Franklin Flexible Alpha Bond Fund

Franklin Templeton Investment Funds

Summary of Fund Objective

The Fund seeks to provide total return through a combination of current income and capital appreciation by investing in a wide range of global debt securities in terms of country, sector, quality, maturity or duration without reference to a benchmark index. The Fund aims to provide attractive risk-adjusted total returns over a full market cycle using a tactical approach to manage volatility, regardless of market environment.

The Fund seeks to complement traditional fixed income asset classes by potentially providing low correlation to conventional holdings.

The Fund focuses on risk management and reducing volatility to aim to protect on the downside.

The Fund leverages nearly three decades of experience in managing unconstrained strategies and fixed income expertise honed over more than 60 years.

FUND MANAGERS

Michael Materasso

  • New York, United States
  • Years With Firm: 30
  • Years Of Experience: 47

David Yuen

  • California, United States
  • Years With Firm: 23
  • Years Of Experience: 31

Sonal Desai

  • California, United States
  • Years With Firm: 9
  • Years Of Experience: 25

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 seeks to generate attractive risk-adjusted returns over a full market cycle by allocating its investments across a wide range of debt securities and debt obligations of any maturity or credit rating of corporate and/or sovereign issuers worldwide, with the ability to actively use financial derivative instruments. Such securities and investment instruments have historically been subject to price movements due to such factors as sudden changes in interest rates, changes in the financial outlook or perceived credit worthiness of securities issuers, or fluctuations in currency markets. As a result, the performance of the Fund can fluctuate to a small degree over time.
  • Other significant risks include: counterparty risk, credit risk, curency risk, emerging markets risk, liquidity risk, operational 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.