Franklin Global Real Estate Fund

Franklin Templeton Investment Funds

Summary of Fund Objective

The Fund aims to maximise total investment return consisting of income and capital appreciation, by investing in real estate investment trusts (REITs) and other companies whose principal business is real estate oriented. These investments shall qualify as transferable securities. The Fund will seek to invest in companies across a wide range of real estate sectors and countries. The base currency of the Fund is U.S. Dollar.

High and stable income returns while ensuring capital preservation. The Fund looks to invest in the increasing number of REIT structures around the world as well as in other publicly quoted real estate securities that present superior investment characteristics and low correlation.

Reducing volatility. Portfolio volatility is reduced by allocating the portfolio across countries, regions, and property types to exploit the low correlation of disparate real estate market cycles. The Fund is fully hedged back to its base currency to reduce foreign currency risk exposure.

Strong real estate securities track record. Franklin Real Asset Advisors has been investing, globally, in listed real estate securities since 1984. The Group consists of investment professionals from Asia, Europe, and the Americas that have real estate and equity investment experience in their local markets.

FUND MANAGERS

Wilson Magee

  • New York, United States
  • Years With Firm: 9
  • Years Of Experience: 37

Daniel Pettersson

  • New York, United States
  • Years With Firm: 11
  • Years Of Experience: 12

Donna Ming-Yuan Lee

  • Hong Kong
  • Years With Firm: 13
  • Years Of Experience: 14

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 REITs and other equity securities of the real estate sector. Such REITs and securities have historically been subject to significant price movements that may occur suddenly due to market or real estate-specific factors. As a result, the performance of the Fund can fluctuate considerably 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: currency 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.