Important Legal Information
Performance data quoted represents past performance, which does not guarantee future results. Current performance may differ from figures shown. Investment return and principal value will fluctuate with market conditions, and you may have a gain or loss when you sell your shares.
Many Franklin Templeton funds offer multiple share classes. Class A shares have a maximum initial sales charge (most equity funds are 5.75% and income funds are 4.25%); Class B shares have a contingent deferred sales charge which is 4% in the first year, declining to 1% in the sixth year and eliminated thereafter; Class C shares have a 1% contingent deferred sales charge; Class Z, Class R and Advisor Class shares are offered to certain eligible investors only. Class Z and Advisor Class shares have no sales charges nor Rule 12b-1 fees; Class R shares have no sales charges, but do have a Rule 12b-1 fee.
For more information on any of our funds, contact your financial advisor or download a free prospectus. Investors should carefully consider a fund's investment goals, risks, sales charges and expenses before investing. The prospectus contains this and other information. Please read the prospectus carefully before investing or sending money.
