DEFA14A 1 a_coreeqdefa14a.htm PUTNAM FUNDS TRUST a_coreeqdefa14a.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION 
WASHINGTON, DC 20549
 
SCHEDULE 14A
(RULE 14A-101)
 
INFORMATION REQUIRED IN PROXY STATEMENT 
 
SCHEDULE 14A INFORMATION
 
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of the Securities Exchange Act of 1934
 
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PUTNAM FUNDS TRUST
 
(Name of Registrant as Specified in its Charter) 
 
(Name of Person(s) Filing Proxy Statement, 
if Other Than the Registrant)

 

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-2- 

 


 

Subject: Important update for your Putnam Core Equity Fund clients

 

Dear XX,

 

I’m writing to share an update on Putnam Core Equity Fund and to ask for your support in a proxy solicitation.

 

Putnam Investments is expected to be acquired by Franklin Templeton later this year. As part of the transaction, the Putnam funds must seek approval from shareholders for a new management contract and a new sub-advisory contract for each fund.

 

To help ensure a smooth transition, clients must vote in a timely manner. Putnam has retained Broadridge Financial Solutions to assist with the solicitation.

 

Our goal is to limit disruption for you and your clients:

 

·There are no changes expected for Putnam Core Equity’s investment process or portfolio managers.
·Once the deal closes, Putnam’s equity group will be able to tap into additional resources and will become an autonomous Specialist Investment Manager (SIM) within the broader group of Franklin Templeton companies.
·We recognize your clients are busy, and have made it easy to vote via phone, mail or online. Please note: The solicitation will stop as soon as the client submits their vote(s).

 

 

If you are able to identify clients with large positions in the strategy, it would be greatly appreciated if you could reach out to them. You can find more detailed information in the proxy statement and a shareholder-approved Q&A, which includes details on how your clients can vote.

 

Together, Putnam Investments and Franklin Templeton will seek to create a stronger asset management organization to deliver more choice and better outcomes for clients. Thank you for your ongoing support. If you have any questions, please call Putnam’s Client Engagement Center at 1-800-354-4000.

 

 

Best,

RC/AC

 

Putnam Retail Management

100 Federal Street

Boston, MA 02109

 

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