Franklin Absolute Return Bond Fund

Franklin Templeton Funds

Summary of Fund Objective

T​he Fund aims to provide an absolute return (through a combination of income and capital growth) each calendar year. In addition, the Fund aims to provide an overall return of 2-3% above the London Interbank Offered Rate (LIBOR) 90 Day (GBP) over a full market cycle (being 3-5 years) after management fees are deducted.​


David Yuen

  • California, United States
  • Years With Firm: 23
  • Years Of Experience: 31

Michael Materasso

  • New York, United States
  • Years With Firm: 30
  • Years Of Experience: 47

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 and derivatives 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: Currency risk, Derivatives risk, Liquidity risk, Emerging markets risk, Targeted return risk, Mortgage and Asset-Backed Securities 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 Funds.