Franklin Templeton has announced the launch of a new Franklin Global Low Volatility Bond Fund in Hong Kong. The fund is currently distributed by HSBC (00011) in Hong Kong and managed by Chris Siniakov, Andrew Canobi, and Joshua Rout from the Fixed Income team at Franklin Templeton. The fund aims to focus on income opportunities in high-quality global bonds. The Franklin Global Low Volatility Bond Fund is managed by a professional and experienced fixed income team and will invest at least 65% of its net assets in investment-grade bonds issued by governments, government-related entities (including supranational institutions supported by multiple governments). The design of this low volatility strategy is to provide income opportunities in global markets while emphasizing active duration management to help keep portfolio volatility within the target range. Huang Detai, Co-Head of Franklin Templeton in Hong Kong and Director of Retail Sales for Greater China, expressed his excitement about the launch of the Franklin Global Low Volatility Bond Fund in Hong Kong, highlighting their commitment to providing investors with low volatility investment options to cope with the current market environment. The fund focuses on high-quality assets in the global bond market, which historically have had low volatility, providing a solid foundation for long-term investment strategies and potentially greater resilience and defensive capabilities during market fluctuations. Huang Detai stated that the fund aims to capture income opportunities for investors and is committed to maximizing total investment returns, including regular dividend income and long-term capital appreciation. The fund offers a dividend payment class of shares, aimed at distributing dividends monthly. Dividends are not guaranteed. The fund may distribute dividends from its capital. The fund is currently available through HSBC to different investors and they look forward to collaborating with more distributors in the near future to expand distribution networks. Chris Siniakov, Director of the Fixed Income team at Franklin Templeton, mentioned that heading into 2025, the U.S. economy is expected to maintain strong growth momentum. The re-election of U.S. President Trump is likely to provide strong support for the U.S. market due to significant changes in economic policies. Profitable tax cuts and regulatory easing, coupled with favorable macroeconomic fundamentals, are expected to stimulate investment and economic growth. In addition, U.S. Treasury bonds have shown relatively stable performance in the year following the first rate cut by the Federal Reserve. Furthermore, Chris Siniakov stated that non-U.S. corporate credit and emerging market bonds may be affected by significant changes in U.S. policies. Therefore, the team's investment strategy will focus on selecting issuers and industries that are to some extent less affected by U.S. policy fluctuations. Overall, Chris Siniakov expressed confidence in the upward trajectory of the global bond market index, providing many income opportunities. He believes that the Franklin Global Low Volatility Bond Fund can help meet the needs of investors in different market sectors seeking global income opportunities.