Franklin Asia Credit Fund

Franklin Templeton Investment Funds

Summary of Fund Objective

The Fund’s objective is to maximise total investment return through a combination of interest income and capital appreciation by investing principally in fixed and/or floating rate debt securities issued or guaranteed by government and financial institutions domiciled in Asian countries.

Asian economies have strong growth prospects, and the market for USD Asia bonds has grown steadily over the past several years as more issuers have sought capital market funding. We believe that this Fund offers potential for both income and total return for investors seeking U.S. dollar fixed income exposure.

The Fund has a flexible mandate that includes a broad mix of corporate, quasi-sovereign and sovereign debt issuers, thereby providing diversified exposure to investment grade and high yield issuers across the Asia region.

Our analyst teams are organised by sectors globally with a focus on company and industry fundamentals, management quality and corporate strategy. Additionally, our global sovereign research team provides country views across Asia, and local teams in China, India, Malaysia, and South Korea offer perspectives on the dynamics of each individual market.

FUND MANAGERS

Marc Kremer

  • New York, United States
  • Years With Firm: 15
  • Years Of Experience: 31

Latika Signorelli

  • California, United States
  • Years With Firm: 11
  • Years Of Experience: 13

Robert Nelson

  • London, United Kingdom
  • Years With Firm: 11
  • Years Of Experience: 18

Benjamin Cryer

  • California, United States
  • Years With Firm: 12
  • Years Of Experience: 12

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 fixed or floating rate debt securities of government, government-related, or corporate entities located in Asia, including securities that are rated less than investment grade. Such securities have historically been subject to price movements, generally due to interest rates or movements in the bond market in general. As a result, the performance of the Fund can fluctuate moderately 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, 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.