Franklin Templeton has launched two new funds to support the evolving retirement needs of investors across different life stages. HSBC will serve as the exclusive distributor in Hong Kong for six months.

The Franklin Diversified Income and Growth Fund and the Franklin Post-Retirement Stable Income Fund, both domiciled in Hong Kong, provide investors with multi-asset exposure, and are strategically positioned to meet consistent demand for income while addressing varying levels of financial complexity, from growth and income needs during the early wealth-building years to the pursuit of stable income in later life.

As life expectancy continues to rise, retirement planning has evolved beyond simply accumulating wealth. A well-structured retirement investment plan, capable of withstanding the challenges of longevity, inflation, and unforeseen events, is fundamental to achieving sustained financial security, Franklin Templeton says.

Designed to support an accumulation-focused strategy for investors, the Franklin Diversified Income and Growth Fund offers a diversified portfolio of high-quality dividend and growth equity and fixed income, and seeks to capitalize on US and international opportunities.

In contrast, the Franklin Post-Retirement Stable Income Fund is tailored for the decumulation phase with a higher allocation in fixed income versus equity, and aims to offer a lower-volatility investment solution.

Both funds adopt a dynamic and flexible investment approach to navigate evolving market conditions. They are managed by Ed Perks, Todd Brighton, and Brendan Circle from Franklin Income Investors.