Unitholders of Franklin Templeton Canadian Small Cap have voted in favour of merging the fund into Bissett Small Cap Fund, Franklin Templeton Investments Corp. said Friday.

The merger will take effect at the close of business on November 26.

Unitholders of the terminating fund will receive units of the continuing fund on a dollar-for-dollar and series-by-series basis.

Unitholders will not be required to pay any redemption fees, sales charges or other fees associated with the termination of the fund. All costs associated with the termination of the fund will be borne by Franklin Templeton.

IE