklin
Mutual Series, Franklin Bissett, Fiduciary Trust, Darby, Balanced
Equity Management and K2 investment teams. The San Mateo, CA-based
company has more than 65 years of investment experience and over US$870
billion (C$924 billion) in assets under management as of November 30,
Copyright © 2013. Franklin Templeton Investments Corp. All rights
SOURCE: Franklin Templeton Investments Corp.
For further information:
Amie Lauder, Corporate Communications, Franklin Templeton Investments, firstname.lastname@example.org, 416.957.6560