0000909226-11-000013.txt : 20110714 0000909226-11-000013.hdr.sgml : 20110714 20110713185814 ACCESSION NUMBER: 0000909226-11-000013 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20110714 DATE AS OF CHANGE: 20110713 EFFECTIVENESS DATE: 20110714 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TEMPLETON CHINA WORLD FUND CENTRAL INDEX KEY: 0000909226 IRS NUMBER: 593192206 STATE OF INCORPORATION: DE FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-104602 FILM NUMBER: 11966607 BUSINESS ADDRESS: STREET 1: 300 S.E. 2ND STREET CITY: FORT LAUDERDALE STATE: FL ZIP: 33301-1923 BUSINESS PHONE: 9545277500 MAIL ADDRESS: STREET 1: 300 S.E. 2ND STREET CITY: FORT LAUDERDALE STATE: FL ZIP: 33301-1923 FORMER COMPANY: FORMER CONFORMED NAME: TEMPLETON CHINA WORLD FUND INC DATE OF NAME CHANGE: 19930716 0000909226 S000008743 Templeton China World Fund C000023803 Class A TCWAX C000023804 Class B TCWBX C000023805 Class C TCWCX C000023806 Advisor Class TACWX 497 1 tcwf188p10711.htm tcwf188p10711.htm - Generated by SEC Publisher for SEC Filing

 

188 P-1 07/11

 

SUPPLEMENT DATED JULY 15, 2011

TO THE PROSPECTUS DATED JANUARY 1, 2011

OF

TEMPLETON CHINA WORLD FUND

 

The prospectus is amended as follows:

 

I. The "Annual Fund Operating Expenses" table on page 2 of the Fund Summary "Fees and Expenses of the Fund" section is revised as follows:

 

Class A

Class B

Class C

Advisor Class  

Management fees1 

1.09%

1.09%

1.09%

1.09%

Distribution and service (12b-1) fees 

0.30%2

0.99%

1.00%

None

Other expenses 

0.47%

0.47%

0.47%

0.47%

Total annual Fund operating expenses1

1.86%

2.55%

2.56%

1.56%

 

1. Restated to reflect the decrease in the investment management fee effective May 1, 2011.

 

2. Class A distribution and service (12b-1) fees have been restated to reflect the maximum annual rate approved by the board of trustees for the current fiscal year. Consequently, the total annual Fund operating expenses differ from the ratio of expenses to average net assets shown in the “Financial Highlights” due to the timing of accrual adjustments that are made during the Fund’s fiscal year.

 

II. The "Example" table on page 3 of the Fund Summary "Fees and Expenses of the Fund" section is revised as follows:

    

1 Year

3 Years

5 Years

10 Years

Class A  

$ 753

$ 1,126

$ 1,523

$ 2,629

Class B  

$ 658

$ 1,093

$ 1,555

$ 2,717

Class C  

$ 359

$ 796

$ 1,360

$ 2,895

Advisor Class  

$ 159

$ 493

$ 850

$ 1,856

If you do not sell your shares: 

 

 

 

 

Class B  

$ 258

$ 793

$ 1,355

$ 2,717

Class C  

$ 259

$ 796

$ 1,360

$ 2,895

 

III. The "Portfolio Turnover" section on page 3 of the Fund Summary is revised as follows:

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 9.94% of the average value of its portfolio.

 

 

 

IV. The last paragraph of the Fund Summary “Performance”  section, beginning on page 7, is revised as follows:

The after-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. After-tax returns are shown only for Class A and after-tax returns for other classes will vary.

 

 

Please keep this supplement for future reference.