The Templeton Emerging Markets Balanced Fund, which is Luxembourg domiciled and was soft launched on 29 April, seeks to maximise a combination of capital appreciation and income in long term.
It will typically hold both emerging markets equity and debt securities, with the proportion of its assets allocated to each, depending on the managers’ view of the valuation, risk and opportunity within each asset class.
Franklin Templeton said managers Mobius, who is executive chairman of Templeton Emerging Markets Group, and Hasenstab, who is co-director its international bond department, will seek to add value through bottom-up fundamental sector, security and issuer analysis and top-down economic analysis. The managers will be supported by teams on the ground in local markets around the globe, including senior members from the Templeton Emerging Markets Group and its fixed income team.
“Interest in emerging markets investing has never been greater, driven by the growth potential of these countries,” said Mobius.
“Templeton’s time-tested investment philosophy is built on in-depth research and a bottom-up, disciplined yet flexible approach to value which looks beyond short-term news and emotion. We bring that same philosophy to the Templeton Emerging Markets Balanced Fund, leveraging our established investment expertise and infrastructure in both emerging markets equity and fixed income to meet the growing investor interest for a balanced approach to the category.
