TEMIT reports 4462.1% return since 1989 launch

Templeton Emerging Markets Investment Trust (TEMIT) has reported a net asset value (NAV) total return of 4,462.1% from its launch in June 1989 to September 30, 2024.

This outperformed the benchmark total return of 1,891.1%.

TEMIT, an investment trust that primarily invests in emerging markets companies, aims to deliver long-term capital growth to its shareholders.

The company, which is governed by a board of directors, has the majority of its shareholders based in the UK, but its shares are traded on the London and New Zealand stock exchanges.