Overall Morningstar Rating
Rating Category: USD Government Bond
Morningstar Style Box
| High | Quality | |||
|---|---|---|---|---|
| Medium | ||||
| Low | ||||
| LTD | MOD | EXT | ||
| Duration | ||||
Historical Morningstar Ratings
| Years | 3 |
| Ratings | |
| Number of Funds In Category |
| Years | 5 |
| Ratings | |
| Number of Funds In Category |
| Years | 10 |
| Ratings | |
| Number of Funds In Category |
This is a marketing communication. Please refer to the prospectus of the UCITS and to the KID before making any final investment decisions.
Overview
- Summary of Fund Objective
- Investor Profile
- What Are The Key Risks?
Summary of Fund Objective
To seek to maximise income while maintaining some degree of capital preservation. The Fund mainly invests in US government bonds, including mortgage-backed securities, issued or guaranteed by the US government or related agencies.
Investor Profile
- Seeking a degree of safety of initial investment as well as income.
- Seeking investment primarily in debt securities of the US government and its agencies.
- Planning to hold their investment for the medium to long term.
What Are The Key Risks?
The value of shares in the Fund and income received from it can go down as well as up and investors may not get back the full amount invested. Performance may also be affected by currency fluctuations. Currency fluctuations may affect the value of overseas investments.
- The Fund invests mainly in debt securities issued or guaranteed by the U.S. government and its agencies. Such securities have historically proven to present some stability over time and have benefitted from a limited exposure to interest rates or movements in the bond market. As a result, the performance of the Fund can fluctuate to a small degree over time.
- The Fund may distribute income gross of expenses. Whilst this might allow more income to be distributed, it may also have the effect of reducing capital.
- Other significant risks include:
Liquidity risk: the risk that arises when adverse market conditions affect the ability to sell assets when necessary. Such risk may be triggered by (but not limited to) unexpected events such as environmental disasters or pandemics. Reduced liquidity may have a negative impact on the price of the assets.
Securitisation risk: investment in securities which generate return from various underlying groups of assets such as mortgages, loans or other assets may bear a greater risk of loss due to possible default of some of the underlying assets.
For full details of all of the risks applicable to this Fund, please refer to the “Risk Considerations” section of the Fund in the current prospectus of Franklin Templeton Investment Funds.
Fund Information
Dividends & Yields
Portfolio Managers
Performance
- Discrete Annual Returns
- Cumulative Total Returns
- Average Annual Total Returns
- Calendar Year Returns
- Risk Measures
Discrete Annual Returns
Discrete Annual Returns
Past performance does not predict future returns.
Chart
Month End As of 30/09/2025 | Currency | Sep-24 / Sep-25 | Sep-23 / Sep-24 | Sep-22 / Sep-23 | Sep-21 / Sep-22 | Sep-20 / Sep-21 | Sep-19 / Sep-20 | Sep-18 / Sep-19 | Sep-17 / Sep-18 | Sep-16 / Sep-17 | Sep-15 / Sep-16 | Performance Inception Date | Fund Overview | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A (Mdis-Plus) HKD - Without Sales Charge (NAV) (%) | HKD | 2.49 | — | — | — | — | — | — | — | — | — | 21/06/2024 | ||
| Bloomberg US Government - Intermediate Index (%) | HKD | 3.68 | 7.44 | 1.10 | -8.42 | -0.89 | 4.77 | 7.72 | -1.00 | 0.04 | 2.52 | — |
Month End As of 30/09/2025 | Currency | Sep-24 / Sep-25 | Sep-23 / Sep-24 | Sep-22 / Sep-23 | Sep-21 / Sep-22 | Sep-20 / Sep-21 | Sep-19 / Sep-20 | Sep-18 / Sep-19 | Sep-17 / Sep-18 | Sep-16 / Sep-17 | Sep-15 / Sep-16 | Performance Inception Date | Fund Overview | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A (acc) EUR-H1 - Without Sales Charge (NAV) (%) | EUR | 0.36 | 7.88 | -3.73 | -14.38 | -2.29 | 0.63 | 3.02 | -4.33 | -3.10 | — | 29/07/2016 | ||
| A (acc) HKD - Without Sales Charge (NAV) (%) | HKD | 2.55 | 9.13 | -1.42 | -12.01 | -1.08 | 1.34 | 6.31 | -1.66 | -0.26 | 1.77 | 30/04/2010 | ||
| A (acc) PLN-H1 - Without Sales Charge (NAV) (%) | PLN | 3.33 | 10.05 | 0.74 | — | — | — | — | — | — | — | 25/08/2022 | ||
| A (acc) USD - Without Sales Charge (NAV) (%) | USD | 2.45 | 9.97 | -1.18 | -12.73 | -1.52 | 2.43 | 6.17 | -1.81 | -1.08 | 1.82 | 30/09/2010 | ||
| A (Mdis-Plus) USD - Without Sales Charge (NAV) (%) | USD | 2.41 | — | — | — | — | — | — | — | — | — | 21/06/2024 | ||
| A (Mdis) AUD-H1 - Without Sales Charge (NAV) (%) | AUD | 1.93 | — | — | — | — | — | — | — | — | — | 28/02/2024 | ||
| A (Mdis) HKD - Without Sales Charge (NAV) (%) | HKD | 2.44 | 9.18 | -1.39 | -12.18 | -1.00 | 1.24 | 6.01 | -1.64 | -0.36 | 1.78 | 30/04/2010 | ||
| A (Mdis) JPY-H1 - Without Sales Charge (NAV) (%) | JPY | -2.31 | — | — | — | — | — | — | — | — | — | 28/02/2024 | ||
| A (Mdis) RMB-H1 - Without Sales Charge (NAV) (%) | CNH | -0.08 | — | — | — | — | — | — | — | — | — | 28/02/2024 | ||
| A (Mdis) USD - Without Sales Charge (NAV) (%) | USD | 2.38 | 9.99 | -1.19 | -12.76 | -1.42 | 2.42 | 6.15 | -1.79 | -1.05 | 1.69 | 28/02/1991 | ||
| AX (acc) USD - Without Sales Charge (NAV) (%) | USD | 2.17 | 9.71 | -1.28 | -12.97 | -1.63 | 2.24 | 5.93 | -2.00 | -1.27 | 1.56 | 03/12/2001 | ||
| C (acc) USD - Without Sales Charge (NAV) (%) | USD | 1.58 | 9.04 | -1.94 | -13.44 | -2.21 | 1.60 | 5.35 | -2.61 | -1.76 | 0.96 | 09/09/2002 | ||
| F (Mdis) USD - Without Sales Charge (NAV) (%) | USD | 1.38 | 8.72 | -2.10 | -13.64 | -2.40 | — | — | — | — | — | 03/10/2019 | ||
| N (acc) USD - Without Sales Charge (NAV) (%) | USD | 1.64 | 9.12 | -1.84 | -13.36 | -2.17 | 1.73 | 5.45 | -2.55 | -1.74 | 1.06 | 14/05/2001 | ||
| N (Mdis) USD - Without Sales Charge (NAV) (%) | USD | 1.58 | 9.07 | -1.81 | -13.34 | -2.12 | 1.64 | 5.44 | -2.44 | -1.82 | 1.11 | 01/07/1999 | ||
| W (acc) USD - Without Sales Charge (NAV) (%) | USD | 2.74 | 10.52 | -0.60 | -12.26 | -0.88 | 3.06 | 6.73 | -1.33 | -0.47 | 2.22 | 30/09/2010 | ||
| W (Mdis) USD - Without Sales Charge (NAV) (%) | USD | 2.79 | 10.49 | -0.60 | -12.17 | -0.91 | 2.97 | 6.84 | -1.32 | -0.62 | 2.34 | 28/02/1991 | ||
| Z (acc) USD - Without Sales Charge (NAV) (%) | USD | 2.76 | 10.23 | -0.82 | -12.34 | -1.18 | 2.68 | 6.59 | -1.62 | -0.76 | 2.07 | 26/02/2010 | ||
| Z (Mdis) USD - Without Sales Charge (NAV) (%) | USD | 2.79 | 10.20 | -0.81 | -12.50 | -1.21 | 2.84 | 6.52 | -1.58 | -0.73 | 1.97 | 08/12/2010 |
The fund’s returns may increase or decrease as a result of changes to foreign exchange rates.
The value of shares in the Fund and income received from it can go down as well as up, and investors may not get back the full amount invested. Performance details provided are in share class currency, include the reinvested dividends gross of basic rate tax and are net of management fees. Sales charges and other commissions, other taxes and relevant costs to be paid by an investor are not included in the calculations.
Effective April 1, 2016, class B shares are closed to new investment and additional investment from existing holders.
Selected share classes show performance information prior to the launch date of that share class. In these cases, performance has been simulated by taking the performance data of a donor share class which has higher annual charges. Please follow this link for a full list of hybrid performance share classes.
Cumulative Total Returns
Cumulative Total Returns
Past performance does not predict future returns.
2024
2025
Chart
Month End As of 30/09/2025 | Currency | YTD | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | 5 Years | 10 Years | 15 Years | Since Inception 21/06/2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A (Mdis-Plus) HKD - Without Sales Charge (NAV) (%) | HKD | 6.05 | 0.86 | 1.28 | 3.01 | 2.49 | — | — | — | — | 6.12 | |
| Bloomberg US Government - Intermediate Index (%) | HKD | 5.45 | 0.09 | 0.36 | 2.74 | 3.68 | 12.62 | 2.22 | 17.13 | 28.33 | 7.07 |
Month End As of 30/09/2025 | Currency | YTD | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | 5 Years | 10 Years | 15 Years | Since Inception |
| Fund Overview | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A (acc) EUR-H1 - Without Sales Charge (NAV) (%) | EUR | 4.10 | 0.72 | 1.33 | 1.70 | 0.36 | 4.23 | -12.80 | — | — | -16.20 | 29/07/2016 | ||
| A (acc) HKD - Without Sales Charge (NAV) (%) | HKD | 6.11 | 0.78 | 1.22 | 3.01 | 2.55 | 10.33 | -3.97 | 3.28 | 13.11 | 16.39 | 30/04/2010 | ||
| A (acc) PLN-H1 - Without Sales Charge (NAV) (%) | PLN | 6.47 | 0.93 | 2.16 | 3.33 | 3.33 | 14.56 | — | — | — | 8.60 | 25/08/2022 | ||
| A (acc) USD - Without Sales Charge (NAV) (%) | USD | 5.90 | 0.98 | 2.08 | 2.91 | 2.45 | 11.33 | -4.31 | 2.91 | 13.00 | 13.00 | 30/09/2010 | ||
| A (Mdis-Plus) USD - Without Sales Charge (NAV) (%) | USD | 5.83 | 0.97 | 2.10 | 2.91 | 2.41 | — | — | — | — | 6.56 | 21/06/2024 | ||
| A (Mdis) AUD-H1 - Without Sales Charge (NAV) (%) | AUD | 5.50 | 0.84 | 1.86 | 2.62 | 1.93 | — | — | — | — | 6.98 | 28/02/2024 | ||
| A (Mdis) HKD - Without Sales Charge (NAV) (%) | HKD | 6.05 | 0.74 | 1.18 | 2.89 | 2.44 | 10.29 | -4.12 | 2.64 | 13.00 | 16.28 | 30/04/2010 | ||
| A (Mdis) JPY-H1 - Without Sales Charge (NAV) (%) | JPY | 2.43 | 0.67 | 0.95 | 0.72 | -2.31 | — | — | — | — | -0.15 | 28/02/2024 | ||
| A (Mdis) RMB-H1 - Without Sales Charge (NAV) (%) | CNH | 3.91 | 0.65 | 1.26 | 1.47 | -0.08 | — | — | — | — | 3.86 | 28/02/2024 | ||
| A (Mdis) USD - Without Sales Charge (NAV) (%) | USD | 5.81 | 0.90 | 2.03 | 2.95 | 2.38 | 11.26 | -4.32 | 2.80 | 13.04 | 176.66 | 28/02/1991 | ||
| AX (acc) USD - Without Sales Charge (NAV) (%) | USD | 5.70 | 0.91 | 1.97 | 2.84 | 2.17 | 10.66 | -5.27 | 0.82 | 9.78 | 55.90 | 03/12/2001 | ||
| C (acc) USD - Without Sales Charge (NAV) (%) | USD | 5.24 | 0.86 | 1.82 | 2.55 | 1.58 | 8.61 | -8.06 | -4.94 | 0.46 | 28.69 | 09/09/2002 | ||
| F (Mdis) USD - Without Sales Charge (NAV) (%) | USD | 4.97 | 0.88 | 1.73 | 2.37 | 1.38 | 7.90 | -9.05 | — | — | -7.93 | 03/10/2019 | ||
| N (acc) USD - Without Sales Charge (NAV) (%) | USD | 5.26 | 0.89 | 1.87 | 2.56 | 1.64 | 8.88 | -7.71 | -4.20 | 1.74 | 44.01 | 14/05/2001 | ||
| N (Mdis) USD - Without Sales Charge (NAV) (%) | USD | 5.17 | 0.78 | 1.79 | 2.55 | 1.58 | 8.78 | -7.74 | -4.25 | 1.63 | 60.40 | 01/07/1999 | ||
| W (acc) USD - Without Sales Charge (NAV) (%) | USD | 6.14 | 0.99 | 2.09 | 3.12 | 2.74 | 12.86 | -1.84 | 8.40 | 20.61 | 20.61 | 30/09/2010 | ||
| W (Mdis) USD - Without Sales Charge (NAV) (%) | USD | 6.18 | 0.99 | 2.23 | 3.16 | 2.79 | 12.89 | -1.74 | 8.48 | 20.66 | 195.30 | 28/02/1991 | ||
| Z (acc) USD - Without Sales Charge (NAV) (%) | USD | 6.13 | 0.99 | 2.16 | 3.10 | 2.76 | 12.34 | -2.69 | 6.14 | 18.42 | 22.92 | 26/02/2010 | ||
| Z (Mdis) USD - Without Sales Charge (NAV) (%) | USD | 6.19 | 0.99 | 2.23 | 3.16 | 2.79 | 12.36 | -2.87 | 6.01 | — | 18.16 | 08/12/2010 |
The fund’s returns may increase or decrease as a result of changes to foreign exchange rates.
The value of shares in the Fund and income received from it can go down as well as up, and investors may not get back the full amount invested. Performance details provided are in share class currency, include the reinvested dividends gross of basic rate tax and are net of management fees. Sales charges and other commissions, other taxes and relevant costs to be paid by an investor are not included in the calculations.
Effective April 1, 2016, class B shares are closed to new investment and additional investment from existing holders.
Selected share classes show performance information prior to the launch date of that share class. In these cases, performance has been simulated by taking the performance data of a donor share class which has higher annual charges. Please follow this link for a full list of hybrid performance share classes.
Average Annual Total Returns
Average Annual Total Returns
Past performance does not predict future returns.
Chart
Month End As of 30/09/2025 | Currency | 1 Year | 3 Years | 5 Years | 10 Years | 15 Years | Since Inception 21/06/2024 | |
|---|---|---|---|---|---|---|---|---|
| A (Mdis-Plus) HKD - Without Sales Charge (NAV) (%) | HKD | 2.49 | — | — | — | — | 4.77 | |
| Bloomberg US Government - Intermediate Index (%) | HKD | 3.68 | 4.04 | 0.44 | 1.59 | 1.68 | 5.50 |
Month End As of 30/09/2025 | Currency | 1 Year | 3 Years | 5 Years | 10 Years | 15 Years | Since Inception |
| Fund Overview | |
|---|---|---|---|---|---|---|---|---|---|---|
| A (acc) EUR-H1 - Without Sales Charge (NAV) (%) | EUR | 0.36 | 1.39 | -2.70 | — | — | -1.91 | 29/07/2016 | ||
| A (acc) HKD - Without Sales Charge (NAV) (%) | HKD | 2.55 | 3.33 | -0.81 | 0.32 | 0.82 | 0.99 | 30/04/2010 | ||
| A (acc) PLN-H1 - Without Sales Charge (NAV) (%) | PLN | 3.33 | 4.63 | — | — | — | 2.70 | 25/08/2022 | ||
| A (acc) USD - Without Sales Charge (NAV) (%) | USD | 2.45 | 3.64 | -0.88 | 0.29 | 0.82 | 0.82 | 30/09/2010 | ||
| A (Mdis-Plus) USD - Without Sales Charge (NAV) (%) | USD | 2.41 | — | — | — | — | 5.10 | 21/06/2024 | ||
| A (Mdis) AUD-H1 - Without Sales Charge (NAV) (%) | AUD | 1.93 | — | — | — | — | 4.34 | 28/02/2024 | ||
| A (Mdis) HKD - Without Sales Charge (NAV) (%) | HKD | 2.44 | 3.32 | -0.84 | 0.26 | 0.82 | 0.98 | 30/04/2010 | ||
| A (Mdis) JPY-H1 - Without Sales Charge (NAV) (%) | JPY | -2.31 | — | — | — | — | -0.09 | 28/02/2024 | ||
| A (Mdis) RMB-H1 - Without Sales Charge (NAV) (%) | CNH | -0.08 | — | — | — | — | 2.41 | 28/02/2024 | ||
| A (Mdis) USD - Without Sales Charge (NAV) (%) | USD | 2.38 | 3.62 | -0.88 | 0.28 | 0.82 | 2.99 | 28/02/1991 | ||
| AX (acc) USD - Without Sales Charge (NAV) (%) | USD | 2.17 | 3.43 | -1.08 | 0.08 | 0.62 | 1.88 | 03/12/2001 | ||
| C (acc) USD - Without Sales Charge (NAV) (%) | USD | 1.58 | 2.79 | -1.67 | -0.51 | 0.03 | 1.10 | 09/09/2002 | ||
| F (Mdis) USD - Without Sales Charge (NAV) (%) | USD | 1.38 | 2.57 | -1.88 | — | — | -1.37 | 03/10/2019 | ||
| N (acc) USD - Without Sales Charge (NAV) (%) | USD | 1.64 | 2.88 | -1.59 | -0.43 | 0.11 | 1.51 | 14/05/2001 | ||
| N (Mdis) USD - Without Sales Charge (NAV) (%) | USD | 1.58 | 2.84 | -1.60 | -0.43 | 0.11 | 1.82 | 01/07/1999 | ||
| W (acc) USD - Without Sales Charge (NAV) (%) | USD | 2.74 | 4.12 | -0.37 | 0.81 | 1.26 | 1.26 | 30/09/2010 | ||
| W (Mdis) USD - Without Sales Charge (NAV) (%) | USD | 2.79 | 4.12 | -0.35 | 0.82 | 1.26 | 3.18 | 28/02/1991 | ||
| Z (acc) USD - Without Sales Charge (NAV) (%) | USD | 2.76 | 3.95 | -0.54 | 0.60 | 1.13 | 1.33 | 26/02/2010 | ||
| Z (Mdis) USD - Without Sales Charge (NAV) (%) | USD | 2.79 | 3.96 | -0.58 | 0.59 | — | 1.13 | 08/12/2010 |
The fund’s returns may increase or decrease as a result of changes to foreign exchange rates.
The value of shares in the Fund and income received from it can go down as well as up, and investors may not get back the full amount invested. Performance details provided are in share class currency, include the reinvested dividends gross of basic rate tax and are net of management fees. Sales charges and other commissions, other taxes and relevant costs to be paid by an investor are not included in the calculations.
Effective April 1, 2016, class B shares are closed to new investment and additional investment from existing holders.
Selected share classes show performance information prior to the launch date of that share class. In these cases, performance has been simulated by taking the performance data of a donor share class which has higher annual charges. Please follow this link for a full list of hybrid performance share classes.
Calendar Year Returns
Calendar Year Returns
Past performance does not predict future returns.
Month End As of 30/09/2025 | Currency | YTD | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | Performance Inception Date | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A (Mdis-Plus) HKD - Without Sales Charge (NAV) (%) | HKD | 6.05 | — | — | — | — | — | — | — | — | — | — | 21/06/2024 | |
| Bloomberg US Government - Intermediate Index (%) | HKD | 5.45 | 1.91 | 4.35 | -7.62 | -1.16 | 5.22 | 4.70 | 1.58 | 1.97 | 1.09 | 1.12 | — |
Month End As of 30/09/2025 | Currency | YTD | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | Performance Inception Date | Fund Overview | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A (acc) EUR-H1 - Without Sales Charge (NAV) (%) | EUR | 4.10 | -1.71 | 1.24 | -12.82 | -3.54 | 1.48 | 1.94 | -2.92 | -2.15 | — | — | 29/07/2016 | ||
| A (acc) HKD - Without Sales Charge (NAV) (%) | HKD | 6.11 | -0.55 | 3.57 | -10.50 | -2.14 | 2.27 | 4.48 | 0.00 | 0.89 | 0.36 | 0.00 | 30/04/2010 | ||
| A (acc) PLN-H1 - Without Sales Charge (NAV) (%) | PLN | 6.47 | 0.39 | 4.85 | — | — | — | — | — | — | — | — | 25/08/2022 | ||
| A (acc) USD - Without Sales Charge (NAV) (%) | USD | 5.90 | 0.00 | 3.49 | -10.50 | -2.70 | 2.78 | 4.92 | -0.18 | 0.09 | 0.27 | 0.18 | 30/09/2010 | ||
| A (Mdis-Plus) USD - Without Sales Charge (NAV) (%) | USD | 5.83 | — | — | — | — | — | — | — | — | — | — | 21/06/2024 | ||
| A (Mdis) AUD-H1 - Without Sales Charge (NAV) (%) | AUD | 5.50 | — | — | — | — | — | — | — | — | — | — | 28/02/2024 | ||
| A (Mdis) HKD - Without Sales Charge (NAV) (%) | HKD | 6.05 | -0.53 | 3.47 | -10.44 | -2.23 | 2.14 | 4.16 | 0.03 | 0.92 | 0.22 | 0.26 | 30/04/2010 | ||
| A (Mdis) JPY-H1 - Without Sales Charge (NAV) (%) | JPY | 2.43 | — | — | — | — | — | — | — | — | — | — | 28/02/2024 | ||
| A (Mdis) RMB-H1 - Without Sales Charge (NAV) (%) | CNH | 3.91 | — | — | — | — | — | — | — | — | — | — | 28/02/2024 | ||
| A (Mdis) USD - Without Sales Charge (NAV) (%) | USD | 5.81 | 0.06 | 3.58 | -10.58 | -2.72 | 2.81 | 4.92 | -0.27 | 0.20 | 0.22 | 0.25 | 28/02/1991 | ||
| AX (acc) USD - Without Sales Charge (NAV) (%) | USD | 5.70 | -0.20 | 3.29 | -10.73 | -2.84 | 2.56 | 4.76 | -0.45 | 0.00 | 0.01 | 0.00 | 03/12/2001 | ||
| C (acc) USD - Without Sales Charge (NAV) (%) | USD | 5.24 | -0.89 | 2.75 | -11.30 | -3.42 | 1.96 | 4.17 | -0.97 | -0.67 | -0.52 | -0.59 | 09/09/2002 | ||
| F (Mdis) USD - Without Sales Charge (NAV) (%) | USD | 4.97 | -1.10 | 2.59 | -11.46 | -3.58 | 1.71 | — | — | — | — | — | 03/10/2019 | ||
| N (acc) USD - Without Sales Charge (NAV) (%) | USD | 5.26 | -0.76 | 2.84 | -11.20 | -3.38 | 2.08 | 4.17 | -0.85 | -0.57 | -0.49 | -0.49 | 14/05/2001 | ||
| N (Mdis) USD - Without Sales Charge (NAV) (%) | USD | 5.17 | -0.69 | 2.80 | -11.18 | -3.34 | 2.03 | 4.22 | -1.00 | -0.46 | -0.57 | -0.45 | 01/07/1999 | ||
| W (acc) USD - Without Sales Charge (NAV) (%) | USD | 6.14 | 0.38 | 4.15 | -10.04 | -2.09 | 3.33 | 5.60 | 0.28 | 0.77 | 0.68 | 0.68 | 30/09/2010 | ||
| W (Mdis) USD - Without Sales Charge (NAV) (%) | USD | 6.18 | 0.49 | 4.06 | -9.97 | -2.13 | 3.34 | 5.53 | 0.38 | 0.59 | 0.81 | 0.63 | 28/02/1991 | ||
| Z (acc) USD - Without Sales Charge (NAV) (%) | USD | 6.13 | 0.26 | 3.87 | -10.10 | -2.44 | 3.09 | 5.22 | 0.09 | 0.52 | 0.43 | 0.52 | 26/02/2010 | ||
| Z (Mdis) USD - Without Sales Charge (NAV) (%) | USD | 6.19 | 0.24 | 3.93 | -10.39 | -2.33 | 3.10 | 5.35 | 0.02 | 0.45 | 0.47 | 0.50 | 08/12/2010 |
The fund’s returns may increase or decrease as a result of changes to foreign exchange rates.
The value of shares in the Fund and income received from it can go down as well as up, and investors may not get back the full amount invested. Performance details provided are in share class currency, include the reinvested dividends gross of basic rate tax and are net of management fees. Sales charges and other commissions, other taxes and relevant costs to be paid by an investor are not included in the calculations.
Effective April 1, 2016, class B shares are closed to new investment and additional investment from existing holders.
Selected share classes show performance information prior to the launch date of that share class. In these cases, performance has been simulated by taking the performance data of a donor share class which has higher annual charges. Please follow this link for a full list of hybrid performance share classes.
Risk Measures
Risk Measures
| Statistics | 1 Year | 3 Years | 5 Years |
|---|---|---|---|
| Historical Tracking Error | 2.55 | — | — |
| Information Ratio | -0.44 | — | — |
| Standard Deviation (%) | 1 Year | 3 Years | 5 Years |
|---|---|---|---|
| A (Mdis-Plus) HKD - Without Sales Charge (NAV) | 4.78 | — | — |
| Bloomberg US Government - Intermediate Index | 2.64 | — | — |
| Sharpe Ratio (%) | 1 Year | 3 Years | 5 Years |
|---|---|---|---|
| A (Mdis-Plus) HKD - Without Sales Charge (NAV) | -0.07 | — | — |
The fund’s returns may increase or decrease as a result of changes to foreign exchange rates.
The value of shares in the Fund and income received from it can go down as well as up, and investors may not get back the full amount invested. Performance details provided are in share class currency, include the reinvested dividends gross of basic rate tax and are net of management fees. Sales charges and other commissions, other taxes and relevant costs to be paid by an investor are not included in the calculations.
Selected share classes show performance information prior to the launch date of that share class. In these cases, performance has been simulated by taking the performance data of a donor share class which has higher annual charges. Please follow this link for a full list of hybrid performance share classes.
Portfolio
Assets
Positions
| Fund | Benchmark | |
|---|---|---|
| Number of Holdings | 574 | 481 |
Portfolio Statistics
| Fund | Benchmark | |
|---|---|---|
| Average Weighted Maturity | 6.35 Yrs | 3.93 Yrs |
| Yield to Maturity | 4.72% | 3.74% |
| Average Credit Quality | AA+ | AA+ |
| Effective Duration | 5.71 Yrs | 3.53 Yrs |
Portfolio Allocations
- Assets
- Geography
- Sector
- Currency
Assets
Asset Allocation
Chart
| Fund | ||
|---|---|---|
| Fixed Income | 94.90% | |
| Cash & Cash Equivalents | 5.10% |
Any negative cash position reflects a temporary position that is a result of a delay in securities settlement transactions.
Geography
Geographic Exposure
Chart
| Fund | Benchmark | ||
|---|---|---|---|
| 101.12% | 100.00% | ||
| 5.10% | — |
Any negative cash position reflects a temporary position that is a result of a delay in securities settlement transactions.
Sector
Sector Exposure
Chart
| Fund | Benchmark | ||
|---|---|---|---|
| Mortgage-Backed Securities | 94.86% | — | |
| U.S. Treasuries | 6.26% | 98.47% | |
| Cash & Cash Equivalents | 5.10% | — |
Any negative cash position reflects a temporary position that is a result of a delay in securities settlement transactions.
Currency
Currency Allocation
Chart
| Fund | Benchmark | ||
|---|---|---|---|
| 100.00% | 100.00% |
Portfolio Holdings
- Holdings
- Top Ten Holdings
Holdings
Holdings
These securities do not represent all of the securities purchased, sold or recommended for clients, and the reader should not assume that investment in the securities listed was or will be profitable.
Top Ten Holdings
Top Securities
Chart
| Fund | ||
|---|---|---|
| GNMA II, SF, 3.50%, 9/20/47 | 5.52% | |
| GNMA, 2.5%, 08/20/2051 | 4.20% | |
| GNMA II, SF, 2.5% | 3.61% | |
| GNMA, 2%, 08/20/2051 | 3.23% | |
| GNMA, 6.0%, 02/20/2055 | 3.03% | |
| GNMA, 2.5%, 10/20/2051 | 3.01% | |
| GNMA, 2.50%, 03/20/2052 | 2.69% | |
| GNMA II, SF, 2.00%, 1/20/51 | 2.43% | |
| GNMA, 2.5%, 07/20/2051 | 2.31% | |
| GNMA, 4.50%, 11/20/2054 | 2.25% |
These securities do not represent all of the securities purchased, sold or recommended for clients, and the reader should not assume that investment in the securities listed was or will be profitable.
Distributions & Tax
Distributions Per Share
| Share Class | Currency | Record Date | Ex-Distribution Date | Payable Date | NAV | Distribution Amount |
|---|---|---|---|---|---|---|
| A (Mdis-Plus) HKD | HKD | 30/09/2025 | 01/10/2025 | 08/10/2025 | $9.92 | $0.0460 |
- 2025
- 2024
- Since Inception
| Currency | Record Date | Ex-Distribution Date | Payable Date | NAV | Distribution Amount |
|---|---|---|---|---|---|
| HKD | 30/09/2025 | 01/10/2025 | 08/10/2025 | $9.92 | $0.0460 |
| HKD | 29/08/2025 | 02/09/2025 | 09/09/2025 | $9.85 | $0.0450 |
| HKD | 31/07/2025 | 01/08/2025 | 08/08/2025 | $9.91 | $0.0450 |
| HKD | 07/07/2025 | 08/07/2025 | 15/07/2025 | $9.84 | $0.0460 |
| HKD | 06/06/2025 | 09/06/2025 | 16/06/2025 | $9.77 | $0.0450 |
| HKD | 07/05/2025 | 08/05/2025 | 15/05/2025 | $9.76 | $0.0450 |
| HKD | 07/04/2025 | 08/04/2025 | 15/04/2025 | $9.78 | $0.0460 |
| HKD | 07/03/2025 | 10/03/2025 | 17/03/2025 | $9.90 | $0.0460 |
| HKD | 07/02/2025 | 10/02/2025 | 18/02/2025 | $9.80 | $0.0450 |
| HKD | 08/01/2025 | 10/01/2025 | 16/01/2025 | $9.63 | $0.0450 |
| HKD | 06/12/2024 | 09/12/2024 | 16/12/2024 | $9.98 | $0.0460 |
| HKD | 07/11/2024 | 08/11/2024 | 15/11/2024 | $9.93 | $0.0450 |
| HKD | 07/10/2024 | 08/10/2024 | 15/10/2024 | $10.10 | $0.0470 |
| HKD | 06/09/2024 | 09/09/2024 | 16/09/2024 | $10.31 | $0.0470 |
| HKD | 07/08/2024 | 08/08/2024 | 15/08/2024 | $10.14 | $0.0470 |
Pricing
Pricing History Chart
- 1 Month
- 3 Months
- 6 Months
- YTD
- 1 Year
- Since Inception
November 2025
| SuSunday | MoMonday | TuTuesday | WeWednesday | ThThursday | FrFriday | SaSaturday |
|---|---|---|---|---|---|---|
November 2025
| SuSunday | MoMonday | TuTuesday | WeWednesday | ThThursday | FrFriday | SaSaturday |
|---|---|---|---|---|---|---|
Chart
Past performance does not predict future returns. The value of shares in the Fund and income received from it can go down as well as up, and investors may not get back the full amount invested. Historical pricing details provided are in share class currency, calculated NAV, taking into account of reinvestments and capital gain or loss. Sales charges and other commissions, other taxes and relevant costs to be paid by an investor are not included in the calculations.
Highest / Lowest NAV
| Year | 2025 | 2024 |
|---|---|---|
| Highest NAV | $10.03 As on 28/10/2025 | $10.36 As on 16/09/2024 |
| Lowest NAV | $9.61 As on 13/01/2025 | $9.74 As on 24/12/2024 |
Historical Data - Daily Fund Prices
- 1 Month
- 3 Months
- 6 Months
- YTD
- 1 Year
- 3 Years
- 5 Years
- Since Inception
November 2025
| SuSunday | MoMonday | TuTuesday | WeWednesday | ThThursday | FrFriday | SaSaturday |
|---|---|---|---|---|---|---|
November 2025
| SuSunday | MoMonday | TuTuesday | WeWednesday | ThThursday | FrFriday | SaSaturday |
|---|---|---|---|---|---|---|
Historical Pricing Results From 30/09/2025 To 31/10/2025
| Date | NAV | NAV Change | NAV Change (%) |
|---|---|---|---|
| 31/10/2025 | $9.95 | $-0.01 | -0.10% |
| 30/10/2025 | $9.96 | $-0.01 | -0.10% |
| 29/10/2025 | $9.97 | $-0.06 | -0.60% |
| 28/10/2025 | $10.03 | $0.02 | 0.20% |
| 27/10/2025 | $10.01 | $0.00 | 0.00% |
| 24/10/2025 | $10.01 | $0.01 | 0.10% |
| 23/10/2025 | $10.00 | $-0.02 | -0.20% |
| 22/10/2025 | $10.02 | $0.00 | 0.00% |
| 21/10/2025 | $10.02 | $0.02 | 0.20% |
| 20/10/2025 | $10.00 | $0.01 | 0.10% |
| 17/10/2025 | $9.99 | $-0.01 | -0.10% |
| 16/10/2025 | $10.00 | $0.03 | 0.30% |
| 15/10/2025 | $9.97 | $0.00 | 0.00% |
| 14/10/2025 | $9.97 | $0.00 | 0.00% |
| 13/10/2025 | $9.97 | $0.01 | 0.10% |
| 10/10/2025 | $9.96 | $0.04 | 0.40% |
| 09/10/2025 | $9.92 | $-0.01 | -0.10% |
| 08/10/2025 | $9.93 | $0.01 | 0.10% |
| 07/10/2025 | $9.92 | $0.01 | 0.10% |
| 06/10/2025 | $9.91 | $-0.02 | -0.20% |
| 03/10/2025 | $9.93 | $-0.01 | -0.10% |
| 02/10/2025 | $9.94 | $0.02 | 0.20% |
| 01/10/2025 | $9.92 | $-0.03 | -0.30% |
| 30/09/2025 | $9.95 | $-0.01 | -0.10% |
Documents
Product Literature
Fact Sheet - Franklin U.S. Government Fund (A (Mdis-Plus) HKD)
Performance Report - Performance Summary in Share Class Currency
Sales Tools - Applicable non-Valuation Days Calendar for 2025
Regulatory Documents
Prospectus - Franklin Templeton Investment Funds (FTIF)
Prospectus - Franklin Templeton Investment Funds (FTIF) (Arabic)
Annual Report (Abridged) - Franklin Templeton Investment Funds (FTIF)
Annual Report (full) - Franklin Templeton Investment Funds (FTIF)
Semi Annual Report (full) - Franklin Templeton Investment Funds (FTIF)
Semi-Annual Report (abridged) - Franklin Templeton Investment Funds (FTIF)
Articles of Incorporation - Franklin Templeton Investment Funds (FTIF)
Important Information
This fund meets the requirements under Article 6 of the EU Sustainable Finance Disclosure Regulation (SFDR); the fund does not promote environmental and/or social characteristics or have a sustainable investment objective under EU regulations.
This material is intended to be of general interest only and should not be construed as investment advice. It does not constitute legal or tax advice and it is not an offer for shares or an invitation to apply for shares of the Luxembourg-domiciled SICAV Franklin Templeton Investment Funds (the "Fund” or “FTIF"). For the avoidance of doubt, if you make a decision to invest, you will be buying units/shares in the fund and will not be investing directly in the underlying assets of the fund.
Franklin Templeton (“FT”) provides no guarantee or assurance that the Fund’s investment objective will be attained. The value of shares in the Fund and income received from it can go down as well as up, and investors may not get back the full amount invested. Past performance does not predict future returns. Currency fluctuations may cause the value of a Fund’s investments to diminish or increase.
FT shall not be liable to any user of this document or to any other person or entity for the inaccuracy of information or any errors or omissions in its contents, regardless of the cause of such inaccuracy, error or omission. Any opinions expressed are the author's at publication date and they are subject to change without prior notice. Any research and analysis contained in this material has been procured by FT for its own purposes and is provided to you only incidentally. Data from third party sources may have been used in the preparation of this document and FT has not independently verified, validated or audited such data.
No shares of the Fund may be directly or indirectly offered or sold to residents of the United States of America. Shares of the Fund are not available for public distribution in all jurisdictions and prospective investors, who are not financial professionals, should consult their financial advisor before deciding to invest. The Fund may use financial derivatives or other instruments which may entail specific risks more fully described in the Fund's Documents.
Subscriptions to shares of the Fund should only be made on the basis of the Fund’s current Prospectus, and, where available, the relevant KID, accompanied by the latest available audited annual report and the latest semi-annual report if published thereafter. These documents can be found on our website at www.franklinresources.com/all-sites, obtained, free of charge, from your local FT representative or can be requested via FT's European Facilities Service which is available at www.eifs.lu/franklintempleton. The Fund's documents are available in English, Arabic, French, German, Italian, Polish and Spanish.
In addition, a Summary of Investor Rights is available from www.franklintempleton.lu/summary-of-investor-rights. The summary is available in English.
The sub-funds of FTIF are notified for marketing in multiple EU Member States under the UCITS Directive. FTIF can terminate such notifications for any share class and/or sub-fund at any time by using the process contained in Article 93a of the UCITS Directive.
Franklin Templeton International Services S.à r.l. – Supervised by the Commission de Surveillance du Secteur Financier - 8A, rue Albert Borschette, L-1246 Luxembourg - Tel: +352 46 66 67-1 - Fax: +352 342080 9861.
CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
Indices are unmanaged, and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.
Important data provider notices and terms available at www.franklintempletondatasources.com.
Source: Bloomberg Indices.
Issued in the Middle East by Franklin Templeton Investments (ME) Limited, authorized and regulated by the Dubai Financial Services Authority. Dubai office: Franklin Templeton Investments, The Gate, East Wing, Level 2, Dubai International Financial Centre, P.O. Box 506613, Dubai, U.A.E., Tel.: +9714-4284100 Fax: +9714-4284140.
Footnotes
The above listed Funds prices are unconfirmed unless stated otherwise and for information only, as they have not yet been verified by the Administrative Agent of the relevant Funds. Neither the Fund itself nor Franklin Templeton accepts responsibility for any reliance placed on the prices indicated and the information included in this data file. Purchase, exchange and redemptions of Shares can only be made on the basis of confirmed prices. Confirmed prices may be obtained after 12pm noon from Franklin Templeton.
The Distribution Yield is based on the most recent month’s distribution and shown as an annualized percentage as of the date shown. It does not include any preliminary charge and investors may be subject to tax on distributions. Information is historical and may not reflect current or future distributions.
The Ongoing Charges Figure (OCF) includes the fees paid to the management company, the investment manager and the depository, as well as certain other expenses. The OCF is calculated by taking the relevant main material costs paid out over the 12-month period indicated and dividing them by the average net assets over the same period. The OCF does not include all expenses paid by the fund (for example, it does not include what the fund pays for buying and selling securities). For a comprehensive list of the types of costs deducted from fund assets, see the prospectus. For recent all-in annual costs, as well as hypothetical performance scenarios that show the effects that different levels of return could have on an investment in the fund, see the KID.
The charges are the fees the fund charges to investors to cover the costs of running the Fund. Additional costs, including transaction fees, will also be incurred. These costs are paid out by the Fund, which will impact on the overall return of the Fund.
Fund charges will be incurred in multiple currencies, meaning that payments may increase or decrease as a result of currency exchange fluctuations.
All charges will be paid out by the Fund, which will impact on the overall return of the Fund.The average credit quality (ACQ) rating may change over time. The portfolio itself has not been rated by an independent rating agency. The letter rating, which may be based on bond ratings from different agencies (or internal ratings for unrated bonds, cash and equivalents), is provided to indicate the average credit rating of the portfolio's underlying investments and generally ranges from AAA (highest) to D (lowest). For unrated bonds, cash and equivalents, ratings may be assigned based on the ratings of the issuer, the ratings of the underlying holdings of a pooled investment vehicle, or other relevant factors. The ACQ is determined by assigning a sequential integer to all credit ratings AAA to D, taking a simple, asset-weighted average of investments by market value and rounding to the nearest rating. The risk of default increases as a bond's rating decreases, so the ACQ provided is not a statistical measurement of the portfolio’s default risk because a simple, weighted average does not measure the increasing level of risk from lower-rated bonds. The ACQ may be lower if cash and equivalents are excluded from the calculation. The ACQ is provided for informational purposes only.