The company is adding a currency management strategy to Franklin High Income Fund
The changes take effect Jan. 1, 2019
New risk ratings for 37 mutual funds
The company is also rolling out more competitive pricing to reward client loyalty
Preferred pricing program expands to cover more funds
Mutual funds sales slump reflects investors’ risk-averse mentality
Five investment fund management companies receive group awards
The firm also announced portfolio advisor and subadvisor changes for certain funds
The CSA is focused on introducing greater investor-protection rules while planning to eliminate some of the unnecessary rules and requirements mutual funds face
Over a one-year horizon, the majority of active managers once again failed to beat their respective benchmarks