Franklin Templeton launches new fixed income offering to support social change

Support positive social outcomes

Franklin Templeton has launched the Franklin European Social Leaders Bond fund, which aims to deliver positive social outcomes by promoting social equality.

The new offering is targeting a total return of income and capital growth by investing predominantly in a portfolio of social bonds, largely made up of Euro-denominated investment grade bonds worldwide. It will support positive social outcomes in that proceeds will exclusively be applied to finance eligible social projects directly mitigating a social issue for a target population.  This may include those living below the poverty line, people with disabilities, displaced persons, among others, and targets a wide range of social projects like affordable housing, employment generation, ...