Form 485BXT FRANKLIN STRATEGIC SERIE
As filed with the Securities and Exchange Commission on May 23, 2025. | |||
File Nos. File Nos. 033-39088 and 811-06243 | |||
SECURITIES AND EXCHANGE COMMISSION | |||
WASHINGTON, D.C. 20549 | |||
FORM N-1A | |||
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 | [X] | ||
Pre-Effective Amendment No. | [ ] | ||
Post-Effective Amendment No. | 156 | [X] | |
and/or | |||
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 | [X] | ||
Amendment No. | 158 | [X] | |
FRANKLIN STRATEGIC SERIES | |||
(Exact Name of Registrant as Specified in Charter) | |||
ONE FRANKLIN PARKWAY, SAN MATEO, CA 94403-1906 | |||
(Address of Principal Executive Offices) (Zip Code) | |||
(650) 312-2000 | |||
(Registrant's Telephone Number, Including Area Code) | |||
ALISON E. BAUR, ONE FRANKLIN PARKWAY, SAN MATEO, CA 94403-1906 | |||
(Name and Address of Agent for Service of Process) | |||
Approximate Date of Proposed Public Offering: | |||
It is proposed that this filing will become effective (check appropriate box) | |||
[ ] | immediately upon filing pursuant to paragraph (b) | ||
[ X ] | on June 20, 2025 pursuant to paragraph (b) | ||
[ ] | 60 days after filing pursuant to paragraph (a)(1) | ||
[ ] | on (date) pursuant to paragraph (a)(1) of Rule 485 | ||
[ ] | 75 days after filing pursuant to paragraph (a)(2) | ||
[ ] | on (date) pursuant to paragraph (a)(2) of rule 485 | ||
If appropriate, check the following box: | |||
[ X ] | This post-effective amendment designates a new effective date for a previously filed post-effective amendment. | ||
This Post-Effective Amendment to the Registrant’s Registration Statement on Form N-1A relates only to the prospectus and statement of additional information (“SAI”) of the Franklin Templeton SMACS: Series C and Franklin Templeton SMACS: Series CP, each a series of the Registrant and does not otherwise delete, amend, or supersede any information relating to any other series of the Registrant. | |||
PART A AND PART B
Pursuant to Rule 485(b)(1)(iii) of the Securities Act of 1933, this Post-Effective Amendment No. 156 to the Registration Statement, relating only to the Franklin Templeton SMACS: Series C and Franklin Templeton SMACS: Series CP, each a series of the Registrant (the “Fund”), is being filed for the sole purpose of designating June 20, 2025, as the new date upon which Post-Effective Amendment No. 155, as filed on March 14, 2025 (Accession #0001741773-25-001316), (“PEA 155”) shall become effective.
Accordingly, the prospectus and Statement of Additional Information of the Fund, as filed in PEA 155, are incorporated herein by reference in their entirety into this filing.
FRANKLIN STRATEGIC SERIES
FILE NOS. 033-39088 & 811-06243
PART C
OTHER INFORMATION
Item 28. Exhibits. | |||
The following exhibits are incorporated by reference to the previously filed document indicated below, except as noted: | |||
(a) | Agreement and Declaration of Trust | ||
(i) | Filing: Post-Effective Amendment No. 87 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: June 3, 2019 | ||
(b) | By-Laws | ||
(i) | Filing: Post-Effective Amendment No. 87 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: June 3, 2019 | ||
(ii) | Certificate of the By-Laws of Franklin Strategic Series dated January 17, 2019 Filing: Post-Effective Amendment No. 87 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: June 3, 2019 | ||
(c) | Instruments Defining Rights of Security Holders | ||
(i) | Amended and Restated Agreement and Declaration | ||
(a) | Article III, Shares | ||
(b) | Article V, Shareholders’ Voting Powers and Meetings | ||
(c) | Article VI, Net Asset Value, Distributions, Redemptions and Transfers | ||
(d) | Articles VIII, Certain Transactions – Section 4 | ||
(e) | Articles X, Miscellaneous – Section 4 | ||
(ii) | Amended and Restated By-Laws | ||
(a) | Article II, Meetings of Shareholders | ||
(b) | Article VI, Records and Reports – Section 1, 2 and 3 | ||
(c) | Article VII, General Matters: - Sections 3, 4, 6 and 7 | ||
(d) | Articles VIII, Amendment – Section 1 | ||
(iii) | Part B: Statement of Additional Information – Item 22 | ||
(d) | Investment Advisory Contracts | ||
(i) | Filing: Post-Effective Amendment No. 89 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 26, 2019 | ||
(ii) | Filing: Post-Effective Amendment No. 89 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 26, 2019 | |
(iii) | Filing: Post-Effective Amendment No. 65 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 28, 2013 | |
(iv) | Filing: Post-Effective Amendment No. 89 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 26, 2019 | |
(v) | Filing: Post-Effective Amendment No. 89 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 26, 2019 | |
(vi) | Filing: Post-Effective Amendment No. 89 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 26, 2019 | |
(vii) | Filing: Post-Effective Amendment No. 128 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 26, 2021 | |
(e) | Underwriting Contracts | |
(i) | Filing: Post-Effective Amendment No. 143 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 25, 2022 | |
(ii) | Filing: Post-Effective Amendment No. 143 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 25, 2022 | |
(iii) | Filing: Post-Effective Amendment No. 149 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: December 27, 2022 | |
(f) | Bonus or Profit Sharing Contracts | |
Not Applicable | ||
(g) | Custodian Agreements | |
(i) | Filing: Post-Effective Amendment No. 91 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: December 27, 2019 | |
(ii) | Global Custody Agreement between the Registrant and JPMorgan Chase Bank dated March 1, 2020 Filing: Post-Effective Amendment No. 151 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 25, 2023 | |
(iii) | Filing: Post-Effective Amendment No. 151 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 25, 2023 | |
(iv) | Filing: Post-Effective Amendment No. 151 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 25, 2023 | |
(v) | Filing: Post-Effective Amendment No. 151 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 25, 2023 | |
(vi) | Filing: Post-Effective Amendment No. 151 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 25, 2023 | |
(h) | Other Material Contracts | |
(i) | Filing: Post-Effective Amendment No. 76 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 27, 2015 | |
(ii) | Filing: Post-Effective Amendment No. 76 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 27, 2015 | |
(iii) | Filing: Post-Effective Amendment No.73 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: May 15, 2015 | |
(iv) | Filing: Post-Effective Amendment No. 151 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 25, 2023 | |
(v) | Filing: Post-Effective Amendment No. 154 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: December 27, 2024 | |
(vi) | Filing: Post-Effective Amendment No. 91 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: December 27, 2019 | |
(vii) | Filing: Post-Effective Amendment No. 103 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 27, 2020 | |
(viii) | Filing: Post-Effective Amendment No. 128 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 26, 2021 | |
(ix) | Filing: Post-Effective Amendment No. 128 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 26, 2021 | |
(x) | Filing: Post-Effective Amendment No. 143 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 25, 2022 | |
(xi) | Filing: Post-Effective Amendment No. 143 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 25, 2022 | |
(xii) | Filing: Post-Effective Amendment No. 143 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 25, 2022 | |
(xiii) | Filing: Post-Effective Amendment No. 143 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 25, 2022 | |
(xiv) | Form of Rule 12d1-4 Fund of Funds Investment Agreement Filing: Post-Effective Amendment No. 143 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 25, 2022 | |
(xv) | Fee Waiver and/or Expense Reimbursement revised August 2023 for Schedule A and B Filing: Post-Effective Amendment No. 153 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 26, 2024 | |
(xvi) | Transfer Agent and Shareholder Services Agreement revised October 1, 2023 for Schedule A Filing: Post-Effective Amendment No. 153 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 26, 2024 | |
(i) | Legal Opinion | |
(i) | Opinion and Consent of Counsel dated March 8, 1999 Filing: Post-Effective Amendment No. 31 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: March 11, 1999 | |
(ii) | Filing: Post-Effective Amendment No. 87 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: June 3, 2019 | |
(j) | Other Opinions | |
(i) | Not Applicable | |
(k) | Omitted Financial Statements | |
Not Applicable | ||
(l) | Initial Capital Agreements | |
(i) | Letter of Understanding for Franklin Natural Resources Fund dated June 5, 1995 Filing: Post-Effective Amendment No. 17 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: December 5, 1995 | |
(ii) | Letter of Understanding for Franklin Biotechnology Discovery Fund dated September 5, 1997 Filing: Post-Effective Amendment No. 27 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: March 13, 1998 | |
(iii) | Filing: Post-Effective Amendment No. 37 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: June 28, 1999 | |
(iv) | Letter of Understanding for Franklin Small Cap Growth Fund dated April 28, 2000 Filing: Post-Effective Amendment No. 40 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: June 30, 2000 | |
(m) | Rule 12b-1 Plan | |
(i) | Filing: Post-Effective Amendment No. 143 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 25, 2022 | |
(ii) | Filing: Post-Effective Amendment No. 143 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 25, 2022 | |
(iii) | Filing: Post-Effective Amendment No. 143 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 25, 2022 | |
(iv) | Filing: Post-Effective Amendment No. 143 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 25, 2022 | |
(v) | Filing: Post-Effective Amendment No. 143 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 25, 2022 | |
(vi) | Filing: Post-Effective Amendment No. 143 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 25, 2022 | |
(vii) | Filing: Post-Effective Amendment No. 143 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 25, 2022 | |
(viii) | Filing: Post-Effective Amendment No. 143 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 25, 2022 | |
(ix) | Filing: Post-Effective Amendment No. 143 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 25, 2022 | |
(x) | Filing: Post-Effective Amendment No. 143 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 25, 2022 | |
(n) | Rule 18f-3 Plan | |
(i) | Amended Multiple Class Plan for Franklin Natural Resources Fund dated July 7, 2021 Filing: Post-Effective Amendment No. 143 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 25, 2022 | |
(ii) | Amended Multiple Class Plan for Franklin Small Cap Growth Fund dated July 7, 2021 Filing: Post-Effective Amendment No. 143 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 25, 2022 | |
(iii) | Amended Multiple Class Plan for Franklin Small-Mid Cap Growth Fund dated July 7, 2021 Filing: Post-Effective Amendment No. 143 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 25, 2022 | |
(iv) | Amended Multiple Class Plan for Franklin Biotechnology Discovery Fund dated July 7, 2021 Filing: Post-Effective Amendment No. 143 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 25, 2022 | |
(v) | Filing: Post-Effective Amendment No. 143 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 25, 2022 | |
(vi) | Amended Multiple Class Plan for Franklin Growth Opportunities Fund dated July 7, 2021 Filing: Post-Effective Amendment No. 143 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 25, 2022 | |
(p) | Code of Ethics | |
(i) | Code of Ethics dated March 4, 2024 Filing: Post-Effective Amendment No. 153 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: August 26, 2024 | |
(q) | Power of Attorney | |
(i) | Power of Attorney dated January 3, 2025 Filing: Post-Effective Amendment No. 155 to Registration Statement on Form N-1A File No. 033-39088 Filing Date: March 14, 2025 | |
Item 29. Persons Controlled by or Under Common Control with the Fund
None
Item 30. Indemnification
The Amended and Restated Agreement and Declaration of Trust (the "Declaration") provides that any person who is or was a Trustee, officer, employee or other agent, including the underwriter, of such Trust shall be liable to the Trust and its shareholders only for (1) any act or omission that constitutes a bad faith violation of the implied contractual covenant of good faith and fair dealing, or (2) the person's own willful misfeasance, bad faith, gross negligence or reckless disregard of the duties involved in the conduct of such person (such conduct referred to herein as Disqualifying Conduct) and for nothing else. Except in these instances and to the fullest extent that limitations of liability of agents are permitted by the Delaware Statutory Trust Act (the "Delaware Act"), these Agents (as defined in the Declaration) shall not be responsible or liable for any act or omission of any other Agent of the Trust or any investment adviser or principal underwriter. Moreover, except and to the extent provided in these instances, none of these Agents, when acting in their respective capacity as such, shall be personally liable to any other person, other than such Trust or its shareholders, for any act, omission or obligation of the Trust or any trustee thereof.
The Trust shall indemnify, out of its property, to the fullest extent permitted under applicable law, any of the persons who was or is a party, or is threatened to be made a party to any Proceeding (as defined in the Declaration) because the person is or was an Agent of such Trust. These persons shall be indemnified against any Expenses (as defined in the Declaration), judgments, fines, settlements and other amounts actually and reasonably incurred in connection with the Proceeding if the person acted in good faith or, in the case of a criminal proceeding, had no reasonable cause to believe that the conduct was unlawful. The termination of any Proceeding by judgment, order, settlement, conviction or plea of nolo contendere or its equivalent shall not in itself create a presumption that the person did not act in good faith or that the person had reasonable cause to believe that the person's conduct was unlawful. There shall nonetheless be no indemnification for a person's own Disqualifying Conduct.
Insofar as indemnification for liabilities arising under the Securities Act of 1933, as amended, may be permitted to Trustees, officers and controlling persons of the Trust pursuant to the foregoing provisions, or otherwise, the Trust has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Trust of expenses incurred or paid by a Trustee, officer or controlling person of the Trust in the successful defense of any action, suit or proceeding) is asserted by such Trustee, officer or controlling person in connection with securities being registered, the Trust may be required, unless in the opinion of its counsel the matter has been settled by controlling precedent, to submit to a court or appropriate jurisdiction the question whether such indemnification is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.
Item 31. Business and Other Connections of the Investment Adviser
Franklin Advisers, Inc. (Advisers)
The officers and directors of Advisers also serve as officers and/or directors for (1) Advisers' corporate parent, Franklin Resources, Inc., and/or (2) other investment companies in Franklin Templeton Investments. For additional information please see Part B and Schedules A and D of Form ADV of Advisers (SEC File 801-26292) incorporated herein by reference, which sets forth the officers and directors of Advisers and information as to any business, profession, vocation or employment of a substantial nature engaged in by those officers and directors during the past two years.
Item 32. Principal Underwriters
a) Franklin Distributors, LLC (Distributors) also acts as principal underwriter of shares of:
Franklin Alternative Strategies Fund |
Franklin California Tax-Free Income Fund |
Franklin California Tax-Free Trust |
Franklin Custodian Funds |
Franklin ETF Trust |
Franklin Federal Tax-Free Income Fund |
Franklin Fund Allocator Series |
Franklin Global Trust |
Franklin Gold and Precious Metals Fund |
Franklin High Income Trust |
Franklin Investors Securities Trust |
Franklin Managed Trust |
Franklin Municipal Securities Trust |
Franklin Mutual Series Funds |
Franklin New York Tax-Free Income Fund |
Franklin New York Tax-Free Trust |
Franklin Real Estate Securities Trust |
Franklin Tax-Free Trust |
Franklin Templeton ETF Trust |
Franklin Templeton Trust |
Franklin Templeton Variable Insurance Products Trust |
Franklin U.S. Government Money Fund |
Franklin Value Investors Trust |
Institutional Fiduciary Trust |
Templeton Developing Markets Trust |
Templeton Funds |
Templeton Global Investment Trust |
Templeton Global Smaller Companies Fund |
Templeton Growth Fund, Inc. |
Templeton Income Trust |
Templeton Institutional Funds |
Legg Mason ETF Investment Trust |
Legg Mason Global Asset Management Trust |
Legg Mason Partners Income Trust |
Legg Mason Partners Institutional Trust |
Legg Mason Partners Investment Trust |
Legg Mason Partners Variable Equity Trust |
Legg Mason Partners Variable Income Trust |
Legg Mason Partners Institutional Trust |
Legg Mason Partners Money Market Trust |
Western Asset Funds, Inc. |
George Putnam Balanced Fund |
Putnam Asset Allocation Funds |
Putnam California Tax Exempt Income Fund |
Putnam Convertible Securities Fund |
Putnam Diversified Income Trust |
Putnam ETF Trust |
Putnam Focused International Equity Fund |
Putnam Funds Trust |
Putnam Global Health Care Fund |
Putnam Global Income Trust |
Putnam High Yield Fund |
Putnam Income Fund |
Putnam International Equity Fund |
Putnam Investment Funds |
Putnam Large Cap Value Fund |
Putnam Massachusetts Tax Exempt Income Fund |
Putnam Minnesota Tax Exempt Income Fund |
Putnam Money Market Fund |
Putnam Mortgage Securities Fund |
Putnam New Jersey Tax Exempt Income Fund |
Putnam New York Tax Exempt Income Fund |
Putnam Ohio Tax Exempt Income Fund |
Putnam Pennsylvania Tax Exempt Income Fund |
Putnam Sustainable Leaders Fund |
Putnam Target Date Funds |
Putnam Tax Exempt Income Fund |
Putnam Tax-Free Income Trust |
Putnam Variable Trust |
b) The information required with respect to each director and officer of Distributors is incorporated by reference to Part B of this N-1A and Schedule A of Form BD filed by Distributors with the Securities and Exchange Commission pursuant to the Securities Act of 1934 (SEC File No. 008-05889).
c) Not Applicable. Registrant's principal underwriter is an affiliated person of an affiliated person of the Registrant.
Item 33. Location of Accounts and Records
The accounts, books or other documents required to be maintained by Section 31(a) of the Investment Company Act of 1940 are kept by the Registrant at One Franklin Parkway, San Mateo CA 94403-1906 or its shareholder services agent, Franklin Templeton Investor Services LLC both of whose address is 100 Fountain Parkway, St. Petersburg, FL 33716.
Item 34. Management Services
There are no management-related service contracts not discussed in Part A or Part B.
Item 35. Undertakings
Not Applicable
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets all of the requirements for effectiveness of this Registration Statement pursuant to Rule 485(b) under the Securities Act of 1933 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized in the City of San Mateo and the State of California, on the 22nd day of May, 2025.
Franklin Strategic Series
(Registrant)
By: /s/ Navid J. Tofigh
Navid J. Tofigh
Vice President and Secretary
Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed below by the following persons in the capacities and on the dates indicated:
EDWARD D. PERKS* | President and Chief Executive Officer – Investment Management | |
Edward D. Perks | Dated: May 22, 2025 | |
CHRISTOPHER KINGS* | Chief Executive Officer – Finance and Administration | |
Christopher Kings | Dated: May 22, 2025 | |
JEFFREY W. WHITE* | Treasurer, Chief Financial Officer and Chief Accounting Officer | |
Jeffrey W. White | Dated: May 22, 2025 | |
HARRIS J. ASHTON* | Trustee | |
Harris J. Ashton | Dated: May 22, 2025 | |
TERRENCE J. CHECKI* | Trustee | |
Terrence J. Checki | Dated: May 22, 2025 | |
MARY C. CHOKSI* | Trustee | |
Mary C. Choksi | Dated: May 22, 2025 | |
EDITH E. HOLIDAY* | Trustee | |
Edith E. Holiday | Dated: May 22, 2025 | |
GREGORY E. JOHNSON* | Trustee | |
Gregory E. Johnson | Dated: May 22, 2025 | |
RUPERT H. JOHNSON, JR.* | Trustee | |
Rupert H. Johnson, Jr. | Dated: May 22, 2025 | |
J. MICHAEL LUTTIG* | Trustee | |
J. Michael Luttig | Dated: May 22, 2025 | |
LARRY D. THOMPSON* | Trustee | |
Larry D. Thompson | Dated: May 22, 2025 | |
VALERIE M. WILLIAMS* | Trustee | |
Valerie M. Williams | Dated: May 22, 2025 |
*By: /s/ NAVID J. TOFIGH
Navid J. Tofigh
Attorney-in-Fact
(Pursuant to Powers of Attorney previously filed)
FRANKLIN STRATEGIC SERIES
REGISTRATION STATEMENT
EXHIBITS INDEX
The following exhibits are attached:
EXHIBIT NO. | DESCRIPTION |
None | |
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