Issued by Franklin Templeton Australia Limited (ABN 76 004 835 849, AFSL 240827). 

Information on this website is intended to be of general interest only and does not constitute investment or financial product advice. It expresses no views as to the suitability of the products or services described as to the individual circumstances, objectives, financial situation, or needs of any investor. You should conduct your own investigation or consult a financial adviser before making any decision to invest and to help determine if the information provided is suitable for your particular circumstances. Please refer to the relevant Product Disclosure Statement available on this website before making any investment decision.

Any prediction, projection or forecast on the economy, stock market, bond market or the economic trends of the markets is not necessarily indicative of the future or likely performance. All investments involve risks, including possible loss of principal.

Yield to Maturity (YTM) is the estimated total annual return of the portfolio of bonds in the Fund, assuming all bonds are held until maturity and interest payments are reinvested. It reflects the total income expected, accounting for both the bond's current price and its future cash flows, including interest and principal repayment.

Past performance is not an indicator nor a guarantee of future performance.

Performance returns are shown net of fees and assume the reinvestment of distributions. Returns for periods less than 1 year are cumulative and returns for periods equal to or greater than one year are annualised.

Information on this website is intended to be of general information only and does not constitute investment or financial product advice. It expresses no views as to the suitability of the products or services described as to the individual circumstances, objectives, financial situation, or needs of any investor. You should conduct your own investigation or consult a financial adviser before making any decision to invest. Please read the relevant Product Disclosure Statements (PDSs), and any associated reference documents before making an investment decision. Neither Franklin Templeton Australia, nor any other company within the Franklin Templeton group guarantees the performance of any Fund, nor do they provide any guarantee in respect of the repayment of your capital. In accordance with the Design and Distribution Obligations, we maintain Target Market Determinations (TMD) for each of our Funds. All documents can be found via the Literature Page or by calling 1800 673 776.