Templeton Emerging Markets Investment Trust (LSE: TEM)

Currency in GBP

Last close As at 24/03/2023

GBP1.48

1.40 (0.95%)

Market capitalisation

GBP1,703m

Launched in June 1989, Templeton Emerging Markets Investment Trust was one of the first emerging markets funds in the UK. The trust seeks long-term capital appreciation through investment in companies operating in emerging markets or listed on the stock markets of such countries. This may include companies that have a significant amount of their revenues in emerging markets but are listed on stock exchanges in developed countries. Performance is benchmarked against the MSCI Emerging Markets Index.

Equity Analyst

Melanie Jenner

Mel Jenner

Director, Investment Trusts

Key Management

  • Andrew Ness

    Co-manager

  • Chetan Sehgal

    Lead manager

  • Paul Manduca

    Chairman

Share Price Performance

Price Performance
% 1M 3M 12M
Actual (3.8) 1.8 (2.5)
Relative 0.9 0.7 (1.4)
52 week high/low 164.6p/130.6p

Overview

Templeton Emerging Markets Investment Trust (TEMIT) has two very experienced managers: Chetan Sehgal (lead manager – based in Singapore) and Andrew Ness (based in Edinburgh). They are encouraged by the trust’s improved absolute and relative performance in recent months as investors are focusing more on company fundamentals rather than macroeconomic developments. The managers seek quality companies with high returns and sustainable business models that are trading at a discount to their intrinsic values and TEMIT’s resulting portfolio is broadly diversified by geography, sector and market cap.

Thematics

Investment Companies

European equities

Investment Companies

Listed Private Equity

Investment Companies

Vietnamese equities: Due a comeback?

Consumer

IPO apocalypse

Subscribe to Edison

Get access to the very latest content matched to your personal investment style.

Sign up for free