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Managed Fund Since 1999
Equity
TFESX TIF International Equity Series
Popular Documents
Total Net Assets
$58.96M
As of 12/31/2025 (Updated Monthly)
Overview
Fund Facts
Fund description
The fund seeks long-term capital growth by investing at least 80% of its net assets in foreign (non-US) equity securities.
- Benchmark
- MSCI All Country World ex US Index-NR
- Additional Benchmark
- MSCI EAFE Index-NR
- Fund Inception Date
- 10/18/1990
- Number of Issuers
As of 12/31/2025 (Updated Monthly) - 51
Identifiers
- Ticker
- TFESX
- Fund Number
- 444
- CUSIP Code
- 880210869
- Bloomberg Code
- TFESX US
Average Annual Total Returns As of 12/31/2025
Service Shares
- 31.06%1 Year
- 20.31%3 Years
- 10.78%5 Years
- 7.50%10 Years
- 5.03%Since Inception
09/18/2006
Performance data quoted represents past performance, which does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the figures shown.
Top Sectors
As of 12/31/2025 % of Total (Updated Monthly)
Banks13.26% | |
Capital Goods10.49% | |
Pharmaceuticals, Biotechnology & Life Sciences8.59% | |
Materials7.82% | |
Energy6.77% |
Additional Fund Info
- Asset Class
- Equity
- Share Class Inception Date
- 09/18/2006
- Investment Style
- Value
- Lipper Classification
- International Large-Cap Value
- Morningstar Category
6 - Foreign Large Value
Manager and Commentary
About the Team
Templeton Global Investments
Templeton Global Investments combines extensive local presence and expertise with a flexible investment approach to give clients access to a broad set of global growth opportunities.
Commentary Highlights
September 30, 2025Access the latest commentary, performance review and market outlook in one place.
Templeton Global Investments
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Managed Fund Since 2022
Latest Insights
January 7, 2026
January 5, 2026
January 2, 2026
December 17, 2025
Performance
Average Annual Total Returns
As of 12/31/2025
Selected Month December 2025
Service Shares - With Sales Charge (POP) (%)
Month End
As of 12/31/2025
Service Shares - Without Sales Charge (NAV) (%)
Month End
As of 12/31/2025
MSCI All Country World ex US Index-NR (%)
Month End
As of 12/31/2025
MSCI EAFE Index-NR (%)
Month End
As of 12/31/2025
Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Performance would have been lower if fees had not been waived in various periods. Total returns assume the reinvestment of all distributions and the deduction of all Fund expenses. Returns with sales charge reflect a deduction of the stated maximum sales charge. Returns without sales charge would have been lower had sales charges been reflected. An investor cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges. Returns for periods of less than one year are not annualized.
Ratings 3
©2025 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
Portfolio
Assets
As of12/31/2025 (Updated Monthly)
- Total Net Assets
- $58.96 Million
Positions
As of 12/31/2025 (Updated Monthly)
Number of Issuers
- Fund
- 51
- Benchmark
- 1,973
Portfolio Statistics
As of 12/31/2025 (Updated Monthly)
Price to Book
- Fund
- 2.06x
- Benchmark
- 2.22x
- Fund
- 8.96x
- Benchmark
- 10.03x
- Fund
- 18.99x
- Benchmark
- 17.45x
Asset Allocation
As of 12/31/2025 % of Total (Updated Monthly)
| Holdings | Fund |
|---|---|
Equity | 92.40% |
Cash & Cash Equivalents | 7.60% |
Holdings
As of 11/30/2025 (Updated Monthly)
Cash and Cash Equivalents
AstraZeneca PLC ORD GBP.25
Taiwan Semiconductor Manufacturing Co Ltd ORD TWD10
SSE PLC ORD GBP.50
BP PLC ORD GBP.25
Ebara Corp ORD JPY NPV
Mitsubishi Electric Corp ORD JPY NPV
Alibaba Group Holding Ltd ORD HKD 0.000003125
Shell PLC ORD GBP0.07
CRH PLC ORD GBP .32 *LONDON STOCK EXCHANGE*
Distributions & Tax
- Distribution Frequency
- SemiannuallyThis fund is an ex-Dividend fund
- Capital Gain Distributions
- October, December
Final composition of the current year’s distribution—income, capital gains and/or return of capital—are based on US tax rules and will be determined by February of the following year. For tax characterization of a distribution, such as return of capital and tax-exempt income, click on the “Tax Information” tab above.
Distributions Per Share
12/19/2025
09/30/2025
Annually, a fund must distribute all realized capital gains net of realized losses, so the fund will not be subject to an entity level income tax. A fund’s capital gain distribution in a particular year may be a result of the disposition of holdings that appreciated in value during prior years. Thus, while the fund may gain or lose value over the course of a year, a capital gain distribution paid by the fund may not be indicative of current performance of the fund.
The distributable amount of net capital gains are paid on a per-share basis to all investors who hold shares of the fund on the record date of the distribution and are recognized by the shareholder for tax purposes as of the ex-date of the distribution, regardless of when the gains or losses arose in the fund. Net gains on holdings held long term by the fund would be distributed to shareholders as a long-term capital gain distribution no matter how long the shareholder has owned shares in the fund.
Refer to the fund’s annual report or statement of additional information for specific information regarding distributions.
Pricing
Documents
Fund Literature
| Name | Download | Add to Cart | |
|---|---|---|---|
| Product Commentary - International Equity Series |
Regulatory Documents
| Name | Download | Add to Cart | |
|---|---|---|---|
| Annual Report - TIF International Equity Series - Service Shares | |||
| Annual Financial Statements and Other Information - Templeton Institutional Funds | |||
| Semi-Annual Report - TIF International Equity Series - Service Shares | |||
| Semi-Annual Financial Statements and Other Information - Templeton Institutional Funds | |||
| Prospectus - Templeton Institutional Fund Prospectus | |||
| Summary Prospectus - TIF - International Equity Series | |||
| Statement of Additional Information - Templeton Institutional Fund | |||
| Application - Franklin Account | |||
| Application - Franklin IRA | |||
| Fiscal Q1 Holdings - Templeton Institutional Fund | |||
| Fiscal Q3 Holdings - Templeton Institutional Fund |
Risks
All investments involve risks, including possible loss of principal. International investments are subject to special risks, including currency fluctuations and social, economic and political uncertainties, which could increase volatility. These risks are magnified in emerging markets. To the extent the fund invests in companies in a specific country or region, the fund may experience greater volatility than a fund that is more broadly diversified geographically. The investment style may become out of favor, which may have a negative impact on performance. The manager may consider environmental, social and governance (ESG) criteria in the research or investment process; however, ESG considerations may not be a determinative factor in security selection. In addition, the manager may not assess every investment for ESG criteria, and not every ESG factor may be identified or evaluated. These and other risks are discussed in the fund’s prospectus.
Important Information
Total Returns include change in share price, assume reinvestment of all distributions, and reflect the deduction of fund expenses and applicable fees. Total returns, distribution rate, and yields reflect any applicable expense reductions and fee waivers; without these reductions, the results would have been lower.
Most funds offer multiple share classes. Share classes are subject to different fees and expenses, which will affect their performance.
Certain share classes are only offered to eligible investors as stated in the prospectus. Different minimums may apply to clients of certain service agents. All classes of shares are not available through all distribution channels. See the Fund's prospectus for additional information.
Franklin Distributors, LLC. Member FINRA, SIPC. All entities mentioned are Franklin Templeton affiliated companies. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.
Reports and other information about the funds are available on the EDGAR Database on the SEC's Internet site at www.sec.gov.
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Important data provider notices and terms available at www.franklintempletondatasources.com.
Performance data quoted represents past performance, which does not guarantee future results.
CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
Indexes are unmanaged and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.
Investors should carefully consider a fund's investment goals, risks, sales charges and expenses before investing. The prospectus contains this and other information. Please read the prospectus carefully before investing or sending money.
The MSCI EAFE Index is a free float-adjusted market capitalization-weighted index designed to measure developed market equity performance, excluding the U.S. and Canada.
Source: MSCI makes no warranties and shall have no liability with respect to any MSCI data reproduced herein. No further redistribution or use is permitted. This report is not prepared or endorsed by MSCI.
Net Returns (NR) include income net of tax withholding when dividends are paid.
The MSCI EAFE Index is a free float-adjusted market capitalization-weighted index designed to measure developed market equity performance, excluding the U.S. and Canada.
Source: MSCI makes no warranties and shall have no liability with respect to any MSCI data reproduced herein. No further redistribution or use is permitted. This report is not prepared or endorsed by MSCI.
Net Returns (NR) include income net of tax withholding when dividends are paid.
The MSCI All Country World Index ex US (MSCI ACWI Index ex US) is a market capitalization-weighted index designed to measure equity market performance of developed and emerging markets, excluding the U.S. Source: MSCI makes no warranties and shall have no liability with respect to any MSCI data reproduced herein. No further redistribution or use is permitted. This report is not prepared or endorsed by MSCI.
Net Returns (NR) include income net of tax withholding when dividends are paid.