Franklin Euro Short Duration Bond Fund

Franklin Templeton Investment Funds

Summary of Fund Objective

Fund’s principal investment objective is to maintain a degree of capital preservation and liquidity, whilst maximizing total returns and income.

FUND MANAGERS

Sonal Desai

  • California, United States
  • Years With Firm: 10
  • Years Of Experience: 26

David Zahn

  • London, United Kingdom
  • Years With Firm: 14
  • Years Of Experience: 26

Rod MacPhee

  • London, United Kingdom
  • Years With Firm: 7
  • Years Of Experience: 13

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 in relatively short-term debt securities denominated  mainly in Euros but may invest up to 10% in non-Euro denominated issuers. Such securities have historically been subject to price movements, generally due to interest rates or movements in the bond market. As a result, the performance of the Fund can fluctuate to a small degree 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: 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 Considerations” section of the Fund in the current prospectus of Franklin Templeton Investment Funds.