Franklin Templeton reduces fund charges on three UK equity funds

30^th June 2016 – Franklin Templeton is to reduce the fund management charges on three of its UK equity funds.

Franklin UK Rising Dividends, Franklin UK Equity Income and Franklin UK Opportunities funds will all have their annual management charges cut from 0.75% to 0.45% on 1^st July 2016.

The company said that these funds had been selected due to their portfolios consisting of primarily larger-sized companies and the fact they have no constraints on the amount of money they can accept into these funds in the future.

Alex Brotherston, Head of UK Retail at Franklin Templeton, said: “We continually review the fees of our funds, working closely with our clients to evaluate their requirements.”