Managed Strategy Since 2014
Templeton Global ADR Equity SMA
Popular Documents
Overview
Product Facts
Strategy description
The Templeton Global ADR Equity SMA invests in global stocks with a market capitalization generally of $1 billion or greater at time of purchase. Industry weights are limited to approximately 20% of the total portfolio, and emerging markets typically range from 5% to 15%, with approximately 30% maximum. Accounts may invest in foreign securities only through American Depositary Receipts (ADRs).
- Benchmark
- MSCI All Country World Index-NR
- Additional Benchmark
- MSCI World Index-NR
- Inception Date
- 11/30/1999
- Asset Class
- Equity
Average Annual Total Returns As of 10/31/2025
- 11.75%1 Year
- 15.00%3 Years
- 11.20%5 Years
- 6.03%10 Years
- 4.11%Since Inception
11/30/1999
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 10/31/2025 % of Total (Updated Monthly)
Financials28.22% | |
Industrials12.27% | |
Health Care11.39% | |
Information Technology11.25% | |
Materials9.36% |
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, 2025- Markets: Global equity markets collectively advanced through the third quarter of 2025 as tariff anxieties gradually eased, many central banks adopted a more accommodative policy stance, and leadership among technology-related stocks persisted.
- Detractors: Templeton Global ADR Equity SMA (pure gross of fees and net of fees) underperformed its benchmark, the MSCI All Country World Index-NR, due to an underweight and stock selection in the information technology (IT) sector, stock selection and an overweight in the industrials sector and stock selection in the consumer discretionary sector.
- Contributors: Stock selection in the communication services and energy sectors and a lack of exposure to the real estate sector contributed to relative performance.
- Outlook: In broad terms, global equity markets have continued to shrug off geopolitical risks and macroeconomic uncertainty, driving many equity indexes to new highs. We see no immediate reason for this positive trend to reverse, though we remain vigilant in monitoring global developments.
Managed Strategy Since 2014
Managed Strategy Since 2014
Latest Insights
November 6, 2025
November 6, 2025
April 4, 2024
Composite Performance
Calendar Year Returns
As of 09/30/2025
Prior to January 1, 2020, net-of-fee returns were based on actual fee and non-fee paying accounts used a model wrap fee.
The strategy returns shown are preliminary composite returns, subject to future revision (downward or upward). Past performance is not a guarantee of future results. An investment in this strategy can lose value.
Performance data represents past performance, which does not guarantee future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate with market conditions, and you may have a gain or loss when you sell your shares. Periods less than one year are not annualized. Performance results are for the composite which includes all actual, fully discretionary accounts with substantially similar investment policies and objectives managed to the composite's investment strategy. Composite returns are stated in U.S. dollars and assume reinvestment of any dividends, interest income, capital gains, or other earnings. The composite may include account(s) that are gross of fees and pure gross of fees. “Pure” gross-of-fee returns do not reflect the deduction of any expenses, including transaction costs. A traditional (or "true") gross-of-fee return reflects performance after the reduction of transaction costs but before the reduction of the investment advisory fee. The gross-of-fee return may include a blend of "true" gross-of-fee returns for non-wrap accounts and "pure” gross-of-fee returns for wrap accounts. Net-of-fee returns is reduced by a model “wrap fee” (3.0% is the maximum anticipated wrap fee for equity and balanced portfolios) which includes trading expenses as well as investment management, administrative and custodial fees. The model wrap fee used represents the highest anticipated wrap fee applicable to the strategy. Actual fees and account minimums may vary.
For fee schedules, contact your financial professional, or if you enter into an agreement directly with Franklin Templeton Private Portfolio Group, LLC (“FTPPG”), refer to FTPPG’s Form ADV Part 2A disclosure document. Management and performance of individual accounts may vary for reasons that include the existence of different implementation practices and model requirements in different investment programs.
Net Returns (NR) include income net of tax withholding when dividends are paid.
To obtain specific information on available products and services or a GIPS® Report, contact your Franklin Templeton separately managed account sales team at (800) DIAL BEN/342-5236.
Franklin Templeton claims compliance with the Global Investment Performance Standards (GIPS®). GIPS® is a registered trademark of CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of the content contained herein.
Franklin Templeton claims compliance with the Global Investment Performance Standards (GIPS®). Due to the integration of GIPS firms, predecessor firms may have a different claim of compliance date. Performance presented prior to January 1, 2000 is not in compliance.
Portfolio
Positions
As of 10/31/2025 (Updated Monthly)
- Portfolio
- 50
- Benchmark
- 2,511
Portfolio Statistics
As of 10/31/2025 (Updated Monthly)
- Portfolio
- 8.97x
- Benchmark
- 14.68x
- Portfolio
- 2.21x
- Benchmark
- —
- Portfolio
- $327.15 Billion
- Benchmark
- —
- Portfolio
- 2.09%
- Benchmark
- —
- Portfolio
- 18.48x
- Benchmark
- —
The portfolio characteristics listed are based on the model portfolio, which is representative of the investment strategy. The model portfolio represents the expected allocation that would be used for new accounts. The allocation of existing accounts may differ from the allocation used for new accounts due to differences in the timing of purchases and sales, changes in the purchase and sell list during the course of a quarter, general market conditions, and factors specific to each existing account due to client considerations. The securities used in developing this model portfolio do not reflect actual purchases in an account and may not reflect the impact that material economic and market factors might have had on decision making if the portfolio manager was actually managing the account.
Sector Allocation 2
As of 10/31/2025 % of Total (Updated Monthly)
| Sector | % of Total | Benchmark |
|---|---|---|
Financials | 28.22% | 16.80% |
Industrials | 12.27% | 10.61% |
Health Care | 11.39% | 8.56% |
Information Technology | 11.25% | 28.51% |
Materials | 9.36% | 3.44% |
Energy | 6.44% | 3.39% |
Consumer Discretionary | 4.90% | 10.52% |
Communication Services | 4.48% | 8.73% |
Consumer Staples | 4.24% | 5.09% |
Utilities | 2.95% | 2.57% |
Real Estate | — | 1.78% |
Cash & Other Net Assets | 4.49% | — |
The portfolio characteristics listed are based on the model portfolio, which is representative of the investment strategy. The model portfolio represents the expected allocation that would be used for new accounts. The allocation of existing accounts may differ from the allocation used for new accounts due to differences in the timing of purchases and sales, changes in the purchase and sell list during the course of a quarter, general market conditions, and factors specific to each existing account due to client considerations. The securities used in developing this model portfolio do not reflect actual purchases in an account and may not reflect the impact that material economic and market factors might have had on decision making if the portfolio manager was actually managing the account.
Top Equity Issuers
As of 10/31/2025 (Updated Monthly)
| Holdings | Portfolio |
|---|---|
Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR | 4.74% |
Alphabet Inc. Class A | 4.48% |
AstraZeneca PLC Sponsored ADR | 3.11% |
BP PLC Sponsored ADR | 2.98% |
Ferguson Enterprises Inc. | 2.66% |
Charles Schwab Corp | 2.50% |
Unilever PLC Sponsored ADR | 2.47% |
Medtronic Plc | 2.32% |
LVMH Moet Hennessy Louis Vuitton SE Unsponsored ADR | 2.31% |
CRH public limited company | 2.29% |
Holdings of the same issuers have been combined. All data is subject to change. The information provided is not a recommendation to purchase, sell, or hold any particular security. The portfolio manager reserves the right to withhold release of information with respect to holdings that would otherwise be included. Weightings as percent of total. Percentage may not total 100% due to rounding.
Documents
| Name | Download | Add to Cart | |
|---|---|---|---|
| Factsheet - Templeton Global ADR Equity SMA | |||
| Product Commentary - Templeton Global ADR Equity SMA | |||
| FTPPG Regulatory Disclosures |
Risks
All investments involve risks, including possible loss of principal. Depositary receipts are subject to international investment risk and potentially negative effects from currency exchange rates, foreign taxation and differences in auditing and other financial standards. 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. Equity securities are subject to price fluctuation and possible loss of principal. To the extent the portfolio invests in a concentration of certain securities, regions or industries, it is subject to increased volatility. Liquidity risk exists when securities or other investments become more difficult to sell, or are unable to be sold, at the price at which they have been valued. Active management does not ensure gains or protect against market declines. The portfolio is non-diversified and may invest in a relatively small number of issuers, which may negatively impact the performance and result in greater fluctuation in value. Small- and mid-cap stocks involve greater risks and volatility than large-cap stocks. 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.
Important Information
Separately Managed Accounts (SMAs) are investment services provided by Franklin Templeton Private Portfolio Group, LLC (FTPPG), a federally registered investment advisor. Client portfolios are managed based on investment instructions or advice provided by affiliated subadvisors of Franklin Templeton. Management is implemented by FTPPG, the designated subadvisor or, in the case of certain programs, the program sponsor or its designee.
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Franklin Templeton (FT) is not undertaking to provide impartial advice. Nothing herein is intended to provide fiduciary advice. FT has a financial interest.
Important data provider notices and terms available at www.franklintempletondatasources.com.
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.
The MSCI All Country World Index is a market capitalization-weighted index that is designed to measure equity market performance of developed and emerging markets.
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.
All entities mentioned are Franklin Templeton affiliated companies. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.