Month End NAV inc. Geo & Ind Brkdwn & Top10 Hldgs

RNS Number : 2782J

Templeton Emerging Markets IT PLC

10 June 2014

 

On behalf of TEMIT, Franklin Templeton Investment Management Limited reports the unaudited net asset value

("NAV") of TEMIT Shares at 31^st May 2014 as follows:

NAV	609.2 pence (Cum-Income)
NAV	597.1 pence (Ex-Income)

FINANCIAL PERFORMANCE

Performance to 31 May 2014 Share price -  annualised Net asset value -  annualised MSCI Emerging Market Index -  annualised

3 Months % +9.7 +8.4 +7.0

1 Year % -8.2 -8.8 -5.5

3 Years % -10.7 -3.7 -8.5 -2.9 -6.0 -2.1

5 Years % +57.1 +9.5 +59.5 +9.8 +45.9 +7.9

10 Years % +361.3 +16.5 +303.0 +15.0 +241.0 +13.1

Share price Net asset value MSCI Emerging Market Index

Year to 31   May       2014 % -8.2 -8.8 -5.5

Year to  31     May       2013 %  +18.7  +19.2  +16.2

Year to 31 May       2012 %  -18.0  -15.8  -14.5

Year to 31 May       2011 %  +21.4  +20.3  +14.0

Year to                 31 May       2010 %  +45.0  +44.9  +36.2

All figures in the performance table are calculated in Sterling on a total return basis i.e. with net dividends reinvested.

Source: Franklin Templeton Investments

On behalf of TEMIT, Franklin Templeton Investment Management Limited reports the top ten holdings in TEMIT as at 31^st May 2014 as follows:

Country	Security	Industry	% of total net assets
Hong Kong / China	Brilliance China Automotive	Consumer Discretionary	9.5
India	Tata Consultancy Services	Information Technology	6.2
Brazil	Itau Unibanco, ADR	Financials	4.4
Brazil	Banco Bradesco, ADR	Financials	4.1
Hong Kong / China	Dairy Farm	Consumer Staples	4.0
Thailand	Siam Commercial Bank	Financials	3.7
Indonesia	Astra International	Consumer Discretionary	3.7
Pakistan	MCB Bank	Financials	3.6
Turkey	Akbank	Financials	3.5
Hong Kong / China	VTech	Information Technology	3.4
			46.1

Date: 10th June 2014

On behalf of TEMIT, Franklin Templeton Investment Management Limited reports as at 31^st May 2014,

TEMIT's investment by industry class was:

Sector	% of  total assets
Financials	26.7
Energy	21.3
Consumer Discretionary	16.1
Information Technology	10.7
Materials	9.2
Consumer Staples	7.9
Industrials	3.8
TEMIT's other current assets	4.3
	100.0
Date: 10th June 2014

  The securities used to calculate the above NAV and industry percentages have been valued on a bid basis - the

  valuation of the assets is as at each local market close or, where appropriate, adjusted for changes in the fair 

  value of these assets at US close.

TEMIT's investment in emerging markets was:

	% of total assets
LATIN AMERICA
Brazil	13.9
Peru	1.9
ASIA
Hong Kong / China	26.4
Thailand	12.1
India	9.6
Indonesia	6.0
Pakistan	4.9
South Korea	4.2
MIDDLE EAST
Qatar	0.9
Jordan	0.1
EUROPE
Turkey	5.7
Russia	4.6
United Kingdom	3.4
Austria	1.0
AFRICA
South Africa	1.0
TEMIT's other current assets	4.3
	100.0
As at 31st May 2014 TEMIT did not have any holdings in other Investment Companies.

 The securities used to calculate the above NAV have been valued on a bid basis - the valuation of the assets is as

 at each local market close or, where appropriate, adjusted for changes in the fair value of these assets at US close.

For further information please contact Client Dealer Services at Franklin Templeton Investment Management Limited on free phone [phone] or [phone] for overseas investors.

  Date: 10^th June 2014

End of Announcement.

 

END

 

 

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