Franklin Templeton Investments Corp. has reduced fees for its Canada-domiciled Franklin Bissett Money Market Corporate Class. Effective immediately, the management fees for Series A and I of Franklin Bissett Money Market Corporate Class have been reduced by 25 bps.

“Following a comprehensive review of industry pricing and consultation with the advisor community, we are pleased to begin offering Franklin Bissett Money Market Corporate Class to investors seeking a money fund option at a lower cost,” says Duane Green, managing director, Canada at Franklin Templeton Investments.