Franklin Templeton Investments Introduces Online Transactions for Shareholders.Business Editors SAN MATEO San Mateo (săn mətā`ō), city (1990 pop. 85,486), San Mateo co., W Calif., on San Francisco Bay; inc. 1894. It is a commercial and retail center with some high-technology manufacturing. San Mateo, Spanish for St. , Calif.--(BUSINESS WIRE)--Jan. 18, 2001 Franklin Templeton Investments Franklin Resources Inc. NYSE: BEN is an investment firm originally founded in New York in 1947 as Franklin Distributors, Inc. It is listed on the NYSE under the ticker BEN as in Benjamin Franklin, whom founder Charlie Johnson admired. announced the introduction of online transaction capabilities to its shareholder Web site. Shareholders can now input requests to process the following transactions via the Shareholder Account Services section of franklintempleton.com: -- Exchange, sell or buy additional shares -- Update automatic investment plans and systematic withdrawal plans -- Change address and distribution options -- Order money fund checks "We implemented this online transaction feature in response to growing shareholder demand to process transactions via the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the around the clock," said Jenny Bolt, chief web officer of Franklin Templeton Investments. "This enhancement supports our ongoing efforts to make franklintempleton.com a convenient resource for our shareholders, while emphasizing the importance of working with an investment representative." Franklin Resources, Inc. (NYSE NYSE See: New York Stock Exchange :BEN), is a global investment organization operating as Franklin Templeton Investments. Through its subsidiaries, Franklin Templeton Investments provides global and domestic investment, shareholder and distribution services to the Franklin, Templeton Templeton self-centered rat. [Children’s Lit.: Charlotte’s Web] See : Egotism and Mutual Series funds and institutional accounts, as well as separate account management services. The San Mateo, CA-based company has over 50 years of investment experience and more than $226 billion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. as of December 31, 2000. For more information, please visit franklintempleton.com or call 1-800/DIAL BEN(R). |
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