Franklin Templeton IRA

Transcription

1 Forms Franklin Templeton IRA TRADITIONAL IRAS ROTH IRAS ROLLOVER IRAS Please refer to the separate Custodial Agreements and Disclosure Statements booklet for the appropriate Participant IRA Agreements

2 Open a Franklin Templeton IRA: How to Get Started Traditional IRA and Roth IRA If you are: You will need to complete: On page: Establishing a Franklin Templeton Traditional IRA or Roth IRA for the first time. IRA Application Rolling over or transferring a retirement account maintained at another institution to an IRA at Franklin Templeton. IRA Application IRA Rollover/Transfer Form Traditional IRA 1 You can potentially make tax-deductible contributions, based on your earned income and whether or not you (or your spouse, if married) are covered by an employer-sponsored retirement plan. All contributions will accumulate tax deferred until withdrawn. Rollover IRA If you are about to receive a distribution from your employer s retirement plan, such as a 401(k), 403(b) or governmental 457 plan, you may defer paying taxes on your distribution by rolling it over to a Franklin Templeton Rollover IRA. Complete the IRA Application and the IRA Rollover/Transfer Form on pages 1 and 9. Roth IRA 1 You can potentially enjoy tax-free growth on non-deductible Roth IRA contributions, if eligible based on your earned income. Roth Conversion IRA A taxable distribution of all or part of a Traditional IRA or other pre-tax retirement plan may be taken and converted to a Franklin Roth Conversion IRA to take advantage of tax-free growth thereafter into your retirement years. Complete the IRA Application on page 1 and the Roth IRA Conversion Request available at franklintempleton.com. Maintenance Fee Regardless of the number of funds you choose, a $15 maintenance fee will apply to each account with a balance of less than $50,000. The maintenance fee is $10 for accounts with balances of $50,000 and over. This fee is automatically deducted from your account each December, unless you pay separately by check. 2 Visit franklintempleton.com for calculators that can help your IRA decision-making process. Use them together with advice from your financial advisor to make choices about your retirement future. IRA Selector Rollover Planning Calculator Roth IRA Conversion Planner Retirement Savings Calculator Not FDIC Insured May Lose Value No Bank Guarantee 1. If contributing to both a Traditional IRA and a Roth IRA for the same tax year, a limit applies to the combined contribution amount. 2. The maintenance fee will be $10 if the aggregate balance of all your accounts linked under the Cumulative Quantity Discount is $50,000 or more at the time the fee is assessed. Please note that the fee is assessed upon an account closing if the account is closed prior to the December fee assessment.

3 Franklin Templeton IRA Application RIRA APP 05/16 Use this application to open a Traditional IRA, Roth IRA, Rollover IRA or Roth Conversion IRA with Fiduciary Trust International of the South ( FTIOS ). NOTE: To establish systematic distributions, you must also complete the IRA Distribution Request Form found on franklintempleton.com. IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT. To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. If you fail to provide all requested information, it may delay or prevent us from opening an account and making your requested investment(s), and if after your account is open we are unable to verify the information you provide, we may close your account. If completing by hand, please print clearly in CAPITAL LETTERS using blue or black ink. 1 TYPE OF IRA Select one or more IRA types below. If you are opening multiple IRA types, please attach instructions detailing the contribution amount and allocation instructions for each account. If you are opening an inherited beneficiary IRA, please also complete Section 2B in addition to the rest of this application. Traditional IRA Roth IRA Beneficiary Traditional IRA Beneficiary Roth IRA Rollover IRA Roth Conversion IRA Beneficiary Rollover IRA Beneficiary Roth Conversion IRA 2 ACCOUNT OWNER INFORMATION 2A FOR ALL ACCOUNTS Required for account owner: Name, street address, Social Security number (or ITIN) and date of birth. First name, middle initial, last name Suffix SSN/ITIN 1 Date of birth (mm/dd/yyyy) Street address of residence (no P.O. box address) City State ZIP Mailing address (if different from above) City State ZIP Primary phone number Alternate phone number address 2 ( ) ( ) U.S. citizen or resident alien Nonresident alien If you are a Nonresident alien, please indicate your country of citizenship and country of tax residence. Country of citizenship Country of tax residence 2B FOR BENEFICIARY IRA (INHERITED) Complete this section only if you will transfer or roll over funds in an inherited or beneficiary retirement account from another institution. If you have inherited a retirement account for which FTIOS is custodian, please complete the Retirement Plan Beneficiary Distribution Request Form available at franklintempleton.com. In addition to the information below, please provide: 1. Copy of the death certificate 2. Documentation confirming the beneficiary of the decedent s assets you will transfer or roll over. Documentation may include a copy of a statement from the current custodian/trustee that names the beneficiary, a copy of the original application or beneficiary designation, or a letter from the current custodian/trustee. First name of deceased, middle initial, last name Suffix SSN/ITIN Decedent s date of birth (mm/dd/yyyy) Relationship to deceased (choose one) Spouse Non-spouse 1. You must provide your U.S. Taxpayer Identification Number (TIN); a TIN includes the SSN, ITIN, ATIN and EIN. If you have never been issued a U.S. TIN and are not a U.S. citizen, in place of a U.S. TIN please send us a copy of one of the following items: a resident-alien ID card, a current passport, a current foreign government-issued ID card, or other document evidencing nationality or residence that bears a photograph. If any document offered by non-u.s. persons is unfamiliar and cannot be authenticated by reasonable means, the account will not be opened. Refer to Section 10 for additional certification requirements applicable to the registered owner. 2. If you currently receive any electronic documents from Franklin Templeton Investments, future documents will be sent to the address provided on this form, replacing any prior address on file. franklintempleton.com Questions? Please contact your financial advisor or call Franklin Templeton Retirement Services at (800)

4 3 BENEFICIARY INFORMATION This designation will apply to all investments maintained in the IRA custodial account opened with this application. Please provide both a primary and contingent beneficiary designation. Contingent beneficiaries will inherit as indicated ONLY IF all primary beneficiaries do not survive you. Consequently, the total primary and contingent beneficiary allocation should EACH equal 100%. BENEFICIARY 1 5 Primary Share Spouse Non-Spouse (Relationship to you) Trust date, if applicable (mm/dd/yyyy) % 3 First name, middle initial, last name Suffix SSN/ITIN Date of birth (mm/dd/yyyy) Street address City State ZIP BENEFICIARY 2 Primary 4 Share Relationship Trust date, if applicable (mm/dd/yyyy) Contingent 4 % 3 First name, middle initial, last name Suffix SSN/ITIN Date of birth (mm/dd/yyyy) Street address City State ZIP BENEFICIARY 3 Primary 4 Share Relationship Trust date, if applicable (mm/dd/yyyy) Contingent 4 % 3 First name, middle initial, last name Suffix SSN/ITIN Date of birth (mm/dd/yyyy) Street address City State ZIP BENEFICIARY 4 Primary 4 Share Relationship Trust date, if applicable (mm/dd/yyyy) Contingent 4 % 3 First name, middle initial, last name Suffix SSN/ITIN Date of birth (mm/dd/yyyy) Street address City State ZIP IF NAMING MORE THAN FOUR BENEFICIARIES, PROVIDE INFORMATION ON A SEPARATE SHEET. 4 SPOUSAL CONSENT If you are married and designate someone other than your spouse as your primary beneficiary, you may need to obtain your spouse s consent. You should consult with a legal advisor regarding your beneficiary designation. If you determine that your spouse s consent is necessary, s/he can provide that consent below. The following spousal consent is provided as an accommodation; the Custodian is not responsible for determining its necessity or validity. I am the spouse of the owner of the IRA being opened on this form. I consent to the designation of the beneficiary(ies) identified above. SIGNATURE Date Printed name X 3. Benefits shall be divided equally among primary beneficiaries (or contingent beneficiaries), unless otherwise specified. 4. If neither the primary nor contingent box is checked, the beneficiary will be considered a primary beneficiary. 2 Questions? Please contact your financial advisor or call Franklin Templeton Retirement Services at (800) franklintempleton.com

5 5 INITIAL INVESTMENT AND FUND SELECTIONS COMPLETE SECTION 5A (BELOW) AND SECTION 5B (NEXT PAGE). 5A INVESTMENT TYPE Please indicate how your IRA will be funded. NEW CONTRIBUTION Check is enclosed Indicate contribution tax year 2 0 One-time electronic contribution. Please complete Section 8A. Indicate contribution tax year 2 0 Automatic Investment Plan Please complete Sections 8A and 8B. Contribution sourced from an existing Franklin Templeton account Indicate contribution tax year 2 0 Franklin Templeton fund-account number Account will be funded by broker-dealer TRANSFER OR ROLLOVER Check is enclosed OR Investment pending Option I For participant transfers and rollovers Complete 1 and 2 below. 1. Is the payment directly from the plan custodian/trustee or from your personal bank account? Directly from plan custodian/trustee (transfer/direct rollover) From your bank account (60-day rollover) 2. What type of plan is the transfer or rollover coming from? Traditional IRA 6 OR Roth IRA 7 If no check is enclosed, please complete an IRA Rollover/Transfer Form. 401(k), 403(b), or qualified employer sponsored plan 5,6 Please contact the employer-sponsor of the plan for rollover instructions and complete any forms that may be required. SEP IRA or SIMPLE IRA 7 If no check is enclosed, please complete an IRA Rollover/Transfer Form. Option II For beneficiary/inherited accounts only If no check is enclosed, please complete an IRA Rollover/Transfer Form. What type of plan is the transfer or rollover coming from? Directly from a Traditional IRA, Roth IRA, SEP or SIMPLE IRA Directly from a 401(k), 403(b), or qualified employer sponsored plan Please contact the employer-sponsor of the plan for rollover instructions and complete any forms that may be required. INITIAL INVESTMENT AND FUND SELECTIONS CONTINUED ON NEXT PAGE 5. Under current law, the account owner is responsible for tracking after-tax contributions in a Traditional IRA. Therefore, if any transfer or rollover going to your IRA contains after-tax contributions, you are strongly urged to maintain proper records until such amounts are completely distributed to you. 6. If you are opening a Roth IRA, the transfer or rollover must have come from an after-tax account (e.g., a Roth IRA or Roth 401(k)) or, in the case of a Roth Conversion, from a pre-tax account (e.g., a Traditional IRA, a SEP IRA or a SIMPLE IRA) as a distribution on which you will be taxed. 7. SIMPLE IRAs may be transferred or rolled over to another plan type only after two years from the date of initial participation in the plan. Before two years, you may only transfer to another SIMPLE IRA. franklintempleton.com Questions? Please contact your financial advisor or call Franklin Templeton Retirement Services at (800)

6 5 INITIAL INVESTMENT AND FUND SELECTIONS (cont d.) 5B INVESTMENT ALLOCATION The Total minimum investment amount is $250 per fund. See prospectus section titled Buying Shares for more information. TOTAL INVESTMENT AMOUNT Please indicate the dollar amount ($) or percentage (%) to be invested in each fund (must equal 100% of investment). If no dollar amount or percentage is indicated below, the investment will be apportioned equally among all selected funds. Class A shares will be purchased if no class of shares is selected. Please make check(s) payable to FTIOS. CLASS A & CLASS C SHARES Class A and Class C shares are the most widely used share classes for individual investors. You must have a broker-dealer to purchase Class C shares. INVESTMENT 9 VALUE FUNDS Class (fund number) 8 $ Amount or % Franklin Balance Sheet Investment A (150) C (250) Adv (650) Franklin MidCap Value A (422) C (522) Franklin Mutual Beacon A (476) C (576) Z (076) Franklin Mutual Quest A (475) C (575) Z (075) Franklin Mutual Shares A (474) C (574) Z (074) Franklin Small Cap Value A (482) C (582) Adv (682) BLEND FUNDS Franklin Focused Core Equity A (443) C (543) Adv (600) Franklin Rising Dividends A (158) C (258) Adv (658) GROWTH FUNDS Franklin DynaTech A (108) C (208) Adv (628) Franklin Flex Cap Growth A (180) C (280) Adv (683) Franklin Growth A (106) C (206) Adv (606) Franklin Growth Opportunities A (462) C (562) Adv (662) Franklin Small-Mid Cap Growth A (198) C (298) Adv (698) SECTOR FUNDS Franklin Biotechnology Discovery A (402) C (242) Adv (042) Franklin Global Listed Infrastructure A (997) C (267) Adv (947) Franklin Global Real Estate A (495) C (595) Adv (695) Franklin Gold and Precious Metals A (132) C (232) Adv (632) Franklin Mutual Financial Services A (479) C (579) Z (079) Franklin Natural Resources A (403) C (503) Adv (613) Franklin Real Estate Securities A (192) C (292) Adv (692) Franklin Utilities A (107) C (207) Adv (607) GLOBAL FUNDS Franklin Mutual Global Discovery A (477) C (577) Z (077) Templeton Global Opportunities Trust A (415) C (515) Adv (678) Templeton Global Smaller Companies A (103) C (203) Adv (603) Templeton Growth A (101) C (201) Adv (601) Templeton World A (102) C (202) Adv (602) INTERNATIONAL FUNDS Franklin India Growth A (141) C (241) Adv (644) Franklin International Growth A (429) C (248) Adv (649) Franklin Mutual European A (478) C (578) Z (078) Franklin Mutual International A (373) C (573) Z (073) Templeton China World A (188) C (288) Adv (680) Templeton Developing Markets Trust A (711) C (791) Adv (611) Templeton Emerging Markets Small Cap A (426) C (526) Adv (626) Templeton Foreign A (104) C (204) Adv (604) HYBRID FUNDS Franklin Balanced A (424) C (517) Adv (624) Franklin Convertible Securities A (137) C (237) Adv (637) Franklin Equity Income A (139) C (239) Adv (639) Franklin Income A (109) C (209) Adv (609) Templeton Emerging Markets Balanced A (080) C (211) Adv (011) Templeton Global Balanced A (325) C (225) Adv (625) ADVISOR CLASS & CLASS Z SHARES Advisor Class and Class Z shares are available only to certain, eligible investors. Please see prospectus section titled Qualified Investors for more information. Class Z Only: Franklin Mutual Series fund investors who were shareholders of record on 10/31/1996 (and other entities subject to the terms and conditions as set forth in the prospectus) can purchase Class Z shares in any Franklin Mutual Series Fund. You must complete Section 7 to purchase Class Z shares under this provision. INVESTMENT 9 ASSET ALLOCATION FUNDS Class (fund number) 8 $ Amount or % Franklin Corefolio Allocation A (470) C (570) Adv (670) Franklin Founding Funds Allocation A (481) C (282) Adv (671) Franklin Conservative Allocation A (484) C (584) Adv (641) Franklin Moderate Allocation A (485) C (585) Adv (642) Franklin Growth Allocation A (486) C (586) Adv (643) Franklin LifeSmart Retirement Income A (427) C (527) Adv (627) Franklin LifeSmart 2020 Retirement Target A (052) C (552) Adv (082) Franklin LifeSmart 2025 Retirement Target A (445) C (545) Adv (645) Franklin LifeSmart 2030 Retirement Target A (047) C (553) Adv (083) Franklin LifeSmart 2035 Retirement Target A (446) C (546) Adv (646) Franklin LifeSmart 2040 Retirement Target A (049) C (255) Adv (081) Franklin LifeSmart 2045 Retirement Target A (451) C (551) Adv (651) Franklin LifeSmart 2050 Retirement Target A (059) C (259) Adv (098) Franklin LifeSmart 2055 Retirement Target A (959) C (289) Adv (999) ALTERNATIVE FUNDS Franklin K2 Alternative Strategies A (068) C (520) Adv (010) Franklin K2 Long Short Credit A (948) C (547) Adv (998) Franklin Pelagos Commodities Strategy A (995) C (295) Adv (015) FIXED INCOME FUNDS Franklin Adjustable U.S. Government Securities A (138) C (238) Adv (638) Franklin Flexible Alpha Bond A (953) C (283) Adv (983) Franklin Floating Rate Daily Access A (489) C (589) Adv (689) Franklin Global Government Bond A (058) C (508) Adv (048) Franklin High Income A (105) C (205) Adv (605) Franklin Low Duration Total Return A (401) C (501) Adv (621) Franklin Real Return A (423) C (213) Adv (623) Franklin Strategic Income A (194) C (294) Adv (694) Franklin Strategic Mortgage Portfolio A (357) C (957) Adv (057) Franklin Total Return A (460) C (560) Adv (660) Franklin U.S. Government Securities A (110) C (210) Adv (610) Templeton Emerging Markets Bond A (072) C (572) Adv (012) Templeton Global Bond A (406) C (506) Adv (616) Templeton Global Total Return A (407) C (507) Adv (696) Templeton Hard Currency A (412) Adv (612) Templeton International Bond A (447) C (247) Adv (647) MONEY FUND Franklin U.S. Government Money Fund A (111) 8. Class A shares will be purchased if no class of shares is selected. If you are opening a Rollover IRA with a distribution from an employer-sponsored retirement plan (as defined in the Fund s prospectus) for which FTIOS was the plan trustee or custodian, your investments will be made into Class A shares without a sales charge. 9. If no dollar amount or percentage is indicated, payment by single check or bank money order will be apportioned equally among all selected funds. 4 Questions? Please contact your financial advisor or call Franklin Templeton Retirement Services at (800) franklintempleton.com

7 6 SALES CHARGE REDUCTIONS FOR CLASS A SHARES Franklin Templeton offers two ways for you to combine your current purchase of Class A shares with other existing Franklin Templeton fund share holdings that might enable you to qualify for a lower sales charge with your current purchase. You can qualify for a lower sales charge when you reach certain sales charge breakpoints. This quantity discount information is available at franklintempleton.com by clicking the Funds tab and then choosing Quantity Discounts. CUMULATIVE QUANTITY DISCOUNT FOR CLASS A SHARES (Please provide statement copies for any holdings that are not held directly with Franklin Templeton.) I am familiar with the cumulative quantity discount provision of the Fund s prospectus and understand that I can combine the amount of my current purchase of Class A shares with any existing holdings that the prospectus describes as cumulative quantity discount eligible shares to determine if I can qualify for a reduced sales charge breakpoint. I also understand that if there are any existing cumulative quantity discount eligible shares that I want combined with my current purchase, I must identify the account(s) in which they are held below or they will not be considered in determining if my current purchase qualifies for a reduced sales charge breakpoint. I have reviewed the prospectus (or web page noted above) and believe that cumulative quantity discount eligible shares are held in the following account(s): Fund-account number(s) Cumulative value of eligible shares $ LETTER OF INTENT FOR CLASS A SHARES I intend to purchase additional shares issued by one or more Franklin Templeton funds over a 13-month period following my initial purchase in order to be eligible for a sales charge discount on my purchase of Class A shares. I agree to the terms of the Letter of Intent described in the applicable prospectus(es) and grant Franklin/Templeton Distributors, Inc. a security interest in the shares to be reserved. Al though I am not obligated to do so, the aggregate amount of Franklin Templeton funds shares I intend to purchase over the 13-month period will be in an aggregate amount at least equal to $50, $100,000 $250,000 $500,000 $1,000,000 Please list the Franklin Templeton fund-account numbers that should be included in your Letter of Intent. Fund-account number(s) 7 ELIGIBILITY FOR CLASS Z SHARES Franklin Mutual Series fund investors who were shareholders of record on October 31, 1996, and other entities subject to the terms and conditions as set forth in the prospectus are able to establish additional accounts in any Franklin Mutual Series fund. If you hold shares in a Franklin Mutual Series fund through a broker-dealer, servicing agent, employee-sponsored retirement plan, IRA, bank trust department, or registered investment advisor, you must attach an account statement from a broker-dealer, servicing agent, etc., specifically indicating your ownership of those shares as of October 31, If you hold shares directly with Franklin Templeton, complete the following. Please indicate the condition met that qualifies your purchase of Class Z shares. I am a beneficial owner of the account identified below. An immediate family member residing within the same household is a beneficial owner of the account identified below. I am a custodian, trustee, guardian or conservator listed on the account identified below. Other (See the Buying Shares section in the Funds prospectus) If applicable, provide the account number for Franklin Mutual Series fund holdings that qualify your purchase of Class Z shares. Fund-account number(s) 8 BANK INFORMATION AND AUTOMATIC INVESTMENTS 8A BANK INFORMATION 11 Please select one of the options below to enable transfers directly to and from your bank account. These bank instructions will be established for purchases, automatic investment plan transfers, redemptions and any pre-established systematic withdrawals or dividend/capital gain payments. Select one option below: Use my enclosed personal investment check. (If more than one investment check is enclosed, please provide the appropriate bank information below.) Bank routing number (9 digits) Bank account number Account type Checking Savings OR Use my attached, preprinted voided check/deposit slip. SEE NEXT PAGE 10. Not applicable for all funds. 11. Redemption requests to send proceeds electronically within 15 days of establishing or changing bank instructions must be submitted by completing an IRA Distribution Request form, signature guaranteed by a bank, savings and loan association, trust company, credit union, broker-dealer or any other eligible guarantor institution as defined under the rules adopted by the Securities and Exchange Commission, otherwise proceeds will be sent by check to your address of record. franklintempleton.com Questions? Please contact your financial advisor or call Franklin Templeton Retirement Services at (800)

8 8 BANK INFORMATION AND AUTOMATIC INVESTMENTS (cont d.) 8A BANK INFORMATION (cont d.) Any bank account owner who is not the owner of the Franklin Templeton Fund account must sign below. SIGNATURE OF BANK ACCOUNT OWNER Date SIGNATURE OF BANK ACCOUNT OWNER Date X X Tape a preprinted, voided check or preprinted savings account deposit slip here. Bank account registration information (your name and address) cannot be blank or handwritten. Do not staple. J. A. Sample 123 Street Anywhere, USA ATTACH PREPRINTED, VOIDED CHECK OR DEPOSIT SLIP 8B AUTOMATIC INVESTMENT PLAN Complete this section to start scheduled, automatic investment transfers directly FROM a bank account TO your Franklin Templeton fund account(s). Bank information must be provided in Section 8A for your request to be valid. When indicating start date, please note that it may take up to 15 days for Franklin Templeton to establish your automatic investment. If Frequency and Investment Date are not selected, we will default to monthly on the 20th. Please complete one of the options below to set up an Automatic Investment Plan Option 1 Apply the options indicated below to all funds selected in Section 5 AMOUNT PER FUND START MONTH FREQUENCY INVESTMENT DATE 12 ($50 minimum) (select one) (select one) monthly annually 1st 10th 20th $ quarterly 5th 15th 25th OR Option 2 Apply the options indicated below to only the funds listed: ATTACH A SEPARATE SHEET IF MORE THAN THREE FUNDS SHARE FUND NAME 14 AMOUNT PER FUND START MONTH FREQUENCY INVESTMENT DATE 12 CLASS 13 ($50 minimum) (select one) (select one) Class A monthly annually 1st 10th 20th Class C $ quarterly 5th 15th 25th Class A monthly annually 1st 10th 20th Class C $ quarterly 5th 15th 25th Class A monthly annually 1st 10th 20th Class C $ quarterly 5th 15th 25th 9 TELEPHONE TRANSACTION PRIVILEGES You and your financial advisor automatically have the convenience of Telephone Exchange and Redemption Privileges unless you check below. If bank information is provided in Section 8A, you and your financial advisor have the convenience of Telephone Purchases and Redemptions via electronic funds transfer, UNLESS you check below. Review your prospectus for a discussion of these privileges. I do NOT want Telephone Exchange Privileges. I do NOT want Telephone Redemption Privileges (if you decline this privilege, the Telephone Purchase Privilege will not be available). I do NOT want Telephone Purchase Privileges (if you decline this privilege and accept the Telephone Redemption Privilege, redemp tions will only be available by check). IF YOU DECLINE A PARTICULAR TELEPHONE PRIVILEGE, THAT PRIVILEGE WILL ALSO NOT BE AVAILABLE TO YOU ONLINE. 12. If the Investment Date falls on a weekend or holiday, the transaction will be made on the following business day. 13. If you are eligible to purchase Class Z or Advisor Class shares and would like to establish an automatic investment, write Class Z or Advisor Class next to the fund name. 14. Please substitute Account Number if you wish to direct this to an existing account. 6 Questions? Please contact your financial advisor or call Franklin Templeton Retirement Services at (800) franklintempleton.com

9 BY SIGNING BELOW I CERTIFY AND AGREE THAT: The information provided on this application is true, correct and complete. You may verify this information with others, including third-party credit reporting agencies and databases and U.S. and/or foreign government agencies, and if unable to verify my information, you are authorized to close my account by redeeming shares at the then applicable net asset value. I hereby appoint Fiduciary Trust International of the South as Custodian of my IRA under the terms of the Traditional IRA Custodial Account Agreement (the Agreement ). I have received and read the Agreement and the IRA Disclosure Statement. I consent to a maintenance fee for the type of IRA custodial account opened by this application. A $15 maintenance fee will apply to each account type with a balance of less than $50,000. The maintenance fee is $10 for accounts with balances of $50,000 and over. 15 I have received and read the prospectus for each fund selected in Section 5B and agree to the terms of each. I have full authority and am of legal age (or an emancipated minor) to buy and sell shares. The information in Sections 2, 3, 4, 6, 7, 8, 9 and 10 applies to any new fund into which my shares may be exchanged. I consent to the recording of our telephone conversations when I call you regarding my shares and account. SIGNATURE X 10 SIGNATURE AND CERTIFICATION If I request transfers to or from my bank account in this application or at any time, including by telephone, electronically or otherwise, you are authorized to make those requested transfers (and to make, if necessary, adjusting transfers if any amounts are transferred in error). I agree that Franklin Templeton may make additional attempts to debit/credit the account if the initial attempt fails and if a transfer is denied by the bank for any reason, Franklin Templeton will discontinue this authorization. I understand that I can end this authorization at any time by notifying you in writing or by telephone. If I am an owner of the bank account identified on this application, I certify that my signature alone is sufficient to authorize debits from my bank account. You are authorized to provide any information about my account(s) to my dealer or other financial advisor. I will review all account statements and written notifications after each transaction affecting my account upon receipt and will notify you immediately if there is a discrepancy. I understand that my property may be transferred to the appropriate state if no activity/communication occurs in the account within the time period specified by my state s law. I understand that mutual fund shares are not deposits or obligations of, or guaranteed or endorsed by, any bank, and are not federally insured by the Federal Deposit Insurance Corporation, the Federal Reserve Board, or any other agency of the U.S. Government, and that an investment in mutual fund shares involves risks, including the possible loss of principal. Date 11 BROKER-DEALER USE ONLY Please Print This application for the purchase of shares complies with the terms of our selling agreement with Franklin/Templeton Distributors, Inc. ( Distributors ) and with the current prospectus(es) for the fund(s) identified in Section 5B. We agree to notify Distributors of any purchases of shares which may be eligible for reduced or eliminated charges. WIRE ORDERS ONLY: The attached check for $ should be applied against wire order control number dated for shares Securities dealer name Broker identification number Financial advisor first name M.I. Last name Suffix Telephone number ( ) Financial advisor Dealer number Branch number Financial advisor number Branch address City State ZIP AUTHORIZED SIGNATURE, SECURITIES DEALER X Title 15. The maintenance fee will be $10 if the aggregate balance of all of the participant s accounts that are linked under the Cumulative Quantity Discount is $50,000 or more at the time the fee is assessed. Please note that the fee is assessed upon an account closing if the account is closed prior to the annual fee assessment, which generally occurs in the first week of December. franklintempleton.com Questions? Please contact your financial advisor or call Franklin Templeton Retirement Services at (800)

10 BEFORE YOU SIGN AND SUBMIT TO OPEN ACCOUNT DID YOU PROVIDE: A typed application or application handwritten in capital letters using blue or black ink SECTION 1 The type(s) of IRA(s) that should be established with this request SECTION 2 Information for the Account Owner authorized to transact business on the account Full first and last name Street address Social Security number/itin and date of birth Information in Section 2B if opening an inherited beneficiary account For inherited beneficiary accounts only, did you include: a copy of the death certificate documentation confirming the beneficiary of the decedent s assets you will transfer or roll over SECTION 3 The name and relationship of all Beneficiary(ies) Percentages of Primary and Contingent Beneficiaries that equal to 100% SECTION 5 Source of funding Fund share class Fund investment(s) and allocation(s)/percentage(s) equal to 100% $250 initial minimum investment or $50 if establishing an Automatic Investment Plan Broker-Dealer information in Section 11, if you are selecting a Class C fund SECTION 10 The signature of the Account Owner TO ADD BANK INFORMATION TO YOUR PLAN DID YOU PROVIDE: SECTION 8 Pre-printed voided check or savings deposit slip If setting up an Automatic Investment Plan Fund name(s) Amount, start month, frequency, and investment date for each PLEASE MAKE A PHOTOCOPY OF THE COMPLETED FORM FOR YOUR RECORDS 2016 Franklin Templeton Investments. All rights reserved. Please mail to WEST COAST EAST COAST Overnight Not FDIC Insured May Lose Value FTIOS c/o Franklin Templeton Investor Services, LLC P.O. Box Sacramento, CA Quality Drive Rancho Cordova, CA No Bank Guarantee FTIOS c/o Franklin Templeton Investor Services, LLC P.O. Box St. Petersburg, FL Fountain Parkway N. St. Petersburg, FL /16 RIRA APP 05/16

11 Franklin Templeton IRA Transfer / Direct Rollover Form RIRA FTR 05/16 Use this form to request a transfer or direct rollover of retirement assets held at another institution to an IRA with Fiduciary Trust International of the South ( FTIOS ) as Custodian. Only designated Roth assets can be transferred to a Roth IRA. If you intend to convert a Traditional IRA to a Roth Conversion IRA, do not use this form. Instead, please use the Franklin Templeton Roth Conversion Request Form available at franklintempleton.com. 1 ACCOUNT OWNER INFORMATION First name M.I. Last name Suffix SSN/ITIN Date of birth (mm/dd/yyyy) Primary phone number Alternate phone number ( ) ( ) 2 TRANSFER/DIRECT ROLLOVER INSTRUCTIONS Identify the type of account you intend to transfer/directly roll over (FROM CURRENT INSTITUTION) and the type of Franklin Templeton IRA retirement plan (TO FRANKLIN TEMPLETON) into which the funds are to be invested. Please include a copy of your account statement from the current institution. FROM CURRENT INSTITUTION Transfer from: TO FRANKLIN TEMPLETON Transfer/Direct Rollover to: Traditional IRA Traditional IRA SIMPLE IRA 1 Rollover IRA Rollover IRA SEP IRA Roth IRA Roth IRA SARSEP IRA Roth Conversion IRA Roth Conversion IRA SIMPLE IRA 1 Inherited Beneficiary Information SEP IRA Check this box if the above-checked IRA has been (or is being) opened as an Inherited IRA by the beneficiary of the original participant. Please also provide SARSEP IRA the information below: Direct Rollover from*: Name of decedent 401(k) 2 First name, middle initial, last name Profit Sharing 2 (with no salary deferral option) Money Purchase Pension Plan 2 403(b) 2 Other (specify) Relationship to Beneficiary: Spouse Non-Spouse Beneficiary Required Minimum Distribution (RMD) information: To establish systematic withdrawals to satisfy your RMD, complete a Beneficiary Distribution Request Form available at franklintempleton.com. * If your employer-sponsored plan contains after-tax (e.g. Roth) contributions and you are directly rolling over your after-tax proceeds to a Roth IRA and the pretax portion to a Rollover IRA (or Traditional IRA), please use two separate forms and ensure clear instructions regarding the handling of your pre-tax and after-tax portions are provided to your plan administrator or employer. 3 CONTACT INFORMATION FOR CURRENT IRA CUSTODIAN OR PLAN TRUSTEE Check here if you have already initiated this request and this form is not required by the current IRA custodian or plan trustee. Proceed to Section 4. Please provide contact information for the current IRA custodian plan or trustee below. Franklin Templeton will forward this document to transfer/directly roll over retirement assets to your Franklin Templeton IRA. If you do not know the correct address, please verify with the current IRA custodian or plan trustee before you submit this form. Current IRA custodian or plan trustee Phone number ( ) Address City State ZIP 1. SIMPLE IRAs may only be transferred or directly rolled over to another type of IRA after two years from the date of the first SIMPLE IRA contribution. Before two years, you may only transfer to another SIMPLE IRA. 2. This transaction will be considered a direct rollover. Additional forms may be required if the account you intend to roll over is currently held within certain retirement plans provided by a former employer. Please contact the employer-plan sponsor or the plan administrator for more information regarding rollover requirements. franklintempleton.com Questions? Please call your financial advisor or Franklin Templeton Retirement Services at (800)

12 4 TRANSFER/DIRECT ROLLOVER AMOUNT Choose only one option. 100% Transfer/Direct Rollover Check here to move the entire balance from your current retirement account to an IRA with Franklin Templeton. Investment/fund name and share class Account number at current institution Partial Transfer/Direct Rollover Check here to move a portion of your current retirement account to an IRA with Franklin Templeton. Investment/fund name and share class Account number at current institution Amount to transfer/directly roll over % or $ % or $ % or $ Current Trustee/Custodian: Franklin Templeton mutual fund shares should be transferred in kind. All other securities should be liquidated in accordance with instructions provided above and proceeds sent to FTIOS via check. 5 SPECIAL INSTRUCTIONS FOR CDs For certificates of deposit (CDs) only: If you would like to transfer assets on specific maturity dates, please provide those dates here. Please note that Franklin Templeton must receive this form at least two weeks, but not more than three months, prior to the CD maturity date. Date 1 Date 2 Date 3 6 INVESTMENT ALLOCATION Please indicate the allocation for your transfer/direct rollover, providing the amount to be invested in each fund ($) or the percentage of the total allocation (%). If no dollar amount or percentage is indicated below, your transfer/direct rollover will be apportioned equally among all selected funds. Class A shares will be purchased if no class of shares is selected. CLASS A & CLASS C SHARES ADVISOR CLASS & CLASS Z SHARES Class A and Class C shares are the most widely used share classes for Advisor Class and Class Z shares are available only to certain, eligible investors. individual investors. Please see prospectus section titled Qualified Investors for more information. $250 minimum initial investment for most funds. See prospectus section Class Z Only: Franklin Mutual Series fund investors who were shareholders titled Buying Shares for more information. of record on 10/31/1996 (and other entities subject to the terms and You must have a broker-dealer to purchase Class C shares. conditions as set forth in the prospectus) can purchase Class Z shares in any Franklin Mutual Series Fund. Invest the transfer or rollover proceeds in my existing account(s) as indicated below: Existing Accounts: Fund number Account number Allocation amount OR Percentage $ % $ % $ % Invest the transfer or rollover proceeds in accordance with the fund selection provided in the attached Franklin Templeton IRA Application. I have an existing Franklin Templeton account, but would like my transfer or rollover proceeds directed to the fund and share class listed below: INVESTMENT VALUE FUNDS Class (fund number) 3 $ Amount or % Franklin Balance Sheet Investment A (150) C (250) Adv (650) Franklin MidCap Value A (422) C (522) Franklin Mutual Beacon A (476) C (576) Z (076) Franklin Mutual Quest A (475) C (575) Z (075) Franklin Mutual Shares A (474) C (574) Z (074) Franklin Small Cap Value A (482) C (582) Adv (682) BLEND FUNDS Franklin Focused Core Equity A (443) C (543) Adv (600) Franklin Rising Dividends A (158) C (258) Adv (658) INVESTMENT GROWTH FUNDS Class (fund number) 3 $ Amount or % Franklin DynaTech A (108) C (208) Adv (628) Franklin Flex Cap Growth A (180) C (280) Adv (683) Franklin Growth A (106) C (206) Adv (606) Franklin Growth Opportunities A (462) C (562) Adv (662) Franklin Small-Mid Cap Growth A (198) C (298) Adv (698) SECTOR FUNDS Franklin Biotechnology Discovery A (402) C (242) Adv (042) Franklin Global Listed Infrastructure A (997) C (267) Adv (947) Franklin Global Real Estate A (495) C (595) Adv (695) Franklin Gold and Precious Metals A (132) C (232) Adv (632) Franklin Mutual Financial Services A (479) C (579) Z (079) Franklin Natural Resources A (403) C (503) Adv (613) Franklin Real Estate Securities A (192) C (292) Adv (692) Franklin Utilities A (107) C (207) Adv (607) SEE NEXT PAGE FOR ADDITIONAL INVESTMENT ALLOCATIONS 3. If you are opening a Rollover IRA with a distribution from an employer-sponsored retirement plan (as defined in the Fund s prospectus) for which FTIOS was the plan trustee or custodian, your investments will be made into Class A shares without a sales charge. 10 Questions? Please call your financial advisor or Franklin Templeton Retirement Services at (800) franklintempleton.com

13 6 INVESTMENT ALLOCATION (cont d.) INVESTMENT GLOBAL FUNDS Class (fund number) 4 $ Amount or % Franklin Mutual Global Discovery A (477) C (577) Z (077) Templeton Global Opportunities Trust A (415) C (515) Adv (678) Templeton Global Smaller Companies A (103) C (203) Adv (603) Templeton Growth A (101) C (201) Adv (601) Templeton World A (102) C (202) Adv (602) INTERNATIONAL FUNDS Franklin India Growth A (141) C (241) Adv (644) Franklin International Growth A (429) C (248) Adv (649) Franklin Mutual European A (478) C (578) Z (078) Franklin Mutual International A (373) C (573) Z (073) Templeton China World A (188) C (288) Adv (680) Templeton Developing Markets Trust A (711) C (791) Adv (611) Templeton Emerging Markets Small Cap A (426) C (526) Adv (626) Templeton Foreign A (104) C (204) Adv (604) HYBRID FUNDS Franklin Balanced A (424) C (517) Adv (624) Franklin Convertible Securities A (137) C (237) Adv (637) Franklin Equity Income A (139) C (239) Adv (639) Franklin Income A (109) C (209) Adv (609) Templeton Emerging Markets Balanced A (080) C (211) Adv (011) Templeton Global Balanced A (325) C (225) Adv (625) ASSET ALLOCATION FUNDS Franklin Corefolio Allocation A (470) C (570) Adv (670) Franklin Founding Funds Allocation A (481) C (282) Adv (671) Franklin Conservative Allocation A (484) C (584) Adv (641) Franklin Moderate Allocation A (485) C (585) Adv (642) Franklin Growth Allocation A (486) C (586) Adv (643) Franklin LifeSmart Retirement Income A (427) C (527) Adv (627) Franklin LifeSmart 2020 Retirement Target A (052) C (552) Adv (082) Franklin LifeSmart 2025 Retirement Target A (445) C (545) Adv (645) INVESTMENT ASSET ALLOCATION FUNDS (cont d.) Class (fund number) 4 $ Amount or % Franklin LifeSmart 2030 Retirement Target A (047) C (553) Adv (083) Franklin LifeSmart 2035 Retirement Target A (446) C (546) Adv (646) Franklin LifeSmart 2040 Retirement Target A (049) C (255) Adv (081) Franklin LifeSmart 2045 Retirement Target A (451) C (551) Adv (651) Franklin LifeSmart 2050 Retirement Target A (059) C (259) Adv (098) Franklin LifeSmart 2055 Retirement Target A (959) C (289) Adv (999) ALTERNATIVE FUNDS Franklin K2 Alternative Strategies A (068) C (520) Adv (010) Franklin K2 Long Short Credit A (948) C (547) Adv (998) Franklin Pelagos Commodities Strategy A (995) C (295) Adv (015) FIXED INCOME FUNDS Franklin Adjustable U.S. Government Securities A (138) C (238) Adv (638) Franklin Flexible Alpha Bond A (953) C (283) Adv (983) Franklin Floating Rate Daily Access A (489) C (589) Adv (689) Franklin Global Government Bond A (058) C (508) Adv (048) Franklin High Income A (105) C (205) Adv (605) Franklin Low Duration Total Return A (401) C (501) Adv (621) Franklin Real Return A (423) C (213) Adv (623) Franklin Strategic Income A (194) C (294) Adv (694) Franklin Strategic Mortgage Portfolio A (357) C (957) Adv (057) Franklin Total Return A (460) C (560) Adv (660) Franklin U.S. Government Securities A (110) C (210) Adv (610) Templeton Emerging Markets Bond A (072) C (572) Adv (012) Templeton Global Bond A (406) C (506) Adv (616) Templeton Global Total Return A (407) C (507) Adv (696) Templeton Hard Currency A (412) Adv (612) Templeton International Bond A (447) C (247) Adv (647) MONEY FUND Franklin U.S. Government Money Fund A (111) 4. If you are opening a Rollover IRA with a distribution from an employer-sponsored retirement plan (as defined in the Fund s prospectus) for which FTIOS was the plan trustee or custodian, your investments will be made into Class A shares without a sales charge. franklintempleton.com Questions? Please call your financial advisor or Franklin Templeton Retirement Services at (800)

14 7 SIGNATURE I have established an IRA (as indicated in Section 2) with Fiduciary Trust International of the South ( FTIOS ). Please accept this as your authorization to transfer/ directly roll over the assets specified in Sections 4 and 5 to FTIOS, as custodian for my IRA. If any of the assets listed are currently invested in Franklin Templeton fund shares, I authorize that they be transferred/directly rolled over in kind, not redeemed. I certify that none of the assets to be transferred/directly rolled over include any minimum required distribution amounts under IRC Section 401(a)(9) for the current year. I have previously completed or am including a Franklin Templeton IRA Application or SIMPLE IRA/SEP IRA Application. Signature Date X MEDALLION SIGNATURE GUARANTEE: (If required by the current custodian, not required by FTIOS) IF YOU HAVE ANY QUESTIONS, PLEASE CONTACT: Me My financial advisor Financial advisor name Phone number of financial advisor ( ) FOR RESIGNING TRUSTEE/CUSTODIAN ONLY NOTE: All amounts to be transferred/directly rolled over should be sold (liquidated) except for Franklin Templeton fund shares, which shall be transferred/directly rolled over in kind. Make checks payable to FTIOS and remit to the nearest address below. Fiduciary Trust International of the South ( FTIOS ) hereby accepts the transfer or direct rollover of assets requested herein as custodian for the type of IRA shown in Section 2 for benefit of the account owner. This acceptance extends only to cash and Franklin Templeton fund shares. Please make the check(s) (if applicable) payable to FTIOS custodian for (IRA type from Section 2) of (account owner s name) Transfer / Direct Rollover and mail the check(s) with a copy of this request to one of the addresses listed below. Authorized Signature Fiduciary Trust International of the South X Gail E. Cohen, President and CEO BEFORE YOU SUBMIT SECTION 1 Did you provide your date of birth and Social Security number (or ITIN)? SECTION 2 If requesting a rollover from a 401(k), 403(b), Profit Sharing or Money Purchase Plan, did you contact the plan trustee regarding additional forms needed to complete the rollover? Did you indicate the type of account into which the transfer or direct rollover will be deposited? SECTION 3 Did you provide contact information for the current trustee or custodian of your retirement plan? SECTION 6 Did you check the appropriate share class for the fund or funds you want to invest in and indicate the amount of your investment in each fund? SECTION 7 Did you provide your signature? Please mail to WEST COAST EAST COAST Overnight FTIOS c/o Franklin Templeton Investor Services, LLC P.O. Box Sacramento, CA Quality Drive Rancho Cordova, CA FTIOS c/o Franklin Templeton Investor Services, LLC P.O. Box St. Petersburg, FL Fountain Parkway N. St. Petersburg, FL /16 12 Questions? Please call your financial advisor or Franklin Templeton Retirement Services at (800) franklintempleton.com

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16 FTIOS c/o Franklin Templeton Investor Services, LLC West Coast P.O. Box Sacramento, CA East Coast P.O. Box St. Petersburg, FL (800) franklintempleton.com 2016 Franklin Templeton Investments. All rights reserved. RIRA XF 05/16