Franklin Templeton Update: Fee Reductions

In an ongoing effort to simplify our product lines and improve our pricing and services, we are pleased to announce the following changes to our product suite:

  • Series A, F, T and O fees have been reduced for certain funds (see table below for fee reduction details and effective dates).
  • Series PA and PF for Franklin Bissett Canada Plus Equity Fund will be merged into Series A and F respectively and Series PA, PF and PT for Franklin Bissett Monthly Income and Growth Fund will be merged into Series A, F and T respectively on April 24, 2020. Effective February 1, 2020, these series are soft-capped to new purchases and auto-switches. After the merger, investors will continue to receive preferred pricing in Series A, F and T.

Investors are encouraged to speak to their financial advisor about these changes. Franklin Templeton’s client service team is also available at 1-800-387-0830 or service@franklintempleton.ca.

Fund NameNew FeesFee Savings
SeriesMgmt. FeeAdmin. FeeMgmt. Fee WaiverTotal FeesTotalEffective Date in 2020

Franklin Bissett Canada Plus Equity Fund

A

1.60

0.10

-

1.70

-0.43

Feb. 1

F

0.60

0.10

-

0.70

-0.43

Feb. 1

PA

1.60

0.10

-

1.70

-0.20

Feb. 1

PF

0.60

0.10

-

0.70

-0.20

Feb. 1

O1

0.70

-

-

0.70

-0.20

Apr. 1

O2

0.65

-

-

0.65

-0.10

Apr. 1

O3

0.60

-

-

0.60

-0.05

Apr. 1

Templeton Emerging Markets Fund

A

1.95

0.25

-

2.20

-0.40

Feb. 1

F

0.95

0.25

-

1.20

-0.40

Feb. 1

Templeton Emerging Markets Corporate Class

A

1.95

0.25

-

2.20

-0.40

Feb. 1

F

0.95

0.25

-

1.20

-0.40

Feb. 1

Franklin Bissett Monthly Income and Growth Fund

A / T

1.60

0.10

-

1.70

-0.21

Feb. 1

F

0.60

0.10

-

0.70

-0.21

Feb. 1

PA / PT

1.60

0.10

-

1.70

-0.10

Feb. 1

PF / FT*

0.60

0.10

-

0.70

-0.10

Feb. 1

O1

0.70

-

-

0.70

-0.10

Apr. 1

O2

0.65

-

-

0.65

-0.10

Apr. 1

O3

0.60

-

-

0.60

-0.05

Apr. 1

Franklin Global Growth Fund

A / T

2.00

0.22

-

2.22

-0.11

Feb. 1

F

1.00

0.22

-

1.22

-0.11

Feb. 1

Franklin Global Growth Corporate Class

A / T

2.00

0.22

-

2.22

-0.11

Feb. 1

F

1.00

0.22

-

1.22

-0.11

Feb. 1

Franklin U.S. Rising Dividends Fund

A / A (Hedged) / T / T(Hedged)

2.00

0.17

-

2.17

-0.11

Feb. 1

F / F(Hedged)

1.00

0.17

-

1.17

-0.11

Feb. 1

Franklin U.S. Rising Dividends Corporate Class

A / T

2.00

0.17

-

2.17

-0.11

Feb. 1

F

1.00

0.17

-

1.17

-0.11

Feb. 1

Franklin U.S. Rising Dividends Hedged Corporate Class

A / T

2.00

0.17

-

2.17

-0.11

Feb. 1

F

1.00

0.17

-

1.17

-0.11

Feb. 1

Templeton International Stock Fund

A / T

2.00

0.25

-

2.25

-0.10

Feb. 1

F

1.00

0.25

-

1.25

-0.10

Feb. 1

Templeton International Stock Corporate Class

A / T

2.00

0.25

-

2.25

-0.10

Feb. 1

F

1.00

0.25

-

1.25

-0.10

Feb. 1

Franklin Bissett Canadian Equity Fund4

A

2.00

0.15

-

2.15

-0.08

Feb. 1

Franklin Bissett Canadian Equity Corporate Class

A / T

2.00

0.15

-

2.15

-0.08

Feb. 1

F

1.00

0.15

-0.10

1.05

-0.01

Feb. 1

Franklin Bissett Canadian Dividend Fund

A

1.90

0.15

-

2.05

-0.07

Feb. 1

F

0.90

0.15

-

1.05

-0.01

Feb. 1

Franklin Bissett Canadian Dividend Corporate Class

A / T

1.90

0.15

-

2.05

-0.07

Feb. 1

F/ FT

0.90

0.15

-

1.05

-0.01

Feb. 1

Franklin Bissett Dividend Income Fund5

A / T

1.90

0.15

-

2.05

-0.06

Feb. 1

Franklin Bissett Dividend Income Corporate Class

A / T

1.90

0.15

-

2.05

-0.06

Feb. 1

F

0.90

0.15

-

1.05

-0.01

Feb. 1

Franklin U.S. Monthly Income Fund

A / T

/ T-USD

1.85

0.13

-

1.98

-0.06

Feb. 1

F / FT

0.85

0.13

-

0.98

-0.06

Feb. 1

Franklin U.S. Monthly Income Corporate Class

A / T

/ T-USD

1.85

0.13

-

1.98

-0.06

Feb. 1

F / FT

0.85

0.13

-

0.98

-0.06

Feb. 1

Franklin U.S. Monthly Income Hedged Corporate Class

A / T

1.85

0.13

-

1.98

-0.06

Feb. 1

F / FT

0.85

0.13

-

0.98

-0.06

Feb. 1