Franklin Templeton launches Global Allocation fund

Franklin Templeton Investments has launched a global multi-asset product which makes use of the group's multi-manager capabilities and has the option to hedge markets on the downside.

The Franklin Templeton Global Allocation fund, launched on 29 July, invests in the products in the group's multi-asset arm, Franklin Templeton Multi-Asset Strategies (FTMAS), to ensure global diversification across equities, bonds and currencies.

This is supplemented by a systematic, tactical investment strategy which permits the use of structured products, cash and derivatives to apply the managers' asset allocation views and protect capital in times of volatility. 

Brent Smith and Samer Habl, CIO and director of portfolio strategy respectively at FTMAS, run the fund and are supported by the broader FTMAS team of over 20 investment professionals.

Smith said: "With increasingly complex global markets posing new challenges daily, it is our view a systematic approach to monitoring and adjusting portfolio allocations across asset classes with a forward-looking view on market and economic conditions is no longer an option, it is a necessity."

The fund is domiciled in Luxembourg and has a sterling share class. The minimum investment is £3,000.