FRANKLIN CUSTODIAN FUNDS INC
497, 1996-05-31
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FITW STKR 6/96
(For use in Taiwan only)

                           FRANKLIN GROUP OF FUNDS(R)
                           TEMPLETON GROUP OF FUNDS
                       (THE "FRANKLIN TEMPLETON FUNDS")
                            PROSPECTUS SUPPLEMENT
                              DATED JUNE 1, 1996


The following language is added to the section "How Do I Buy Shares?" or "How
to Buy Shares of the Fund(s)" of the prospectuses for the Franklin Templeton
Funds listed below:

Shares of the Fund(s) may be offered in Taiwan to certain banks' trust
accounts at net asset value and to investors through securities advisory
firms known locally as Securities Investment Consulting Enterprises. In
conformity with local business practices in Taiwan, shares may be offered
with the following schedule of sales charges:

SIZE OF PURCHASE - U.S. DOLLARS               SALES CHARGE
Under $30,000                                 3%
$30,000 but less than $100,000                2%
$100,000 but less than $400,000               1%
$400,000 or more                              0%

FRANKLIN GROUP OF FUNDS(R)
FRANKLIN CUSTODIAN FUNDS, INC.
(Utilities Series)
Dated February 1, 1996, as supplemented March 1, 1996

FRANKLIN GLOBAL GOVERNMENT INCOME FUND
Dated March 1, 1996

FRANKLIN PARTNERS FUNDS(R)
(FPF - Franklin Tax-Advantaged International Bond, U.S. Government Securities
and High Yield Securities Funds)
Dated May 1, 1996

TEMPLETON FUND

TEMPLETON GLOBAL BOND FUND
Dated January 1, 1996, as amended May 15, 1996

(Each as may be further amended or supplemented from time-to-time)



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