Investment Trusts

Templeton Emerging Markets Investment Trust TEMIT

TEM:LSE

Templeton Emerging Markets Investment Trust TEMIT

  • Price (GBX)173.20
  • Today's Change1.00 / 0.58%
  • Shares traded1.60m
  • 1 Year change19.94%
  • Beta0.7137
Data delayed at least 20 minutes, as of Oct 04 2024 16:37 BST.
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Profile data is unavailable for this security.

About the company

Templeton Emerging Markets Investment Trust plc is an investment trust company. The Company invests principally in emerging markets companies with the aim of delivering capital growth to shareholders over the long term. Its investment objective is to seek long-term capital appreciation through investment in companies in emerging markets or companies which earn a significant amount of their revenues in emerging markets but are domiciled in, or listed on, stock exchanges in developed countries. The Company invests in sectors, which include information technology, financials, consumer discretionary, communication services, industrials, materials, health care, energy, consumer staples, utilities and real estate. It also invests in countries, including China, South Korea, Taiwan, India, Brazil, the United States, Thailand, Mexico, Hong Kong and Hungary. Its alternative investment fund manager is Franklin Templeton Investment Trust Management Limited.

  • Revenue in GBP (TTM)172.27m
  • Net income in GBP140.33m
  • Incorporated1989
  • Employees0.00
  • Location
    Templeton Emerging Markets Investment Trust TEMIT5 Morrison StreetEDINBURGH EH3 8BHUnited KingdomGBR
  • Phone+44 20 7073 8690Fax+44 20 7073 8700
  • Websitehttps://www.temit.co.uk/investor/#
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Profile

Management group(s)Franklin Templeton Investment Trust Management Limited
AIC sectorGlobal Emerging Markets
ISINGB00BKPG0S09
Launch date12 Jun 1989
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

The Company seeks long-term capital appreciation through investment in companies in emerging markets or companies which earn a significant amount of their revenues in emerging markets but are domiciled in, or listed on, stock exchanges in developed countries. It is expected that the majority of investments will be in listed equities. However, up to 10% of the Company's assets may be invested in unlisted securities. In addition, while it is intended that the Company will normally invest in equity instruments, the Investment Manager may invest in equity-related investments (such as convertibles or derivatives) where it believes that it is advantageous to do so.

Managed by

Chetan Sehgal, Andrew Ness

Management & contract fees

The annual fee is 1% of NAV up to GBP 1bn and 0.75% of NAV between GBP 1bn and GBP 2bn, and 0.5% of NAV above GBP 2bn. Agreement terminable on notice period of one year.

Peer analysis

CompanyRevenue (TTM)Net income (TTM)Market capEmployeesMarket Cap /
Employees
Fidelity European Trust PLC234.02m207.26m1.55bn0.001.55bn0.00
Murray International Trust plc204.49m184.74m1.58bn0.001.58bn0.00
Personal Assets Trust PLC66.67m44.26m1.61bn0.001.61bn0.00
Rathbones Group PLC888.53m63.32m1.63bn3.52k1.63bn3.52k
TP ICAP Group PLC2.20bn99.00m1.75bn5.18k1.75bn5.18k
JTC PLC283.06m29.13m1.76bn1.60k1.76bn1.60k
JPMorgan American Investment Trust PLC434.96m424.07m1.78bn0.001.78bn0.00
Worldwide Healthcare Trust PLC229.70m201.16m1.79bn0.001.79bn0.00
HarbourVest Global Private Equity Ltd113.77m92.37m1.79bn1.10k1.79bn1.10k
Caledonia Investments plc233.80m203.80m1.83bn71.001.83bn71.00
Mercantile Investment Trust PLC97.69m75.21m1.84bn0.001.84bn0.00
Templeton Emerging Markets Inv Trust plc172.27m140.33m1.85bn0.001.85bn0.00
AJ Bell PLC245.88m81.33m1.86bn1.37k1.86bn1.37k
Quilter PLC6.43bn50.00m1.89bn2.98k1.89bn2.98k
Smithson Investment Trust PLC-26.10m-51.47m1.97bn0.001.97bn0.00
City of London Investment Trust plc310.57m297.42m2.17bn0.002.17bn0.00
Data as of Oct 04 2024. Currency figures normalised to Templeton Emerging Markets Investment Trust TEMIT's reporting currency: UK Pound GBX

Institutional shareholders

74.60%Per cent of shares held by top holders
HolderShares% Held
City of London Investment Management Co. Ltd.as of 24 Jun 2024284.42m26.36%
Lazard Asset Management LLCas of 23 May 202497.71m9.06%
Rathbones Investment Management Ltd.as of 21 Sep 202397.37m9.03%
Allspring Global Investments LLCas of 23 May 202477.57m7.19%
Investec Wealth & Investment Ltd.as of 23 May 202464.90m6.02%
Bill & Melinda Gates Foundation Trust (Investment Management)as of 01 Aug 202455.97m5.19%
Brewin Dolphin Ltd.as of 23 May 202444.94m4.17%
Quilter Cheviot Ltd.as of 23 May 202439.97m3.71%
Evelyn Partners Investment Management LLPas of 01 Aug 202425.91m2.40%
BlackRock Investment Management (UK) Ltd.as of 01 Aug 202416.11m1.49%
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Data from 30 Jun 2024 - 30 Aug 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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