Anlageziel Franklin Target Income 2024 Fund A1 Ydis EUR Fonds

The Fund's investment objective is to offer a yield pickup by investing primarily in EUR-denominated corporate bonds with a pre-determined yield at the time of investments over a five year period. The Fund principally invests in Euro-denominated debt securities issued by corporations worldwide (including Emerging Markets) with no prescribed industry sector or market capitalisation limits. Since the investment objective is more likely to be achieved through an investment policy that is flexible and adaptable, the Fund may also seek investment opportunities in other types of securities including but not limited to government and government-related debt securities. The Fund invests in below investment grade ("high yield") debt securities or unrated securities deemed to be equivalent to below investment grade. The aggregate investments in high yield debt securities might represent a significant part of the Fund's portfolio (limited to 70% of the Fund's total net assets).