Templeton trust reports 4,155.4% return since launch

Templeton Emerging Markets Investment Trust has reported a net asset value (NAV) total return of 4,155.4% as at March 31 2024, since its launch.

The company's annual report and accounts also revealed that its benchmark total return was 1,752%.

Templeton, launched in June 1989, is an investment trust that focuses on emerging markets companies.

While the majority of its shareholders are based in the UK, the company's shares are traded on the London and New Zealand stock exchanges.