Franklin Templeton has today launched two new funds with HSBC serving as the exclusive distributor in Hong Kong for a six-month period.
The Franklin Diversified Income and Growth fund and Franklin Post-Retirement Stable Income fund are managed by Ed Perks, Todd Brighton, and Brendan Circle from Franklin Income Investors.
The Hong Kong-domiciled funds are designed to support the evolving retirement needs of investors across different life stages, according to a press release.
They provide investors with multi-asset exposure, and are strategically positioned to meet consistent demand for income while addressing varying levels of financial complexity, from growth and income needs during the early wealth-building years to the pursuit of stable income in later life.
Designed to support an accumulation-focused strategy for investors, the Franklin Diversified Income and Growth fund offers a diversified portfolio of high-quality dividend and growth equity and fixed income and seeks to capitalise on US and international opportunities.
In contrast, the Franklin Post-Retirement Stable Income fund is tailored for the decumulation phase with a higher allocation in fixed income versus equity and aims to offer a lower-volatility investment solution. Both funds utilize a dynamic and flexible investment approach to navigate evolving market conditions.
Simon Wong, co-head of Hong Kong & head of retail sales, Greater China, Franklin Templeton, said: “Retirement is a dynamic journey, and each stage, characterised by distinct spending patterns and evolving financial needs, demands tailored investment strategies.”
“The Franklin Diversified Income and Growth Fund is designed for individuals in the early- or mid-stages of their careers, seeking income and capital appreciation. For individuals nearing retirement, the Franklin Post-Retirement Stable Income fund focuses on capital preservation and income generation to support greater financial stability,” he added.
Sami Abouzahr, head of wealth and premier solutions, Hong Kong, and global head of investments and managed solutions, HSBC, said: “Retirement planning is a vital component of our wealth management discussions with clients. These funds are designed to balance our clients’ desire for income in monthly payouts, with capital preservation and continued asset growth.
