( ) 2015 6 30 Franklin Templeton Investment Funds SOCIÉTÉ D INVESTISSEMENT À CAPITAL VARIABLE R.C.S. B35177

FRANKLIN TEMPLETON INVESTMENT FUNDS société d investissement à capital variable ( ) : 2015 6 30 Franklin Templeton Investment Funds(). ( ) ( KIIDs ),,..

4 7 10 12 14 16 34 51 67 Franklin Asia Credit Fund 165 Franklin Biotechnology Discovery Fund 167 Franklin Brazil Opportunities Fund 170 Franklin Diversified Balanced Fund 171 Franklin Diversified Conservative Fund 172 Franklin Diversified Dynamic Fund 173 Franklin Euro Government Bond Fund 174 Franklin Euro High Yield Fund 175 Franklin Euro Liquid Reserve Fund 180 Franklin Euro Short Duration Bond Fund 181 Franklin Euro Short-Term Money Market Fund 182 Franklin Euroland Fund 183 Franklin European Fund 185 Franklin European Corporate Bond Fund 187 Franklin European Dividend Fund 189 Franklin European Growth Fund 191 Franklin European Income Fund 193 Franklin European Small-Mid Cap Growth Fund 195 Franklin European Total Return Fund 197 Franklin GCC Bond Fund 199 Franklin Global Aggregate Bond Fund 201 Franklin Global Aggregate Investment Grade Bond Fund 203 Franklin Global Allocation Fund 205 Franklin Global Convertible Securities Fund 213 Franklin Global Corporate High Yield Fund 215 Franklin Global Equity Strategies Fund 218 Franklin Global Fundamental Strategies Fund 223 Franklin Global Government Bond Fund 231 Franklin Global Growth Fund 232 Franklin Global Growth and Value Fund 234 Franklin Global High Income Bond Fund 238 Franklin Global Listed Infrastructure Fund 241 Franklin Global Multi-Asset Income Fund 243 Franklin Global Real Estate Fund 249 Franklin Global Small-Mid Cap Growth Fund 251 Franklin Gold and Precious Metals Fund 253 Franklin High Yield Fund 255 Franklin Income Fund 260 Franklin India Fund 267 Franklin Japan Fund 269 Franklin K2 Alternative Strategies Fund 271 Franklin MENA Fund 285 Franklin Natural Resources Fund 287 Franklin Real Return Fund 289 Franklin Strategic Income Fund 291 Franklin Technology Fund 301 Franklin U.S. Dollar Liquid Reserve Fund 303 Franklin U.S. Equity Fund 304 Franklin U.S. Focus Fund 305 Franklin U.S. Government Fund 306 Franklin U.S. Low Duration Fund 307 Franklin U.S. Opportunities Fund 318 Franklin U.S. Small-Mid Cap Growth Fund 320 Franklin U.S. Total Return Fund 323 Franklin World Perspectives Fund 330 Franklin Mutual Beacon Fund 337 Franklin Mutual European Fund 341 Franklin Mutual Global Discovery Fund 343 Templeton Africa Fund 347 Templeton ASEAN Fund 349 Templeton Asian Bond Fund 351 Templeton Asian Dividend Fund 353 Templeton Asian Growth Fund 355 Templeton Asian Smaller Companies Fund 357 Templeton BRIC Fund 360 Templeton China Fund 362 Templeton Eastern Europe Fund 364 Templeton Emerging Markets Fund 366 Templeton Emerging Markets Balanced Fund 369 Templeton Emerging Markets Bond Fund 373 Templeton Emerging Markets Smaller Companies Fund 377 Templeton Euroland Fund 380 Templeton European Fund 382 Templeton Frontier Markets Fund 385 Templeton Global Fund 387 Templeton Global (Euro) Fund 390 Templeton Global Balanced Fund 393 Templeton Global Bond Fund 398 Templeton Global Bond (Euro) Fund 402 Templeton Global Equity Income Fund 404 Templeton Global High Yield Fund 407 Templeton Global Income Fund 413 Templeton Global Smaller Companies Fund 420 Templeton Global Total Return Fund 424 Templeton Growth (Euro) Fund 431 Templeton Korea Fund 434 Templeton Latin America Fund 435 Templeton Thailand Fund 437 439 440 Franklin Templeton Investments 445 www.franklintempleton.lu ( ) 3

: Gregory E. Johnson, CEO FRANKLIN RESOURCES, INC. One Franklin Parkway San Mateo, CA 94403-1906, U.S.A. The Honorable Nicholas F. Brady CEO CHOPTANK PARTNERS, INC. 6967 Cooke s Hope Road Easton, MD 21601, U.S.A. (2015 2 23 ) Duke of Abercorn KG TITANIC QUARTER Barons Court Omagh BT78 4EZ, Northern Ireland, United Kingdom (2015 6 10 ) Vijay C. Advani Global Advisory Services FRANKLIN RESOURCES, INC. One Franklin Parkway San Mateo, CA 94403-1906, U.S.A. Richard H. Frank CEO DARBY OVERSEAS INVESTMENTS, LTD 1133 Connecticut Avenue, NW, Suite 400 Washington DC 20036, U.S.A. (2014 10 15 ) Mark G. Holowesko HOLOWESKO PARTNERS LTD Shipston House P.O. Box N-7776, West Bay Street, Lyford Cay, Nassau, Bahamas James J. K. Hung CEO ASIA SECURITIES GLOBAL LTD Room 63, 21st floor, New World Tower 1 18 Queen s Road, Central Hong Kong Geoffrey A. Langlands LANGLANDS CONSULTORIA Ltda Avenida Lucio Costa 3600 Bloco 1, Apto. 2102 Barra da Tijuca Rio de Janeiro RJ CEP 22630 010 Brazil Gregory E. McGowan TEMPLETON WORLDWIDE, INC. 300 Southeast 2nd Street, 11th Floor Fort Lauderdale, FL 33301-1923, U.S.A. (2014 10 15 ) Dr. J. B. Mark Mobius TEMPLETON EMERGING MARKETS GROUP 7 Temasek Boulevard, # 38-03 Suntec Tower One Singapore 038987 David E. Smart CEO FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED The Adelphi Building, 1-11 John Adam Street London WC2N 6HT, England, United Kingdom (2014 10 15 ) The Honourable Trevor G. Trefgarne ENTREPRISE GROUP LIMITED 11 High Street Accra, Ghana William C. P. Lockwood Poste restante, Avenue du Général de Gaulle F-57570 Cattenom, France (2014 12 1 ) : FRANKLIN TEMPLETON INTERNATIONAL SERVICES S.à r.l. 8A, rue Albert Borschette, L-1246 Luxembourg Grand Duchy of Luxembourg : 8A, rue Albert Borschette, L-1246 Luxembourg Grand Duchy of Luxembourg : FRANKLIN TEMPLETON INTERNATIONAL SERVICES S.à r.l. 8A, rue Albert Borschette, L-1246 Luxembourg Grand Duchy of Luxembourg : FRANKLIN ADVISERS, INC. One Franklin Parkway San Mateo, CA 94403-1906, U.S.A. F R A N K L I N T E M P L E T O N I N V E S T M E N T F U N D S société d investissement à capital variable 8A, rue Albert Borschette, L-1246 Luxembourg, Grand Duchy of Luxembourg (Luxembourg, : B 35 177) (2015 6 30 ) FRANKLIN ALTERNATIVE STRATEGIES ADVISERS, LLC One International Place, 25th Floor Boston, MA 02110, U.S.A. FRANKLIN MUTUAL ADVISERS, LLC 101 John F. Kennedy Parkway Short Hills, NJ 07078-2789, U.S.A. FRANKLIN TEMPLETON INSTITUTIONAL LLC 600 Fifth Avenue, New York, NY 10020, U.S.A. FRANKLIN TEMPLETON INVESTIMENTOS (Brasil) Ltda. Avenue Brigadeiro Faria Lima 3311, 5o andar, São Paulo 04538-133, Brazil FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED Cannon Place, 78 Cannon Street London EC4N 6HL, United Kingdom FRANKLIN TEMPLETON INVESTMENT TRUST MANAGEMENT CO. LIMITED 12 Youido-dong, Youngdungpo-gu, Seoul, Korea FRANKLIN TEMPLETON INVESTMENTS CORP. 200 King Street West, Suite 1500, Toronto, Ontario M5H 3T4, Canada K2/D&S MANAGEMENT CO., LLC 300 Atlantic Street, 12th Floor Stamford, CT 06901, U.S.A. CHILTON INVESTMENT COMPANY, LLC 1290 East Main Street Stamford, CT 06901, U.S.A. IMPALA ASSET MANAGEMENT LLC 107 Cherry Street New Canaan, CT 06840, U.S.A. JENNISON ASSOCIATES LLC 466 Lexington Avenue New York, NY 10017, U.S.A. WELLINGTON MANAGEMENT COMPANY, LLP 280 Congress Street Boston, MA 02210, U.S.A. P. SCHOENFELD ASSET MANAGEMENT L.P. 1350 Avenue of the Americas, 21st Floor New York, NY 10019, U.S.A. EMSO PARTNERS LIMITED Iron Trades House, 21-14 Grosvenor Place London SW1X 7HF, United Kingdom BASSO CAPITAL MANAGEMENT L.P. 1266 East Main Street Stamford, CT 06902, U.S.A. CHATHAM ASSET MANAGEMENT LLC 26 Main Street, Suite 204 Chatham, NJ 07928, U.S.A. LAZARD ASSET MANAGEMENT LLC 30 Rockfeller Plaza New York, NY 10112, U.S.A. LOOMIS SAYLES & COMPANY, L.P. One Financial Center, 27th Floor Boston, MA 02111, U.S.A. GRAHAM CAPITAL MANAGEMENT L.P. 40 Highland Avenue Rowayton, CT 06853, U.S.A. FRANKLIN TEMPLETON INVESTMENTS (ME) LIMITED The Gate, East Wing, Level 2, Dubai International Financial Centre, P.O. Box 506613, Dubai, United Arab Emirates SUMITOMO MITSUI ASSET MANAGEMENT COMPANY LIMITED 2-5-1 Atago Minato-ku Tokyo 105-6228, Japan TEMPLETON ASSET MANAGEMENT LTD. 7 Temasek Boulevard # 38-03 Suntec Tower One Singapore 038987 TEMPLETON GLOBAL ADVISORS LIMITED P.O. Box N-7759 Lyford Cay, Nassau, Bahamas, : J.P. MORGAN BANK LUXEMBOURG S.A. European Bank and Business Centre 6 Route de Trèves, L-2633 Senningerberg Grand Duchy of Luxembourg : PRICEWATERHOUSECOOPERS, Société coopérative 2, rue Gerhard Mercator, L-2182 Luxembourg Grand Duchy of Luxembourg : ELVINGER, HOSS & PRUSSEN 2, place Winston Churchill, L-1340 Luxembourg Grand Duchy of Luxembourg 4 ( ) www.franklintempleton.lu

(2015 6 30 ) () : Franklin Asia Credit Fund FRANKLIN ADVISERS, INC. FRANKLIN TEMPLETON INSTITUTIONAL, LLC Franklin Biotechnology Discovery Fund FRANKLIN ADVISERS, INC. Franklin Brazil Opportunities Fund FRANKLIN TEMPLETON INVESTIMENTOS (Brazil) Ltda. Franklin Diversified Balanced Fund FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED Franklin Diversified Conservative Fund FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED Franklin Diversified Dynamic Fund FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED Franklin Euro Government Bond Fund FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED Franklin Euro High Yield Fund FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED FRANKLIN ADVISERS, INC. Franklin Euro Liquid Reserve Fund FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED Franklin Euro Short Duration Bond Fund FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED Franklin Euro Short-Term Money Market Fund FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED Franklin European Fund FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED Franklin European Corporate Bond Fund FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED FRANKLIN ADVISERS, INC. FRANKLIN TEMPLETON INSTITUTIONAL, LLC Franklin European Dividend Fund FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED Franklin European Growth Fund FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED Franklin European Income Fund FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED Franklin European Small-Mid Cap Growth Fund FRANKLIN TEMPLETON INSTITUTIONAL, LLC Franklin European Total Return Fund FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED Franklin GCC Bond Fund FRANKLIN TEMPLETON INVESTMENTS (ME) LIMITED Franklin Global Aggregate Bond Fund FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED FRANKLIN TEMPLETON INSTITUTIONAL, LLC Franklin Global Aggregate Investment Grade Bond Fund FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED FRANKLIN TEMPLETON INSTITUTIONAL, LLC Franklin Global Allocation Fund FRANKLIN ALTERNATIVE STRATEGIES ADVISERS, LLC FRANKLIN ADVISERS, INC. FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED TEMPLETON ASSET MANAGEMENT LTD. FRANKLIN TEMPLETON INSTITUTIONAL, LLC TEMPLETON GLOBAL ADVISORS LIMITED FRANKLIN MUTUAL ADVISERS, LLC Franklin Global Convertible Securities Fund FRANKLIN ADVISERS, INC. Franklin Global Corporate High Yield Fund FRANKLIN ADVISERS, INC. Franklin Global Equity Strategies Fund FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED TEMPLETON ASSET MANAGEMENT LTD. FRANKLIN ADVISERS, INC. TEMPLETON GLOBAL ADVISORS LIMITED FRANKLIN MUTUAL ADVISERS, LLC Franklin Global Fundamental Strategies Fund FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED FRANKLIN ADVISERS, INC. TEMPLETON GLOBAL ADVISORS LIMITED FRANKLIN MUTUAL ADVISERS, LLC Franklin Global Government Bond Fund FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED Franklin Global Growth Fund FRANKLIN TEMPLETON INSTITUTIONAL, LLC Franklin Global Growth and Value Fund FRANKLIN ADVISERS, INC. FRANKLIN TEMPLETON INSTITUTIONAL, LLC TEMPLETON GLOBAL ADVISORS LIMITED Franklin Global High Income Bond Fund FRANKLIN ADVISERS, INC. Franklin Global Listed Infrastructure Fund FRANKLIN TEMPLETON INSTITUTIONAL, LLC Franklin Global Multi-Asset Income Fund FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED FRANKLIN TEMPLETON INSTITUTIONAL, LLC TEMPLETON ASSET MANAGEMENT LTD. FRANKLIN ALTERNATIVE STRATEGIES ADVISERS, LLC FRANKLIN ADVISERS, INC. Franklin Global Real Estate Fund FRANKLIN TEMPLETON INSTITUTIONAL, LLC Franklin Global Small-Mid Cap Growth Fund FRANKLIN TEMPLETON INSTITUTIONAL, LLC Franklin Gold and Precious Metals Fund FRANKLIN ADVISERS, INC. Franklin High Yield Fund FRANKLIN ADVISERS, INC. Franklin Income Fund FRANKLIN ADVISERS, INC. Franklin India Fund TEMPLETON ASSET MANAGEMENT LTD. FRANKLIN ADVISERS, INC. Franklin Japan Fund FRANKLIN ADVISERS, INC. (sub) SUMITOMO MITSUI ASSET MANAGEMENT COMPANY LIMITED Franklin K2 Alternative Strategies Fund K2/D&S MANAGEMENT CO., LLC CHILTON INVESTMENT COMPANY, LLC IMPALA ASSET MANAGEMENT LLC JENNISON ASSOCIATES LLC WELLINGTON MANAGEMENT COMPANY, LLP P. SCHOENFELD ASSET MANAGEMENT L.P. EMSO PARTNERS LIMITED BASSO CAPITAL MANAGEMENT L.P. CHATHAM ASSET MANAGEMENT LLC LAZARD ASSET MANAGEMENT LLC LOOMIS SAYLES & COMPANY, L.P. GRAHAM CAPITAL MANAGEMENT L.P. Franklin MENA Fund FRANKLIN ADVISERS, INC. Franklin Natural Resources Fund FRANKLIN ADVISERS, INC. Franklin Real Return Fund FRANKLIN ADVISERS, INC. Franklin Strategic Income Fund FRANKLIN ADVISERS, INC. Franklin Technology Fund FRANKLIN ADVISERS, INC. Franklin U.S. Dollar Liquid Reserve Fund FRANKLIN ADVISERS, INC. Franklin U.S. Equity Fund FRANKLIN ADVISERS, INC. Franklin U.S. Focus Fund FRANKLIN ADVISERS, INC. Franklin U.S. Government Fund FRANKLIN ADVISERS, INC. Franklin U.S. Low Duration Fund FRANKLIN ADVISERS, INC. Franklin U.S. Opportunities Fund FRANKLIN ADVISERS, INC. Franklin U.S. Small-Mid Cap Growth Fund FRANKLIN ADVISERS, INC. Franklin U.S. Total Return Fund FRANKLIN ADVISERS, INC. www.franklintempleton.lu ( ) 5

(2015 6 30 ) () (): Franklin World Perspectives Fund FRANKLIN ADVISERS, INC. FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED FRANKLIN TEMPLETON INVESTMENTS CORP. FRANKLIN TEMPLETON INVESTMENTS (ME) LIMITED FRANKLIN TEMPLETON INVESTIMENTOS (Brasil) Ltda. FRANKLIN TEMPLETON INVESTMENT TRUST MANAGEMENT CO. LIMITED TEMPLETON ASSET MANAGEMENT LTD. Franklin Mutual Beacon Fund FRANKLIN MUTUAL ADVISERS, LLC Franklin Mutual European Fund FRANKLIN MUTUAL ADVISERS, LLC FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED Franklin Mutual Global Discovery Fund FRANKLIN MUTUAL ADVISERS, LLC Templeton Africa Fund TEMPLETON ASSET MANAGEMENT LTD. Templeton ASEAN Fund TEMPLETON ASSET MANAGEMENT LTD. Templeton Asian Bond Fund FRANKLIN ADVISERS, INC. Templeton Asian Dividend Fund TEMPLETON ASSET MANAGEMENT LTD. Templeton Asian Growth Fund TEMPLETON ASSET MANAGEMENT LTD. Templeton Asian Smaller Companies Fund TEMPLETON ASSET MANAGEMENT LTD. Templeton BRIC Fund TEMPLETON ASSET MANAGEMENT LTD. Templeton China Fund TEMPLETON ASSET MANAGEMENT LTD. Templeton Eastern Europe Fund TEMPLETON ASSET MANAGEMENT LTD. Templeton Emerging Markets Fund TEMPLETON ASSET MANAGEMENT LTD. Templeton Emerging Markets Balanced Fund TEMPLETON ASSET MANAGEMENT LTD. FRANKLIN ADVISERS, INC. Templeton Emerging Markets Bond Fund FRANKLIN ADVISERS, INC. Templeton Emerging Markets Smaller Companies Fund TEMPLETON ASSET MANAGEMENT LTD. Templeton Euroland Fund TEMPLETON GLOBAL ADVISORS LIMITED Templeton European Fund TEMPLETON GLOBAL ADVISORS LIMITED Templeton Frontier Markets Fund TEMPLETON ASSET MANAGEMENT LTD. Templeton Global Fund TEMPLETON GLOBAL ADVISORS LIMITED Templeton Global (Euro) Fund FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED Templeton Global Balanced Fund FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED FRANKLIN ADVISERS, INC. Templeton Global Bond Fund FRANKLIN ADVISERS, INC. Templeton Global Bond (Euro) Fund FRANKLIN ADVISERS, INC. Templeton Global Equity Income Fund FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED Templeton Global High Yield Fund FRANKLIN ADVISERS, INC. Templeton Global Income Fund FRANKLIN ADVISERS, INC. TEMPLETON GLOBAL ADVISORS LIMITED Templeton Global Smaller Companies Fund FRANKLIN TEMPLETON INVESTMENTS CORP. Templeton Global Total Return Fund FRANKLIN ADVISERS, INC. Templeton Growth (Euro) Fund TEMPLETON GLOBAL ADVISORS LIMITED Templeton Korea Fund TEMPLETON ASSET MANAGEMENT LTD. Templeton Latin America Fund TEMPLETON ASSET MANAGEMENT LTD. Templeton Thailand Fund TEMPLETON ASSET MANAGEMENT LTD. 6 ( ) www.franklintempleton.lu

2015 6 30, Franklin Templeton Investment Funds( FTIF, ) (AUM) USD 1452.2, USD 1680.5, 2013 6 30 USD 1638.6.,. 1., FTIF. Franklin Asia Credit Fund Franklin European Income Fund Franklin Diversified Conservative Fund* Franklin Diversified Balanced Fund* Franklin Diversified Dynamic Fund* Franklin K2 Alternative Strategies Fund Templeton ASEAN Fund * 3 Franklin Templeton Strategic Allocation Funds(FTSAF) FTIF SICAV. 2015 3, 3 FTSAF Franklin Strategic Balanced Fund, FTSAF Franklin Strategic Conservative Fund FTSAF Franklin Strategic Dynamic Fund. Franklin Mutual Euroland Fund Franklin Mutual European Fund., FTIF : Franklin Asian Flex Cap Fund Templeton Constrained Bond Fund.. 2015 6 30.. ( ) (ALFI)(2013 6 ) 2015 6 30. Franklin Templeton Investments.,,. Franklin Templeton Investments., 2015 7 www.franklintempleton.lu ( ) 7

() Gregory E. Johnson Gregory Johnson(54) 2003 11 28. Franklin Resources, Inc., CEO. Templeton Worldwide, Inc. Templeton International, Inc. CEO, Franklin Resources, Inc.. Franklin Templeton. Johnson Coopers & Lybrand, 1986 Franklin. Franklin Templeton Distributors, Inc., Franklin Investment Advisory, LLC, FT Trust Company, Franklin Advisers, Inc., Franklin Income Fund Franklin Utilities Fund,. Vijay C. Advani Vijay Advani(54) 2008 2 25,. Advani Franklin Templeton Investments Global Advisory Services. Franklin Templeton,,. Franklin Resources, Inc. Franklin Templeton Franklin Templeton. Advani 1995 ( ) Templeton Asset Management() Pvt. Ltd. Templeton. 2000,. 2002. 2005 2008. Franklin Resources, Advani Washington, DC World Bank Group. Advani,. Advani,,. Advani University of Massachusetts, Amherst MBA, University of Bombay( University of Mumbai). Advani Jumpstart, U.S-India Business Council(USIBC) University of Pennsylvania Center for the Advanced Study of India(CASI). - Lok Foundation. Mark G. Holowesko Mark Holowesko(55) 1994 11 30. Holowesko Holowesko Partners Ltd(HPL) CEO. Holowesko Templeton Capital Advisors 2000. Holowesko Partners, Holowesko. Holowesko 1985 Templeton Global Advisors. 1987 John Templeton Templeton Growth Fund Templeton Foreign Fund. 1989, Holowesko Templeton Global Equity Funds, 1996 (CIO). Holowesko 1987 1992, Templeton, Galbraith & Hansberger, 1992 2000 Franklin Resources., Holowesko Templeton Global Advisors Ltd.,. Holowesko John Templeton 2 First Trust Bank. James J. K. Hung James Hung(68) 2002 11 29. Hung, Xinya Investment Group CEO., Hung Security Bank, Franklin Templeton Sealand Securities Company Franklin Templeton Fund Management Company. Hung Asia Securities Inc.() CEO., Yi-Min Fund Management Co.(), H&Q Venture Capital Inc.( ), Taiwan Index Fund Inc.( ) Vietnam Fund Inc.(). 8 ( ) www.franklintempleton.lu

() () Geoffrey A. Langlands Geoffrey Langlands(79) 2005 9 27. Langlands, Langlands Consultoria Ltda, Horto Consultoria Ltda., Fundação Flora de Apoio à Botânica Ser Cidadão. Langlands Templeton Emerging Markets Investment Trust (1994/2005, 2003/2004 ). Santander Brasil Asset Management S/A(2000/2001), Banco Bozano, Simonsen S/A(1969/2000) Banco Geral de Investimentos S/A(1968/1969). Organização S/N Ltda (1960/1968) Schroder Group (1957/1960). Banco Bozano, Simonsen,,,. Bozano, Simonsen Group. Brazilian Central Bank Inter-American Investment Corporation. ANBID( ) General Accident Companhia de Seguros Atlantica Hotels International. Dr. J. B. Mark Mobius Mark Mobius (79). Mobius Templeton Emerging Markets Group, Templeton 18. Mobius 40. 1987 Templeton Emerging Markets Fund, Inc. Franklin Templeton Investments. Mobius 2006 Asiamoney 100. Asiamoney Mobius... 20. 9, Mobius.. (1) African Investor 2010, (2) International Money Marketing 2001, (3) Carson Group 1999 20 10, (4) 1998 Reuters #1, (5) CNBC 1994 1, (6) Morningstar 1993, (7) Sunday Telegraph 1992. Mobius : Trading with China, The Investor s Guide to Emerging Markets, Mobius on Emerging Markets, Passport to Profits, Equities An Introduction to the Core Concepts, Mutual Funds An Introduction to the Core Concepts, Foreign Exchange An Introduction to the Core Concepts, Bonds An Introduction to the Core Concepts, Mark Mobius An Illustrated Biography and The Little Book of Emerging Markets. The Honourable Trevor G. Trefgarne Honourable Trevor Trefgarne(71) 2002 11 29 Franklin Templeton Investment Funds. Trefgarne Enterprise Group Limited, Templeton Emerging Markets Investment Trust, Recovery Trust() Gartmore High Income Trust,. Trefgarne. William C. P. Lockwood William Lockwood(59) 2014 12 1 Franklin Templeton Investment Funds. Lockwood 1992 Franklin Templeton 2005 12 Franklin Templeton Luxembourg ( ) Franklin Templeton Investment Funds General Manager. 2005 12 2014 1 Franklin Templeton Investment Funds (conducting officer), EU UCITS, Franklin Templeton Investment Funds. Lockwood 1982., CISI (Chartered Institute for Securities & Investment). ALFI(Luxembourg Fund Industry Association) (Institute of Chartered Accountants of Scotland). www.franklintempleton.lu ( ) 9

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Franklin Templeton Investment Funds 2015 6 30 Franklin Templeton Investment Funds (). (SICAV) ( ).....,.. (SICAV).., Franklin Templeton Investment Funds 2015 6 30.... PricewaterhouseCoopers Société coopérative, 2015 10 7 Emmanuel Chataignier PricewaterhouseCoopers, Société coopérative, 2 rue Gerhard Mercator, B.P. 1443, L-1014 Luxembourg T: +352 494848 1, F:+352 494848 2900, www.pwc.lu Cabinet de révision agréé. Expert-comptable (autorisation gouvernementale n 10028256) R.C.S. Luxembourg B 65 477 - TVA LU25482518 12 ( ) www.franklintempleton.lu

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2015 6 30 6 % 1 % 3 % 5 % 10 % % Franklin Asia Credit Fund A (acc) USD 2014 11 17 1.1 0.6 Franklin Biotechnology Discovery Fund A (acc) USD 2000 4 3 18.9 44.7 165.0 351.0 394.6 273.4 Franklin Brazil Opportunities Fund A (acc) USD 2012 7 27 (2.1) (4.9) 1.9 Franklin Diversified Balanced Fund A (acc) EUR 2015 3 23 (3.7) Franklin Diversified Conservative Fund A (acc) EUR 2015 3 23 (4.3) Franklin Diversified Dynamic Fund A (acc) EUR 2015 3 23 (3.8) Franklin Euro Government Bond Fund A (Ydis) EUR 1999 1 8 (2.0) 3.2 19.1 23.1 32.7 66.0 Franklin Euro High Yield Fund A (Ydis) EUR 2000 4 17 2.3 1.4 26.6 47.9 64.2 76.4 Franklin Euro Liquid Reserve Fund A (Ydis) EUR 1994 6 1 (0.2) (0.5) (0.9) 0.6 8.8 39.0 Franklin Euro Short Duration Bond Fund A (acc) EUR 2014 2 21 (0.5) 0.2 1.2 Franklin Euro Short-Term Money 3ket Fund A (acc) EUR 2009 10 23 (0.1) (0.1) (0.1) 0.9 1.2 Franklin Euroland Fund A (acc) EUR 2008 11 28 15.9 14.4 73.5 68.8 104.4 Franklin European Fund A (acc) EUR 2011 7 29 15.3 13.7 65.0 63.2 Franklin European Corporate Bond Fund A (acc) EUR 2010 4 30 (1.7) 1.1 17.8 26.0 24.2 Franklin European Dividend Fund A (acc) EUR 2011 7 29 13.3 10.5 60.0 61.6 Franklin European Growth Fund A (acc) EUR 2000 12 29 15.0 5.7 59.8 87.0 145.2 62.3 Franklin European Income Fund A (acc) EUR 2014 11 17 7.6 9.4 Franklin European Small-Mid Cap Growth Fund A (acc) EUR 2001 12 3 22.4 16.4 98.7 97.8 205.0 267.5 Franklin European Total Return Fund A (acc) EUR 2003 8 29 (0.4) 4.0 23.5 32.1 27.8 43.8 Franklin GCC Bond Fund A (acc) USD 2013 8 30 2.9 4.8 16.4 Franklin Global Aggregate Bond Fund A (acc) USD 2010 10 29 (2.6) (4.2) 5.1 4.8 Franklin Global Aggregate Investment Grade Bond Fund A (acc) USD 2012 6 22 (3.3) (5.4) 2.9 3.5 Franklin Global Allocation Fund A (acc) USD 2011 7 29 3.7 (1.2) 18.9 12.5 Franklin Global Convertible Securities Fund A (acc) USD 2012 2 24 3.0 (2.9) 26.0 18.6 Franklin Global Corporate High Yield Fund I (acc) USD 2013 9 6 0.7 (5.7) 6.6 Franklin Global Equity Strategies Fund A (acc) USD 2008 5 15 0.4 (6.8) 27.3 38.3 14.1 Franklin Global Fundamental Strategies Fund A (acc) USD 2007 10 25 1.0 (4.1) 29.9 49.4 32.1 Franklin Global Government Bond Fund A (acc) USD 2013 9 6 (5.0) (6.9) (0.2) Franklin Global Growth Fund A (acc) USD 2000 12 29 (0.1) 1.6 32.8 58.8 81.6 44.2 Franklin Global Growth and Value Fund A (acc) USD 2002 9 9 2.6 42.5 64.8 81.3 155.6 Franklin Global High Income Bond Fund A (acc) USD 2012 7 13 (0.4) (9.7) 17.5 Franklin Global Listed Infrastructure Fund A (acc) USD 2013 4 26 (2.0) (6.2) 15.2 Franklin Global Multi-Asset Income Fund A (acc) EUR 2013 4 26 7.1 13.6 17.9 Franklin Global Real Estate Fund A (acc) USD 2005 12 29 (3.5) (0.9) 23.3 59.1 11.5 Franklin Global Small-Mid Cap Growth Fund A (acc) USD 2002 4 15 9.3 (5.5) 56.0 74.2 130.2 209.8 Franklin Gold and Precious Metals Fund A (acc) USD 2010 4 30 (1.1) (31.6) (51.2) (61.5) (62.5) Franklin High Yield Fund A (Mdis) USD 1996 3 1 1.2 (5.1) 14.5 37.8 66.2 162.1 Franklin Income Fund A (Mdis) USD 1999 7 1 (1.6) (6.9) 18.9 43.0 60.3 147.1 Franklin India Fund A (acc) USD 2005 10 25 1.8 13.8 55.6 38.5 223.6 Franklin Japan Fund A (acc) JPY 2000 9 1 19.4 33.2 118.0 106.2 19.4 (5.3) Franklin K2 Alternative Strategies Fund A (acc) USD 2014 9 15 1.8 5.0 Franklin MENA Fund A (acc) USD 2008 6 16 5.9 0.7 63.4 65.7 (29.9) Franklin Natural Resources Fund A (acc) USD 2007 7 12 (1.7) (32.7) (10.1) (0.7) (25.2) Franklin Real Return Fund A (acc) USD 2010 4 30 (1.4) (6.6) (0.1) 7.1 3.6 Franklin Strategic Income Fund A (acc) USD 2007 7 12 (0.3) (2.7) 9.5 25.1 46.2 Franklin Technology Fund A (acc) USD 2000 4 3 4.5 10.9 56.8 101.3 150.6 11.5 Franklin U.S. Dollar Liquid Reserve Fund A (Mdis) USD 1994 6 1 (0.1) (0.5) (0.9) 10.7 58.2 Franklin U.S. Equity Fund A (acc) USD 1999 7 1 5.6 10.0 56.6 89.2 80.3 152.6 Franklin U.S. Focus Fund A (acc) USD 2008 5 15 5.8 9.8 72.5 104.4 72.3 Franklin U.S. Government Fund A (Mdis) USD 1991 2 28 1.1 1.7 10.1 39.6 167.8 Franklin U.S. Low Duration Fund A (Mdis) USD 2003 8 29 0.2 0.3 3.3 6.0 19.3 23.4 14 ( ) www.franklintempleton.lu

2015 6 30 () 6 % 1 % 3 % 5 % 10 % % Franklin U.S. Opportunities Fund A (acc) USD 2000 4 3 7.8 11.5 66.1 119.5 143.9 25.1 Franklin U.S. Small-Mid Cap Growth Fund A (acc) USD 2000 12 29 6.3 7.2 59.0 111.2 109.2 104.0 Franklin U.S. Total Return Fund A (acc) USD 2003 8 29 (0.9) 0.4 6.8 20.8 43.8 59.3 Franklin World Perspectives Fund A (acc) USD 2008 10 14 5.8 3.0 46.5 74.8 101.4 Franklin Mutual Beacon Fund A (acc) USD 1997 7 7 1.8 1.4 48.8 78.8 63.8 205.2 Franklin Mutual European Fund A (acc) EUR 2000 4 3 * 12.1 9.4 55.5 62.1 76.9 125.3 Franklin Mutual Global Discovery Fund A (acc) USD 2005 10 25 2.8 (4.1) 39.3 61.2 79.6 Templeton Africa Fund A (acc) USD 2012 5 4 (5.8) (16.4) 8.8 5.4 Templeton ASEAN Fund A (acc) USD 2014 11 17 (7.9) (8.4) Templeton Asian Bond Fund A (acc) USD 2005 10 25 (1.4) (3.1) 5.7 16.1 80.9 Templeton Asian Dividend Fund A (acc) USD 2013 4 26 2.3 5.5 3.9 Templeton Asian Growth Fund A (Ydis) USD 1991 6 30 (3.8) (7.6) 7.9 21.4 154.2 259.8 Templeton Asian Smaller Companies Fund A (acc) USD 2008 10 14 5.5 6.5 53.0 86.3 306.5 Templeton BRIC Fund A (acc) USD 2005 10 25 4.5 (5.6) 1.6 (9.2) 42.8 Templeton China Fund A (acc) USD 1994 9 1 7.8 9.3 17.8 17.6 128.7 168.8 Templeton Eastern Europe Fund A (acc) EUR 1997 11 10 11.3 (10.9) (5.6) (27.5) (12.4) 122.0 Templeton Emerging Market Fund A (Ydis) USD 1991 2 28 (2.2) (10.1) (0.6) 6.8 51.6 208.5 Templeton Emerging Market Balanced Fund A (acc) USD 2011 4 29 (2.7) (10.9) (7.0) (17.6) Templeton Emerging Market Bond Fund A (Qdis) USD 1991 7 5 (3.0) (10.2) 3.8 16.5 88.1 672.7 Templeton Emerging Market Smaller Companies Fund A (acc) USD 2007 10 18 4.4 6.9 45.7 47.1 5.5 Templeton Euroland Fund A (acc) EUR 1999 1 8 17.0 9.3 75.0 75.5 40.3 104.5 Templeton European Fund A (acc) EUR 1991 4 17 * 16.1 8.7 66.1 73.4 46.1 59.6 Templeton Frontier Market Fund A (acc) USD 2008 10 14 (2.5) (11.3) 27.0 22.2 80.9 Templeton Global Fund A (Ydis) USD 1991 2 28 4.0 (3.9) 60.5 76.1 59.8 332.3 Templeton Global (Euro) Fund A (Ydis) EUR 1991 4 26 13.2 19.2 80.0 89.7 62.9 363.3 Templeton Global Balanced Fund A (Qdis) USD 1994 6 1 1.6 (5.2) 32.4 52.1 55.3 226.3 Templeton Global Bond Fund A (Mdis) USD 1991 2 28 (0.4) (2.2) 11.7 24.3 105.4 440.6 Templeton Global Bond (Euro) Fund A (acc) EUR 2003 8 29 (0.2) (1.7) 6.7 14.8 38.4 51.1 Templeton Global Equity Income Fund A (acc) USD 2005 5 27 4.0 (5.8) 40.3 56.7 35.0 36.2 Templeton Global High Yield Fund A (acc) USD 2007 9 27 (0.9) (7.7) 9.1 24.9 39.5 Templeton Global Income Fund A (acc) USD 2005 5 27 2.7 (3.1) 32.3 48.8 90.4 90.4 Templeton Global Smaller Companies Fund A (Ydis) USD 1991 7 8 3.7 (5.9) 38.4 34.6 29.1 300.4 Templeton Global Total Return Fund A (acc) USD 2003 8 29 (0.9) (3.3) 14.9 33.8 136.1 190.4 Templeton Growth (Euro) Fund A (acc) EUR 2000 8 9 9.1 14.4 65.3 89.3 57.4 65.1 Templeton Korea Fund A (acc) USD 1995 5 8 10.9 (7.3) 11.7 27.7 32.6 (32.0) Templeton Latin America Fund A (Ydis) USD 1991 2 28 (8.7) (27.1) (30.3) (30.9) 78.5 189.3 Templeton Thailand Fund A (acc) USD 1997 6 20 (5.1) (2.0) 15.5 72.6 153.9 95.0. A A(dis),.. *.. 1996 9... ( ) ( KIIDs ),.... : -Franklin Templeton Investments acc accumulation shares dis distribution shares Mdis monthly distribution shares Qdis quarterly distribution shares Ydis yearly distribution shares 1 www.franklintempleton.lu ( ) 15

2015 6 30 Franklin Asia Credit Fund Franklin Biotechnology Discovery Fund Franklin Brazil Opportunities Fund (USD) (USD) (USD) (USD) ( ) ( 2(b), 3) 130,078,670,395 7,722,963 3,081,967,616 22,087,932 9,142,432,792 88,260 54,686,099 3,212,841 ( 4) 891,294,097 2,463,172,417 6,595 669,571 580,572,318 2,755 25,152,202 56,311 ( ) 1,050,796,371 98,836 815,046 ( 2(c), 5) 3,046,880,044 34,637 ( 2(d), 6) 648,952 ( 2(e), 7) 26,949,293 ( 2(f), 8) 80,186 80,186 ( 2(h), 10) 34,527 ( ) ( 2(i), 11) 4,846,179 ( ) ( 2(j), 12) 5,295,693 23,203,704 6,123 147,314,876,968 7,912,814 3,161,847,149 26,928,010 749,240,430 7,792,904 161,949 662,324,583 24,957,491 97,564 ( 14) 103,202,825 4,343 2,554,448 21,271 ( 2(c), 5) 30,752,079 4,885 159,071 ( 2(d), 6) 1,692,194 635,973 ( 2(e), 7) 386,663,625 ( 2(g), 9) 107,282 ( 2(h), 10) 2,883,972 ( ) ( 2(i), 11) 2,557,908 8,747 ( ) ( 2(j), 12) 127,883 1,791 157,880,590 10,576 2,078,806 145,823 2,097,433,371 19,804 37,383,649 1,232,189 145,217,443,597 7,893,010 3,124,463,500 25,695,821 3 2014 6 30 168,045,017,682 3,196,760,336 45,114,453 2013 6 30 163,862,333,174 901,381,187 87,859,184 2012 6 30 135,991,665,339 289,307,603 ^ 2015 3 23 # 2015 6 26 ( 1 ) 2014 11 17 Ω 2014 9 30 ( 1 ) 16 ( ) www.franklintempleton.lu

2015 6 30 () Franklin Diversified Balanced Franklin Diversified Conservative Franklin Diversified Dynamic Franklin Euro Government Bond Fund Franklin Euro High Yield Fund Franklin Euro Liquid Reserve Fund Ω Franklin Euro Short Duration Bond Fund (EUR) (EUR) (EUR) (EUR) (EUR) (EUR) (EUR) 102,833,861 34,771,299 69,187,675 180,449,872 949,390,641 75,561,029 63,897,697 6,789,384 2,919,776 1,382,838 3,413,987 40,764,383 9,690,470 1,221,271 24,223,694 8,374,526 16,203,018 12,796,461 988,645 225,108 77,239 778,367 2,497,390 1,340,393 78,902 315,045 93,287 65,243 1,931,768 17,314,087 24,217 656,386 19,613 1,425,153 231,779 1,220,729 460 6,373 136,575,782 46,615,775 88,136,742 186,574,454 1,022,762,962 86,616,109 65,880,242 28,369,950 8,380,067 22,002,117 3,970,860 13,415 141,091 16,498 1,555,370 18,387,955 1,041,489 4,247 25,823 7,343 21,542 63,813 656,377 20,414 18,025 97,227 34,690 61,121 1,018,388 84,550 29,360 23,290 133,877 76,392 145,168 77,928 732,322 73,674 27,094 28,724,842 8,668,943 22,269,736 1,697,111 24,765,902 1,135,577 49,366 107,850,940 37,946,832 65,867,006 184,877,343 997,997,060 85,480,532 65,830,876 103,108,684 1,304,276,718 67,620,651 7,061,242 32,277,784 801,702,488 112,358,536 35,752,731 541,078,975 136,184,651 www.franklintempleton.lu ( ) 17

2015 6 30 () Franklin Euro Short-Term Money Market Fund Ω Franklin Euroland Fund β Franklin European Fund β Franklin European Corporate Bond Fund (EUR) (EUR) (EUR) (EUR) ( ) ( 2(b), 3) 54,537,628 58,394,521 10,648,601 171,036,537 10,993,548 413,348 90,397 412,488 ( 4) 101,117 289,923 25,757 8,322,870 ( ) 16,761 28,323 13,584 2,288,838 ( 2(c), 5) ( 2(d), 6) ( 2(e), 7) ( 2(f), 8) ( 2(h), 10) ( ) ( 2(i), 11) ( ) ( 2(j), 12) 12,842 126,914 17,360 4,398 65,661,896 59,253,029 10,795,699 182,065,131 2,911,793 10,510 145,331 22,966 242,175 ( 14) 12,036 40,042 8,465 73,810 ( 2(c), 5) 16,141 ( 2(d), 6) ( 2(e), 7) ( 2(g), 9) ( 2(h), 10) ( ) ( 2(i), 11) ( ) ( 2(j), 12) 24,078 36,410 13,236 85,108 46,624 221,783 44,667 3,329,027 65,615,272 59,031,246 10,751,032 178,736,104 3 2014 6 30 69,860,381 35,880,575 7,358,094 83,107,946 2013 6 30 94,345,377 24,599,488 4,413,361 43,393,949 2012 6 30 101,016,087 19,806,420 3,586,121 23,570,368 2014 11 17 Ω 2014 9 30 ( 1 ) β 2014 11 14 ( 1 ) 18 ( ) www.franklintempleton.lu

2015 6 30 () Franklin European Dividend Fund Franklin European Growth Fund Franklin European Income Fund Franklin European Small-Mid Cap Growth Fund Franklin European Total Return Fund Ω Franklin GCC Bond Fund Franklin Global Aggregate Bond Fund (EUR) (EUR) (EUR) (EUR) (EUR) (USD) (USD) 138,763,568 1,083,093,329 9,822,181 836,418,619 385,074,615 22,099,806 28,074,979 3,575,751 16,129,336 183,089 41,590,263 3,854,912 507,456 1,421,290 1,500,000 357 1,974,069 86,301 29,251 1,886,444 3,006,550 15,893 10,040,061 1,562,063 84,439 170,829 319,149 1,878,210 52,081 1,108,932 5,110,719 282,379 212,560 90,504 6,908 165,741 2,601,963 4,543 2,302,969 52,102 5,266 144,711,010 1,108,773,961 10,084,695 891,547,145 395,654,411 24,474,080 29,914,175 294,543 2,965,366 50,353 9,654 175 4,479 1,387,646 292,548 3,366,237 14,443,134 1,431,523 65,254 250,769 103,204 854,912 5,877 568,998 223,200 13,277 13,178 405,113 7,684 357,860 82,266 102,653 744,682 9,709 379,831 298,197 16,053 32,735 1,198,061 7,931,197 65,939 15,401,617 1,960,779 181,329 2,042,188 143,512,949 1,100,842,764 10,018,756 876,145,528 393,693,632 24,292,751 27,871,987 53,452,156 3,132,137,485 904,235,203 183,558,208 11,848,638 21,989,463 23,286,097 737,002,037 466,899,083 84,439,789 16,109,623 13,919,723 320,512,865 199,790,227 64,970,960 33,185,762 www.franklintempleton.lu ( ) 19

2015 6 30 () Franklin Global Aggregate Investment Grade Bond Fund Franklin Global Allocation Fund Franklin Global Convertible Securities Fund Franklin Global Corporate High Yield Fund (USD) (USD) (USD) (USD) ( ) ( 2(b), 3) 24,246,351 61,448,569 129,454,493 28,418,915 767,796 15,589,330 259,202 912,266 ( 4) 348,280 6,524,846 120,000 305,000 399,669 155,054 ( ) 203,473 170,105 456,149 495,658 ( 2(c), 5) 112,516 21,370 ( 2(d), 6) ( 2(e), 7) ( 2(f), 8) ( 2(h), 10) ( ) ( 2(i), 11) ( ) ( 2(j), 12) 1,598 12,800 3,625 25,567,498 84,257,835 130,444,898 30,156,834 353,763 34 100,000 5,622 84,912 97,594 ( 14) 8,580 66,659 73,921 14,970 ( 2(c), 5) 146,167 252,677 ( 2(d), 6) 262,009 ( 2(e), 7) 4,778 ( 2(g), 9) ( 2(h), 10) ( ) ( 2(i), 11) ( ) ( 2(j), 12) 20,125 87,652 89,345 16,179 180,494 859,773 513,571 131,149 25,387,004 83,398,062 129,931,327 30,025,685 3 2014 6 30 11,464,066 52,720,927 157,330,346 33,002,596 2013 6 30 10,335,416 45,026,992 19,077,065 2012 6 30 10,062,164 26,567,300 4,537,572 20 ( ) www.franklintempleton.lu

2015 6 30 () Franklin Global Equity Strategies Fund Franklin Global Fundamental Strategies Fund Franklin Global Government Bond Fund Franklin Global Growth Fund Franklin Global Growth and Value Fund Franklin Global High Income Bond Fund Franklin Global Listed Infrastructure Fund (USD) (USD) (USD) (USD) (USD) (USD) (USD) 104,918,449 1,756,772,544 18,341,414 108,659,057 64,631,712 75,762,111 16,177,313 1,676,692 268,286,638 199,010 252,233 212,486 1,867,151 258,478 3,000,000 4,000,000 2,200,000 254,477 31,031,899 117 1,462,063 174,085 92,092 6,414,601 758,613 1,238,602 106,929 57,436 338,376 9,185,624 194,768 44,130 80,852 1,427,389 62,386 9,318 22,199,799 47,498 2,331,458 37,275 543,035 6,128 27,427 42,661 2,043 3,236 110,326,679 2,096,765,598 18,741,320 113,741,460 68,406,430 80,627,686 16,780,432 712,153 38,232,908 14 259,989 500,000 299,059 161,514 6,281,017 18,081 89,289 60,260 211,909 360,492 115,071 1,674,702 7,162 83,796 55,930 53,878 12,567 1,640 87,944 9,916 204,674 1,830,059 16,999 98,712 80,326 63,155 19,202 1,193,412 48,018,686 43,882 359,755 456,505 838,858 691,320 109,133,267 2,048,746,912 18,697,438 113,381,705 67,949,925 79,788,828 16,089,112 83,350,921 1,772,861,098 13,343,485 187,502,608 70,964,780 81,213,777 10,182,735 69,303,225 840,937,967 155,859,879 88,200,184 21,029,818 4,677,274 60,943,727 592,985,661 108,725,800 79,523,418 www.franklintempleton.lu ( ) 21

2015 6 30 () Franklin Global Multi-Asset Income Fund # Franklin Global Real Estate Fund Franklin Global Small-Mid Cap Growth Fund Franklin Gold and Precious Metals Fund (EUR) (USD) (USD) (USD) ( ) ( 2(b), 3) 94,124,575 417,247,664 267,484,482 85,505,695 7,004,685 531,973 369,351 2,017,726 ( 4) 4,800,000 2,500,000 46,846,478 39,093 870,000 874,801 802,815 494,310 222,871 ( ) 464,220 1,506,996 248,574 48,647 ( 2(c), 5) ( 2(d), 6) ( 2(e), 7) ( 2(f), 8) ( 2(h), 10) 30,981 ( ) ( 2(i), 11) ( ) ( 2(j), 12) 56,186 24,075 23,014 778,885 149,426,001 424,951,555 271,875,602 88,664,939 30,938,008 782,569 863,882 574,715 5,266,738 2,335,068 1,073,732 41,650 ( 14) 69,005 340,901 213,749 74,143 ( 2(c), 5) 22,138 599,665 334,670 ( 2(d), 6) ( 2(e), 7) ( 2(g), 9) ( 2(h), 10) ( ) ( 2(i), 11) ( ) ( 2(j), 12) 92,012 388,690 191,866 106,165 36,387,901 4,446,893 2,343,229 1,131,343 113,038,100 420,504,662 269,532,373 87,533,596 3 2014 6 30 31,687,039 437,586,926 435,729,824 107,261,361 2013 6 30 23,057,415 462,643,179 207,556,600 42,976,410 2012 6 30 121,399,470 57,058,308 139,752,055 # 2015 6 26 ( 1 ) * 2014 9 15 22 ( ) www.franklintempleton.lu

2015 6 30 () Franklin High Yield Fund Franklin Income Fund Franklin India Fund Franklin Japan Fund Franklin K2 Alternative Strategies Fund* Franklin MENA Fund Franklin Natural Resources Fund (USD) (USD) (USD) (JPY) (USD) (USD) (USD) 3,487,776,232 3,455,140,181 3,771,598,379 35,525,148,550 316,005,338 204,612,312 264,901,997 61,646,052 9,625,649 30,541,355 213,858,108 300,376,386 3,337,290 10,389,074 155,400,000 9,500,000 30,185,000 6,960,915 2,495,270 225,497,692 6,928,538 3,250,549 5,925,813 21,717,558 11,320,714 23,457,735 326,650,982 12,770,182 456,153 1,828,239 62,555,168 32,190,736 3,863,739 22,436,963 2,141,670 316,228 330,078 712,390 8,868 216,202 1,684,003 30,735 95,544 519 1,856 2,813 83 3,664,623,135 3,515,333,739 3,987,356,997 36,313,594,151 649,634,000 211,972,615 283,375,201 28,565,039 47,292,656 237,534,085 10,505,427 570,716 159,958 22,190,325 28,956,758 13,167,181 467,702,386 1,221,055 1,569,123 7,750,979 2,370,947 2,488,511 2,606,746 25,128,097 923,717 249,183 233,874 1,476,422 130,872 2,543,650 220,713 283,303 305,659 1,298,642 3,255,015 3,100,057 2,455,173 27,077,660 475,805 265,000 263,632 56,381,326 36,021,748 65,652,628 757,442,228 17,273,955 2,874,735 8,691,746 3,608,241,809 3,479,311,991 3,921,704,369 35,556,151,923 632,360,045 209,097,880 274,683,455 5,131,295,651 3,631,326,483 1,854,259,603 25,330,401,513 281,268,016 278,339,427 3,993,642,994 1,709,720,223 953,247,397 25,430,175,279 55,087,685 251,710,030 4,037,075,396 1,298,369,835 1,189,022,902 12,730,289,900 51,733,543 333,504,877 www.franklintempleton.lu ( ) 23

2015 6 30 () Franklin Real Return Fund Franklin Strategic Income Fund Franklin Technology Fund Franklin U.S. Dollar Liquid Reserve Fund (USD) (USD) (USD) (USD) ( ) ( 2(b), 3) 7,442,711 1,323,442,482 909,534,064 284,987,284 1,219,551 401,132,540 38,154,091 4,512 ( 4) 325,001 191,050,000 13,516,573 33,897,000 126,493 10,760,911 8,583,038 12,710,898 ( ) 43,546 17,355,729 274,360 ( 2(c), 5) ( 2(d), 6) ( 2(e), 7) ( 2(f), 8) ( 2(h), 10) ( ) ( 2(i), 11) 10,927 4,619,050 ( ) ( 2(j), 12) 3,220 185,418 123,823 79,461 9,171,449 1,948,546,130 970,185,949 331,679,155 55,552,790 8,971,206 19,741 5,457,767 6,153,499 918,898 ( 14) 5,504 1,120,233 766,952 75,484 ( 2(c), 5) 64,355 5,987,189 ( 2(d), 6) ( 2(e), 7) ( 2(g), 9) ( 2(h), 10) 1,585,330 ( ) ( 2(i), 11) ( ) ( 2(j), 12) 16,871 1,425,976 731,151 181,470 106,471 71,129,285 16,622,808 1,175,852 9,064,978 1,877,416,845 953,563,141 330,503,303 3 2014 6 30 9,149,693 1,498,222,686 820,948,763 281,128,075 2013 6 30 13,064,062 1,152,727,421 717,401,678 427,361,894 2012 6 30 15,525,782 609,417,442 671,591,332 369,675,762 24 ( ) www.franklintempleton.lu

2015 6 30 () Franklin U.S. Equity Fund Franklin U.S. Focus Fund Franklin U.S. Government Fund Franklin U.S. Low Duration Fund Franklin U.S. Opportunities Fund Franklin U.S. Small-Mid Cap Growth Fund Franklin U.S. Total Return Fund (USD) (USD) (USD) (USD) (USD) (USD) (USD) 666,201,871 27,481,613 1,052,264,712 1,547,150,945 4,706,556,201 281,274,688 139,914,988 8,085,165 819,677 12,334,438 43,445,678 63,053,726 3,836,001 32,425,336 6,166,141 444,537 76,160,644 19,767,494 7,779,736 4,000,000 15,643,534 4,952,138 27,232 17,835,039 2,018,336 40,248,311 6,917,753 110,957 409,757 16,445 3,492,637 6,511,402 1,118,404 76,934 1,161,544 52,527 8,051,324 830,046 616,968 31,984 310,125 31,939 386 9,448 68,583 17,172 685,815,072 28,789,890 1,162,149,445 1,627,940,855 4,818,756,378 296,105,376 190,167,500 3,621,492 330,038 89,024,975 14,538,945 43,851,606 1,116,677 24,712,475 5,121,904 139,488 4,404,801 3,437,474 39,694,820 1,258,840 116,659 553,276 21,556 531,348 843,341 3,583,971 235,316 99,933 396,166 109,369 4,987,504 107,282 2,335,312 213,849 607,256 30,068 757,563 847,365 3,137,305 234,280 129,091 10,300,094 630,519 94,718,687 22,109,719 95,255,206 2,845,113 25,272,007 675,514,978 28,159,371 1,067,430,758 1,605,831,136 4,723,501,172 293,260,263 164,895,493 576,592,202 39,526,375 905,721,951 1,652,992,798 4,670,970,838 271,387,103 136,124,085 497,344,009 11,099,048 1,577,666,522 1,569,847,836 2,739,786,409 127,354,909 136,351,542 714,115,815 15,009,101 2,532,288,020 725,285,036 2,911,650,277 123,984,678 117,736,168 www.franklintempleton.lu ( ) 25

2015 6 30 () Franklin World Perspectives Fund Franklin Mutual Beacon Fund Franklin Mutual European Fund Franklin Mutual Global Discovery Fund (USD) (USD) (EUR) (USD) ( ) ( 2(b), 3) 378,516,090 929,356,690 2,837,352,810 1,313,315,202 1,398,391 15,613,897 168,977,953 51,104,943 ( 4) 13,600,000 23 20,095,863 27,578,798 4,570,335 1,836,805 3,801,227 13,762,703 17,218,087 ( ) 290,973 1,980,664 12,524,029 5,308,541 ( 2(c), 5) 441,935 3,321,285 ( 2(d), 6) ( 2(e), 7) ( 2(f), 8) ( 2(h), 10) ( ) ( 2(i), 11) ( ) ( 2(j), 12) 98,074 184,592 3,111,052 285,264 396,182,291 971,032,933 3,066,628,630 1,391,802,372 2,069,148 9,159,277 8,665,819 11,417,998 1,429,480 1,898,430 14,814,559 4,001,295 ( 14) 285,728 753,881 2,315,383 1,031,884 ( 2(c), 5) 1,285,640 1,341,876 ( 2(d), 6) 335,650 ( 2(e), 7) ( 2(g), 9) ( 2(h), 10) ( ) ( 2(i), 11) ( ) ( 2(j), 12) 245,073 1,234,065 2,827,992 1,070,265 4,029,429 14,666,943 28,623,753 18,863,318 392,152,862 956,365,990 3,038,004,877 1,372,939,054 3 2014 6 30 345,122,633 1,169,070,336 3,757,379,912 1,934,098,366 2013 6 30 126,403,906 821,397,542 2,253,747,426 1,096,131,750 2012 6 30 61,153,384 769,414,521 2,130,655,041 892,257,616 2014 11 17 26 ( ) www.franklintempleton.lu

2015 6 30 () Templeton Africa Fund Templeton ASEAN Fund Templeton Asian Bond Fund Templeton Asian Dividend Fund Templeton Asian Growth Fund Templeton Asian Smaller Companies Fund Templeton BRIC Fund (USD) (USD) (USD) (USD) (USD) (USD) (USD) 121,011,819 5,009,022 1,477,806,039 9,990,246 9,788,741,479 1,415,730,322 861,629,558 369,173 517,916 96,421,009 29,119 8,718,851 243,839 221,310 7,200,000 219,900,000 97,400,000 23,200,000 12 9,060 27,905,122 88,156 33,733,037 1,156,429 25,871,837 337,192 814,075 3,136 23,492,689 19,174,403 942,371 487,131 4,253 21,758,973 88,321 33,601,798 3,487,478 8,403,485 39,677 10,961,774 9,421 712 17,596 1,262 581 217 129,462,600 5,541,513 1,635,666,992 10,208,980 10,108,187,854 1,537,192,688 920,269,273 945,291 17,939 1,547,790 98,771 3,759,586 5,753,079 4,167,457 293,548 4,331,705 24,335 38,897,915 17,126,236 3,073,074 151,418 6,170 924,265 9,644 10,214,907 1,453,323 1,226,454 5,587,825 19,845,673 10,192 1,029,080 10,414 3,323,458 14,700 9,488,780 907,272 1,424,853 2,419,337 34,523 29,972,891 157,642 67,949,013 25,239,910 9,891,838 127,043,263 5,506,990 1,605,694,101 10,051,338 10,040,238,841 1,511,952,778 910,377,435 139,593,248 2,032,463,169 5,659,011 12,681,269,302 973,932,482 1,214,667,740 86,772,962 3,676,902,884 4,911,688 15,816,110,669 942,037,607 1,343,345,062 5,433,869 4,162,546,959 16,112,820,817 228,044,710 1,853,961,008 www.franklintempleton.lu ( ) 27

2015 6 30 () Templeton China Fund Templeton Eastern Europe Fund Templeton Emerging Markets Fund Templeton Emerging Markets Balanced Fund (USD) (EUR) (USD) (USD) ( ) ( 2(b), 3) 835,606,613 286,489,813 585,839,000 56,260,259 313,663 3,772,418 3,828,826 3,903,473 ( 4) 8,000,000 59,300,000 3,170,621 3,919,069 2,114,974 4,745,852 539,233 562,119 87,203 ( ) 9,655,396 296,714 2,817,315 606,418 ( 2(c), 5) ( 2(d), 6) ( 2(e), 7) 96,243 ( 2(f), 8) ( 2(h), 10) ( ) ( 2(i), 11) ( ) ( 2(j), 12) 251,110 45,250 6,116 861,492,145 291,349,288 656,311,579 63,074,686 373,523 20,298 1,388,124 115,778 16,044,295 1,961,975 5,623,347 1,113,504 ( 14) 1,128,343 372,733 854,381 65,643 ( 2(c), 5) 45,377 359,918 ( 2(d), 6) ( 2(e), 7) ( 2(g), 9) ( 2(h), 10) ( ) ( 2(i), 11) ( ) ( 2(j), 12) 931,945 636,954 1,022,419 76,917 18,478,106 2,991,960 8,933,648 1,731,760 843,014,039 288,357,328 647,377,931 61,342,926 3 2014 6 30 937,254,225 361,133,716 885,777,690 78,614,839 2013 6 30 1,629,700,238 401,515,127 1,114,545,821 77,639,350 2012 6 30 2,284,778,429 467,205,560 1,143,809,086 55,726,679 28 ( ) www.franklintempleton.lu

2015 6 30 () Templeton Emerging Markets Bond Fund Templeton Emerging Markets Smaller Companies Fund Templeton Euroland Fund Templeton European Fund Templeton Frontier Markets Fund Templeton Global Fund Templeton Global (Euro) Fund (USD) (USD) (EUR) (EUR) (USD) (USD) (EUR) 4,167,825,726 426,389,054 257,998,456 288,639,540 1,234,607,904 1,473,677,717 777,341,819 324,323,949 12,446,680 11,883,570 13,581,972 6,765,036 219,060 3,486,524 13,000,000 34,500,000 105,978,222 6,090,000 17 158 14,648,547 208,825 8,881,637 34,918,463 8,074,860 1,590,162 881,794 985,972 3,463,930 368,502 86,214,850 727,213 248,174 556,953 4,604,561 2,937,283 1,600,967 54,335,428 18,411,947 33,992 2,382 470,468 552,966 1,552 1,250,286 640,088 4,792,042,577 453,730,189 272,190,847 304,213,383 1,274,613,572 1,516,257,101 792,319,537 12,461,408 2,137,021 2,318,967 507,987 6,026,369 12,275,745 1,967,174 1,197,026 1,949,800 3,884,309 12,256,310 537,603 3,552,316 562,585 178,917 249,718 1,473,930 1,220,208 653,413 1,651,016 67,476 6,191,621 443,334 252,352 238,755 8,415,728 1,355,264 686,561 34,481,090 5,110,114 1,628,295 2,438,273 17,743,950 15,339,769 7,971,422 4,757,561,487 448,620,075 270,562,552 301,775,110 1,256,869,622 1,500,917,332 784,348,115 6,868,866,048 293,683,078 240,379,702 450,386,721 2,020,766,694 1,845,441,863 705,373,636 8,365,282,640 234,798,323 121,180,156 124,537,533 2,116,331,579 967,667,591 601,053,681 6,610,440,114 219,607,218 101,562,854 105,757,279 890,205,145 803,180,357 516,299,182 www.franklintempleton.lu ( ) 29

2015 6 30 () Templeton Global Balanced Fund Templeton Global Bond Fund Templeton Global Bond (Euro) Fund Templeton Global Equity Income Fund (USD) (USD) (EUR) (USD) ( ) ( 2(b), 3) 1,002,507,518 26,621,803,478 345,373,204 245,413,077 228,052,202 3,720,958,763 35,511,580 779,613 ( 4) 1,094,447 803,513,095 606,571 2,435,267 6,208,476 66,872,298 351,084 569,786 ( ) 3,193,776 290,897,112 6,298,627 869,144 ( 2(c), 5) 456,634 1,692,821,111 1,287,686 669 ( 2(d), 6) ( 2(e), 7) 3,247,505 ( 2(f), 8) ( 2(h), 10) ( ) ( 2(i), 11) ( ) ( 2(j), 12) 566,374 1,594,081 1,554 257,077 1,242,079,427 33,198,459,938 392,677,811 250,324,633 66,365,058 323,406 4,197,420 138,616,158 2,782,932 1,457,695 ( 14) 820,351 19,187,455 241,411 212,686 ( 2(c), 5) ( 2(d), 6) ( 2(e), 7) 198,973,694 ( 2(g), 9) ( 2(h), 10) ( ) ( 2(i), 11) ( ) ( 2(j), 12) 1,271,986 43,278,350 674,573 254,707 6,289,757 466,420,715 4,022,322 1,925,088 1,235,789,670 32,732,039,223 388,655,489 248,399,545 3 2014 6 30 1,383,224,749 38,668,873,241 596,924,004 361,798,942 2013 6 30 699,148,278 46,612,567,707 838,588,367 74,265,434 2012 6 30 595,171,716 41,237,011,127 562,372,898 69,775,789 30 ( ) www.franklintempleton.lu

2015 6 30 () Templeton Global High Yield Fund Templeton Global Income Fund Templeton Global Smaller Companies Fund Templeton Global Total Return Fund Templeton Growth (Euro) Fund Templeton Korea Fund Templeton Latin America Fund (USD) (USD) (USD) (USD) (EUR) (USD) (USD) 190,490,258 1,921,697,162 133,823,502 26,408,139,343 7,091,787,075 60,814,080 1,149,957,059 7,013,234 169,308,824 533,181 2,488,070,008 173,014,121 378,135 390,968 7,500,000 165,636,948 4,000,000 29,000,000 2,656,968 81,703,849 1,420,459 632,696,269 46,736,444 1,593,829 348,253 232,750 7,803,376 198,461 102,051,120 1,372,751 381,701 3,211,747 3,299,754 9,239,786 121,850 342,467,307 8,304,469 1,268,648 873,012 30,293,761 1,219,307,599 204,097 2,277,498 1,628 788,587 84,973 456,767 3,212,185 305,706 204,771,701 2,223,112,843 143,682,426 31,193,188,413 7,490,063,993 67,167,745 1,184,482,381 636,571 1,975,249 154,544 74,475,530 28,126,041 4,542,696 48 440,188 11,056,691 364,217 112,406,098 4,248,720 359,757 3,806,137 142,296 1,480,453 118,810 17,943,073 6,165,473 81,458 1,343,296 398,415 167,757,214 115,900 211,818 1,766,895 171,875 31,960,274 6,150,784 98,489 1,666,187 1,430,873 16,395,188 809,446 404,542,189 44,691,018 5,082,400 7,214,083 203,340,828 2,206,717,655 142,872,980 30,788,646,224 7,445,372,975 62,085,345 1,177,268,298 280,179,902 1,784,058,475 164,669,767 35,393,742,664 6,415,979,187 95,072,318 1,869,091,159 319,217,080 647,119,095 148,616,791 39,277,370,092 5,465,230,557 114,340,738 2,182,848,599 176,395,245 408,785,475 131,439,485 24,045,237,813 4,715,345,864 98,223,872 2,799,797,107 www.franklintempleton.lu ( ) 31

2015 6 30 () Templeton Thailand Fund (USD) ( ) ( 2(b), 3) 147,721,152 393,199 ( 4) 7,200,000 1,428,234 1,051,913 ( ) ( 2(c), 5) ( 2(d), 6) ( 2(e), 7) ( 2(f), 8) ( 2(h), 10) ( ) ( 2(i), 11) ( ) ( 2(j), 12) 157,794,498 643,286 1,457,876 ( 14) 208,063 ( 2(c), 5) ( 2(d), 6) ( 2(e), 7) ( 2(g), 9) ( 2(h), 10) ( ) ( 2(i), 11) ( ) ( 2(j), 12) 201,164 2,510,389 155,284,109 3 2014 6 30 196,469,636 2013 6 30 233,282,956 2012 6 30 182,794,364 32 ( ) www.franklintempleton.lu