Templeton Emerging Markets Investment Trust (TEM)

Business description

Launched in June 1989, TEM 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 those with stocks listed on the stock markets of such countries. This may include companies that have a significant amount of their revenues in emerging markets, but which are listed on stock exchanges in developed countries. The benchmark is the MSCI Emerging Markets Index.

Stock data

Market cap.£2134.5m
Last close770.50p
High / Low (52 weeks)786.0p / 559.0p
Stock market listingLN, NZ
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
TeamInvestment Companies
SectorInvestment Companies

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Company news

Bargain hunter: High-flying funds still at big discounts

Fri, 08 Sep 2017 16:18:45 GMT

Templeton Emerging Markets Inv Trust plc - Receive News & Ratings Daily

Mon, 23 Oct 2017 08:48:45 GMT

Templeton Emerging Markets Investment Trust - Neutral

Mon, 02 Nov 2015 07:12:41 GMT

Terry Smith's stuttering start in emerging markets

Fri, 07 Aug 2015 13:11:32 GMT

Investment Trust Watch: Terry Smith looking 'cheap'

Fri, 17 Feb 2017 14:52:30 GMT

Investment summary

Templeton Emerging Markets Inv. Trust (TEMIT) aims to generate long-term capital growth from a diversified portfolio of emerging market equities. Since the change in manager in October 2015, there has been a notable improvement in TEMIT’s relative performance – over the last 12 months, its NAV total return has outperformed its MSCI Emerging Markets index benchmark by 10.2%. TEMIT has historically run a small cash balance, but in January 2017 announced it had entered into a new £150m credit facility; if fully drawn down, it would take gross gearing to c 7.0% of net assets.

Last updated on 03/04/2017

Key management

Company address

Templeton Emerging Markets Investment Trust PLC
5 Morrison Street
Edinburgh
EH3 8BH
United Kingdom
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