FRANkLiN TEMPLETON INVESTMENT FUNDS - Citibank

PROSPECTUS OF FRANKLIN TEMPLETON INVESTMENT FUNDS
(e) upon the record date for determination of the person entitled to any dividend on the Shares of each
Class of any Fund, the net asset value of the Shares of such Fund shall be reduced by the amount
of such dividend declared.
2. If there have been created within any Fund two or several Classes of Shares, the allocation rules set out
above apply, “mutatis mutandis”, to such Classes.
3. For the purpose of the calculation of the net asset value, the valuation and the allocation as aforesaid,
Shares of the Company to be redeemed shall be treated as existing and taken into account until
immediately after the close of business on the Valuation Day, and from time to time, until paid the
price therefore, shall be deemed to be a liability of the Company; all investments, cash balances and
other assets of the Company expressed in currencies other than the currency of the relevant Fund shall
be valued after taking into account the market rate or rates of exchange in force at the date and time
for determination of the net asset value of Shares; and effect shall be given on any Valuation Day to
any purchases or sales of securities contracted for by the Company on such Valuation Day, to the
extent practicable.
88 Franklin Templeton Investment Funds