- Dependably core – focusing on quality companies across the market cap spectrum.
- No investment style bets – opportunity driven approach across emerging markets universe.
Explore all our Emerging Markets capabilities
WHY INVEST IN THIS FUND
Finding opportunity across emerging markets - beyond the index
The FTF Templeton Global Emerging Markets Fund is a core emerging markets building block, built on ideas, not just the index. We seek quality opportunities across emerging markets without growth bias. Powered by local specialists on the ground across emerging markets with deep research coverage and global scale.
Morningstar Overall Rating1
Global Emerging Markets Equity
As of 28/02/2026
★★★★★
W (acc)
Core emerging markets building block
Ideas first. Opportunities beyond the index
- 29% of the portfolio (in % of total weight) is invested in holdings not present in the portfolios of the top AUM peers.2
- The fund has demonstrated strong long-term performance, consistently outpacing both the benchmark and peer group average over 1, 3, 5 and 10 years.3
Local specialists. Real insights
- Strong local footprint with 100+ investment professionals in 17 countries worldwide.
- Deep local research capabilities with 1,200+ companies covered globally, including 700+ across the emerging markets.3
Consistent long-term performance
- Discrete Annual performance
- Annualised performance
Discrete Annual performance
We measure performance against the Fund’s performance target, the MSCI Emerging Markets (Net Dividends) Index, as it is widely available and reflects investments in stock markets of emerging markets countries. The term ‘Net Dividends’ in the name of the Index means that the Index returns reflect the deduction of withholding taxes. The Fund’s performance can also be compared against the Investment Association Emerging Markets sector average, which reflects the performance of the Fund’s competitors. The value of shares in the Fund and income received from it can go down as well as up, and investors may not get back the full amount invested. Performance details provided are in share class currency, include the reinvested dividends gross of basic rate tax and are net of management fees. Sales charges and other commissions, other taxes and relevant costs to be paid by an investor are not included in the calculations. Selected share classes show performance information prior to the launch date of that share class. In these cases, performance has been simulated by taking the performance data of a donor share class which has higher annual charges. Please follow this link for a full list of hybrid performance share classes.
Annualised performance
We measure performance against the Fund’s performance target, the MSCI Emerging Markets (Net Dividends) Index, as it is widely available and reflects investments in stock markets of emerging markets countries. The term ‘Net Dividends’ in the name of the Index means that the Index returns reflect the deduction of withholding taxes. The Fund’s performance can also be compared against the Investment Association Emerging Markets sector average, which reflects the performance of the Fund’s competitors. The value of shares in the Fund and income received from it can go down as well as up, and investors may not get back the full amount invested. Performance details provided are in share class currency, include the reinvested dividends gross of basic rate tax and are net of management fees. Sales charges and other commissions, other taxes and relevant costs to be paid by an investor are not included in the calculations. Selected share classes show performance information prior to the launch date of that share class. In these cases, performance has been simulated by taking the performance data of a donor share class which has higher annual charges. Please follow this link for a full list of hybrid performance share classes.
HOW WE INVEST
We follow ideas, not the index
Only the strongest ideas make it into the portfolio, with risk managed at every step.
Valuation with discipline
- We invest in attractively valued emerging markets companies, not short-term trends.
- A disciplined core approach keeps style and risk consistent across market cycles.
- Careful stock selection at the right price drives long-term returns.
Global research, shared conviction
- Local analysts cover 1,200+ stocks globally, sharing ideas across the team.
- Two dedicated portfolio managers focus solely on building the portfolio, typically consisting of 60–80 positions.
- Only the strongest, high-conviction ideas are included – both managers must agree.
Managing risk with intent
- Deliberate diversification across regions and investment styles to manage risk.
- A long-term approach to avoid short-term market noise and emotional decisions.
- A strong sell discipline to avoid value traps.
Global platform. Local insight.
We draw on an established global equity platform to uncover opportunities across emerging markets. The team combines decades of experience navigating varied market cycles with deep regional expertise. Our research offices around the world provide on-the-ground insight and in-depth understanding of local industries and sectors, enabling access to a broad range of investment opportunities across the market.
Franklin Templeton launched one of the first dedicated emerging markets equity funds for retail investors in 1987."
MEET THE TEAM
Experienced emerging markets specialists³
Led by Chetan Sehgal and Andrew Ness, the strategy draws on the depth and scale of Templeton Global Investments’ global platform, with over 35 years of emerging markets expertise.
Chetan Sehgal
Senior Managing Director, Director of Portfolio Management, Singapore
• Managed fund since 2017
• 33 years of experience
Chetan joined Franklin Templeton in 1995 and oversees our global emerging markets and small-cap strategies.
Andrew Ness
Managing Director Global Emerging Markets, Edinburgh
• Managed fund since 2019
• 30 years of experience
Andrew is a seasoned investor with over two decades of experience as an emerging markets equity portfolio manager.
Templeton global investments⁴
100+
investment professionals
22
investment office locations
45bn USD
in EM strategies
(of 81bn USD total amount)
700+
coverage of emerging markets companies
35+
years investing in emerging markets
Resources
Discover more about the FTF Templeton Global Emerging Markets Fund.
FAQs
Investing in emerging markets
Emerging markets – economies such as China, India, Brazil, Taiwan and South Korea – are home to many world-class companies shaping the modern economy, from semiconductor leaders and electric vehicle manufacturers to digital platforms and financial services groups. They offer exposure to dynamic regions playing an increasingly important role in global growth.
The Fund offers diversified exposure to emerging markets opportunities through a high-conviction approach focused on quality companies with durable growth potential. We invest beyond benchmark weights, combining deep local research with rigorous valuation to build a consistent, core portfolio.
The Fund is designed as a core emerging markets building block for investors seeking long-term capital growth. It may suit those looking for a diversified portfolio constructed through disciplined, research-driven investing.
Footnotes:
- Morningstar ratings are applied at share class level, which means that each share class requires 36 monthly returns before it will be awarded a rating. Source: © 2026 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
- Source: Morningstar, as of quarter end or most recent holdings available. Top peers are based on top 10 active (not index or enhanced index) managers in Morningstar Global Emerging Markets category by AUM. All holdings are subject to change. Holdings of the same issuers have been combined, unless otherwise noted.
- Source: Franklin Templeton Investments. As of 28/02/2026.
- Source: Franklin Templeton Investments. As of 31/12/2025 unless otherwise stated.
Investment overview
The Fund aims to increase in value through investment growth by more than the MSCI Emerging Markets (Net Dividends) Index over periods of five years after all fees and costs are deducted. There is no guarantee that the Fund will achieve this return over this or any other time period. Capital invested is at risk and you may get back less than you paid in.
What are the key risks?
The value of shares in the Fund and income received from it can go down as well as up and investors may not get back the full amount invested. Performance may also be affected by currency fluctuations. Currency fluctuations may affect the value of overseas investments. There is no guarantee that the Fund will meet its objective. The Fund invests mainly in the equity and equity-related securities of emerging markets around the world that have historically been subject to significant price movements, frequently to a greater extent than equity markets globally. As a result, the performance of the Fund can fluctuate significantly over relatively short time periods. Risks materially relevant not adequately captured by the indicator:
Emerging markets risk: the risk related to investing in countries that have less developed political, economic, legal and regulatory systems, and that may be impacted by political or economic instability, lack of liquidity or transparency, or safekeeping issues.
Foreign Currency risk: the risk of loss arising from exchange-rate fluctuations or due to exchange control regulations.
Liquidity risk: the risk that arises when adverse market conditions affect the ability to sell assets when necessary. Such risk may be triggered by (but not limited to) unexpected events such as environmental disasters or pandemics. Reduced liquidity may have a negative impact on the price of the assets.
For a full discussion of all the risks applicable to this Fund, please refer to the “Risk Factors” section of the current prospectus of Franklin Templeton Funds.
Important Legal Information
Prior to 7 August 2021, the Fund was named the Templeton Global Emerging Markets Fund.
This material is intended to be of general interest only and does not constitute legal or tax advice nor is it an offer for shares or invitation to apply for shares of the sub funds of Franklin Templeton Funds ("FTF"), a UK-domiciled OEIC ("the Fund"). Nothing in this document should be construed as investment advice.
Subscriptions to shares of the Fund can only be made on the basis of the current prospectus, the relevant Key Investor Information Document ("KIID") or Supplementary Information Document (SID) accompanied by the latest available audited annual report and the latest semi-annual report if published thereafter, which can be found on our website (www.franklintempleton.co.uk) or from the address below. US Persons (as more fully defined in the latest Fund prospectus) are not eligible to invest in the Fund. Shares of the Fund are available for sale and distribution in the UK.
An investment in the Fund entails risks which are described in the Fund's prospectus and the relevant KIID. The value of shares in the Fund and any income received from them can go down as well as up, and investors may not get back the full amount invested. Past performance is not an indicator, not a guarantee, of future performance. Where a fund invests in a specific sector or geographical area, the returns may be more volatile than a more diversified fund.
Opinions expressed are the author's at the publication date and they are subject to change without prior notice. Given the rapidly changing market environment, Franklin Templeton disclaim responsibility for updating this material. References to particular industries, sectors or companies are for general information and are not necessarily indicative of a fund's holding at any one time. Any research and analysis contained in this document has been procured by Franklin Templeton for its own purposes and is provided to you only incidentally. Franklin Templeton shall not be liable to any user of this document or to any other person or entity for the inaccuracy of information or any errors or omissions in its contents, regardless of the cause of such inaccuracy, error or omission.
There is no guarantee that the Fund will achieve its objective. For a free copy of the latest Prospectus, the SID, the relevant KIID, the annual report and semi-annual report, if published thereafter or for more information about any Franklin Templeton fund, UK investors should contact: Franklin Templeton, Telephone: 0800 305 306, Email: [email protected] or write to us at the address below. Alternatively, the information can be downloaded from our website www.franklintempleton.co.uk.
CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
Indices are unmanaged, and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.
Important data provider notices and terms available at www.franklintempletondatasources.com.
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 Dow Jones Indices LLC.
Issued by Franklin Templeton Investment Management Limited (FTIML). Registered office: Cannon Place, 78 Cannon Street, London EC4N 6HL. FTIML is authorised and regulated by the Financial Conduct Authority.