Franklin Templeton unveils pair of UK fixed income funds

Corporate Bond and Gilt funds

Franklin Templeton Investments has launched two fixed income funds to be co-managed by head of European fixed income David Zahn and manager Roderick MacPhee.

The Franklin UK Corporate Bond and Franklin UK Gilt funds are both sub-funds of the firm's OEIC range and will have respective annual management charges of 0.35% and 0.25%. The Corporate Bond fund will invest primarily in investment grade fixed or floating-rate debt securities of UK companies, with a mandate to generate returns from a combination of interest income and capital appreciation. The UK Gilt fund will primarity invest in investment grade gilts and securities issued by the UK government and will seek to achieve capital preservation and a level of overall total return which r...