Franklin Templeton Announces $1,000 Minimum Investment Amount for Its Liquid Alternative Fund

From Franklin Templeton Investments
Contact Melissa Tan
Telephone +65 6432 9415

Singapore - Franklin Templeton is pleased to announce that the Franklin Templeton Investment Funds (FTIF)-Franklin K2 Alternative Strategies Fund (“The Fund"), the first-ever multi-manager offshore liquid alternative fund in Singapore available to retail investors, has received approval to lower its minimum investment amount from S$100,000 to S$1,000. The Fund was first approved as a recognized offshore fund on 29 April 2015 with a minimum investment sum of S$100,000. Following approval from the regulator on 8 January 2016, the minimum investment sum has been lowered to $1,000, increasing accessibility for retail investors in Singapore. The Fund offers retail investors access to hedge strategies which traditionally have only been accessible to high-net-worth clients at significantly higher minimum investment amounts. The Fund is currently distributed in Singapore by Standard Chartered Bank and Citibank.

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