Franklin Templeton Canada released a new product Monday offering investors access to a portfolio of real assets.
The Franklin Global Real Assets Fund II follows a strategy similar to the fund’s original version, which has been available to institutional investors since 2017. The new fund seeks to provide investors with stable income and inflation protection with a low correlation to equities and bonds.
Franklin Templeton Canada president and CEO Duane Green said the fund provides exposure to areas that have traditionally been harder for some investors to access, such as commercial real estate, infrastructure, agriculture and timber.
“Real assets are positioned to participate in wider economic growth, while offering potential downside protection in times of economic uncertainty, along with a low correlation to traditional asset classes,” Green said in a release.
The fund has a $5,000 minimum investment and quarterly liquidity. The management fee for the series A version is 2.25%; for the F series, the management fee is 1.25%. A 0.15% administration fee applies to both.