THE POWER OF PLUS

You need a steady hand to successfully manage a bond fund in a world of scarce yields and uncertain interest rates. Franklin Bissett offers a wealth of bond investment expertise built on more than 30 years as a fixed income manager. Supported by the collective knowhow around 150 Franklin Templeton fixed income specialists around the world, Franklin Bissett Core Plus Bond Fund managers skillfully combine Canadian core bonds with non-core fixed income opportunities, to seek superior risk-adjusted returns and a consistent income stream.

Also available as an ETF

FLCP

Long-Term Investing Success1

Franklin Bissett Core Plus Bond Fund – Series F
Growth of $10,000 as of March 31, 2021, since inception on August 1, 1986.

A Solid Foundation, Plus Added Sources of Value

A Well Diversified Portfolio

Flexible diversification across bond types, corporate sectors, credit quality ratings, maturities, currencies and countries

Generous Payouts

Distribution rate substantially higher than the peer group average over the last 7 years3

Superior Risk-Adjusted Returns

With better returns and less risk than major fixed income benchmarks, the fund can help diversify your portfolio

A Well Diversified Portfolio2

As of March 31, 2021

Bond Types (% TOTAL MARKET VALUE)
Canadian Investment-Grade Corporate Bonds 41.01
Provincial Bonds 21.96
Federal Bonds 12.65
Foreign Investment-Grade Corporate Bonds 11.92
High Yield Corporate Bonds 6.84
Bank Loans 4.09
Municipal Bonds 1.59
Other -0.06
Yield to Worst (%) 2.54
Duration (Years) 7.48
Average Coupon (%) 3.74
CORPORATE SECTOR (% CORP. BONDS MARKET VALUE)
Financial 28.40
Energy 24.20
Infrastructure  12.17
Communication 11.18
Industrial
10.75
Bank Loans 6.41
Real Estate 6.18
Securitization 0.71
Credit Rating (% TOTAL MARKET VALUE)
AAA 13.69
AA 21.74
A 25.14
BBB 29.23
BB 6.01
B 3.37
CCC 0.43
D 0.13
NR 0.25
Average (ex cash) A
Maturity (% TOTAL MARKET VALUE)
Floating-Rate Notes 4.34
< 5 Years 32.81
5-10 Years 26.49
10+ Years 36.37
Country (% TOTAL MARKET VALUE)
Canada 76.74
United States 21.90
Australia 0.77
United Kingdom 0.55
Other 0.05

Payouts Consistently Higher than the Peer Group3

12-Month Trailing Distribution Rate as of December 31, 2020 (%)

Competitive Returns4

Annualized Returns (%) as of March 31, 2021

  • Franklin Bissett Core Plus Bond Fund – Series F
  • Morningstar Canadian Fixed Income Category

Key Resources

MANAGER INSIGHTS

Related Links