Franklin Templeton of San Mateo, Calif. announced today that it will re-open its Small-Cap Growth fund September 1 and will rename it the Small-Mid Cap Growth fund.

In addition to the name change, the fund will begin investing in companies with market capitalizations of up to $8.5 billion. Previously, the fund only invested in small-cap stocks of companies with market capitalizations of no more than $1.5 billion.

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