Franklin Templeton Investments Corp., a Toronto unit of Franklin Resources Inc., launched a global fund of funds and a North American quant fund for Canadians who want a conservative way to re-enter the equity markets while balancing their risk with fixed income.

The Franklin Templeton Global Blend Fund allows investors to participate in equity returns while maintaining the stability of fixed income investing, the unit announced Monday. The underlying funds are the Templeton Global Bond Fund, the Mutual Discovery Fund, and the Franklin World Growth Fund.

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