CANADA

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Streamlined Canadian Fund Line-Up

 

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On March 13, 2015, the following Franklin Templeton funds were merged:

  • Templeton Canadian Stock Fund into Franklin Bissett Canadian Equity Fund
  • Templeton Canadian Stock Corporate Class into Franklin Bissett Canadian Equity Corporate Class
  • Templeton Canadian Balanced Fund into Franklin Bissett Canadian Balanced Fund

We merged these funds in order to streamline our Canadian line-up by closing funds that had low assets under management and transitioning those investors to comparable Canadian strategies.

These changes were approved at a special meeting of investors on February 27, 2015. The mergers were executed on a tax-deferred basis.