Franklin Templeton Announces Risk Rating Changes for Certain Funds

TORONTO, June 5, 2017 /CNW/ - Franklin Templeton Investments Canada today announced changes to the risk ratings of Franklin Templeton Canadian Large Cap Fund, Franklin U.S. Monthly Income Hedged Corporate Class and Franklin U.S. Rising Dividends Hedged Corporate Class. These changes, as listed in the table below, will be reflected in the funds' annual simplified prospectus renewal, which is expected to be filed on June 6, 2017.

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 by calling 1-800-387-0830 or by sending an email to service@franklintempleton.ca.

The risk rating for each fund is reviewed at a minimum of 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 Templeton Investments Corp. (known as Franklin Templeton Investments Canada) is a subsidiary of Franklin Resources, Inc. BEN.  Franklin Resources, Inc. is a global investment management organization operating as Franklin Templeton Investments, which provides global and domestic investment management to retail, institutional and sovereign wealth clients in over 170 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 650 investment professionals are supported by its integrated, worldwide team of risk management professionals and global trading desk network. With offices in over 30 countries, the California-based company has 70 years of investment experience and approximately US$741 billion (C$1,011 billion) in assets under management as of April 30, 2017.

For more information, please visit franklintempleton.ca or connect with Franklin Templeton on Twitter (@FTI_Canada) and read the Beyond Bulls & Bears blog featuring perspectives from Franklin Templeton investment professionals around the world.

Copyright © 2017. Franklin Templeton Investments. All rights reserved.

SOURCE Franklin Templeton Investments Corp.

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