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Franklin Templeton Global Aggregate Bond Fund - W Class

About this Fund

Fund Detail

PDS https://informedinvestor.com.au/view/pds/100291-2023-10-28-02:25.pdf
FUND MANAGER Franklin Templeton Investments Australia
ASX Code
APIR FRT0025AU
ASSET CLASS FIXED INTEREST
INVESTMENT STYLE The Fund seeks to achieve its investment objective by investing principally in fixed or floating-rate debt securities issued by governments, government-related entities (including supranational organisations supported by several national governments) and corporations worldwide.
INVESTMENT PROFILE The investment objective of the Fund is to maximise, consistent with prudent investment management, total investment return, consisting of a combination of interest income and capital appreciation.
CURRENCY MANAGEMENT Hedged
INCEPTION DATE 01-01-2013
BENCHMARK Bloomberg Barclays Global Aggregate (Hedged into AUD) Index
FUND SIZE Bloomberg Barclays Global Aggregate (Hedged into AUD) Index
DISTRIBUTION FREQUENCY Quarterly
NO. OF HOLDINGS Around 100
FEES 0.54% p.a. of the net asset value of the Fund referable to W class Units
STRUCTURE

Benefits

Benefits

Benefits of investing in the Franklin Templeton Global Aggregate Bond Fund - W Class

The significant benefits of the Fund are:

  • Exposure to a diversified global fixed income portfolio including investments in a large number of small, "low-correlation investments (correlation measures the extent to which two variables move in relation to each other. A positive correlation shows the extent to which variables increase or decrease together, whereas a negative correlation shows the extent to which a variable increases, while the other decreases) to reduce the risk from any single investment; and
  • Access to the broad expertise of the Franklin Templeton Fixed Income Group and its global specialist teams covering every major sector of the fixed income market.

Risk level

Medium

Investor suitability

Investors should be willing to invest for the minimum suggested time frame and be comfortable with the nature of the Fund's investments and the risk level for the Fund.
RISK LEVEL
INVESTOR SUITABILITY

Risks

Title
Detail

Key Features

About the Fund

The significant features of the Fund are:

  • The Fund's investment objective is to maximise, consistent with prudent investment management, total investment return, consisting of a combination of interest income and capital appreciation.
  • The Fund adopts an actively managed yet benchmark-aware strategy. It is a multi-sector global fixed income fund that invests in the government, securitised (the pooling of various types of contractual debt obligations to enable bonds to be issued to investors) and corporate sectors, and may strategically invest in below-investment grade securities to a maximum 20% of the portfolio. The Fund may also utilise certain Derivatives for hedging and/or efficient portfolio management.
  • The Fund is hedged into Australian Dollars.

Mandate

How we invest your money

The Fund invests mainly in investment grade securities, but may invest up to 20% in non-investment grade securities and may also invest in debt securities issued by entities in emerging markets. The Fund may, in addition, invest in credit-linked securities (debt securities that represent an interest in a pool of or are otherwise secured by one or more corporate debt obligations or credit default swaps in respect of debt obligations or bank loan obligations) or other structured products that derive their value from an index, security or currency or purchase mortgage- backed or asset-backed securities.

The Fund may also utilise certain Derivatives for hedging purposes and/or efficient portfolio management. There is no requirement for Derivatives to be entered into on a regulated market.

The Fund may also seek investment opportunities in other types of securities including, but not limited to, bonds convertible into common stock, preferred stock or warrants (which entitle the holder to acquire stock). At the date of the PDS, the Fund does not intend to borrow to achieve the stated investment objectives.