Templeton Emerging Markets Investment Trust Plc Analysis

Overview

Templeton Emerging Markets Plc aims to provide long-term capital appreciation for its investors, through investment in companies operating in emerging markets.

Performance

The following has been extracted from Templeton Emerging Markets PLC's half year results, released 10 December 2024

Performance

TEMIT’s net asset value (‘NAV’) Total Return(a) over the six months to 30 September 2024 was +7.2%, slightly less than that of our benchmark index which produced a total return(a) of +7.5%. I said in the most recent Annual Report that one of the three major factors which would lead to an improvement in the rating of TEMIT’s shares would be a return to favour for emerging markets and it is notable that over the six months under review the return of the MSCI World Index Net total return, which measures the performance of developed markets, was only +2.8%(a).