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Templeton Global Bond

Ranked 2 out of 16 in - Global over 12 months
All calculations are in GBP unless stated

Managed by

Sonal Desai

Sonal Desai, PhD, is a portfolio manager and director of research for the Franklin Templeton Fixed Income Group's international bond department. She is responsible for shaping the research agenda of the international bond department and providing macroeconomic analysis to the fixed income team. This includes facilitating broader research efforts leveraging the fixed income group's local resources across global markets. Dr. Desai acts as a key resource for the firm's Fixed Income Policy Committee, which provides policy views on sectors, markets and currencies. Dr. Desai has over 18 years of experience in the financial sector. She joined Franklin Templeton in 2009 from Thames River Capital in London, where she was responsible for shaping the top-down global view on macroeconomic and market developments. She started her career as an assistant professor of economics at the University of Pittsburgh, and then worked for over six years at the International Monetary Fund, in Washington DC. She was involved in the negotiation and monitoring of IMF programs in several emerging market countries and in the assessment of the overall design and effectiveness of IMF adjustment programs. Dr. Desai holds a PhD in economics from Northwestern University and earned a BA with honours from Delhi University in New Delhi.

Michael Hasenstab

Michael Hasenstab holds a Ph.D. in economics from the Asia Pacific School of Economics and Management at Australian National University. He has earned a master's degree in economics of development from the Australian National University and a B.A. in international relations/political economy from Carleton College in the United States. Michael joined Franklin Templeton Investments in July 1995 and since 2001 he is senior vice president, portfolio manager and co-director of the international bond department.


The Funds principal investment objective is to maximise, consistent with prudent investment management, total investment return consisting of a combination of interest income, capital appreciation and currency gains. The Fund seeks to achieve its objective by investing principally in a portfolio of fixed or floating-rate debt securities (including noninvestment grade securities) and debt obligations issued by government or government-related issuers worldwide. The Fund may also, in accordance with the investment restrictions, invest in debt securities (including non-investment grade securities) of corporate issuers.

Showing fund performance in Jersey View performance globally


Global over : 30/11/2016 - 30/11/2017
  • Rank 2/16 Total Return
  • Rank 11/16 Standard Deviation
  • Rank 11/16 Max Drawdown
Fund Name Currency Return
1 JPM Global Bond Opportunities I Dis GBP Hgd

Currency exposure is hedged

Currency exposure is hedged



2 Templeton Global Bond A (Mdis) GBP-H1

Currency exposure is hedged

Currency exposure is hedged



3 New Capital Global Value Credit GBP Ord Acc

Currency exposure is hedged

Currency exposure is hedged



4 Barclays GlobalBeta Portfolio 1 AA GBP GBP


5 BNY Mellon Global Opportunistic Bond I GBP Acc Hdg

Currency exposure is hedged

Currency exposure is hedged



Fund Name Currency Risk
9 JPM Global Government Bond X Dist GBP Hgd

Currency exposure is hedged

Currency exposure is hedged



10 Barclays GlobalBeta Portfolio 1 AA GBP GBP


11 Templeton Global Bond A (Mdis) GBP-H1

Currency exposure is hedged

Currency exposure is hedged



12 Invesco Bond C Acc GBP GBP


13 BNY Mellon Global Bond C GBP Inc GBP


Fund Name Currency Loss
9 JPM Global Government Bond X Dist GBP Hgd

Currency exposure is hedged

Currency exposure is hedged



10 JPM Global ex-UK Bond A Acc GBP


11 Templeton Global Bond A (Mdis) GBP-H1

Currency exposure is hedged

Currency exposure is hedged



12 Invesco Bond C Acc GBP GBP


13 BNY Mellon Global Bond C GBP Inc GBP


Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 3.8% -1.5% 0.8%
2016 4.9% -1.1% -1.1% -1.4% 8.6%
2015 -4.9% 0.3% -0.5% -7.3% 2.7%
2014 1.6% 0.7% 2.3% 0.6% -2.0%
2013 1.5% 1.6% -2.9% 0.8% 2.1%
2012 16.3% 7.4% -1.1% 5.3% 4.0%
2011 -3.2% 1.8% 2.3% -8.0% 1.1%
2010 11.9% 6.6% -2.8% 6.5% 1.4%
2009 18.3% 0.3% 7.2% 7.3% 2.5%
2008 11.0% 7.2% -4.5% 1.8% 6.7%
2007 1.6%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Belgium
  3. Cyprus
  4. Czech Republic
  5. Denmark
  6. Estonia
  7. Finland
  8. France
  9. Germany
  10. Gibraltar
  11. Greece
  12. Guernsey
  13. Hong Kong
  14. Hungary
  15. Ireland
  16. Italy
  17. Jersey
  18. Latvia
  19. Lithuania
  20. Luxembourg
  21. Macau
  22. Netherlands
  23. Norway
  24. Poland
  25. Portugal
  26. Singapore
  27. Slovakia
  28. Spain
  29. Sweden
  30. Switzerland
  31. United Kingdom

Fund Info

  • Launch date03/09/2007
  • Share Class size40Mn
  • Base currencyGBP
  • ISIN LU0316492692
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment5,000
  • Min. regular additional investment0


  • Annual management0.75%

Related News

Hasenstab: LatAm holds ‘tremendous potential’ over next decade

Blockbuster bond manager believes the region is entering a 'really exciting era' and welcomes its recent political course change.

Hasenstab: the three biggest risks facing China right now

In comments made before the currency devaluation, the blockbuster bond manager names the three largest concerns for the country.

Hasenstab: China can overcome triple-headed growth challenge

Franklin Templeton’s CIO for global macro believes the country has the right strategy and enough firepower to weather uncertainty.

Hasenstab: three things the market is getting wrong on oil

Franklin Templeton’s blockbuster bond manager believes the growth in risk aversion may be misplaced.

Move with the times: Eckhard Sauren on looking into new markets

The fund of funds pioneer reveals why he is looking outside his home market and the funds he has ditched due to their uncompetitive size.

Hasenstab backs Poland to ‘anchor’ Central Europe

Bond heavyweight ups exposure to Polish debt market as he believes it can provide stability in a turbulent market.

Hasenstab: how we can solve this 'horrible' Ukraine crisis

VIDEO: In the second part of our exclusive interview, Franklin Templeton's bond star outlines how the difficulties in Eastern Europe can be resolved.

Hasenstab reveals top EMD bets and Chinese reform risks

VIDEO: Franklin Templeton's bond star reveals the opportunities he is finding in EMD and why China's reforms are crucial for the RMB's future.

Hasenstab bets big on yen weakness amid currency calls

Bond market heavyweight positioning for a strong US dollar against the Japanese currency in his blockbuster fund.

Hasenstab on the ground in Ukraine: why I'm standing firm

VIDEO: Speaking from a fact-finding mission in Kiev, Franklin Templeton’s bond chief explains why he is holding onto his postion in the Eastern European nation.


Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).