As of October 12, 2020, Franklin Templeton held US$1.4 trillion in assets under management (AUM) on behalf of private, professional and institutional investors.[4]. Fund performance numbers shown are calculated based on NAV-NAV pricing, reinvested dividends and in their respective share class currencies. Franklin Templeton provides different types of mutual funds, SIP investment, lumpsum investment, etc. Franklin Resources Inc. is an American multinational holding company that, together with its subsidiaries, is referred to as Franklin Templeton; it is a global investment firm founded in New York City in 1947 as Franklin Distributors, Inc. Franklin Templeton, Janus Henderson and Mellon Investments have 'low ESG commitment': Morningstar. Like other large investment companies, the firm offers a wide variety of funds but is traditionally best known for bond funds under the Franklin brand, international funds under the Templeton brand, and value funds under the Mutual Series brand. Learn more from FINRA about How to Find and Work with an Investment Professional. [16] As of July 31, 2008, Franklin Resources, Inc. managed over $570 billion in total assets worldwide. Business data for Franklin Templeton Investments: This page was last edited on 5 April 2021, at 13:54. [23], Global investment firm founded in New York City in 1947, Eric John Abrahamson and Grant Alger, Persistence and Perspective: Franklin Templeton Investments: The First Sixty Years (San Mateo: Franklin Resources, Inc., 2007, xvii, Eric John Abrahamson and Grant Alger, Persistence and Perspective: Franklin Templeton Investments: The First Sixty Years (San Mateo: Franklin Resources, Inc., 2007), "Franklin Resources, Inc. Effective 2/3/20, Franklin Templeton 529 College Savings Program will reduce the pricing schedule for twelve Class A Age-Based portfolios. Assets under management for Franklin grew from just over US$2 billion in 1982 to more than US$40 billion in 1989 (the crash of 1987 had little impact on Franklin's income and bond funds). [15] The same month, USA Today listed BEN stock as the top stock pick for the last 25 years based on returns, claiming it is up 64,224% since 1982. Announces Month-End Assets Under Management", "Charles Johnson, top Giants owner, keeps low profile", "SF Giants owner gave $1K to PAC behind racist ad targeting black voters", Forbes: The World's Billionaires: "Rupert Johnson Jr.", "Mutual Fund Billionaire Gives $250 Million to Yale", "Franklin to acquire Templeton mutual fund", "A Look at Former World Trade Center Tenants", "Franklin Templeton Investments Announces Acquisition of Alternative Credit Manager Benefit Street Partners", "Franklin Templeton Completes Acquisition of Legg Mason", "Mutual Funds Price and Performance | Franklin Templeton", "Franklin Templeton named worst-selling fund manager of 2020", Gulf Stream exploration, naming, and chart, President, Pennsylvania Abolition Society, "Advice to a Friend on Choosing a Mistress" (1745), Proposed alliance with the Iroquois (1775), Benjamin Franklin Institute of Technology, Benjamin Franklin Drawing Electricity from the Sky, Cities, counties, schools named for Franklin, Loan qualifying investor alternative investment fund, Qualifying investor alternative investment fund, Mitsubishi UFJ Trust and Banking Corporation, https://en.wikipedia.org/w/index.php?title=Franklin_Templeton_Investments&oldid=1016118168, Investment management companies of the United States, Financial services companies based in California, Financial services companies established in 1947, Companies listed on the New York Stock Exchange, Short description is different from Wikidata, All articles with vague or ambiguous time, Wikipedia articles with WORLDCATID identifiers, Creative Commons Attribution-ShareAlike License. Prominent funds in the fund family include the Templeton Growth Fund, Inc. (opened 1954, $8.8 billion in AUM.[when? Mutual Fund Net Asset Value – the amount per share you would receive if you sold shares that day. You can learn about the services Franklin Templeton’s investment advisers and broker-dealers provide to retail investors by reviewing our Client Relationship Summaries. All Rights Reserved. Explore our recession risk interactive dashboard. The Company, along with its subsidiaries, operates as Franklin Templeton Investments. Included in these are 27 state and federal tax-free income funds, an area of investment pioneered by Franklin.[22]. [5] He named the company for American polymath Benjamin Franklin because Franklin espoused frugality and prudence when it came to saving and investing. Take this quick test to find out. [6] The company's first line of mutual funds, Franklin Custodian Funds, was a series of conservatively managed equity and bond funds designed to appeal to most investors. [19], In 2019, the firm acquired Benefit Street Partners, an alternative credit investment group.[20]. For more information on any of our funds, contact your financial professional or download a prospectus. Visit our 'How do I?' In 1973 the company's headquarters moved from New York to San Mateo, California. Copyright © 2021 Franklin Templeton. The prospectus contains this and other information. Advisor Class and Class Z shares are only offered to certain eligible investors as stated in the prospectus. Franklin Templeton Investments accepts no liability whatsoever for any direct or indirect consequential loss arising from the use of any information herein. Spryng is a new crowdfunding tool for college savings where you create a personalized profile and share it with friends and family. In general, this site supports the current and prior major release of the following browsers: Access to our website or your accounts may be delayed during periods of unusual market activity. [9] In 1973, the company acquired Winfield & Company, a San Mateo, California-based investment firm, and moved Franklin's offices from New York to California. Franklin Franklin Templeton International Services, S.à r.l. JavaScript must be enabled to sign in. The Fund offers multiple share classes, which are subject to different fees and expenses that will affect their performance. The Fiduciary Trust Company was acquired by Franklin Templeton in April 2001. It offers products under the Franklin, Templeton, Mutual Series and Fiduciary brand names, among others. Learn more about our range of mutual funds and ETFs. Postal Service (USPS) and delay your receipt of communications regarding your account, including transaction confirmations, periodic account statements, trade confirms, regulatory notices, tax reporting documents, prospectuses, shareholder communications, and our receipt of communications from you, including contributions and withdrawal requests. Past performance does not guarantee future results. In 2020, Jennifer M. Johnson became CEO and President of the firm and Greg Johnson became Executive Chairman. ]), and the Mutual Discovery Fund (opened 1992, $14.5 billion assets[when?]) You, your firm, and your firm’s personnel (i) are capable of evaluating investment risks independently, both in general and with regard to all transactions and investment strategies involving a security or securities; and (ii) will exercise independent judgment in evaluating any information provided by the Tool. It is listed on the New York Stock Exchange under the ticker symbol BEN, in honor of Benjamin Franklin, for whom the company is named, and who was admired by founder Rupert Johnson, Sr. Quarterly commentary discussing fund performance.