The move, which came into effect on 26 July, came “after careful analysis and review”, according to a spokesperson from Franklin Templeton.
They said the authorised corporate director of Franklin Templeton Funds decided “it was in the best interest of shareholders” to merge the assets of the two vehicles.
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The fund is “similarly priced” and “larger”, and will continue to offer investors similar exposure to the UK equity market, the spokesperson said.
The now enlarged …
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