TORONTO, May 27, 2016 /CNW/ - Franklin Templeton Investments Corp. today announced changes to the risk ratings of the funds listed in the table below. These changes are reflected in the renewal of the simplified prospectus of the funds, which was filed on May 27, 2016.
| FUND |
2015 RISK RATING |
2016 RISK RATING |
| Canadian Balanced |
||
| Franklin Bissett Canadian All Cap Balanced Fund |
Low |
Low to medium |
| Franklin Bissett Canadian All Cap Balanced Corporate Class |
Low |
Low to medium |
| Franklin Bissett Dividend Income Fund |
Low |
Low to medium |
| Franklin Bissett Dividend Income Corporate Class |
Low |
Low to medium |
| Franklin Bissett Monthly Income and Growth Fund |
Low to medium |
Low |
| US Equity |
||
| Franklin Bissett U.S. Focus Fund |
Low to medium |
Medium |
| Franklin Bissett U.S. Focus Corporate Class |
Low to medium |
Medium |
| Global & International Equity |
||
| Franklin World Growth Fund |
Low to medium |
Medium |
| Franklin World Growth Corporate Class |
Low to medium |
Medium |
| Franklin Global Small Mid Cap Fund |
Medium to high |
Medium |
| Templeton Asian Growth Fund |
Medium to high |
Medium |
| Templeton Asian Growth Corporate Class |
Medium to high |
Medium |
| Templeton Global Bond Fund |
Low |
Low to medium |
| Franklin Mutual European Fund |
Low to medium |
Medium |
Methodology
A summary of the methodology used by Franklin Templeton to identify the risk rating of each Franklin Templeton mutual fund can be found in the fund's simplified prospectus, available at franklintempleton.ca. The methodology is also available at no cost by calling 1-800-387-0830 or by sending an email to [email protected].
The risk rating for each fund is reviewed at a minimum on an annual basis, as well as when a fund undergoes a material change. These changes are the result of an annual review. No material changes have been made to the investment objectives, strategies or management of these funds.
About Franklin Templeton Investments
Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment management to retail, institutional and sovereign wealth clients in over 180 countries. Through specialized teams, the company has expertise across all asset classes—including equity, fixed income, alternative and custom solutions. The company's more than 600 investment professionals are supported by its integrated, worldwide team of risk management professionals and global trading desk network. With offices in 35 countries, the California–based company has more than 65 years of investment experience and over US$747 billion (over C$936 billion) in assets under management as of April 30, 2016.
For more information, please visit franklintempleton.ca or connect with Franklin Templeton on Twitter (@FTI_Global) and read the Beyond Bulls & Bears blog featuring perspectives from Franklin Templeton investment professionals around the world.
Copyright © 2016. Franklin Templeton Investments. All rights reserved.
SOURCE Franklin Templeton Investments Corp.
Corporate Communications: Amie Lauder (416) 957-6560, franklintempleton.ca
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