Templeton Global Bond Fund A MDis EUR

鄧普頓環球債券基金 A類 MDis 歐元

LU0152981543

Risk Rating: Level 3

iFund risk rating methodology is a qualitative and quantitative assessment of a single fund’s geographic and asset class focus, investment style and any potential risk factors, as measured from one (1) (lowest risk) to six (6) (highest risk). For the funds with risk rating three (3) or four (4), these are mainly aimed at providing income and capital appreciation to investors by investing primarily in balanced portfolio, including high yield bonds and global equities etc. For more details, please refer to the Due Diligence section under the Procedures page.

On Holiday

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD10,000.00Min. Subscription

0.75%

HKD10,000.00Min. Subscription

AUD / HKD / JPY / EUR / GBP / RMB / USD / NZD

HKD10,000.00Min. Subscription

HKD10,000.00

HKD10,000.00

Daily

15:30

-

*Not include dividends (If applicable)

Fund Performances (including dividend, if any)

1 mth
+0.18%
3 mth
+0.87%
6 mth
-0.87%
1 yr
+2.12%
3 yr
+7.37%
5 yr
+14.04%

Analytical Figures (3 years)

Annualized Return
+2.40%
Annualized Volatility
+6.76%
Sharpe Ratio
+0.16

Fund Information

Fund Houses
Franklin Templeton Investments (Asia) Ltd.
Launch Date
1991-02-27
Fund Manager
Michael Hasenstab
Sonal Desai
Manager Start Date
2002-06-01
2011-01-01
Geographical Focus
Global
Asset Class/ Sector
Fixed Income - Investment grade
Risk Rating
Risk Level 3

iFund risk rating methodology is a qualitative and quantitative assessment of a single fund’s geographic and asset class focus, investment style and any potential risk factors, as measured from one (1) (lowest risk) to six (6) (highest risk). For the funds with risk rating three (3) or four (4), these are mainly aimed at providing income and capital appreciation to investors by investing primarily in balanced portfolio, including high yield bonds and global equities etc. For more details, please refer to the Due Diligence section under the Procedures page.

Fund AUM(As of 2019-10-30)
USD 13,875,279,410.405
Management Fee
0.75%
Latest Dividend
EUR 0.057000 (2019-11-07)

Sector Leaders

    No Funds

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD10,000.00Min. Subscription

0.75%

HKD10,000.00Min. Subscription

AUD / HKD / JPY / EUR / GBP / RMB / USD / NZD

HKD10,000.00Min. Subscription

HKD10,000.00

HKD10,000.00

Daily

15:30

-

Dividend Records

Dividend DateDividend Records (EUR)
2019-11-070.057000
2019-10-070.069000
2019-09-080.083000
2019-08-070.091000
2019-07-070.085000
2019-06-090.095000
2019-05-070.090000
2019-04-070.098000
2019-03-070.093000
2019-02-070.105000
2019-01-080.099000
2018-12-090.081000
2018-11-070.084000
2018-10-070.082000
2018-09-090.090000
2018-08-070.085000
2018-07-080.083000
2018-06-070.084000
2018-05-070.078000
2018-04-080.082000
2018-03-070.079000
2018-02-070.086000
2018-01-080.089000
2017-12-070.083000
2017-11-070.085000
2017-10-080.079000
2017-09-070.089000
2017-08-070.087000
2017-07-090.096000
2017-06-070.092000
2017-05-070.093000
2017-04-090.091000
2017-03-070.085000
2017-02-070.090000
2017-01-080.084000
2016-12-070.080000
2016-11-070.077000
2016-10-090.071000
2016-09-070.083000
2016-08-070.080000
2016-07-070.072000
2016-06-070.073000
2016-05-080.068000
2016-04-070.075000
2016-03-070.068000
2016-02-070.070000
2016-01-100.087000
2015-12-070.051000
2015-11-080.062000
2015-10-070.055000
2015-09-070.056000
2015-08-090.070000
2015-07-070.065000
2015-06-070.055000
2015-05-070.027000
2015-04-080.035000
2015-03-080.027000
2015-02-080.030000
2015-01-080.033000
2014-12-070.029000
2014-11-090.027000
2014-10-070.030000
2014-09-070.027000
2014-08-070.030000
2014-07-070.030000
2014-06-090.030000
2014-06-080.033000
2014-05-070.033000
2014-04-070.034000
2014-03-090.029000
2014-02-090.030000
2014-01-080.031000
2013-12-080.030000
2013-11-070.031000
2013-10-070.030000
2013-09-080.027000
2013-08-070.026000
2013-07-070.025000
2013-06-090.029000
2013-05-070.028000
2013-04-070.033000
2013-03-070.030000
2013-02-070.030000
2013-01-080.034000
2012-12-090.034000
2012-11-080.033000
2012-10-070.034000
2012-09-090.034000
2012-08-070.033000
2012-07-080.030000
2012-06-070.035000
2012-05-080.029000
2012-04-100.035000
2012-03-070.039000
2012-02-070.033000
2012-01-080.033000
2011-12-070.028000
2011-11-080.028000
2011-10-090.037000
2011-09-070.026000
2011-08-070.038000
2011-07-070.037000
2011-06-080.042000
2011-05-080.035000
2011-04-070.040000
2011-03-070.037000
2011-02-070.044000
2011-01-090.046000
2010-12-070.040000
2010-11-070.038000
2010-10-070.039000
2010-09-070.040000
2010-08-080.045000
2010-07-070.044000
2010-06-070.047000
2010-05-090.039000
2010-04-070.041000
2010-03-070.041000
2010-02-070.047000
2009-12-070.116000
2009-11-080.045000
2009-10-070.049000
2009-09-070.050000
2009-08-090.054000
2009-07-070.058000
2009-06-070.050000
2009-05-070.046000
2009-04-070.036000
2009-03-080.035000
2009-02-080.025000
2009-01-070.020000
2008-12-070.036000
2008-11-090.036000
2008-10-070.035000
2008-09-070.042000
2008-08-070.044000
2008-07-070.030000
2008-06-080.037000
2008-05-070.030000
2008-04-070.031000
2008-03-090.031000
2008-02-070.036000
2008-01-070.033000
2007-12-090.034000
2007-11-070.045000
2007-10-070.020000
2007-09-090.026000
2007-08-070.044000
2007-07-080.033000
2007-06-070.041000
2007-05-070.032000
2007-04-090.042000
2007-03-070.037000
2007-02-070.036000
2007-01-070.031000
2006-12-070.033000
2006-11-070.031000
2006-10-080.031000
2006-09-070.030000
2006-08-070.031000
2006-07-090.028000
2006-06-070.023000
2006-05-070.030000
2006-04-090.028000
2006-03-070.026000
2006-02-070.028000
2006-01-080.027000
2005-12-070.030000
2005-11-070.022000
2005-10-090.027000
2005-09-070.026000
2005-08-070.029000
2005-07-070.024000
2005-06-070.023000
2005-05-080.025000
2005-04-070.026000
2005-03-070.024000
2005-02-070.026000
2005-01-090.026000
2004-12-070.023000
2004-11-070.023000
2004-10-070.027000
2004-09-070.018000
2004-08-080.030000
2004-07-070.033000
2004-06-070.038000
2004-05-090.041000
2004-04-070.036000
2004-03-070.036000
2004-02-080.039000
2004-01-080.036000
2003-12-070.040000
2003-11-090.030000
2003-10-070.030000
2003-09-070.031000
2003-08-070.037000
2003-07-070.037000
2003-06-090.036000
2003-05-080.035000
2003-05-070.035000
2003-04-070.039000
2003-03-090.033000
2003-02-090.036000
2003-01-080.034000
2002-12-080.037000
2002-11-100.036000
2002-10-080.024000
2002-10-070.024000

Investment Objective

Templeton Global Bond Fund (the “Fund”) aims to maximise total investment return by achieving an increase in the value of its investments, earning income and profiting from currency movement over the medium to long term.

Nature and Extent of Risks

Investment involves risks. Please refer to the offering document for details including the risk factors
1.Market risk
The market values of securities owned by the Fund will tend to go up or down, sometimes rapidly or unpredictably, due to factors affecting individual issuers, particular industries or sectors within securities markets, or because of general market conditions. During a general downturn in the securities markets, multiple asset classes (including different sectors of the same asset class) may decline in value at the same time. Similarly, when markets perform well, there can be no assurance that securities held by the Fund will participate in the advance. Because the securities the Fund holds fluctuate in price in this manner, the Fund’s value may go down as well as up and investors may be adversely affected.
2.Interest rate securities risk
Interest rates changes tend to be driven by prevailing economic, political and regulatory conditions as well as issuer-specific factors, impacting longer term securities more than short-term securities. A fixed income security’s value will generally increase in value when interest rates fall and decrease in value when interest rates rise. Movements in interest rates may therefore adversely affect the valuation of the Fund’s fixed income securities (such as bonds) and the Fund’s net asset value on a daily basis, in addition to impacting the amount of interest income earned by the Fund. Conditions in the banking sector may also adversely affect interest rates and the prices of fixed income securities.
3.Credit risk
The Fund is exposed to the credit/default risk of issuers of the debt securities that the Fund may invest in. Changes in the financial condition of an issuer, changes in economic and political conditions in general, or changes in economic and political conditions specific to an issuer, are factors that may have an adverse impact on an issuer’s credit quality and security value. Default can occur if an issuer fails to make principal and interest payments when due, which may result in a substantial loss to the Fund. Debt securities are also exposed to the risk of being downgraded, which can adversely affect and/or result in a substantial loss to the Fund.
4.Sovereign debt risk
The Fund’s investment in securities issued or guaranteed by governments may be exposed to political, social and economic risks. In adverse situations, the sovereign issuers may not be able or willing to repay the principal and/or interest when due or may request the Fund to participate in restructuring such debts. The Fund may suffer significant losses when there is a default of sovereign debt issuers and may have limited legal recourse against a sovereign debt issuer.
5.Low-rated, unrated or non-investment grade securities risk
The Fund may invest in lower rated, unrated or non-investment grade securities (such as lower rated bonds) where the risk of failure to pay interest and/or principal is greater vs. higher rated securities. Lower rated, unrated or non-investment grade securities generally pose greater illiquidity and valuation risks. These risks may result in a substantial loss to the Fund.
6.Foreign currency risk
The Fund will typically invest to a significant degree in securities that are denominated in currencies other than the base currency of the Fund, exposing its investments to changes in foreign exchange rates and the possibility of exchange control regulations. Changes in currency exchange rates may adversely affect the value of the Fund, and also may affect the income earned by the Fund and gains and losses realized by the Fund. The Fund may use instruments such as currency forwards, cross currency forwards and currency futures contracts to hedge currency exposure, which can limit the potential for currency gains, or to take a currency position for investment purposes, which can result in substantial loss to the Fund. To the extent that the Fund seeks to hedge or protect against currency exchange risk, there is no guarantee that hedging or protection will be achieved, and the value of the Fund may be adversely affected. Furthermore, the total return for a share class that is denominated in a different currency (the “alternative currency”) from the base currency of the Fund may be affected, either positively or negatively, by changes in the exchange rate between the Fund’s base currency and the alternative currency.
7.Concentration risk
The Fund seeks to maintain a portfolio with holdings in a relatively limited number of issuers. By being less diversified, the Fund may be more volatile than broadly diversified funds, or may be exposed to greater risk since underperformance of one or a few positions will have a greater impact in a less diversified Fund. The Funds may be adversely affected as a result of such greater volatility or risk.
8.Liquidity risk
The Fund may not be able to easily sell securities due to adverse market conditions or reduced value or creditworthiness of issuers in which it invests. The inability of the Fund to sell securities or positions may also impede the ability of the Fund to meet redemption requests in a timely manner. Certain securities may also be illiquid due to limited trading markets or contractual restrictions on their resale. Reduced liquidity due to these factors may have an adverse impact on the net asset value of the Fund.
9.Valuation risk
Valuation of the Fund’s investments may involve uncertainties and judgmental determinations. Independent pricing information may not always be available. If valuations prove to be incorrect, the investors of the Fund may be adversely affected.
10.Volatility risk
The debt securities in emerging markets may be subject to higher volatility and lower liquidity compared to more developed markets. The prices of securities traded in such markets may be subject to fluctuations. The bid and offer spreads of the price of such securities may be large and the Fund may incur significant trading costs.
11.Derivative instruments risk
Derivative instruments involve cost, may be volatile, and may involve a leverage effect. A small market movement may give rise to a proportionately larger impact, which may cause substantial loss to the Fund. Other risks include counterparty/credit risk, liquidity risk, valuation risk, volatility risk and over-the-counter transaction risk. In adverse situations, the Fund’s use of derivative instruments may become ineffective and the Fund may suffer significant losses.
12.High expected leverage risk
The Fund may have a net leveraged exposure of more than 100% of the net asset value of the Fund. This will further magnify any potential negative impact of any change in the value of the underlying asset on the Fund and also increase the volatility of the Fund’s price and may lead to significant losses.
13.Swap agreements risk
In a standard “swap” transaction, two parties agree to exchange the returns (or differential in rates of return) earned or realized on particular predetermined investments or instruments. Whether the Fund's use of swap agreements will be successful in furthering its investment objective will depend on the ability of the investment manager to correctly predict whether certain types of investments are likely to produce greater returns than other investments. Swap agreements are illiquid and in the event of the default or bankruptcy of a swap agreement counterparty, the Fund may suffer a substantial loss.
14.Counterparty risk
The Fund may be exposed to the credit/default risks of its counterparties and the Fund/investors may be adversely impacted.
15.Class hedging risk
The hedging strategy for a hedged share class may not work as intended, exposing investors of that share class to currency risk. Additionally, investors of a hedged share class may be exposed to fluctuations in the net asset value per share reflecting the gains/losses on and the associated transaction costs of the financial instruments used for hedging, and such investors may be adversely impacted.
16.Dividend policy risk
The Fund’s dividend policy allows for payment of dividends out of capital or effectively out of capital. Where this is done, it amounts to a return or withdrawal of part of an investor’s original investment or from any capital gains attributable to that original investment. Any distributions involving payment of dividends out of the Fund’s capital or payment of dividends effectively out of the Fund’s capital (as the case may be) may result in an immediate reduction of the net asset value per share.

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