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Franklin Templeton’s Social Media pages are intended for information purposes only.

Nothing on Franklin Templeton’s social media pages shall be considered a solicitation to buy or an offer to sell, or a recommendation for a security or any other product or service to any person in any jurisdiction where such solicitation, offer, recommendation, purchase or sale would be unlawful under the laws of that jurisdiction.

The views expressed are those of the investment manager or its agents and the comments, opinions and analyses are rendered as at publication date and may change without notice. The underlying assumptions and these views are subject to change based on market and other conditions and may differ from other portfolio managers or of the firm as a whole. The information provided in this material is not intended as a complete analysis of every material fact regarding any country, region or market. The value of investments and the income from them can go down as well as up and you may not get back the full amount that you invested. Past performance is not necessarily indicative nor a guarantee of future performance. All investments involve risks, including possible loss of principal.

There is no assurance that any estimate, forecast or projection will be realized.

Social media websites are owned third party unaffiliated with Franklin Templeton; you use any third-party sites, software and materials at your own risk — we urge you to review the privacy, security, terms of use, and other policies of each site you visit. Note that links can take you to third-party sites/media, directly or through new browser windows.

Franklin Templeton does not control, adopt, endorse or accept responsibility for content, tools, products or services (including any software, links, advertising, opinions, comments, advice, recommendations, or security or privacy policies) available on or through third party sites or media.

Any opinions expressed by social media users are those of the persons submitting the comments or posts and do not represent the views of Franklin Templeton or its management.

We appreciate your feedback and suggestions; by submitting them you agree that we may use them without compensation or attribution to you.

Franklin Resources reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Franklin Resources will not accept purchase or sale orders via third party websites or its messaging systems. Franklin Resources is not responsible for content posted by third parties. Never disclose FT account or personal financial information on social media webpages.

Social media websites are owned by a third-party unaffiliated with FT and FT is not responsible for the privacy or security policies or content of third party websites.

Your personal data may be subject to our Privacy & Cookies Notice which you can read here: https://www.franklintempletonglobal.com/privacy, regardless of where the data originates.

Commenting guidelines

We welcome your comments! To help ensure exchanges are productive and respectful of diverse viewpoints, and generally stay on topic, we require that you follow our guidelines.

We review comments and reserve the right to block any comments or commenters, including those we deem inappropriate or offensive.

Be civil. We can handle disagreement and constructive criticism, but ask that you refrain from general or personal attacks, or being disrespectful of Franklin Templeton, other companies, your fellow viewers, and others.

Be constructive. Attacks or “off-limits” comments such as those concerning threatened or actual litigation, or disputes between you and another will be excluded. If you would like to provide feedback or receive follow-up, please write to us directly at [email protected].

No spam. Comments focused on selling a product or service, are promotional in nature, or attempting to influence polls, rankings, or web traffic will be excluded.

No offensive language. Comments including, but not limited to, profane or provocative language will be excluded (which means that discriminatory, libelous, hateful, racially or ethnically offensive or derogatory content, threats or harassment, obscene or sexually explicit language) will not be tolerated.

No personal financial or private information. Please do not provide any of your specific account details or other personal information on this public site. If you have immediate service needs or require help with a transaction, please contact our Customer Service at www.franklintempleton.com or call (800) DIAL BEN / (800) 342-5236.

No investment advice. Comments that request or provide specific investment advice, recommendations or testimonials will be excluded as this site is intended as informational only.

Obey the law. Of course. Respect the rights of others, including copyright, trade secret, confidential or proprietary information, and so forth.

Underage. We cannot accept comments from individuals under the age of 13.

Guideline Changes. Franklin Templeton reserves the right to change these guidelines at any time at its sole discretion. The most current version will be available online.