SUPPLEMENT TO THE PROSPECTUS
PROSPECTUS DATED JANUARY 1, 1995
(AS PREVIOUSLY AMENDED MAY 25, 1995 AND
SUPPLEMENTED JULY 24, 1995 AND AUGUST 31, 1995)
TEMPLETON MONEY FUND
The Expense Table is supplemented by adding the following paragraph:
The Fund's investment manager, Templeton Global Bond Managers, a division of
Templeton Investment Counsel, Inc., has voluntarily agreed to temporarily reduce
its investment management fees by 0.20%. If this policy were not in effect, the
Fund's management fee would be 0.35% and the Fund's "Total Fund Operating
Expenses" would be .90%. As long as this temporary expense limitation continues,
it may lower the Fund's expenses and increase its yield. The expense limitation
may be terminated or revised at any time, at which time the Fund's expenses may
increase and its yield may be reduced, depending on the total assets of the
Fund.
The hypothetical illustration is amended as follows:
You would pay the following expenses on a $1,000 investment, assuming (1) 5%
annual return and (2) redemption at the end of each time period:
<TABLE>
<CAPTION>
One Year Three Year Five Year Ten Year
<S> <C> <C> <C> <C>
without waiver $ 9 $ 29 $ 50 $ 110
with waiver $ 7 $ 22 $ 39 $ 87
</TABLE>
November 29, 1995 TL407 STKR2
