BEN · 10-K · 2026A · Full report

FX / Currency Impact

FRANKLIN TEMPLETON INC · 2026-11-09 · Importance 23 · Surprise 24

Foreign exchange revaluation reduced AUM by $4.4 billion during fiscal year 2026. The impact primarily reflected a stronger U.S. dollar against the Euro, Japanese Yen, and Indian Rupee, partly offset by a weaker U.S. dollar against the Australian dollar. The filing attributes the currency impact to AUM in products denominated in currencies other than the U.S. dollar.

Key facts

• Net foreign currency exchange gains were $5.1 million in fiscal year 2026, compared with net losses of $11.6 million in fiscal year 2025, primarily due to fluctuations in the U.S. dollar against the British Pound and Euro. source
• Foreign exchange revaluation of AUM in products not denominated in U.S. dollars was primarily due to a stronger U.S. dollar against the Euro, Japanese Yen and Indian Rupee, partly offset by a weaker U.S. dollar against the Australian dollar. source