PRICE AND YTD RETURN As of 04/29/2016

NAV down $-0.16 $20.20
POP $21.43
YTD Total return at Nav 0.80%

AVERAGE ANNUAL TOTAL RETURNS As of Quarter end 03/31/2016

Sales Charge

1 YEAR RETURN -19.35%
5 YEAR RETURN -4.52%
10 YEAR RETURN 5.09%

KEY STATS

Investment Category Value
Distributions Annually
CUSIP 880 18X 201
Fund Number 188
Inception Date Sep 09, 1993
Total Net Assets (all share classes) As of 03/31/2016 $311.9 (M)
Distribution Rate at NAV N/A
30-Day Standardized yield N/A

SALES CHARGE, EXPENSES, & FEES As of 01/01/2016 (updated annually)

Gross Expense Ratio 1.81%
Net Expense Ratio 1.81%
Max Initial Sales Charge 5.75%
CDSC 0.00%
12b-1 Fee 0.25%

Fund Description

Templeton China World 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."

Mark Mobius, Ph.D

Management

Mark Mobius, Ph.D

Mark Mobius, Ph.D

  • Joined Franklin Templeton in 1987
  • Managed Fund Since 1993
Eddie Chow, CFA, MBA

Eddie Chow, CFA®, MBA

  • Joined Franklin Templeton in 1994
  • Managed Fund Since 2002

Overall Morningstar Rating As of 03/31/2016

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 03/31/2016

Years Ratings Funds
in category
3
1 Stars
76
5
2 Stars
64
10
3 Stars
40

Morningstar Style Box As of 12/31/2015

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.
  • Unparalleled Emerging Markets Experience. Investors can benefit from lead manager Dr. Mark Mobius, a trailblazer in emerging markets investing with over 30 years of investing experience.

Investing In The Fund

What Are the Risks?
  • All investments involve risks, including possible loss of principal.
  • The Chinese government’s participation in its economy remains high and, therefore, Templeton China World Fund’s investments in China will be subject to larger regulatory risk levels compared to many other countries.
  • Risks associated with international investing include currency fluctuations, economic instability and political developments; emerging markets involve heightened risks related to these same factors.
  • A non-diversified fund involves the risk of greater price fluctuation than a more diversified portfolio. The fund invests in Chinese companies and investments may be made 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 may 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.
  • The fund is designed for the aggressive portion of a well-diversified portfolio.
  • These and other risks are described more fully in the fund’s prospectus.

Minimum Investment

$1,000.00

How Financial Advisors Help You

Speak to your financial advisor about whether this fund is appropriate for you. If you don't have a financial advisor, request a referral.

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