Franklin Global Aggregate Bond Fund

Investment Objective and Strategy

This fund seeks to maximize total investment return, consisting of a combination of interest income and capital appreciation by investing primarily in investment grade fixed or floating-rate debt securities issued by governments, government related entities (including supranational organizations supported by several national governments) and corporations worldwide.

Franklin Global Aggregate Bond Fund invests substantially all of its assets in securities of FLGA.

Provides access to investments in government bonds, sovereign bonds and corporate bonds.

Diversified exposure to investment grade bonds globally with a Canadian-dollar currency hedge.

Used as a core fixed income allocation.