Franklin Templeton MF Declares Dividend

Franklin Templeton Mutual Fund has declared dividend under Templeton Fixed Horizon Fund-Series XI-Plan D (TFHF- Series XI-Plan D). The record date for the dividend has been fixed as November 6, 2009. The fund house has decided to distribute 100% distributable surplus as dividend on the face value of Rs 10 per unit on the record date.

Templeton Fixed Horizon Fund-Series XI is a closed ended income fund with an investment objective to generate returns as well as reduce interest rate volatility, through a portfolio of fixed income securities with a maturity profile generally in line with the fund's duration.