What is your view on Templeton Global Bond Fund? I bought it on July 19 and the price has dropped nearly 8%. I thought Bonds should not fluctuate so much. Do you think I should continue to hold? - Seedly
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Anonymous

Asked on 01 Mar 2020

What is your view on Templeton Global Bond Fund? I bought it on July 19 and the price has dropped nearly 8%. I thought Bonds should not fluctuate so much. Do you think I should continue to hold?

Should I bother holding, considering the current market climate?

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Frankie Rappaport
Frankie Rappaport
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Top Contributor (Aug)

Level 9. God of Wisdom
Answered on 01 Mar 2020

This fund distributes relatively high dividends(?).

However you loose at least 1.4 % per year management/administration fees.

Then the share price is going down, difficult to predict for the future.

There are ideas/discussions of a coming corporate bond crisis also ...

I would discourage from buying mutual funds/unit trusts b/o their much too high fees. Also bond investing currently (as opposed to the past) has lost it's shine.

https://www.franklintempleton.com.sg/download/en-sg/phs/hiepsc2g/Templeton-Global-Bond-Fund-Product-Highlights-Sheet.pdf

https://www.franklintempleton.com.sg/download/en-sg/common/j733ro3j​​​

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