See the Investor Handbook for more information on Franklin Templeton 529 College Savings
Plan, including sales charges, expenses, general risks of the
Plan, general investment risks and specific risks of investing in
Plan portfolios, which can include risks of convertible securities; country, sector, region or industry focus; credit; derivative securities; foreign securities, including currency exchange rates, political and
economic developments, trading practices, availability of information, limited markets and heightened risk in emerging markets; growth or value
style investing; income; interest rate; lower - rated and unrated securities; mortgage securities and asset - backed securities; restructuring and distressed companies; securities lending; smaller and midsize companies; credit linked securities, life settlement investments, and stocks.