Effective June 30, 2020, an initial sales charge is not applied to any Portfolio. 529 fund "sales charges" Dmarcus48 2004-01-02 19:03:00 UTC #1; I have a question about "sales charges" We just started a 529 fund with Franklin Templeton in NJ and recently discovered that they were charging us a 5.75% "sales charge" with each contribution Rankings of #2 for NJBEST and #3 for Franklin Templeton 529 College Savings Plan are based on a universe of 55 direct and 30 advisor-sold plans, respectively, for Class A share performance (including maximum sales charges and fees).