Mergers & Terminations

We're Streamlining Our Mutual Fund Lineup

Franklin Templeton has announced plans to streamline its fund lineup, including five mutual fund terminations and 11 fund mergers. The mergers were approved by investors in meetings held on November 1, 2019. See the tables below for details.

We're here to help. Call us at 1 (800) 387-0830 if you have any questions. And talk to your advisor about how these changes may impact your overall investment plan.

The links below are to the Series A, CAD version of each impacted fund. If you wish to view another Series or purchase option, follow the link and use the drop-down menu in the top right corner of each fund page.

Funds Terminated On November 15, 2019
Terminating Fund
Franklin Global Small-Mid Cap Fund
Franklin Mutual European Fund
Franklin Target Return Fund

Franklin Templeton is also terminating Templeton Asian Growth Fund and Templeton Frontier Markets Fund. The units of both funds are held exclusively by other Franklin Templeton mutual funds.

Funds Merged On November 15, 2019
Terminating FundContinuing FundTax Impact
Franklin Quotential Fixed Income Portfolio Franklin Bissett Core Plus Bond Fund Tax-deferred merger
Franklin Select U.S. Equity Fund Franklin U.S. Opportunities Fund Tax-deferred merger
Templeton Asian Growth Corporate Class1 Templeton Emerging Markets Fund Taxable merger
Templeton Frontier Markets Corporate Class Templeton Emerging Markets Fund Taxable merger

1Investors in series I of Templeton Asian Growth Corporate Class did not approve the proposed merger. As a result, the merger will proceed, but Franklin Templeton will redeem the fund’s series I shares prior to the merger.

Funds Merged On November 22, 2019
Terminating FundContinuing FundTax Impact
Franklin Bissett Canadian All Cap Balanced Corporate Class Franklin Bissett Monthly Income and Growth Fund Taxable merger
Franklin Bissett Canadian All Cap Balanced Fund Franklin Bissett Monthly Income and Growth Fund Tax-deferred merger
Franklin Bissett Energy Corporate Class Franklin Bissett Canadian Equity Fund Taxable merger
Franklin Bissett Microcap Fund Franklin Bissett Small Cap Fund Taxable merger
Franklin Bissett Small Cap Corporate Class Franklin Bissett Small Cap Fund Taxable merger
Franklin Mutual U.S. Shares Corporate Class Franklin U.S. Rising Dividends Fund Taxable merger
Franklin Mutual U.S. Shares Fund Franklin U.S. Rising Dividends Fund Tax-deferred merger

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