Templeton Asian Bond Fund

Franklin Templeton Investment Funds

Summary of Fund Objective

The Fund aims to maximize total investment return consisting of a combination of interest income, capital appreciation and currency gains by investing principally in a portfolio of fixed and floating rate debt securities and debt obligations of government and government-related issuers and/or corporate entities located throughout Asia.

Rigorous investment approach. The Fund seeks to achieve high risk-adjusted returns through a research-driven active investment strategy that is heavily focused on fundamental macro-economic research.

Geographical and asset flexibility. As local fixed-income markets expand and develop throughout Asia, the geographic and asset flexibility of this Fund will allow it to take advantage of interest rate, currency and credit (sovereign and corporate) opportunities throughout the region.

Extensive country coverage, insight and research effort. The Fund’s proprietary interest rate, currency and security selection models, and close, frequent contact and access to high-level government officials provide an edge to finding value in the market.

FUND MANAGERS

Michael Hasenstab

  • California, United States
  • Years With Firm: 20
  • Years Of Experience: 24

Vivek Ahuja

  • Singapore
  • Years With Firm: 13
  • Years Of Experience: 23

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 type of entity located in Asia. 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 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, derivatives risk, emerging markets risk, liquidity 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.