Net Asset Value
$11.43
NAV Change
$-0.02
Overall Morningstar Rating
Morningstar Category™: Global Fixed Income Balanced
The fund's overall Morningstar Rating measures risk-adjusted returns and is derived from a weighted average of the performance figures associated with its 3-, 5- and 10-year (if applicable) rating metrics.
Morningstar Style Box
Source: Morningstar®. The style box reveals a fund's investment style. The vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend, or growth). Placement is determined by fund portfolio holding figures most recently entered into Morningstar's database and corresponding market conditions. Shaded areas show the past 3 years of quarterly data. Past performance does not guarantee future results.
Historical Morningstar Ratings
| Years | 3 |
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| Number of Funds In Category |
| Years | 5 |
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| Years | 10 |
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| Number of Funds In Category |
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©2024 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
Overview
- Fund description
- Reasons to invest
Fund description
High current income and some long-term capital appreciation by investing primarily in a diversified mix of income and bond mutual funds.
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Reasons to invest
- Consistently Managed For Income
The target allocation of 80% fixed income and 20% equity provides a conservative risk/return profile designed for income. Active adjustments to allocations aim to capitalize on short-term opportunities and manage risk in shifting market and interest rate environments. Our investment management approach promotes investment longevity allowing investors to receive cash flow each month through the Series T option† or a Systematic Withdrawal Plan without significantly eroding the initial investment.
- Carefully constructed for Less Risk
Our portfolios are built with an eye on risk. Investing across government, corporate and high yield bonds, as well as dividend paying stocks from around the world may help reduce portfolio risk.
Portfolio Managers
Performance
- Annualised Performance
- Calendar Year Performance
- Cumulative Performance
- Risk Measures
Annualised Performance
Calendar Year Performance
Cumulative Performance
Risk Measures
Portfolio
Portfolio Allocations
- Assets
- Geography
- Sector
Assets
Geography
Sector
Portfolio Holdings
- Holdings
- Top Ten Holdings
Holdings
Top Ten Holdings
Distribution
Pricing
Documents
Fund Literature
Factsheet - Franklin Quotential Diversified Income Portfolio - Series OT-CAD
Monthly Review and Strategy - Franklin Quotential Portfolios
Product Commentary - Franklin Quotential Diversified Income Portfolio
Portfolio Holdings - Franklin Quotential Diversified Income Portfolio
Flyer - Franklin Quotential At a Glance
Flyer - Franklin Quotential Diversified Income Portfolio
Investment Brochure - Franklin Quotential Growth Portfolio
Regulatory Documents
Prospectus (simplified) - Franklin Templeton Funds
Quarterly Product Disclosure
Semiannual Management Report of Fund Performance - Franklin Quotential Diversified Income Portfolio
Point of Sale Fund Facts – Franklin Quotential Diversified Income Portfolio Series OT
Important Legal Information
Performance data represents past performance, which does not guarantee future results. Current performance may differ from figures shown. Investment return and principal value will fluctuate with market conditions, and you may have a gain or loss when you sell your units.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus or fund facts document before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
Mutual fund securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer. There can be no assurances that the fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the fund will be returned to you.
Distributions are not guaranteed and the proportion of income and return of capital will fluctuate depending on fund returns. Unlike fixed-income securities, there is no obligation to distribute any fixed amount, and reductions in, or suspensions of, distributions may occur that would reduce yield. Distributions are not an indication of performance, rate of return, or yield. Mutual fund distributions are not guaranteed and are set and may change at the discretion of Franklin Templeton Investments Canada.
Series F is available to investors participating in programs that do not require Franklin Templeton to incur distribution costs in the form of trailing commissions to dealers. As a consequence, the management fee on Series F is lower than on Series A. The gross of fees version of Series F does not exist and as a result, investors cannot purchase Series F securities on a gross of fees basis. Performance would have been lower with fees taken into account.
Series O investors do not pay any of the management fees within the fund but instead pay a separate management and administration fee that they negotiate directly with Franklin Templeton Canada. To qualify to purchase or hold Series O units an investor must meet minimum investment requirements as set out in the fund's current prospectus. For more details on the management and administration fee, please read the prospectus. Performance is presented in Canadian dollars and is gross of fees (before management and custodial fees) of Series O units of the Fund. Taking into account such fees would result in lower rates of return.
Indexes are unmanaged, and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.
Investors can obtain any fund document by contacting a financial advisor or downloading it from the list of fund documents above.
Custom Franklin Quotential Diversified Income Benchmark is a blended index composed of the S&P/TSX Composite Total Return Index (5%), FTSE Canada Universe Bond Index (55%), Bloomberg Multiverse TR Index (100% Hedged into CAD) (25%) and MSCI All Country World Index-NR (15%). The benchmark was changed to reflect a reduction in the home bias of the Fund. Benchmarks are rebalanced monthly and returns are in Canadian dollars.
Effective January 1, 2020, the global equity component of the benchmark - the MSCI AC World Index - has been retrospectively changed from gross returns to net of returns, to better represent the experience of Canadian investors. Net Returns (NR) include income net of maximum foreign withholding tax when dividends are paid.
For the period January 1, 2019, to December 31, 2019, the blended index was composed of the S&P/TSX Composite TR Index (7%), FTSE Canada Universe Bond Index (55%), Bloomberg Barclays Multiverse Bond Index (hedged, 25%) and MSCI AC World TR Index (NR) (13%).
For the period December 31, 2016, to December 31, 2018, the blended index was composed of the S&P/TSX Composite TR Index (10%), FTSE Canada Universe Bond Index (55%), Bloomberg Barclays Multiverse Bond Index (hedged, 25%) and MSCI AC World TR Index (NR) (10%).
For the period December 31, 2011, to December 31, 2016, the blended index was composed of the S&P/TSX Composite TR Index (15%), FTSE Canada Universe Bond Index (55%), Bloomberg Barclays Multiverse Bond Index (hedged, 25%) and MSCI AC World TR Index (NR) (5%).
For the period January 1, 2009, to December 31, 2011, the blended index was composed of the S&P/TSX Composite TR Index (20%) and DEX Universe Bond Index (80%).
For the period February 17, 2003, to December 31, 2008, the Fund’s benchmark was solely the DEX Universe Bond Index.
CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
Footnotes
Inclusive of trust and corporate class versions where applicable.
All data is subject to change.
Distributions are not guaranteed and the proportion of income and return of capital will fluctuate depending on Fund returns. Unlike fixed-income securities, there is no obligation to distribute any fixed amount, and reductions in, or suspensions of, distributions may occur that would reduce yield. Distributions are not an indication of performance, rate of return, or yield. Mutual fund distributions are not guaranteed and are set and may change at the discretion of Franklin Templeton Investments Corp.
Maximum target annual distribution rate on Series T varies between 5% to 8%, set for the individual fund or portfolio. Annual target distributions are subject to change at the discretion of Franklin Templeton Investments. Investors may choose their desired Return of Capital (ROC) cash payout rate, the remainder will be reinvested in additional Series T units/shares of the same fund or portfolio. An investor's adjusted cost base (ACB) will be reduced by the amount of any ROC payments. If the investor's ACB goes below zero, they will have to pay capital gains tax on any further ROC distributions. Series T may also pay an annual income distribution and capital gains which must be reinvested but will be taxable in the year received. The payment of income distributions is not guaranteed and may fluctuate. Income distributions and ROC cash flow payments are not an indication of performance, rate of return, or yield. If distributions paid by a fund are greater than the return of the fund, the value of the investor's investment will decrease. Investors should obtain advice from a qualified tax specialist on taxation matters.