Firm has enhanced access to popular investment-grade bond strategy that seeks yield and diversification
Franklin Templeton Canada has made accessing one of its popular bond strategies easier for financial advisors and investors through a new mutual fund.
The newly announced Franklin Global Aggregate Fund will provide Canadian dollar-hedged exposure to government, sovereign, and corporate bonds by investing directly in the Franklin Liberty Global Aggregate Bond ETF (CAD-Hedged) (FLGA).
“Canadians are searching for yield in this low interest rate environment,” said Franklin Templeton Canada President and CEO Duane Green.
“Our global aggregate bond strategy is focused on providing yield and global diversification that advisors and investors need for their fixed income portfolios, now in either a mutual fund or ETF structure, at a low cost.”
Using top-down macro views and bottom-up analysis, FLGA searches for the best fixed-income investment opportunities in developed and emerging markets. It seeks to add value by pinpointing and capitalizing on market inefficiencies in debt markets, as well as protect assets through a disciplined risk management process.
The strategy is co-managed by Franklin Templeton Fixed Income portfolio managers, including Sonal Desai, CIO, EVP and portfolio manager, and John Beck, director of fixed income for London, SVP and portfolio manager. It draws on expertise from over 145 investment professionals around the world who make up the Franklin Templeton Fixed Income Team, which manages over US$145 billion in assets.
Placing FLGA among his firm’s most successful ETFs, Green added: “Advisors have been asking for this core global fixed income solution in a mutual fund structure, so we've added it to our actively managed suite of domestic and global fixed income offerings.”