printmgr file - Templeton

Bissett Focus Balanced Fund
STATEMENT OF INVESTMENTS As at December 31, 2012 (Continued)
Principal Amount
in Currency
of Issue
(000s) (000s)
Canada: 37.22% (Continued)
Province of New Brunswick, 5.50%, 1/27/2034 ....................................................... 30,000 CAD $ 38 $ 39
Province of Nova Scotia, 4.10%, 6/1/2021 ...........................................................
Province of Ontario
180,000 CAD 202 201
6.50%, 3/8/2029 ............................................................................. 144,000 CAD 190 203
Floating Rate Note, 9/14/2016 ................................................................... 13,000 CAD 13 13
Province of Quebec, 4.50%, 12/1/2018 ............................................................. 184,000 CAD 206 208
RBC Capital Trust, 4.87% to 12/31/2015, Floating Rate Note thereafter, Perpetual ........................... 85,000 CAD 90 92
Sun Life Financial Inc., Senior Note, 4.80% to 11/23/2015, Floating Rate Note thereafter, 11/23/2035 ........... 116,000 CAD 120 122
The Toronto–Dominion Bank, Senior Note, 5.828% to 7/9/2018, Floating Rate Note thereafter, 7/9/2023 ......... 95,000 CAD 109 111
Average
Cost
Fair
Value
2,494 2,558
United States: 1.48%
GE Capital Canada Funding Co., 4.40%, 2/8/2018 ..................................................... 94,000 CAD 98 102
United Kingdom: 0.80%
BP Capital Markets PLC, 2.744%, 2/24/2017 ......................................................... 54,000 CAD 54 55
Total Bonds: ................................................................................... 2,646 2,715
Total Long-Term Investments: ...................................................................... 6,195 6,694
SHORT-TERM SECURITIES: 2.40%
Royal Bank of Canada, Term Deposit, 0.97%, 1/2/2013 ................................................ 165,000 CAD 165 165
Total Short-Term Securities: ....................................................................... 165 165
Transaction costs (Note 2) .......................................................................... (3) —
TOTAL INVESTMENTS: 99.80% .................................................................... $6,357 6,859
OTHER ASSETS, less liabilities: 0.20% .............................................................. 14
TOTAL NET ASSETS: 100.00% .................................................................... $6,873
Bond Ratings*
2012 2011
%of
Net Assets
%of
Net Assets
AAA ................................ 10.40 11.89
AA ................................. 10.62 13.81
A .................................. 18.48 13.53
BBB ............................... — 0.79
* Excluding cash and overnight term deposits.
Source: Standard & Poor’s, and/or composite of Moody’s, Standard & Poor’s
and Fitch ratings.
The accompanying notes are an integral part of these financial statements.
Franklin Templeton Investments Funds 151