Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Templeton Emerging Markets Bond I (acc) USD

Ranked 6 out of 7 in - Emerging Markets Global Local Currency over 12 months
All calculations are in USD unless stated

Managed by

Laura Burakreis

Sonal Desai

Sonal Desai, PhD, is a portfolio manager and director of research for the Franklin Templeton Fixed Income Group's international bond department. She is responsible for shaping the research agenda of the international bond department and providing macroeconomic analysis to the fixed income team. This includes facilitating broader research efforts leveraging the fixed income group's local resources across global markets. Dr. Desai acts as a key resource for the firm's Fixed Income Policy Committee, which provides policy views on sectors, markets and currencies. Dr. Desai has over 18 years of experience in the financial sector. She joined Franklin Templeton in 2009 from Thames River Capital in London, where she was responsible for shaping the top-down global view on macroeconomic and market developments. She started her career as an assistant professor of economics at the University of Pittsburgh, and then worked for over six years at the International Monetary Fund, in Washington DC. She was involved in the negotiation and monitoring of IMF programs in several emerging market countries and in the assessment of the overall design and effectiveness of IMF adjustment programs. Dr. Desai holds a PhD in economics from Northwestern University and earned a BA with honours from Delhi University in New Delhi.

Michael Hasenstab

Michael Hasenstab holds a Ph.D. in economics from the Asia Pacific School of Economics and Management at Australian National University. He has earned a master's degree in economics of development from the Australian National University and a B.A. in international relations/political economy from Carleton College in the United States. Michael joined Franklin Templeton Investments in July 1995 and since 2001 he is senior vice president, portfolio manager and co-director of the international bond department.


The Fund invests mainly in: debt securities of any quality issued by governments, government-related entities and corporations located in developing or emerging markets. The Fund can invest to a lesser extent in debt securities from outside of developing or emerging markets that may be affected by financial or economic developments in developing or emerging markets (limited to 33% of assets); debt securities of supranational entities, such as the European Investment Bank; mortgage- and asset-backed securities.

Showing fund performance in Peru View performance globally


Emerging Markets Global Local Currency over : 31/01/2017 - 31/01/2018

Total Return

Quarterly Performance

to 01/01/2018 Annual Q1 Q2 Q3 Q4
2017 10.8% 7.8% 0.7% 3.1% -1.0%
2016 10.9% 2.2% 2.0% 2.8% 3.4%
2015 -4.7% -4.8% 2.4% -6.4% 4.4%
2014 -3.7% -0.2% 3.9% -2.0% -5.2%
2013 0.3% 1.5% -4.2% 0.0% 3.1%
2012 19.3% 7.5% -1.9% 7.6% 5.1%
2011 -0.8% 2.9% 2.9% -7.8% 1.7%
2010 14.2% 6.5% -1.8% 8.1% 1.0%
2009 49.5% 4.7% 20.2% 14.4% 3.8%
2008 -17.7% 3.3% -1.6% -6.3% -13.5%
2007 9.3% 2.8% 3.8% 1.5% 1.0%
2006 17.0% 4.6% -0.2% 5.7% 6.0%
2005 4.8% -0.8% 2.8% 1.6% 1.2%
2004 7.8%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Belgium
  3. Cyprus
  4. Czech Republic
  5. Denmark
  6. Finland
  7. France
  8. Germany
  9. Gibraltar
  10. Greece
  11. Guernsey
  12. Hong Kong
  13. Hungary
  14. Ireland
  15. Italy
  16. Jersey
  17. Latvia
  18. Lithuania
  19. Luxembourg
  20. Macau
  21. Malta
  22. Netherlands
  23. Norway
  24. Peru
  25. Poland
  26. Portugal
  27. Singapore
  28. Slovakia
  29. Spain
  30. Sweden
  31. Switzerland
  32. United Kingdom

Fund Info

  • Launch date31/08/2004
  • Share Class size807Mn
  • Base currencyUSD
  • ISIN LU0195951966

Purchase Info

  • Min. initial investment5Mn
  • Min. regular additional investment0


  • Annual management0.70%
  • Initial investment0.7

Related News

Hasenstab: two top EMs standing on their own feet

Franklin Templeton’s bond star says Malaysia and Indonesia are holding their own despite commodity collapse and China's slowdown.

EM medal winners: top managers of the past four years

As the first full week of the Olympics comes to a close, Citywire Selector takes a look at the EM managers shining since the 2012 Games.

Hasenstab: lessons in liquidity for blockbuster bond funds

In the final part of this exclusive video series, the bond star walks Citywire Global through his peripheral plays and risk management.

Hasenstab reveals top EMD bets and Chinese reform risks

VIDEO: Franklin Templeton's bond star reveals the opportunities he is finding in EMD and why China's reforms are crucial for the RMB's future.

Hasenstab: analysis paralysis is the biggest risk for 2014

Franklin Templeton’s global bond chief issues rallying call to investors scared to get back into volatile markets.

Hasenstab: don't fear the Fed's taper tantrum

Templeton's bond expert believes fears over Bernanke turning off the liquidity taps are overdone and China's money tightening is all part of its reform process.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).