The Franklin K2 Long Short Credit Fund Class R (FKLRX) is a mutual fund that focuses on investing in a mix of long and short credit positions. This fund is managed by Franklin Templeton Investments and utilizes the expertise of K2 Advisors, a leading alternative investment firm. The fund aims to generate returns by actively managing credit risk and taking advantage of market opportunities. With a focus on credit investments, this fund may be suitable for investors seeking a balance of potential income and capital appreciation.