Templeton Emerging Markets Investment Trust plc
TXEMF
Other OTC- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Allan Lam
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 8A, rue Albert Borschette Luxembourg City Luxembourg 1246
- IPO Date
- Jun 13, 1989
- CIK
- 0000909112
- Website
- franklintempleton.co.uk
- Similar Companies
- Business
- Templeton Emerging Markets Investment Trust plc (TEMIT) (LSE: TEM; OTC: TXEMF) is a closed-end investment trust that seeks long-term capital appreciation through investments in equity securities of companies domiciled in or deriving significant revenues from emerging markets worldwide, including listed equities in developed markets with substantial emerging market exposure; up to 10% of assets may be allocated to unlisted securities or equity-related instruments such as convertibles and derivatives. The trust primarily targets quality companies across sectors like technology, financials, consumer goods, and industrials, with key holdings including Taiwan Semiconductor Manufacturing Co. Ltd., SK Hynix Inc., Prosus NV, Samsung Electronics Co. Ltd., and ICICI Bank Ltd. as of late 2025. Managed by Franklin Templeton Investment Management Limited, a subsidiary of Franklin Resources, Inc., with lead portfolio manager Chetan Sehgal and co-manager Andrew Ness, TEMIT benchmarks against the MSCI Emerging Markets Index and employs a bottom-up, value-oriented strategy emphasizing fundamental research, global search for undervalued stocks, and a five-year earnings growth horizon. Established in June 1989 and headquartered in London, United Kingdom, TEMIT is listed on the London Stock Exchange as a FTSE 250 constituent, with additional listings on the New Zealand Stock Exchange; it operates globally, focusing on high-growth emerging economies such as China, India, Taiwan, South Korea, Mexico, Brazil, and others that collectively drive approximately 65% of global economic growth. The trust serves institutional and retail investors seeking exposure to emerging market equities via a liquid, actively managed vehicle, with total net assets exceeding £2 billion as of mid-2025 and over 1 billion shares in issue, positioning it as the largest and most liquid investment trust in the Association of Investment Companies' Emerging Markets sector. In recent developments, TEMIT reported strong fiscal year 2025 results ended March 31, with share price total return of +13.3% and net asset value total return of +8.8%, outperforming the MSCI Emerging Markets Index benchmark's +5.8%; the board proposed a total annual dividend above the prior 5.00p, reinforcing a minimum dividend policy set in June 2024 for the next five years. Over the past decade, share price total return has exceeded the benchmark by more than 20%, reflecting sustained outperformance amid market volatility. In half-year financials announced December 2025, the trust continued to emphasize portfolio evolution toward AI-driven semiconductors and selective China internet holdings, while no major acquisitions, funding rounds, or structural changes were reported for TEMIT itself in the last 1-2 years, though parent Franklin Templeton pursued broader strategic moves including partnerships with Wand AI for agentic AI in asset management and Copenhagen Infrastructure Partners for infrastructure solutions.