A 5-year plan for
Regular income

Franklin Global Target Euro Income 2025 Fund

A sub-fund of Franklin Templeton Opportunities Funds, a
Luxembourg registered SICAV (FTOF).

Limited subscription period
ends on 24 July 2020

New Fixed Maturity Fund with Enhanced Income Potential

Franklin Global Target Euro Income 2025 Fund

Seeking income in a low rate environment continues to be a challenge for investors. Fixed maturity investments may appeal for investors that seek regular income over a fixed investment horizon and are looking for bonds with a pre-determined yield at the time of investments.

The Franklin Global Target Euro Income 2025 Fund intends to offer:

Regular Income

The Fund intends to offer regular income over a 5-year period

Up to 100% High Yield Bonds1

The Fund invests primarily in high yield corporate bonds worldwide without country and sector limitations

100% in Euro

No currency risk for Euro investors by investing in Euro-dominated bonds.

1. High yield bonds are low-rated, non-investment grade bonds that have a higher risk of default but typically pay higher yields than better quality bonds.

How the Fund’s Distribution WorksThe above description applies to distribution share classes

1. Invest capital

Invest capital until the end of the subscription period on 24 July 2020 for a fixed investment period of 5 years.


2. Regular income stream over 5 year

The Fund intends to offer yearly average distributions of up to 2.5%1 over a 5-year period normally made in July. Dividend distributions cannot be guaranteed.2

1. The distribution is based on the lowest potential yield of the portfolio without any of the bond issuers actually defaulting (Yield to Worst) at the end of the subscription period under normal market conditions (after fees and buffer have been deducted). 2. Any distribution of the Fund lowers the value of the shares in the Fund by the amount of the distribution.

3. Seeks to preserve capital

While the Fund seeks to preserve capital, the portfolio value at the end of the principal investment period
(24 July 2025) may be lower than the initial investment due to the Fund’s distribution policy, costs, adverse market conditions or issuer defaults of portfolio securities.


4. Portfolio value will fluctuate

The portfolio value will fluctuate during the term of the Fund depending on prevailing market conditions. There is no guarantee that the Fund will achieve its return objective, nor that it will remain within the aimed yearly average distribution target. A default of a bond issuer could have a material loss impact on capital invested.


5. Retain yearly buffer

The Fund aims to retain yearly buffers of up to 0.4% which are accumulated and paid out at the end of the principal investment period, unless needed to maintain stability of the yearly average distributions.


Fund Details

Type Fixed Income Fund
Subscription Period ends on 24 July 2020
Inception Date 17 February 2020
Maturity Date 24 July 2025
Share Class E1 (Ydis) EURE1 (Ydis) EUR
ISIN LU2104293878LU2104293951
Entry Charge 1,5%
Exit Fee before Maturity 1% of applicable net asset value
Ongoing Charges p.a. 0.65%
Minimum Investment EUR 1.000
Use of Income Distributing
Currency EUR
Type Fixed Income Fund
Subscription Period ends on 24 July 2020
Inception Date 17 February 2020
Maturity Date 24 July 2025
Share Class WE (acc) EURWE (Ydis) EUR
ISIN LU2104294090LU2104294173
Entry Charge 0%
Exit Fee before Maturity 1% of applicable net asset value
Ongoing Charges p.a. 0.35%
Minimum Investment EUR 500.000
Use of Income Distributing
Currency EUR

Fund Downloads

KIID – E1 (acc) EUR* *Key Investor Information Document
KIID – E1 (Ydis) EUR* *Key Investor Information Document
KIID – WE (acc) EUR* *Key Investor Information Document
KIID – WE (Ydis) EUR* *Key Investor Information Document

What are the Key Risks

The Fund invests principally in higher yielding euro-denominated debt securities issued by corporations globally, including those located in emerging markets. Such investments have historically been subject to price movements, generally due to changes in the creditworthiness of corporate issuers, interest rates or movements in the bond market. As a result, the performance of the Fund can fluctuate moderately over time and may also result in capital loss.

Other significant risks include: counterparty risk, emerging markets risk and liquidity risk.

In particular, the Fund is exposed to credit risks, the risk of loss arising from default that may occur if an issuer fails to make principal and interest payments when due. This risk is higher if the Fund holds low-rated, non-investment-grade securities.

Default rates may change over the 5-year period of the Fund. A default of a bond issuer could have a material loss impact on capital invested.

The subscription period ends on 24 July 2020. Please get in touch with your financial advisor to learn more about this Fund.