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Certain of Franklin Templeton’s investment advisers and broker-dealers registered with the Securities and Exchange Commission (the “SEC”) provide their services to natural persons and other retail investors. Below you can find summaries that give an overview of the relationship that these advisers and broker-dealers have with these types of investors (our “Client Relationship Summaries”). In addition, you can find more detailed information about these investment advisers by reviewing their adviser brochures (our “Adviser Brochures”) in that section below. You can also learn about these investment advisers, and Franklin Templeton’s other SEC registered investment advisers, by visiting adviserinfo.sec.gov.

Client relationship summaries

Franklin Distributors, LLC - Client Relationship Summary

Franklin Templeton - Client Relationship Summary for RIAs

- Franklin Advisers, Inc.
- Franklin Mutual Advisers, LLC
- Franklin Templeton Institutional, LLC
- Franklin Templeton Investment Management Limited
- Franklin Templeton Investments Corp.
- Templeton Global Advisors Limited
- Templeton Investment Counsel, LLC
- Templeton Asset Management Limited

Fiduciary Trust International, LLC Client Relationship Summary

Putnam Investment Management, LLC - Client Relationship Summary

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Franklin Distributors, LLC. Member FINRA/SIPC.

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Franklin 529 College Savings Plan - Program Description and Participation Agreement
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