FRANkLiN TEMPLETON INVESTMENT FUNDS - Citibank

PROSPECTUS OF FRANKLIN TEMPLETON INVESTMENT FUNDS
FRANKLIN TEMPLETON GLOBAL FUNDAMENTAL STRATEGIES FUND
The Fund’s investment objective is to seek capital appreciation through a diversified, value- oriented approach.
Its secondary objective is to seek income.
The Fund generally invests in equity securities of companies of any market capitalisation located anywhere
in the world, including Emerging Markets, as well as debt securities issued by any government, governmentrelated,
or by supranational entities organised or supported by several national governments. The Fund
may in addition invest in debt securities of corporate issuers and in securities of companies involved in
mergers, consolidations, liquidations and reorganisations or as to which there exist tender of exchange
offers, and may participate in such transactions. It may also invest in low-rated and non- investment grade
debt securities of various issuers, in fixed or floating rate securities, either directly or through regulated
investment funds (subject to the limits indicated below), as well as in financial derivative instruments.
These financial derivative instruments may be dealt either in regulated markets or over- the-counter, and
may include, inter alia, swaps (such as credit default swaps or total return swaps), forwards and cross
forwards, future contracts (including those on government securities), as well as options. Use of financial
derivative instruments may result in negative exposures in a specific yield curve/duration or currency. The
Fund may invest up to 10% of its net assets in units of UCITS and other UCIs but not invest more than
10% of its net assets in asset- backed securities.
The Fund makes an allocation of its assets between three different investment strategies followed
independently by the Franklin, Templeton and Mutual Series management groups, with the aim to
maintain an equal exposure to two global equity strategies and one global fixed income strategy, subject
to appropriate monitoring and rebalancing. Such investment strategies are already followed broadly by
Franklin Templeton Investments in respect of certain of its U.S. registered funds and focus respectively on
fixed and floating rate debt securities of government, government- related or corporate issuers across the
world, on worldwide equity securities selling at prices unusually low relative to the Investment Managers’
appraisal of value as well as on equity viewed as undervalued by the Investment Manager or convertible
debt securities including securities of companies involved in mergers, consolidations, liquidations or other
reorganisation.
The base currency of this Fund is U.S. dollar.
FRANKLIN TEMPLETON GLOBAL GROWTH AND VALUE FUND
The Fund’s investment objective is capital appreciation.
The Fund invests in equity securities and debt securities convertible or expected to be convertible into
common or preferred stocks of companies of any market capitalisation located anywhere in the world,
including Emerging Markets. At least half of the Fund’s assets without taking into account ancillary
liquid assets shall be made in equity securities or similar instruments. The Fund may also invest in
American, European and Global Depositary Receipts. The Fund invests in both “value” and “growth”
stocks and the allocation of assets to each is monitored and rebalanced regularly.
Investments in Emerging Market countries are subject to a higher degree of risk, as described in the section
“Risk Considerations”.
The base currency of this Fund is U.S. dollar.
FRANKLIN TEMPLETON JAPAN FUND
The Fund’s investment objective is capital appreciation, which it seeks to achieve through a policy of investing
primarily in equity securities of issuers incorporated or having their principal business activities in Japan.
In addition, the Fund may also seek investment opportunities in other types of securities such as preferred
stocks, securities convertible into common stocks, and corporate and government debt obligations which
are Japanese Yen and non- Japanese Yen denominated.
The base currency of the Fund is Japanese Yen.
20 Franklin Templeton Investment Funds