Fund Profile: Franklin Australian Absolute Return Bd W

Key Information

APIR codeFRT0027AU
StatusOpen
Asset classMulti-Strategy Income
Responsible EntityFranklin Templeton Investments Aus Ltd
Fund ManagerFranklin Templeton Investments Aus Ltd
Product typeRetail
Legal typeOpen end
Fund inception22 Dec 2014
Fund size $773,141,365
Entry / exit price (2020-12-31)$1.0548 / $1.0548
Minimum initial$25000
Distribution frequencyMonthly

Objective

The investment objective of the Fund is to provide investors with access to an actively managed portfolio of fixed income strategies with an aim to deliver returns in excess of the Bloomberg AusBond Bank Bill Index, after fees and expenses (but before taxes), over the short to medium term.

What is this fund?

The Fund seeks to achieve its investment objective by investing principally in fixed and floating-rate debt instruments issued by governments, government-related entities (including supranational organisations supported by several national governments) and corporations worldwide. The Fund's investment universe consists of generally liquid fixed income instruments including high quality short-term call deposits and cash equivalent securities, government bonds, corporate and asset backed securities in Australia and overseas.

Please refer to the full qualitative report for this fund for our rating.

Fees

Management Fee % PA0.5000
ICR % PA0.6500
Entry / Exit %0.0000/0.0000
Switching %0.0000
Buy / Sell Spread 0.00% / 0.00%

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