0000909226-18-000012.txt : 20180427
0000909226-18-000012.hdr.sgml : 20180427
20180427134659
ACCESSION NUMBER: 0000909226-18-000012
CONFORMED SUBMISSION TYPE: NSAR-A
PUBLIC DOCUMENT COUNT: 4
CONFORMED PERIOD OF REPORT: 20180228
FILED AS OF DATE: 20180427
DATE AS OF CHANGE: 20180427
EFFECTIVENESS DATE: 20180427
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: NSAR-A
SEC ACT: 1940 Act
SEC FILE NUMBER: 811-07876
FILM NUMBER: 18782718
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
C000023805
Class C
TCWCX
C000023806
Advisor Class
TACWX
C000128752
Class R6
FCWRX
NSAR-A
1
answer.fil
ANSWER FILE
PAGE 1
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PAGE 2
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PAGE 3
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PAGE 4
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PAGE 5
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PAGE 6
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PAGE 7
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PAGE 8
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PAGE 9
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PAGE 10
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PAGE 11
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PAGE 12
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SIGNATURE KRISTIN CARBONI
TITLE ASSISTANT TREASURER
EX-99.77Q1 OTHR EXHB
2
tcwf77q.txt
LEGAL ATTACHMENT
NAME OF REGISTRANT:
Templeton China World Fund
File No. 811-07876
EXHIBIT ITEM No. 77q1 (a): Copies of any material amendments to
the registrant's charter or by-laws
Amendment Effective February 1, 2018
To the By-Laws of Templeton China World Fund (the "Trust")
WHEREAS, Article VIII, Section 2 of the By-Laws provides that the
By-Laws may be amended by the Board of Trustees; and
WHEREAS, by resolutions adopted October 24, 2017 at a meeting of
the Board of Trustees of the Trust, the Board of Trustees
unanimously authorized the By-Laws to be amended as set forth below.
NOW THEREFORE, the By-Laws are hereby amended as follows:
1. ARTICLE VII, Sections 3, 4 and 6 are replaced in their
entirety with the following:
* * * * * *
Section 3. CERTIFICATES FOR SHARES. No certificate or certificates
for Shares shall be issued to Shareholders and no Shareholder shall
have the right to demand or require that a certificate for Shares be
issued to it. The Trust shall adopt and use a system of issuance,
recordation and transfer of its shares by electronic or other means.
Section 4. LOST CERTIFICATES. No new certificate for Shares shall
be issued to replace an old certificate that is surrendered to the
Trust for cancellation. In case any Share certificate or certificate
for any other security is lost, stolen, or destroyed, such
certificate shall be cancelled and the ownership of an uncertificated
Share shall be recorded upon the books of the Trust, on such terms
and conditions as the Board may require, including a provision for
indemnification ofthe Board and the Trust secured by a bond or other
adequate security sufficient to protect the Trust and the Board
against any claim that may be made against either, including any
expense or liability on account of the alleged loss, theft, or
destruction of the certificate.
* * * * * *
Section 6. TRANSFERS OF SHARES. Shares are transferable, if
authorized by the Declaration of Trust, only on the record books of
the Trust by the Person in whose name such Shares are registered,
or by his or her duly authorized attorney-in-fact or representative.
Upon receipt of proper transfer instructions from the registered
owner of certificated Shares, and upon the surrender for
cancellation of such certificates representing the number of Shares
to be transferred with an assignment and power of transfer endorsed
thereon or attached thereto, duly executed, with such proof of the
authenticity of the signature as the Trust or its agents may
reasonably require, the Trust shall cancel the old certificate and
record the transaction and ownership ofuncertificated Shares upon
the books of the Trust. Upon receipt of proper transfer instructions
from the registered owner of uncertificated Shares, such
uncertificated Shares shall be transferred on the record books
to the Person entitled thereto. The Trust, its transfer agent
or other duly authorized agents may refuse any requested transfer
of Shares, or request additional evidence of authority to safeguard
the assets or interests of the Trust or of its Shareholders, in
their sole discretion. In all cases of transfer by an attorney-in-fact,
the original power of attorney, or an official copy thereof duly
certified, shall be deposited and remain with the Trust,
its transfer agent or other duly authorized agent. In case
of transfers by executors, administrators, guardians or other
legal representatives, duly authenticated evidence oftheir
authority shall be presented to the Trust, its transfer agent
or other duly authorized agent, and may be required to be
deposited and remain with the Trust, its transfer agent or
other duly authorized agent.
Adopted and approved as of October 24, 2017 by the Board of Trustees.
Steven J. Gray (Name)
Assistant Secretary (Title)
EX-99.77C VOTES
3
tcwf77C.txt
LEGAL ATTACHMENT
Name of Registrant:
Templeton China World Fund
File No. 811-07876
Exhibit Item No. 77C Matter Submitted to a Vote of Security Holders
I. The Board of Trustees of Templeton China World Fund (the "Trust"),
on behalf of Templeton China World Fund (the "Fund"), a series of
the Trust, called a Special Meeting of Shareholders of the Fund
(the "Meeting"), and was held at the offices of Franklin Templeton
Investments, One Franklin Parkway, San Mateo, California 94403-1906
on October 30, 2017, adjourned on December 15, 2017 and again on
December 29, 2017 at 10:00 a.m., Pacific time.
During the Meeting, shareholders of the Fund voted on the following
Proposals:
1. To elect a Board of Trustees of the Trust.
2. To approve the use of a "manager of managers" structure whereby
the Fund's investment manager would be able to hire and replace
subadvisers without shareholder approval.
3. To approve an amended fundamental investment restriction
regarding investments in commodities.
The results of the voting at the Special Shareholder Meeting are as
follows:
Proposal 1. The election of Board of Trustees for the Trust:
For % Voted For % For of Outstanding Shares
Withhold % Voted Withhold % Withhold of Outstanding
Shares
Harris J. Ashton 7,196,866 95.60% 53.51% 330,999 4.40% 2.46%
Ann Torre Bates 7,200,263 95.65% 53.54% 327,601 4.35% 2.44%
Mary C. Choksi 7,201,211 95.66% 53.54% 326,654 4.34% 2.43%
Edith E. Holiday 7,198,476 95.62% 53.52% 329,389 4.38% 2.45%
Gregory E. Johnson 7,196,209 95.59% 53.51% 331,655 4.41% 2.47%
Rupert H. Johnson, Jr. 7,198,885 95.63% 53.52% 328,980 4.37% 2.45%
J. Michael Luttig 7,200,130 95.65% 53.53% 327,735 4.35% 2.44%
David W. Niemiec 7,199,326 95.64% 53.53% 328,539 4.36% 2.44%
Larry D. Thompson 7,199,779 95.64% 53.53% 328,085 4.36% 2.44%
Constantine D. Tseretopoulos 7,196,716 95.60% 53.51% 331,149 4.40% 2.46%
Robert E. Wade 7,198,069 95.62% 53.52% 329,795 4.38% 2.45%
Proposal 2. To approve the use of a "manager of managers" structure.
For % Voted For % For of Outstanding Shares
Against % Voted Against Abstain % Voted Abstain Broker Non-Vote %
Broker Non-Vote Passed (Y or N)
4,815,069 63.96% 35.80% 418,973 5.57% 183,503 2.44% 2,110,321 28.03% Y
Proposal 3. To approve an amended fundamental investment restriction
regarding investments in commodities.
For % Voted For % For of Outstanding Shares
Against % Voted Against Abstain % Voted Abstain Broker Non-Vote %
Broker Non-Vote Passed (Y or N)
4,861,045 64.57% 36.14% 333,860 4.43% 222,639 2.96% 2,110,321 28.03% Y
EX-99.77D POLICIES
4
tcwf77D.txt
LEGAL ATTACHMENT
NAME OF REGISTRANT
Templeton China World Fund
File No. 811-07876
EXHIBIT ITEM No. 77D (g): Policies with respect to security
investments
From the Statement of Additional Information Supplement GOF SA8 03/18:
SUPPLEMENT DATED MARCH 2, 2018
TO THE CURRENTLY EFFECTIVE STATEMENT OF ADDITIONAL INFORMATION
OF EACH OF THE FUNDS LISTED BELOW
Templeton China World Fund
For the Fund, the following is added to the "Goals, Strategies and
Risks - Glossary of Investments, Techniques, Strategies and Their
Risks - Developing markets or emerging markets" section of the SAI:
Investing through the Bond Connect Program. Foreign investors may
invest in China Interbank bonds traded on the China Interbank Bond
Market ("CIBM") through the China - Hong Kong Bond Connect program
("Bond Connect"). In China, the Hong Kong Monetary Authority Central
Money Markets Unit holds Bond Connect securities on behalf of
ultimate investors (such as the Fund) in accounts maintained with
a China-based custodian (either the China Central Depository &
Clearing Co. or the Shanghai Clearing House). This recordkeeping
system subjects the Fund to various risks, including the risk that
the Fund may have a limited ability to enforce rights as a
bondholder and the risks of settlement delays and counterparty
default of the Hong Kong sub-custodian. In addition, enforcing
the ownership rights of a beneficial holder of Bond Connect
securities is untested and courts in China have limited experience
in applying the concept of beneficial ownership.
Bond Connect uses the trading infrastructure of both Hong Kong and
China and is not available on trading holidays in Hong Kong.
As a result, prices of securities purchased through Bond Connect
may fluctuate at times when a Fund is unable to add to or exit its
position. Securities offered through Bond Connect may lose their
eligibility for trading through the program at any time. If Bond
Connect securities lose their eligibility for trading through the
program, they may be sold but can no longer be purchased through
Bond Connect.
Bond Connect is subject to regulation by both Hong Kong and China
and there can be no assurance that further regulations will not
affect the availability of securities in the program, the frequency
of redemptions or other limitations. Bond Connect trades are settled
in Chinese currency, the renminbi ("RMB"). It cannot be guaranteed
that investors will have timely access to a reliable supply of
RMB in Hong Kong.
Bond Connect is relatively new and its effects on the Chinese
interbank bond market are uncertain. In addition, the trading,
settlement and IT systems required for non-Chinese investors in
Bond Connect are relatively new. In the event of systems
malfunctions, trading via Bond Connect could be disrupted.
In addition, the Bond Connect program may be subject to further
interpretation and guidance. There can be no assurance as to
the program's continued existence or whether future developments
regarding the program may restrict or adversely affect the Fund's
investments or returns. Finally, uncertainties in China tax rules
governing taxation of income and gains from investments via Bond
Connect could
result in unexpected tax liabilities for a Fund.