# EDGAR Filing Document

**Accession Number:** 0000837274
**File Stem:** 0001655589-25-000250
**Filing Date:** 2025-12
**Character Count:** 2552
**Document Hash:** 62aebe496be54d2bb5ff8e4afc22fafd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001655589-25-000250.hdr.sgml**: 20251215

**ACCESSION NUMBER**: 0001655589-25-000250

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20251215

**DATE AS OF CHANGE**: 20251215

**EFFECTIVENESS DATE**: 20251215

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST
- **CENTRAL INDEX KEY:** 0000837274

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 033-23493
- **FILM NUMBER:** 251571544

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403-1906
- **BUSINESS PHONE:** 650-312-2000

**MAIL ADDRESS:**
- **STREET 1:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403-1906

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FRANKLIN VALUEMARK FUNDS
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FRANKLIN VALUEMARK ANNUITY FUNDS
- **DATE OF NAME CHANGE:** 19881129

## Series and Classes Contracts Data

### TEMPLETON FOREIGN VIP FUND (Series ID: S000007322)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000020113 | Class 1      |  |
| C000020114 | Class 2      |  |
| C000061784 | Class 4      |  |

#### GOF-P42 12/25

#### FRANKLIN TEMPLETON ETF TRUST

#### FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST

#### TEMPLETON INSTITUTIONAL FUNDS

#### SUPPLEMENT DATED DECEMBER 15, 2025

#### TO THE SUMMARY PROSPECTUS, PROSPECTUS AND

#### STATEMENT OF ADDITIONAL INFORMATION ("SAI")

#### OF EACH FUND LISTED IN SCHEDULE A
**The following supersedes any and all disclosure to the contrary in the Summary Prospectus, Prospectus and SAI of each fund listed in Schedule A:** 

The portfolio managers primarily responsible for the day-to-day management of the fund are Peter A. Nori, CFA and Heather Abdinoor, CFA. <br>

**<u>SCHEDULE A</u>** 

---

| | |
|:---|:---|
| **Fund**<br>| **Date of Summary Prospectus, Prospectus and SAI**<br>|
| **<u>FRANKLIN TEMPLETON ETF TRUST</u>** |  |
| Templeton International Insights ETF | October 21, 2025 |
| **<u>FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST</u>** | May 1, 2025 |
| Templeton Foreign VIP Fund |  |
| **<u>TEMPLETON INSTITUTIONAL FUNDS</u>** |  |
| International Equity Series | May 1, 2025 |

---

#### Please retain this supplement for future reference.

------