Franklin Global Aggregate Bond Fund

Franklin Templeton Investment Funds

Summary of Fund Objective

The Fund seeks to maximise, consistent with prudent investment management, total investment return, consisting of a combination of interest income and capital appreciation. The Fund seeks to achieve this objective by investing principally in fixed or floating rate debt securities issued by governments, government-related entities and corporations worldwide. The Fund invests mainly in investment grade securities, but may invest up to 10% in non-investment grade.

FUND MANAGERS

David Zahn

  • London, United Kingdom
  • Years With Firm: 14
  • Years Of Experience: 26

John Beck

  • London, United Kingdom
  • Years With Firm: 30
  • Years Of Experience: 33

Patrick A. Klein

  • California, United States
  • Years With Firm: 14
  • Years Of Experience: 15

Sonal Desai

  • California, United States
  • Years With Firm: 10
  • Years Of Experience: 26

What are the Key Risks?

The value of shares in the Fund and income received from it can go down as well as up and investors may not get back the full amount invested. Performance may also be affected by currency fluctuations. Currency fluctuations may affect the value of overseas investments.

  • The Fund invests mainly in debt securities issued by any government or corporation worldwide. Such securities have historically been subject to price movements, generally due to interest rates or movements in the bond market. As a result, the performance of the Fund can fluctuate moderately over time.
  • Other significant risks include:
    Credit risk: the risk of loss arising from default that may occur if an issuer fails to make principal or interest payments when due. This risk is higher if the Fund holds low-rated, sub-investment-grade securities.
    Foreign Currency risk: the risk of loss arising from exchange-rate fluctuations or due to exchange control regulations.
    Derivative Instruments risk: the risk of loss in an instrument where a small change in the value of the underlying investment may have a larger impact on the value of such instrument. Derivatives may involve additional liquidity, credit and counterparty risks.
    Liquidity risk: the risk that arises when an asset cannot be sold on a timely basis due to security-specific factors or adverse market conditions, which may impact the Fund’s ability to meet redemption requests, particularly if they are increasing.
    Chinese Market risk: In addition to typical risks linked to Emerging Markets, investments in China are subject to economic, political, tax and operational risks specific to the Chinese Market. Please also refer to the prospectus for China QFII risk, Bond Connect risk and Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect risk.
For full details of all of the risks applicable to this Fund, please refer to the “Risk Considerations” section of the Fund in the current prospectus of Franklin Templeton Investment Funds.