Franklin Templeton introduces new preferred pricing

“Series M offers further fee reductions relative to our existing fee-for-service Series F and it provides investors with growing assets a way to simplify their investment portfolio without sacrificing diversification, all at a relatively low investment minimum,” said Philip Bensen, head of National Sales – Canada for Franklin Templeton Investments, in a release.

At a minimum investment threshold of $100,000 based on total household assets, Series M gives advisors and their clients an easy way to build portfolios from 13 different investment options, covering a variety of asset classes.

Franklin Templeton says the new series offers competitive management fees that put more of investors’ money to work without the need for additional dealer or account-level distribution agreements.

Series M takes advantage of the corporate class structure where available, making rebalancing and financial planning easier and more tax efficient.

Furthermore, with a fixed rate administration fee, Series M offers greater fee transparency and fee predictability, which help investors better understand the ongoing costs of investing in a fund.

The following Franklin Templeton funds are available in Series M:

Fund name	Management Fee	Fixed Rate Administration Fee
Fixed Income
Franklin Bissett Corporate Bond Fund	0.45%	0.15%
Templeton Global Bond Fund	0.65%	0.22%
Balanced
Franklin Quotential Diversified Income Corporate Class Portfolio	0.63%	0.17%
Franklin Quotential Balanced Growth Corporate Class Portfolio	0.65%	0.24%
Franklin Bissett Canadian Balanced Corporate Class	0.60%	0.19%
Franklin Bissett Dividend Income Corporate Class	0.70%	0.16%
Templeton Global Balanced Fund	0.65%	0.23%
Equity
Franklin Bissett Canadian Equity Corporate Class	0.65%	0.23%
Franklin Bissett Canadian High Dividend Corporate Class	0.75%	0.25%
Franklin U.S. Rising Dividends Corporate Class	0.65%	0.28%
Franklin Global Small-Mid Cap Fund	0.75%	0.30%
Templeton Growth Corporate Class	0.60%	0.35%
Franklin Mutual Global Discovery Corporate Class	0.75%	0.33%

Newly launched Franklin Global Small-Mid Cap Fund

The Series M fund line-up includes the newly launched Franklin Global Small-Mid Cap Fund. The und seeks to capitalize on the above average capital gain potential of small- and mid-cap global companies in developed countries around the world.

The fund is managed by lead portfolio manager Edwin Lugo, who has more than 18 years of investment experience, including eight years managing small-cap strategies for Franklin Templeton. In addition to Series M, the fund is also available in Series A, F, I and O.

The looks for a select group of high quality companies with market capitalizations of less than US$8 billion that are trading at attractive valuations, while focusing on downside risk.