FRANKLIN ALTERNATIVE STRATEGIES FUNDS
One Franklin Parkway
San Mateo, California 94403-1906
FRANKLIN TEMPLETON DISTRIBUTORS, INC.
One Franklin Parkway
San Mateo, California 94403-1906
October 2, 2013
Via EDGAR Transmission
Karen Rossotto, Senior Counsel |
U.S. Securities and Exchange Commission |
Division of Investment Management |
100 F Street, N.E. |
Washington, D.C. 20549 |
Re: Franklin Alternative Strategies Funds
Registration Statement on Form N-1A filed on 6/28/13 (Acc. No. 0001137439-13-000225) |
(File Numbers: 811-22641 and 333-189667) |
Request for Acceleration
Dear Ms. Rossotto:
On behalf of Franklin Alternative Strategies Funds and its principal underwriter, Franklin Templeton Distributors, Inc., pursuant to the requirements of Rule 461 under the Securities Act of 1933, we respectfully request that the effectiveness of the above-mentioned Registration Statement, as amended by Pre-Effective Amendment No. 3, filed on October 2, 2013 (Accession number 0001450791-13-000328), be accelerated to Friday, October 4, 2013, or as soon as practicable thereafter.
Thank you for your prompt attention to the request for acceleration. Please contact Kristin H. Ives at (215) 564-8037 if you have any questions or need further information.
/s/ Steven J. Gray_______________ /s/ Steven J. Gray________________
Steven J. Gray Steven J. Gray
Secretary and Vice President Vice President
Franklin Alternative Strategies Funds Franklin Templeton Distributors, Inc.
cc: Kristin H. Ives