Franklin Euro Government Bond Fund

Franklin Templeton Investment Funds

Summary of Fund Objective

The Fund's investment objective is to maximise total returns with a combination of interest income and capital appreciation by investing primarily in Euro denominated fixed-income securities issued by government and government-related issuers located throughout the European Monetary Union ("EMU").

A risk / return approach to fixed income investment.

The management team seeks to provide consistent risk adjusted returns by anticipating changes in the factors that determine variations in bond prices, based on value added research focusing on adjustments in country weightings and portfolio duration.

A well defined investment process.

The four-step process includes the definition of fund’s objective, an in-depth macroeconomic fundamental research and analysis, a portfolio construction and yield curve / horizon analysis, and an ongoing review and analysis.

An experienced management team.

The Fund is led by an experienced portfolio manager and a seasoned investment team.

FUND MANAGERS

Sonal Desai

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

John Beck

  • London, United Kingdom
  • Years With Firm: 29
  • Years Of Experience: 32

David Zahn

  • London, United Kingdom
  • Years With Firm: 13
  • 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 invests mainly in higher-quality debt securities issued or guaranteed by governments or government-related entities of countries within the EMU. Such securities have historically proven to present some stability over time and have benefitted from a limited exposure to interest rates or movements in the bond market in general. As a result, the performance of the Fund can fluctuate moderately over time.
  • The Fund may distribute income gross of expenses. Whilst this might allow more income to be distributed, it may also have the effect of reducing capital.
  • Other significant risks include: credit risk, liquidity risk, derivatives 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.