FTF Templeton Global Total Return Bond Fund

Franklin Templeton Funds

Summary of Fund Objective

The Fund aims to grow in value from a combination of income, capital growth and currency gains over a three to five-year period.



MANAGEMENT

Michael Hasenstab

  • California, United States
  • Years With Firm: 22
  • Years Of Experience: 26

Calvin Ho

  • California, United States
  • Years With Firm: 16
  • Years Of Experience: 16

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. There is no guarantee that the Fund will meet its objective.

  • The Fund invests mainly in debt securities issued by government, government-related or corporate entities worldwide and in derivatives. Such securities have historically been subject to price movements, generally due to interest rates, foreign exchange rates or movements in the bond market. As a result, the performance of the Fund can fluctuate over time.
  • Other significant risks include:
    Credit risk: the risk of loss arising from default that may occur if an issuer fails to make principal or interest payments when due. This risk is higher if the Fund holds low-rated, sub-investment-grade securities.
    Foreign Currency risk: the risk of loss arising from exchange-rate fluctuations or due to exchange control regulations.
    Derivative Instruments risk: the risk of loss in an instrument where a small change in the value of the underlying investment may have a larger impact on the value of such instrument. Derivatives may involve additional liquidity, credit and counterparty risks.
    Liquidity risk: the risk that arises when an asset cannot be sold on a timely basis due to security-specific factors or adverse market conditions, which may impact the Fund’s ability to meet redemption requests, particularly if they are increasing.
For full details of all of the risks applicable to this Fund, please refer to the “Risk Factors” section of the  Fund in the current prospectus of Franklin Templeton Funds.