Fund Description

The fund seeks long-term capital appreciation by investing at least 80% of its net assets in securities of “China companies.” For purposes of the fund’s investments, China companies are companies that are organized under the laws of, or with a principal office in, the People’s Republic of China (China), Hong Kong or Taiwan; companies whose principal trading market is in China, Hong Kong or Taiwan; companies that derive at least 50% of their revenues from goods or services sold or produced in China or companies that have at least 50% of their assets in China.

Strategy Statement

"Chinese consumer demand is growing and trade is flourishing in Hong Kong. We will continue applying our bottom-up, long-term, value-oriented strategy to find bargain companies in this dynamic region."

Management

Eddie Chow, CFA

Eddie Chow, CFA®

  • Joined Franklin Templeton in 1994
  • Managed Fund Since 2002

Rating

Overall Morningstar Rating As of 02/28/2019

Rating Category: China Region

Morningstar
The fund's overall Morningstar Rating measures risk-adjusted returns and is derived from a weighted average of the performance figures associated with its 3-, 5- and 10-year (if applicable) rating metrics.

Historical Morningstar Rating As of 02/28/2019

Years Ratings Funds
in category
3
4 Stars
80
5
4 Stars
72
10
3 Stars
41

Morningstar Style Box As of01/31/2019

Strategy, Benefits, Results

Strategy

Our strategy is built upon the following Templeton cornerstones, which have been in place for over half a century.

  • Search Globally. We believe bargains have no borders when searching for the best investment opportunities.
  • Seek Value. We search worldwide for stocks selling at prices we believe are low relative to their true value.
  • Perform Fundamental, Bottom-Up Research. We conduct in-person visits and perform extensive fundamental research to model a company's potential future earnings, cash flow and asset value relative to its stock price.
  • Practice Patient, Long-Term Investing. We evaluate a company's potential for earnings and growth over a five-year horizon.

Benefits

  • China Exposure. Our investment mix is designed to take advantage of dynamic growth opportunities in China, Hong Kong and Taiwan.
  • Managed by an Experienced Team. The Templeton Emerging Markets Group adheres to the same time-tested investment philosophy established by Sir John Templeton over 70 years ago.

Investing In The Fund

What Are the Risks?

  • All investments involve risks, including possible loss of principal.
  • The government’s participation in the economy is still high and, therefore, Templeton China World Fund’s investments in China will be subject to larger regulatory risk levels compared to many other countries.
  • In addition, special risks are associated with international investing, including currency fluctuations, economic instability and political developments. Investments in emerging markets involve heightened risks related to the same factors.
  • The fund may also experience greater volatility than a fund that is more broadly diversified geographically.
  • Historically, smaller and mid-sized securities have experienced more price volatility than larger company stocks, especially over the short term.
  • As a nondiversified fund investing in China companies, the fund may invest in a relatively small number of issuers and, as a result, be subject to a greater risk of loss with respect to its portfolio securities.
  • The fund is designed for the aggressive portion of a well-diversified portfolio. These and other risk considerations are discussed in the fund’s prospectus.

Minimum Investment

$1,000.00

How Financial Advisors Help You

Speak to your advisor about whether this fund is appropriate for you.

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