Proxy Vote Update: Franklin Templeton Investments

Below are the resources for and the results of our recent Proxy Vote on behalf of our clients:
Proxy Materials:

rF Voting results:

  1. Vote for the election of of the following nominees:
    1. Edward A Altman – For
    2. Ann Torre Bates – For
    3. Burton J Greenwald – For
    4. Keith Mitchell
    5. David W Niemiec – For
    6. Charles Rubins II – For
    7. Jan Hopkins Trachtman – For
    8. Robert E Wade – For
    9. Gregory H Williams – For
    10. Gregory E Johnson – Against (Conflict of Interest).
    11. Jennifer M Johnson – Against (Conflict of Interest).
    12. William J Lippman – Against (Conflict of Interest).
  2. To approve the use of a “manager of managers” structure whereby the fund’s investment manager would be able to hire and replace subadvisors without sharholder approval – For

Post by Phil Ratcliff

Phil Ratcliff, President of rebel Financial, is a senior financial advisor that holds an AIF®, CFP®, ChFC®, and CLU® certifications. He started his career at American Express Financial Advisors in 2003, then moved to AXA Advisors for 7 years before founding rebel Financial LLC in 2013.

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