Returns as at April 30, 2013

*Globe High Yield Fixed Income Peer Index

Growth of $10,000

Risk Measures as at April 30, 2013

Best/Worst 12 months (since inception)

Best (ending Nov 09):	40.67
Worst (ending Nov 08):	-27.47

Volatility meter (Based on 3 year standard deviation from GlobeInvestor.com)

Low  High

Fund Objectives

High current income and some long-term capital appreciation by investing primarily in high-yield, lower-rated debt securities issued in the U.S. and throughout the world.

Fund Facts

Globe 5-Star Rating:

RRSP Eligible:

Canadian

Min. Invest (initial):

$500

Subsequent:

$100

Min. Invest (initial RRSP):

$500

Subsequent RRSP:

$100

Closed:

No

Restricted:

No

Restriction:

 

 

Top Holdings as at March 31, 2013

Symbol	Company Name	Sector	Geographic Area	Asset Type	% of Total Assets		Performance as at May 24, 2013 1 Year Performance (%)
	Bank of America, 8.13%, MAY/15/18			Bond	1.41		-
	Echostar DBS Corp., 7.13%, FEB/01/16			Bond	1.24		-
	Sprint Nextel, 8.38%, AUG/15/17			Bond	1.09		-
	Energy Transfer Equity LP, 7.50%, OCT/15/20			Bond	1.08		-
	West Corp., 7.88%, JAN/15/19			Bond	1.06		-
	Community Health Systems, 8.00%, NOV/15/19			Bond	1.03		-
	Chesapeake Energy, 6.63%, AUG/15/20			Bond	1.02		-
	Clear Channel Communications, 9.00%, MAR/01/21			Bond	0.99		-
	Harrahs Operating Co, 11.25%, JUN/01/17			Bond	0.99		-

Distribution Report (18 months up to May 24, 2013)

Frequency of Income Distributions: Monthly

Frequency of Capital Gain Distributions: Annually

Portfolio Manager(s)

Eric G. Takaha, CFA

Franklin Advisers, Inc.

Start Date: February, 2003

Fund Return: 3.93%

Eric Takaha is a senior vice president and portfolio manager in the Franklin Templeton Fixed Income Group. He is the director of the corporates/high yield group and he joined Franklin Templeton in 1989. Mr. Takaha earned his B.S. from the University of California, Berkeley and an M.B.A. from Stanford University. During the summer of business school, Mr. Takaha worked for Morgan Stanley in the equity research department in New York. He joined Franklin Templeton in 1989. Mr. Takaha is a Chartered Financial Analyst (CFA) Charterholder. He is also a member of the CFA Society of San Francisco, the CFA Institute and the Stanford Business School Alumni Association.

Also manages:Frk Strategic Income

View fund manager performance report

Christopher Molumphy

Franklin Advisers, Inc.

Start Date: February, 2003

Fund Return: 3.93%

Christopher J. Molumphy is executive vice president and chief investment officer of the Franklin Templeton Fixed Income Group, a global fixed income platform that combines the strengths and resources of the Franklin Advisers and Fiduciary Trust International fixed income teams. Mr. Molumphy is also a member of the Franklin Templeton Investment Management Committee and the Franklin Resources Investment Committee. Mr. Molumphy earned his bachelor¿s degree in economics from Stanford University and an M.B.A. in finance from the University of Chicago Graduate School of Business. Prior to his current role, Mr. Molumphy served as chief investment officer of the Franklin fixed income group, overseeing the Municipal, High Yield, Investment Grade, Money Markets, Floating Rate, International Bond and local asset management groups for Franklin Advisers, beginning in 1999. He also served as an analyst (1988), portfolio manager (1991) and director of the high yield corporate bond department (1994). He is a Chartered Financial Analyst (CFA) Charterholder, as well as a member of the Security Analysts of San Francisco (SASF), the CFA Institute and the San Francisco Bond Club.

Also manages:Frk Strategic Income

View fund manager performance report