Templeton Emerging Markets 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 issued by government and government- related issuers or corporate entities located in developing or emerging market countries.

A well defined bottom-up investment process. For emerging markets, the process includes five steps from the definition of the fund’s objective; emerging market sector allocation analysis; emerging market credit / currency / interest rate analysis; portfolio construction yield curve / horizon analysis to an ongoing portfolio review and analysis.

Original research to identify the most sustainable long-term opportunities. Utilizing proprietary model and focusing on fundamental analysis, our emerging market research team generates their bond recommendations.

An experienced management team. The Fund is led by an experienced portfolio manager and a seasoned global bond investment team.

FUND MANAGERS

Michael Hasenstab

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

Calvin Ho

  • California, United States
  • Years With Firm: 14
  • 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 debt securities of any quality issued by entities located in developing and emerging markets. Such securities have historically been subject to price movements, generally due to interest rates, market factors 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.