Staff
Franklin Templeton Investments Corp. has reduced management fee for its domestic and global fixed income funds.
The management fees for Series A of Templeton Global Bond Fund and Templeton Global Bond Fund (Hedged) will be reduced to 1.25%.
Read: Death of the 60/40 portfolio
In addition, the management fees for Series A of Franklin High Income Fund, Franklin Strategic Income Fund and Franklin Bissett Corporate Bond Fund will be reduced to 1.25%, and Series A of Franklin Bissett Bond Fund will be reduced to 1.20%. The management fee for Series F for Franklin Bissett Corporate Bond Fund will be reduced to 0.75%.