Net Asset Value for the Month End

RNS Number : 2760X

Templeton Emerging Markets IT PLC

09 January 2014

 

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

("NAV") of TEMIT Shares at 31^st December 2013 as follows:

NAV	580.6 pence (Cum-Income)
NAV	572.2 pence (Ex-Income)

FINANCIAL PERFORMANCE

Performance to 31 December 2013 Share price -  annualised Net asset value -  annualised MSCI Emerging Market Index -  annualised

3 Months % -2.7 -2.4 -0.4

1 Year % -8.9 -9.0 -4.1

3 Years % -19.2 -6.8 -16.1 -5.7 -10.3 -3.6

5 Years % +105.1 +15.5 +102.4 +15.2 +75.7 +11.9

10 Years % +298.2 +14.8 +256.3 +13.6 +221.7 +12.4

Share price Net asset value MSCI Emerging Market Index

Year to 31   December       2013 % -8.9 -9.0 -4.1

Year to  31   December   2012 %  +8.0  +11.4  +13.4

Year to 31  December              2011 %  -17.8  -17.3  -17.6

Year to 31 December    2010 %  +29.4  +28.2  +22.9

Year to                 31     December       2009 %  +96.0  +88.1  +59.4

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 / Copyright - © 2012 Morningstar, Inc.  All rights reserved.

 On behalf of TEMIT, Franklin Templeton Investment Management Limited reports the top ten holdings in TEMIT as at 31^st December 2013 as follows:

Country	Security	Industry	% of total net assets
Hong Kong / China	Brilliance China Automotive Holdings Ltd.	Consumer Discretionary	10.0
India	Tata Consultancy Services Ltd.	Information Technology	6.3
Brazil	Itau Unibanco Holding SA, ADR	Financials	4.1
Hong Kong / China	Dairy Farm International Holdings Ltd.	Consumer Staples	3.9
Brazil	Banco Bradesco SA, ADR, pfd.	Financials	3.8
Brazil	Vale SA, ADR, pfd., A	Materials	3.7
Thailand	Siam Commercial Bank PCL, fgn.	Financials	3.6
Indonesia	Astra International Tbk PT	Consumer Discretionary	3.6
Hong Kong / China	VTech Holdings Ltd.	Information Technology	3.5
Pakistan	MCB Bank Ltd.	Financials	3.0
			45.5

Date: 9th January 2014

On behalf of TEMIT, Franklin Templeton Investment Management Limited reports as at 31^st December 2013,

TEMIT's investment by industry class was:

Sector	% of  total assets
Financials	25.0
Energy	19.8
Consumer Discretionary	16.8
Materials	13.8
Information Technology	11.1
Consumer Staples	6.4
Industrials	3.0
TEMIT's other current assets	4.1
	100.0
Date: 9th January 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	13.2
Mexico	2.1
Peru	1.9
ASIA
Hong Kong / China	27.0
India	12.0
Thailand	11.8
Indonesia	6.4
South Korea	4.5
Pakistan	3.2
MIDDLE EAST
Jordan	0.1
EUROPE
Turkey	4.9
Russia	4.8
Austria	1.2
Poland	0.3
AFRICA
South Africa	2.5
TEMIT's other current assets	4.1
	100.0
As at 31st December 2013 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: 9^th January 2014

End of Announcement.

 

END

 

 

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