Franklin Bissett Fixed Income Update: Fee Reductions

We are constantly looking to improve our product lines, pricing and services and are pleased to announce the following changes to the Franklin Bissett fixed income product suite:

  • Series A and F fees on all Franklin Bissett fixed income funds have been reduced by up to 20 basis points (bps) effective July 8, 2019.

  • To simplify pricing and our offerings, Series PA and PF for these funds will be merged into Series A and F, effective October 4, 2019.1
    With lower fees available through Series A and F, more Canadians than ever will be able to take advantage of preferred pricing.

  • Additionally, Series O management fee for the first AUM tier2 of Franklin Bissett Short Duration Bond Fund3 has been reduced by 5 bps to 0.45% on July 1, 2019.

 New Fees
Series ASeries F
Mgmt FeeAdmin FeeTotal4Fee changeMgmt FeeAdmin FeeTotal4Fee change
Franklin Bissett Canadian Bond Fund 1.00% 0.10% 1.10% -0.05% 0.50% 0.10% 0.60% -0.05%
Franklin Bissett Canadian Government Bond Fund 0.35% 0.10% 0.45% -0.15%
Franklin Bissett Core Plus Bond Fund 1.00% 0.10% 1.10% -0.15% 0.50% 0.10% 0.60% -0.13%
Franklin Bissett Corporate Bond Fund 1.00% 0.10% 1.10% -0.20% 0.50% 0.10% 0.60% -0.20%
Franklin Bissett Short Duration Bond Fund3 0.85% 0.10% 0.95% -0.20% 0.35% 0.10% 0.45% -0.20%