Performance of Templeton Global Total Return Fund

FTIF Templeton Global Total Return Fund A(Mdis) SGD H-1 invests in both government and corporate debt securities and other financial derivatives on ancillary basis.  (See post on 7 Dec 2012)

Based on 31 August 2013 factsheet, Fund characteristics:
Average duration = 2.3 years (2.7 years)
Weighted average yield to maturity = 5.54% (6.1%)
Weighted average maturity = 3.19 years (3.89 years)

(Figures in brackets are for 31 October 2012)

This is not a basket of long-dated debt securities, average maturity is 3.19 years. Average Yield to Maturity was 5.54%.

Based on my two tranches of this fund, the distribution yield over costs were:

First tranche: 3.3% for 10 months
Second tranche: 1.9% over 7 months.

Besides monthly distribution, one hopes for capital appreciation of the fund. NAVs for the fund for some dates were:

1 Dec 2012: $11.88
27 Feb 2013: $12.23
30 June 2013: $11.80
31 Aug 2013: $11.49
4 Oct 2013: $11.88

My first tranche broke even. But my second tranche was down 2.86%.

When fixed income took a beating with Federal Reserve Board intending to taper their bond purchase program, FTIF Templeton Global Total Return Fund went down in value.

Copyright © 2013, limkimtong for Living Investment

The material presented is intended to be general and written in layman’s language as much as it is possible. The author shall not be liable for any direct or consequential loss arising from any use of material written. Please seek professional advice from your financial advisor or financial institutions on material written covering financial matters.

Advertisements
This entry was posted in Financial Management. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s