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Franklin Templeton SMACS: Series CH Advisor Class FQCHX

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Strategy

The investment seeks to provide investors with a high level of income exempt from federal and California personal income taxes with capital appreciation as a secondary goal. Under normal market conditions, the fund invests substantially all of its net assets in municipal securities whose interest is free from regular federal income taxes and from California personal income taxes. It also may have up to 100% of its assets in securities that pay interest subject to the federal alternative minimum tax. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
FQCHX	Franklin Templeton SMACS: Series CH Advisor Class	No Load	Open	—	—	Jun 3, 2019	$38.66M	0.000%	Low	$0	$6.85M

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