Month End NAV incl. Geo&Ind Brkdwn & Top 10 Hlgds

RNS Number : 4581G

Templeton Emerging Markets IT PLC

07 May 2014

 

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

("NAV") of TEMIT Shares at 30^th April 2014 as follows:

NAV	603.9 pence (Cum-Income)
NAV	592.5 pence (Ex-Income)

FINANCIAL PERFORMANCE

Performance to 30 April 2014 Share price -  annualised Net asset value -  annualised MSCI Emerging Market Index -  annualised

3 Months % 7.6 8.6 4.1

1 Year % -12.4 -10.4 -9.2

3 Years % -17.5 -6.2 -12.2 -4.3 -11.0 -3.8

5 Years % +66.0 +10.7 +73.6 +11.7 +50.8 +8.6

10 Years % +315.4 +15.3 +284.4 +14.4 +210.3 +12.0

Share price Net asset value MSCI Emerging Market Index

Year to 30   April       2014 % -12.4 -10.4 -9.2

Year to  30    April       2013 %  +11.1  +12.0  +8.9

Year to 30 April       2012 %  -15.1  -12.6  -10.0

Year to 30 April       2011 %  +17.8  +15.3  +11.0

Year to                 30 April       2010 %  +70.8  +71.6  +52.5

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 30^th April 2014 as follows:

Country	Security	Industry	% of total net assets
Hong Kong / China	Brilliance China Automotive Holdings Ltd.	Consumer Discretionary	8.8
India	Tata Consultancy Services Ltd.	Information Technology	6.2
Brazil	Itau Unibanco Holding SA, ADR	Financials	4.7
Brazil	Banco Bradesco SA, ADR, pfd.	Financials	4.3
Thailand	Siam Commercial Bank Public Co. Ltd, fgn.	Financials	4.0
Hong Kong / China	Dairy Farm International Holdings Ltd.	Consumer Staples	3.9
Indonesia	PT Astra International Tbk	Consumer Discretionary	3.9
Hong Kong / China	VTech Holdings Ltd.	Information Technology	3.5
Pakistan	MCB Bank Ltd.	Financials	3.4
United Kingdom	Unilever PLC*	Consumer Staples	3.4
			46.1

*This company has significant exposure to operations in emerging markets.

Date: 7th May 2014

On behalf of TEMIT, Franklin Templeton Investment Management Limited reports as at 30^th April 2014,

TEMIT's investment by industry class was:

Sector	% of  total assets
Financials	27.1
Energy	20.4
Consumer Discretionary	15.6
Materials	12.0
Information Technology	10.8
Consumer Staples	9.6
Industrials	3.9
TEMIT's other current assets	0.6
	100.0
Date: 7th May 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	2.4
Mexico	1.8
ASIA
Hong Kong / China	25.5
Thailand	12.8
India	11.6
Indonesia	6.3
Pakistan	4.7
South Korea	4.5
MIDDLE EAST
Qatar	0.8
Jordan	0.1
EUROPE
Turkey	5.2
Russia	4.2
United Kingdom	3.4
Austria	1.1
AFRICA
South Africa	1.1
TEMIT's other current assets	0.6
	100.0
As at 30th April 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: 7^thMay 2014

End of Announcement.

 

END

 

 

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