Franklin Templeton Mutual Fund has announced the declaration of dividend under dividend option of Templeton Fixed Horizon Fund - Series III - Plan A (TFHF – Series III – Plan A). The record date for dividend has been fixed as 24 July 2009.
The fund house has decided to distribute 100% of distributable surplus available as on the record date on the face value of Rs 10 per unit, for the above mentioned scheme.
TFHF – Series III – Plan A is a closed end income fund 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.
The fund house has decided to distribute 100% of distributable surplus available as on the record date on the face value of Rs 10 per unit, for the above mentioned scheme.
TFHF – Series III – Plan A is a closed end income fund 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.
