Templeton Global Bond Fund A MDis USD

鄧普頓環球債券基金 A類 MDis 美元

LU0029871042

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.

Non-dealing Hours

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

14:00

2021-05-18

*Not include dividends (If applicable)

Fund Performances (including dividend, if any)

1 mth
+0.47%
3 mth
-2.14%
6 mth
-1.30%
1 yr
-1.83%
3 yr
-3.80%
5 yr
+5.38%

Analytical Figures (3 years)

Annualized Return
-1.28%
Annualized Volatility
+6.13%
Sharpe Ratio
-0.49

Fund Information

Fund Houses
Franklin Templeton Investments (Asia) Ltd.
Launch Date
1991-02-27
Fund Manager
Michael Hasenstab
Calvin Ho
Manager Start Date
2002-06-01
2018-12-31
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 2021-04-29)
USD 6,547,782,127.73
Management Fee
0.75%
Latest Dividend
USD 0.057000 (2021-05-09)

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

14:00

2021-05-18

Dividend Records

Dividend DateDividend Records (USD)
2021-05-090.057000
2021-04-080.065000
2021-03-070.051000
2021-02-070.056000
2021-01-100.112000
2020-12-070.049000
2020-11-080.066000
2020-10-070.046000
2020-09-070.044000
2020-08-090.041000
2020-07-070.051000
2020-06-070.040000
2020-05-070.036000
2020-04-070.054000
2020-03-080.066000
2020-02-090.070000
2020-01-080.070000
2019-12-080.066000
2019-11-070.063000
2019-10-070.075000
2019-09-080.094000
2019-08-070.098000
2019-07-070.099000
2019-06-090.105000
2019-05-070.101000
2019-04-070.108000
2019-03-070.105000
2019-02-070.119000
2019-01-080.115000
2018-12-090.093000
2018-11-070.094000
2018-10-070.095000
2018-09-090.104000
2018-08-070.099000
2018-07-080.098000
2018-06-070.097000
2018-05-070.093000
2018-04-080.103000
2018-03-070.095000
2018-02-070.107000
2018-01-080.106000
2017-12-070.097000
2017-11-070.099000
2017-10-080.095000
2017-09-070.105000
2017-08-070.102000
2017-07-090.110000
2017-06-070.104000
2017-05-070.101000
2017-04-090.096000
2017-03-070.090000
2017-02-070.096000
2017-01-080.090000
2016-12-070.085000
2016-11-070.085000
2016-10-090.081000
2016-09-070.091000
2016-08-070.089000
2016-07-070.082000
2016-06-070.081000
2016-05-080.077000
2016-04-070.086000
2016-03-070.077000
2016-02-070.076000
2016-01-100.096000
2015-12-070.052000
2015-11-080.068000
2015-10-070.062000
2015-09-070.062000
2015-08-090.076000
2015-07-070.066000
2015-06-070.061000
2015-05-070.030000
2015-04-080.037000
2015-03-080.031000
2015-02-080.032000
2015-01-080.040000
2014-12-070.035000
2014-11-090.034000
2014-10-070.038000
2014-09-070.036000
2014-09-040.036000
2014-08-070.040000
2014-07-070.041000
2014-06-090.050000
2014-06-080.045000
2014-05-070.046000
2014-04-070.047000
2014-03-090.041000
2014-02-090.040000
2014-01-080.043000
2013-12-080.040000
2013-11-070.042000
2013-10-070.040000
2013-09-080.036000
2013-08-070.035000
2013-07-070.032000
2013-06-090.038000
2013-05-070.037000
2013-04-070.042000
2013-03-070.039000
2013-02-070.040000
2013-01-080.045000
2012-12-090.043000
2012-11-080.044000
2012-10-070.045000
2012-09-090.042000
2012-08-070.039000
2012-07-080.039000
2012-06-070.043000
2012-05-080.036000
2012-04-100.046000
2012-03-070.053000
2012-02-070.042000
2012-01-080.043000
2011-12-070.038000
2011-11-080.038000
2011-10-090.049000
2011-09-070.036000
2011-08-070.055000
2011-07-070.054000
2011-06-080.059000
2011-05-080.052000
2011-04-070.057000
2011-03-070.052000
2011-02-070.058000
2011-01-090.063000
2010-12-070.051000
2010-11-070.054000
2010-10-070.054000
2010-09-070.052000
2010-08-080.058000
2010-07-070.052000
2010-06-070.056000
2010-05-090.052000
2010-04-070.056000
2010-03-070.060000
2010-02-070.070000
2009-12-070.151000
2009-11-080.066000
2009-10-070.071000
2009-09-070.073000
2009-08-090.076000
2009-07-070.081000
2009-06-070.071000
2009-05-070.062000
2009-04-070.046000
2009-03-080.047000
2009-02-080.031000
2009-01-070.027000
2008-12-070.046000
2008-11-090.043000
2008-10-070.049000
2008-09-070.061000
2008-08-070.067000
2008-07-070.049000
2008-06-080.057000
2008-05-070.047000
2008-04-070.049000
2008-03-090.046000
2008-02-070.054000
2008-01-070.048000
2007-12-090.051000
2007-11-070.064000
2007-10-070.030000
2007-09-090.035000
2007-08-070.060000
2007-07-080.040000
2007-06-070.054000
2007-05-070.045000
2007-04-090.056000
2007-03-070.048000
2007-02-070.046000
2007-01-070.041000
2006-12-070.045000
2006-12-060.045000
2006-11-070.039000
2006-11-060.039000
2006-10-080.038000
2006-10-050.038000
2006-09-070.039000
2006-09-060.039000
2006-08-070.040000
2006-08-060.040000
2006-07-090.035000
2006-07-060.035000
2006-06-070.031000
2006-06-060.031000
2006-05-070.037000
2006-05-040.037000
2006-04-090.034000
2006-04-060.034000
2006-03-070.031000
2006-03-060.031000
2006-02-070.034000
2006-02-060.034000
2006-01-080.032000
2006-01-050.032000
2005-12-070.034000
2005-12-060.034000
2005-11-070.028000
2005-11-060.028000
2005-10-090.033000
2005-10-060.033000
2005-09-070.032000
2005-09-060.032000
2005-08-070.031000
2005-08-040.031000
2005-07-070.031000
2005-07-060.031000
2005-06-070.029000
2005-06-060.029000
2005-05-080.032000
2005-05-050.032000
2005-04-070.035000
2005-04-060.035000
2005-03-070.031000
2005-03-060.031000
2005-02-070.033000
2005-02-060.033000
2005-01-090.034000
2005-01-060.034000
2004-12-070.032000
2004-12-060.032000
2004-11-070.029000
2004-11-040.029000
2004-10-070.033000
2004-10-060.033000
2004-09-070.023000
2004-09-060.023000
2004-08-080.037000
2004-08-050.037000
2004-07-070.040000
2004-07-060.040000
2004-06-070.047000
2004-06-060.047000
2004-05-090.048000
2004-05-060.048000
2004-04-070.043000
2004-04-060.043000
2004-03-070.048000
2004-03-040.048000
2004-02-080.049000
2004-02-050.049000
2004-01-080.045000
2004-01-070.045000
2003-12-070.047000
2003-12-040.047000
2003-11-090.046000
2003-11-060.046000
2003-10-070.040000
2003-10-060.040000
2003-09-070.041000
2003-09-040.041000
2003-08-070.039000
2003-08-060.039000
2003-07-070.035000
2003-07-060.035000
2003-06-090.039000
2003-06-080.039000
2003-05-070.036000
2003-04-070.039000
2003-04-060.039000
2003-03-090.036000
2003-03-060.036000
2003-02-090.039000
2003-02-060.039000
2003-01-080.035000
2003-01-070.035000
2002-12-080.034000
2002-12-050.034000
2002-11-100.039000
2002-11-070.039000
2002-10-070.033000
2002-10-060.033000
2002-09-080.035000
2002-09-050.035000
2002-08-070.033000
2002-08-060.033000
2002-07-070.034000
2002-07-040.034000
2002-06-090.029000
2002-06-060.029000
2002-05-090.032000
2002-05-080.032000
2002-04-080.037000
2002-04-070.037000
2002-03-070.030000
2002-03-060.030000
2002-02-070.036000
2002-02-060.036000
2002-01-080.026000
2002-01-070.026000
2001-12-090.028000
2001-12-060.028000
2001-11-080.038000
2001-11-070.038000
2001-10-070.034000
2001-10-040.034000
2001-09-090.039000
2001-09-060.039000
2001-08-070.041000
2001-08-060.041000
2001-07-080.042000
2001-07-050.042000
2001-06-100.042000
2001-06-070.042000
2001-05-080.040000
2001-05-070.040000
2001-04-080.039000
2001-04-050.039000
2001-03-070.038000
2001-03-060.038000
2001-02-070.039000
2001-02-060.039000
2001-01-080.041000
2001-01-070.041000
2000-12-060.035000
2000-12-050.035000
2000-11-070.038000
2000-11-060.038000
2000-10-050.037000
2000-10-040.037000
2000-09-060.039000
2000-09-050.039000
2000-08-060.036000
2000-08-030.036000
2000-07-090.041000
2000-07-060.041000
2000-06-070.056000
2000-06-060.056000
2000-05-070.030000
2000-05-040.030000
2000-04-060.036000
2000-04-050.036000
2000-03-060.026000
2000-03-050.026000
2000-02-060.034000
2000-02-030.034000
2000-01-060.041000
2000-01-050.041000
1999-12-060.040000
1999-12-050.040000
1999-11-070.024000
1999-11-040.024000
1999-10-060.030000
1999-10-050.030000
1999-09-070.033000
1999-09-060.033000
1999-08-050.035000
1999-08-040.035000
1999-07-060.056000
1999-07-050.056000
1999-06-060.070000
1999-06-030.070000
1999-05-060.050000
1999-05-050.050000
1999-04-070.050000
1999-04-060.050000
1999-03-040.045000
1999-03-030.045000
1999-02-040.050000
1999-02-030.050000
1999-01-070.025000
1999-01-060.025000
1998-12-060.070000
1998-12-030.070000
1998-11-050.080000
1998-11-040.080000
1998-10-060.070000
1998-10-050.070000
1998-09-060.055000
1998-09-030.055000
1998-08-060.060000
1998-08-050.060000
1998-07-060.060000
1998-07-050.060000
1998-06-040.055000
1998-06-030.055000
1998-05-060.065000
1998-05-050.065000
1998-04-060.065000
1998-04-050.065000
1998-03-050.065000
1998-03-040.065000
1998-02-050.070000
1998-02-040.070000
1998-01-070.080000
1998-01-060.080000
1997-12-040.070000
1997-12-030.070000
1997-11-060.060000
1997-11-050.060000
1997-10-060.060000
1997-10-050.060000
1997-09-040.060000
1997-09-030.060000
1997-08-060.060000
1997-08-050.060000
1997-07-060.060000
1997-07-030.060000
1997-06-050.060000
1997-06-040.060000
1997-05-080.050000
1997-05-070.050000
1997-04-100.050000
1997-04-090.050000
1997-03-060.050000
1997-03-050.050000
1997-02-060.060000
1997-02-050.060000
1997-01-090.065000
1997-01-080.065000
1996-12-120.065000
1996-12-110.065000
1996-11-070.060000
1996-11-060.060000
1996-10-100.060000
1996-10-090.060000
1996-09-120.055000
1996-09-110.055000
1996-08-080.075000
1996-08-070.075000
1996-07-110.060000
1996-07-100.060000
1996-06-060.130000
1996-06-050.130000
1996-04-110.170000
1996-04-100.170000
1996-01-180.180000
1996-01-110.180000
1995-10-120.180000
1995-10-050.180000
1995-07-130.220000
1995-07-060.220000
1995-04-130.120000
1995-04-060.120000
1995-01-190.150000
1995-01-120.150000
1994-11-170.160000
1994-11-100.160000
1994-08-110.170000
1994-08-040.170000
1994-05-120.140000
1994-05-050.140000
1994-02-170.140000
1994-02-100.140000
1993-11-110.100000
1993-11-040.100000
1993-08-120.200000
1993-08-050.200000
1993-05-130.120000
1993-05-060.120000
1993-02-110.120000
1993-02-040.120000
1992-11-120.180000
1992-11-050.180000
1992-08-120.200000
1992-08-050.200000
1992-04-130.039000
1992-04-080.039000
1991-12-190.047000
1991-12-040.047000

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.Debt securities risk: The Fund is exposed to the credit/default risk of issuers of the debt securities that the Fund may invest
in. Investment in the Fund is subject to interest rate risk. The debt securities will generally increase in value when interest rates fall and decrease in value when interest rates rise. Credit ratings assigned by rating agencies are subject to limitations and do not guarantee the creditworthiness of the security and/or issuer at all times. The Fund may invest in debt securities on which the issuer is not currently making interest payments (defaulted debt securities). These securities may become illiquid. The Fund’s investment in securities issued or guaranteed by governments may be exposed to political, social and economic risks. In adverse situation, the governmental entity may be unwilling or unable to pay interest and repay principal, or the indebtedness may be restructured. In the event of a default on sovereign debt, the Fund may suffer significant losses. The Fund may invest in higher-yielding securities rated lower than investment grade or unrated. Such securities are generally subject to lower liquidity, higher volatility and greater risk of loss of principal and interest than high-rated debt securities.
2. 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.
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. 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.
5. 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 on the Fund’s assets. The Fund may be adversely affected as a result of such greater volatility or risk.
6. 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.
7. 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.
8. 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.
9. Counterparty risk: The Fund may be exposed to the credit/default risks of its counterparties and the Fund/investors may be adversely impacted.
10. Emerging markets risk: The Fund may invest in, or be exposed to, emerging markets, which may involve increased risks and special considerations not typically associated with investment in more developed markets. The risks of investing in emerging markets, which can adversely affect and/or result in a substantial loss to the Fund, may include: liquidity risks, currency risks/control, political and economic uncertainties, legal and taxation risks, settlement risks, custody risk and the likelihood of a high degree of volatility.
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. 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.
13. Credit-linked securities risk: The Fund may invest in credit-linked securities (such as credit default swaps). The Fund may be adversely affected by any delay or cessation in the making of payments by the issuers of the debt obligations underlying the credit-linked security or by the issuer of the credit-linked security. If the market for credit-linked securities becomes illiquid, the Fund could experience difficulty in selling such security at a price the investment manager believes is fair, and the Fund may be adversely impacted.
14. Structured notes risk: Structured notes involve a counterparty structuring a note whose value is intended to move in line with the underlying security specified in the note. Unlike financial derivative instruments, cash is transferred from the buyer to the seller of the note. Investment in these instruments may cause a loss if the value of the underlying security decreases. There is also a risk that the note issuer will default. The liquidity of a structured note can be less than that for the underlying security, a regular bond or debt instrument and this may adversely affect the Fund.
15. Europe and Eurozone risk: The Fund may invest in the Eurozone. Mounting sovereign debt burdens (e.g. any sovereigns within the Eurozone, which default on their debts, may be forced to restructure their debts and faced difficulties in obtaining credit or refinancing) and slowing economic growth among European countries, combined with uncertainties in European financial markets, including feared or actual failures in the banking system and the possible break-up of the Eurozone and Euro currency, may adversely affect interest rates and the prices of securities across Europe and potentially other markets as well. These events may increase volatility, liquidity and currency risks associated with investments in Europe. The aforesaid economic and financial difficulties in Europe may spread across Europe and as a result, a single or several European countries may exit the Eurozone or a sovereign within the Eurozone may default on its debts. In any event of the break-up of the Eurozone or Euro currency, the Fund may be exposed to additional operational or performance risks. While the European governments, the European Central Bank, and other authorities are taking measures (e.g. undertaking economic reforms and imposing austerity measures on citizens) to address the current fiscal conditions, these measures may not have the desired effect and therefore the future stability and growth of Europe is uncertain. The performance and value of the Fund may be adversely affected should there be any adverse credit events (e.g. downgrade of the sovereign credit rating or default or bankruptcy of any Eurozone countries).
16. 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.
17. 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.
18. China Bond Connect risk: Investing in the China Interbank Bond Market (CIBM) via Bond Connect is subject to regulatory risks and various risks such as volatility risk, liquidity risk, settlement and counterparty risk as well as other risk factors typically applicable to debt securities. The relevant rules and regulations on investment in the CIBM via Bond Connect are subject to change which may have potential retrospective effect. In the event that the relevant PRC authorities suspend account opening or trading on the CIBM, the Fund’s ability to invest in the CIBM will be adversely affected. In such event, the Fund’s ability to achieve its investment objective will be negatively affected.
19. Chinese market risk: The Fund is subject to the risks of the Chinese market and the value of the Fund may be susceptible to adverse economic, political, policy, foreign exchange, liquidity, tax, legal or regulatory events affecting the Chinese market. The value and performance of the Fund may be adversely affected as a result.