SUPPLEMENT TO THE PROSPECTUS
PROSPECTUS DATED JULY 10, 1995
Templeton Americas Government Securities Fund
* * *
The text of the second footnote to the sales charge table under "HOW TO BUY
SHARES OF THE FUND-OFFERING PRICE"is deleted and replaced with the following
text:
The following commissions will be paid by FTD, from its own resources, to
securities dealers who initiate and are responsible for purchases of $1 million
or more: 0.75% on sales of $1 million but less $2 million, plus 0.60% on sales
of $2 million but less than $3 million, plus 0.50% on sales of $3 million but
less than $50 million, plus 0.25% on sales of $50 million but less than $100
million, plus 0.15% on sales of $100 million or more. Dealer concession
breakpoints are reset every 12 months for purposes of additional purchases.
The first paragraph of the section entitled "HOW TO BUY SHARES OF THE
FUND-OFFERING PRICE: OTHER PAYMENTS TO SECURITIES DEALERS" is deleted and
replaced with the following:
FTD, or one of its affiliates, may make payments, from its own resources, of up
to 0.75% of the amount purchased to securities dealers who initiate and are
responsible for purchases made at net asset value by certain nondesignated
retirement plans (as defined below), and up to 1% of the amount purchased to
securities dealers who initiate and are responsible for purchases made at net
asset value by certain designated retirement plans (as defined below) (excluding
IRA and IRA rollovers) nondesignated plans, certain trust companies and trust
departments of banks and certain retirement plans of organizations with
collective retirement plan assets of $10 million or more. See definitions under
"Description of Special Net Asset Value Purchases" below and as set forth in the
SAI.
August 8, 1995 TL416 STKR 08/95
