TORONTO, May 31, 2024 /CNW/ - Franklin Templeton Canada today announced that a quorum for the special meetings was not reached for series PA of Franklin ActiveQuant Canadian Fund and Franklin ActiveQuant U.S. Fund.* As a result, the special meetings for these series will be adjourned to June 7, 2024, at 9 a.m. EDT at Franklin Templeton Canada's office in Toronto.

The purpose of the special meetings is to consider merging the following funds:

  • Franklin ActiveQuant Canadian Fund into Franklin ClearBridge Canadian Equity Fund (formerly Franklin Bissett Canadian Equity Fund)
  • Franklin ActiveQuant U.S. Fund into Franklin U.S. Rising Dividends Fund

This adjournment will allow investors in series PA who have not yet voted, the opportunity to do so.

After all the votes have been tabulated and if approved, the mergers will be implemented on a tax-deferred basis after the close of business on or around June 21, 2024.

About Franklin Templeton
Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. In Canada, the company's subsidiary is Franklin Templeton Investments Corp., which operates as Franklin Templeton Canada. Franklin Templeton's mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,500 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience and over US$1.6 trillion (over CDN$2.2 trillion) in assets under management as of April 30, 2024. For more information, please visit

*Unitholders of series A, F, PA, PF and O units of Franklin ActiveQuant Canadian Fund and series PA, PF and O units of Franklin ActiveQuant U.S. Fund are entitled to have their votes tabulated at the series level as well as the fund level because they will receive units that have a higher combined fee than the units they currently hold.

Commissions, trailing commissions, management fees, brokerage fees and expenses may be associated with investments in mutual funds and ETFs. Please read the prospectus and fund facts/ETF facts document before investing. Mutual funds and ETFs are not guaranteed. Their values change frequently. Past performance may not be repeated.

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SOURCE Franklin Templeton Investments Corp.

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