Franklin Templeton Investments yesterday launched the Franklin International Growth Fund.
The fund’s objective is to seek long-term capital appreciation by investing primarily in mid- and large-cap companies outside the United States.
Coleen Barbeau and Par Rostom will serve as co-managers of the fund, which does not yet have a ticker sign.
Franklin Templeton Investments is a subsidiary of Franklin Resources Inc. of San Mateo, Calif.
The firm had approximately $623 billion in assets under management as of May 31.
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