So, I made a mograph template in AE for use in PP. It contains a filled colored shape with a multiply transfer mode. But the transfer mode doesn’t carry on into Premiere. Any solutions it there?
Nope. blending modes are handled internally by the programs and calculated differently. any content involved in such trickery will have to be replaced in AE directly. Your only option would be to re-create the blending by using effects that are able to reference other layers like Channel Combiner, Calculations and so on, but depending on what your project looks like, this can be complicated, as layers might require pre-composing to produce correct results.
The objective is for the shape layer to act as a bg for bullet points text. I guess I would have to create two separate templates; one for the shape (that would be blended in PP) and one for the text. Right?