Franklin Templeton Investments Corp. announced today that unitholders have approved the merger of Templeton International Balanced Fund and Templeton Canadian Bond Fund into Templeton Global Balanced Fund and Bissett Bond Fund, respectively.

Under the terms of the merger, units of the merging funds will be exchanged on a tax deferred basis for units of Templeton Global Balanced Fund and Bissett Bond Fund, respectively, equivalent in value to the underlying net assets of the merging funds.

The new units received will be the same series – A, F, I or O – as originally held by unitholders of the merging funds.

The mergers will take place on September 14.