EXHIBIT P
FRANKLIN TEMPLETON INVESTMENT MANAGER INFORMATION
Fund/Series | Investment Manager | Sub-Adviser |
Franklin California Tax-Free Income Fund, Inc. | Franklin Advisers, Inc.1 | N/A |
Franklin California Tax-Free Income Fund | ||
Franklin California Tax-Free Trust | ||
Franklin California Insured Tax-Free Income Fund | Franklin Advisers, Inc.1 | N/A |
Franklin California Intermediate-Term Tax-Free | Franklin Advisers, Inc.1 | N/A |
Income Fund | ||
Franklin California Limited-Term Tax-Free Income | Franklin Advisers, Inc.1 | N/A |
Fund | ||
Franklin California Tax-Exempt Money Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Capital Growth Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Custodian Funds, Inc. | ||
Franklin DynaTech Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Growth Fund | Franklin Investment | N/A |
Advisory Services, LLC2 | ||
Franklin Income Fund | Franklin Advisers, Inc.1 | N/A |
Franklin U.S. Government Securities Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Utilities Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Global Trust | ||
Fiduciary Large Capitalization Growth and Income Fund | Fiduciary International, Inc.3 | N/A |
Fiduciary Small Capitalization Equity Fund | ||
Franklin Global Real Estate Fund | Fiduciary International, Inc.3 | Franklin Templeton |
Institutional, LLC4 | ||
Franklin International Smaller Companies Growth Fund | Franklin Templeton | N/A |
Institutional, LLC4 | ||
Franklin Templeton Core Fixed Income Fund | Franklin Advisers, Inc.1 | Franklin Templeton |
Institutional, LLC4 | ||
Franklin Templeton Core Plus Fixed Income Fund | Fiduciary International, Inc.3 | Franklin Templeton |
Institutional, LLC4 | ||
Franklin Templeton Emerging Market Debt | Fiduciary International, Inc.3 | Franklin Templeton |
Opportunities Fund | Institutional, LLC4 | |
Franklin Templeton High Income Fund | Franklin Templeton Investment Management Limited5 Fiduciary International, Inc.3 | N/A Franklin Advisers, Inc.1 |
Franklin Gold and Precious Metals Fund | Franklin Advisers, Inc.1 | N/A |
Franklin High Income Trust | Franklin Advisers, Inc.1 | N/A |
Franklin High Income Fund |
P-1
Fund/Series | Investment Manager | Sub-Adviser |
Franklin Investors Securities Trust | ||
Franklin Adjustable U.S. Government Securities Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Balanced Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Convertible Securities Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Equity Income Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Floating Rate Daily Access Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Limited Maturity U.S. Government Securities | Franklin Advisers, Inc.1 | N/A |
Fund | ||
Franklin Low Duration Total Return Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Real Return Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Total Return Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Managed Trust | ||
Franklin Rising Dividends Fund | Franklin Advisory Services, | N/A |
LLC6 | ||
Franklin Municipal Securities Trust | ||
Franklin California High Yield Municipal Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Tennessee Municipal Bond Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Mutual Recovery Fund | Franklin Mutual Advisers, | N/A |
LLC7 | ||
Franklin Mutual Series Fund Inc. | ||
Mutual Beacon Fund | Franklin Mutual Advisers, | N/A |
LLC7 | ||
Mutual Discovery Fund | Franklin Mutual Advisers, | Franklin Templeton |
LLC7 | Investment | |
Management | ||
Limited5 | ||
Mutual European Fund | Franklin Mutual Advisers, | N/A |
LLC7 | ||
Mutual Financial Services Fund | Franklin Mutual Advisers, | N/A |
LLC7 | ||
Mutual Qualified Fund | Franklin Mutual Advisers, | Franklin Templeton |
LLC7 | Investment | |
Management | ||
Limited5 | ||
Mutual Shares Fund | Franklin Mutual Advisers, | N/A |
LLC7 | ||
Franklin New York Tax-Free Income Fund | Franklin Advisers, Inc.1 | N/A |
Franklin New York Tax-Free Trust | ||
Franklin New York Insured Tax-Free Income Fund | Franklin Advisers, Inc.1 | N/A |
Franklin New York Intermediate-Term Tax-Free | Franklin Advisers, Inc.1 | N/A |
Income Fund | ||
Franklin New York Limited-Term Tax-Free Income | Franklin Advisers, Inc.1 | N/A |
Fund | ||
Franklin New York Tax-Exempt Money Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Real Estate Securities Trust | ||
Franklin Real Estate Securities Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Strategic Mortgage Portfolio | Franklin Advisers, Inc.1 | N/A |
P-2
Fund/Series | Investment Manager | Sub-Adviser |
Franklin Strategic Series | ||
Franklin Aggressive Growth Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Biotechnology Discovery Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Blue Chip Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Flex Cap Growth Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Global Communications Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Global Health Care Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Natural Resources Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Small-Mid Cap Growth Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Small Cap Growth Fund II | Franklin Advisers, Inc.1 | N/A |
Franklin Strategic Income Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Technology Fund | Franklin Advisers, Inc.1 | N/A |
Franklin U.S. Long-Short Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Tax-Free Trust | ||
Franklin Alabama Tax-Free Income Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Arizona Tax-Free Income Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Colorado Tax-Free Income Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Connecticut Tax-Free Income Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Double Tax-Free Income Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Federal Intermediate-Term Tax-Free Income | Franklin Advisers, Inc.1 | N/A |
Fund | ||
Franklin Federal Limited-Term Tax-Free Income Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Florida Insured Tax-Free Income Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Florida Tax-Free Income Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Georgia Tax-Free Income Fund | Franklin Advisers, Inc.1 | N/A |
Franklin High Yield Tax-Free Income Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Insured Tax-Free Income Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Kentucky Tax-Free Income Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Louisiana Tax-Free Income Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Maryland Tax-Free Income Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Massachusetts Insured Tax-Free Income | Franklin Advisers, Inc.1 | N/A |
Fund | ||
Franklin Michigan Insured Tax-Free Income Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Minnesota Insured Tax-Free Income Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Missouri Tax-Free Income Fund | Franklin Advisers, Inc.1 | N/A |
Franklin New Jersey Tax-Free Income Fund | Franklin Advisers, Inc.1 | N/A |
Franklin North Carolina Tax-Free Income Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Ohio Insured Tax-Free Income Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Oregon Tax-Free Income Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Pennsylvania Tax-Free Income Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Virginia Tax-Free Income Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Templeton Fund Allocator Series | ||
Franklin Templeton Conservative Target Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Templeton Corefolio Allocation Fund | N/A | N/A |
Franklin Templeton Founding Funds Allocation Fund | N/A | N/A |
Franklin Templeton Growth Target Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Templeton Moderate Target Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Templeton Perspectives Allocation Fund | N/A | N/A |
Franklin Templeton 2015 Retirement Target Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Templeton 2025 Retirement Target Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Templeton 2035 Retirement Target Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Templeton 2045 Retirement Target Fund | Franklin Advisers, Inc.1 | N/A |
P-3
Fund/Series | Investment Manager | Sub-Adviser |
Franklin Templeton Global Trust | ||
Franklin Templeton Hard Currency Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Templeton International Trust | ||
Templeton Foreign Smaller Companies Fund | Franklin Advisers, Inc.1 | Templeton Investment |
Counsel, LLC8& | ||
Franklin Templeton | ||
Investment | ||
Management Limited5 | ||
Templeton Global Long-Short Fund | Franklin Advisers, Inc.1 | Templeton Global |
Advisors Limited9& | ||
Franklin Templeton | ||
Investment | ||
Management Limited5 | ||
Franklin Templeton Money Fund Trust | N/A | N/A |
Franklin Templeton Money Fund | ||
Franklin Value Investors Trust | ||
Franklin Balance Sheet Investment Fund | Franklin Advisory Services, | N/A |
LLC6 | ||
Franklin Large Cap Value Fund | Franklin Advisory Services, | N/A |
LLC6 | ||
Franklin MicroCap Value Fund | Franklin Advisory Services, | N/A |
LLC6 | ||
Franklin MidCap Value Fund | Franklin Advisory Services, | N/A |
LLC6 | ||
Franklin Small Cap Value Fund | Franklin Advisory Services, | N/A |
LLC6 | ||
Institutional Fiduciary Trust | ||
Franklin Cash Reserves Fund | N/A | N/A |
Franklin Structured Large Cap Core Equity Fund | Franklin Advisers, Inc.1 | N/A |
Franklin Structured Large Cap Growth Equity Fund | Franklin Advisers, Inc.1 | N/A |
Money Market Portfolio | N/A | N/A |
The Money Market Portfolios | ||
The Money Market Portfolio | Franklin Advisers, Inc.1 | N/A |
Templeton China World Fund | Templeton Asset | N/A |
Management Ltd.10 | ||
Templeton Developing Markets Trust | Templeton Asset | N/A |
Management Ltd.10 | ||
Templeton Funds, Inc. | ||
Templeton Foreign Fund | Templeton Global Advisors | N/A |
Limited9 | ||
Templeton World Fund | Templeton Global Advisors | N/A |
Limited9 | ||
Templeton Global Smaller Companies Fund | Templeton Investment | Franklin Templeton |
Counsel, LLC8 | Investment | |
Management Limited5 | ||
Templeton Income Trust | ||
Templeton Global Bond Fund | Franklin Advisers, Inc.1 | N/A |
P-4
Fund/Series | Investment Manager | Sub-Adviser |
Templeton Institutional Funds, Inc. | ||
Emerging Markets Series | Templeton Asset | N/A |
Management Ltd.10 | ||
Foreign Equity Series | Templeton Investment | N/A |
Counsel, LLC8 | ||
Foreign Smaller Companies Series | Templeton Investment | Franklin Templeton |
Counsel, LLC8 | Investment | |
Management Limited5 |
Footnote | ||
Reference | Adviser | Address |
1 | Franklin Advisers, Inc. | One Franklin Parkway |
San Mateo, CA 94403-1906 | ||
2 | Franklin Investment Advisory Services, LLC | One Franklin Parkway |
San Mateo, CA 94403-1906 | ||
3 | Fiduciary International, Inc. | 600 Fifth Avenue |
New York, NewYork 10020 | ||
4 | Franklin Templeton Institutional, LLC | 600 Fifth Avenue, |
New York, NY 10020 | ||
5 | Franklin Templeton Investment Management Limited | The Adelphi Building |
1-11 John Adam Street | ||
London England WC2N 6HT | ||
6 | Franklin Advisory Services, LLC | One Parker Plaza |
Ninth Floor | ||
Fort Lee, New Jersey 07024 | ||
7 | Franklin Mutual Advisers, LLC | 101 John F. Kennedy Parkway |
Short Hills, NJ 07078 | ||
8 | Templeton Investment Counsel, LLC | 500 East Broward Blvd. |
Fort Lauderdale, FL 33394 | ||
9 | Templeton Global Advisors Limited | Lyford Cay |
Nassau, Bahamas | ||
10 | Templeton Asset Management Ltd. | 7 Temasek Blvd. |
Suntec Tower One | ||
#38-03 | ||
Singapore 038987 | ||
P-5