Thursday 28 Mar 2024
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Franklin Templeton Asset Management (Malaysia) Sdn Bhd (FTAM) has announced the launch of the Templeton Global Balanced Fund, which provides qualified investors with access to the combined investment expertise of the Templeton Global Equity Group and the Templeton Global Macro.

The fund invests in global equities and global fixed income securities, and is one of the few actively managed global funds available in Malaysia. It seeks to provide capital appreciation and income by investing principally in equities and government debt securities across the globe, including emerging markets.

Templeton Global Balanced Fund is structured as a feeder fund, which will invest a minimum of 95% of its net asset value (NAV) in the target fund, also named the Templeton Global Balanced Fund. The target fund will typically invest 65% of its portfolio in equities and equity-linked securities and 35% in fixed income securities.

The target fund has a long track record of more than 20 years since its inception in 1994 and has an asset size of more than US$1.2 billion.

The Templeton Global Balanced Fund is available to qualified individual investors in two currency classes, the ringgit and the US dollar. The minimum initial investment for its Class A (ringgit) share class is RM10,000 and Class A (US dollar) share class is US$5,000. Investors can buy into the fund at Hong Leong Bank branches across Malaysia. 

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