Templeton Sustainable Em Mkts Bd R6 FEMRX

Under normal market conditions, the fund invests at least 80% of its net assets in a non-diversified portfolio of bonds issued by “emerging market countries.” The bonds in which the fund invests consist of treasuries and government debt typically backed by the full faith and credit of the government and issued for the purpose of financing the emerging market country’s general growth and development. It is non-diversified.