The Franklin K2 Long Short Credit Fund Advisor Class (FKLZX) 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 provide investors with a diversified portfolio of credit investments, including corporate bonds, government securities, and other fixed income instruments. The advisor class shares of this fund are designed for investors who seek professional management and are willing to pay a higher fee for access to this specialized strategy.