Franklin Templeton Mutual Fund has announced the declaration of dividend for Templeton Fixed Horizon Fund-Series I-13 Months Plan. The record date is set as 15 April 2008. The fund house has decided to distribute 100% of surplus as on record date on the face value of Rs 10.
Templeton Fixed Horizon Fund-Series I-13 Months Plan was launched in March 2007. It is a close-ended income fund that seeks to generate returns and reduce interest rate volatility, through a portfolio of fixed income securities with a maturity profile generally in line with the fund's duration.
Templeton Fixed Horizon Fund-Series I-13 Months Plan was launched in March 2007. It is a close-ended income fund that seeks to generate returns and reduce interest rate volatility, through a portfolio of fixed income securities with a maturity profile generally in line with the fund's duration.
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