Franklin Templeton Alternative Funds Franklin K2 Athena Uncorrelated Strategies UCITS Fund Class EB (acc) EUR-H1/  LU2303825736  /

The Fund aims to increase the value of its investments with lower volatility relative to broader equity markets and less correlation to traditional asset classes over the medium to long term. Investment Policy The Fund pursues an actively managed investment strategy and invests mainly in: - uncorrelated strategies which are systematic trading strategies based on quantitative analysis of price and fundamental data, through the use of internal or external algorithms. The Fund intends to gain exposure, either directly or indirectly (through mutual funds, exchange-traded funds, derivatives or structured products), to a wide range of transferable securities, derivatives (for hedging, efficient portfolio management and investment purposes, such as total return swaps), commodities, FX forwards (an exchange of a pair of currencies at a set rate on a future date) as well as other securities including but not limited to equity and equity-related securities (including participatory notes and convertible securities), debt securities of any quality of sovereign issuers worldwide, currencies as well as other eligible securities. The investment team may decide to invest all of the Fund's assets in debt securities issued by the EU, OECD, Singapore or other G20 member state.

The Fund aims to increase the value of its investments with lower volatility relative to broader equity markets and less correlation to traditional asset classes over the medium to long term.