As the investment objective of Bissett Focus Balanced Corporate Class is to invest substantially all of its assets in units of Bissett Focus Balanced Fund, securityholders of the Corporate Class fund are also being asked to approve a similar investment objective change. If approved, Bissett Focus Balanced Corporate Class will change its investment objective to seek a balance of current income and long-term capital appreciation by investing substantially all of its assets in units of (the newly renamed) Franklin Bissett Canadian All Cap Balanced Fund. If the change in objective is approved, the Corporate Class fund's name will be changed to Franklin Bissett Canadian All Cap Balanced Corporate Class and management fees for Series A, F, I and T of the fund will be reduced.Bissett Focus Balanced Corporate Class is part of Franklin Templeton's Corporate Class structure, which allows investors to switch between funds and portfolios while deferring any taxable dispositions until they redeem from the structure.
Franklin Templeton Investments Proposes Changes For Two Bissett Balanced Fund Mandates
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