143*P1
146*P1
SUPPLEMENT DATED NOVEMBER 1, 1998
TO THE PROSPECTUSES OF
FRANKLIN U.S. TREASURY MONEY MARKET PORTFOLIO AND
FRANKLIN U.S. GOVERNMENT AGENCY MONEY MARKET FUND
DATED NOVEMBER 1, 1998
After the close of business on November 2, 1998, the Franklin U.S. Treasury
Money Market Portfolio and the Franklin U.S. Government Agency Money Market Fund
will be closed to new investors. If you are a shareholder of record as of the
close of business on November 2, 1998, you may continue to add to your account
by purchasing additional shares until the close of business on November 12,
1998. In addition, you may continue to add to your account by purchasing
additional shares through the reinvestment of dividends until November 18, 1998.
The Franklin U.S. Treasury Money Market Portfolio and the Franklin U.S.
Government Agency Money Market Fund will liquidate on November 19, 1998.
Please keep this supplement for future reference.
