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 full year results, released 10 June 2024:

Over the year under review, our Investment Managers produced a commendable +7.9% NAV total return, which was 2.0 percentage points higher than the benchmark index.

The share price performance of the Company did not reflect this positive performance, delivering a total return of only +4.9%, as the discount the shares trade to their underlying net asset value widened from 12.6% to 15.4%. We believe that this mainly reflects investor appetite for emerging markets.