Fund Description

The Fund’s principal investment goal is capital appreciation over a full market cycle. The Fund seeks to achieve its investment goal by allocating its assets across multiple global-macro focused, alternative strategies.

Strategy Statement

"We look to capitalize on global themes by dynamically allocating across carefully selected global macro strategies and managers while attempting to diligently manage their aggregated risks."

Management

Robert Christian

Robert Christian

  • Joined Franklin Templeton in 2010
  • Managed Fund Since 2016
Brooks Ritchey

Brooks Ritchey

  • Joined Franklin Templeton in 2005
  • Managed Fund Since 2016
Anthony M Zanolla, CFA

Anthony M Zanolla, CFA®

  • Joined Franklin Templeton in 2014
  • Managed Fund Since 2016

Strategy, Benefits, Results

Strategy

  • The fund aims to improve portfolio diversification via active management of investments across a variety of hedged global macro strategies in a multi-manager fund structure.
  • Our robust manager selection process involves five independent teams, each with the right to veto a manager.
  • The fund’s carefully selected managers are*:
    • EMSO Asset Management Limited
    • Graham Capital Management L.P.
    • Aspect Capital Limited

Benefits

  • Adaptable Portfolio Diversifier. The fund invests across alternative strategies with highly flexible mandates, targeting unique opportunities from global trends and themes in equity, fixed income, currency, and commodity markets.
  • Strategic Approach to Market Stress. The fund’s management team pursues more consistent portfolio returns over time by seeking to limit the impact of negative market events that can occur in periods of market stress.
  • Access to Hedge Strategies. K2’s robust manager research process seeks to provide access to a talented group of hedge strategy managers.
  • Disciplined Capabilities Steeped in Experience. Built with 20 years of experience, K2 focuses on manager research, strategy allocation and portfolio construction within a culture deeply focused on managing risk.
  • Risk Management. The investment team applies extensive risk processes, systems and data to help ensure risks can be continually measured, monitored, and managed.

Investing In The Fund

  • All investments involve risks, including possible loss of principal.
  • The fund is actively managed and could experience losses if the investment manager’s or sub-advisors’ judgment about particular investments made for the fund prove to be incorrect.
  • Investments in derivatives involve costs and create economic leverage, which may result in significant volatility and cause the fund to participate in losses (as well as gains) that significantly exceed the fund’s initial investment.
  • The market values of securities owned by the fund will go up or down, sometimes rapidly or unpredictably.
  • Liquidity risk may exist when securities have become more difficult to sell, or are unable to be sold, at the price at which they have been valued.
  • The sub-advisors may not be successful in maintaining effective and operational trading models used to implement systematic strategies.
  • An issuer of debt securities may fail to make interest payments or repay principal when due.
  • Lower-rated or high yield debt securities involve greater credit risk, including the possibility of default or bankruptcy.
  • When interest rates rise, debt security prices tend to fall.
  • Foreign investments are subject to greater investment risk such as political, economic, credit, information and currency fluctuation risks.
  • Investments in emerging markets are subject to the risks of foreign investing and have additional heightened risks.
  • Commodity and commodity-linked investments present unique risks, are speculative and can be extremely volatile.
  • Please see the prospectus and summary prospectus for information on these as well as other risk considerations.

Minimum Investment

$1,000.00

How Financial Advisors Help You

Speak to your advisor about whether this fund is appropriate for you.

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