Franklin K2 Alternative Strategies Fund (FABZX) DEF 14C Information statement

FRANKLIN TEMPLETON

ONE FRANKLIN PARKWAY

SAN MATEO, CA 94403-1906

August 15, 2024

VIA EDGAR SUBMISSION

Filing Desk

U.S. Securities and Exchange Commission

100 F Street, NE

Washington, DC 20549

Re:      Franklin Alternative Strategies Funds (“Trust”)

            On behalf of K2 Alternative Strategies Fund (the “Fund”)

File Nos. 333-189667 and 811-22641

Information Statement                                               _______________

Dear Sir/Madam:

Pursuant to the requirements of Rule 14c-5(b) under the Securities Exchange Act of 1934, submitted electronically via the EDGAR system, please find attached the definitive Information Statement to be furnished to shareholders of the Fund in describing recent changes involving the investment management of the Fund.

Please direct any questions and comments relating to this filing to undersigned at (650) 312-3492.

FRANKLIN ALTERNATIVE STRATEGIES FUNDS

/s/ ALEXANDER Y. KYMN

Alexander Y. Kymn

Vice President and Secretary

AYK/dm