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Analysis > Interviews

FTIF Templeton Africa Fund merges into Frontier Markets Fund

Anna Lyudvig
March 26, 2019, 1:46 p.m.
1195

Word count: 837

After careful consideration and analysis, the Franklin Templeton Investment Funds (FTIF) Board of directors decided to merge the FTIF Templeton Africa Fund into the $65.9m FTIF Templeton Frontier Markets Fund, effective February 15, 2019. Due to both funds sharing similar investment objectives and target investor profiles, the Board believes that this merger will offer economies of scale to existing shareholders.

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