Templeton Emerging Markets Investment Trust (TEMIT) Overview
6 Oct, 2026
What is the TEMIT Investment Trust?
Managed by Franklin Templeton, with Chetan Sehgal leading the emerging markets equity team. TEMIT aims for long-term capital growth by investing in companies across emerging markets or companies that earn a large share of their revenue there. Emerging markets are the world's faster-growing but less established economies; think India, China, Taiwan, Brazil and South Korea. The portfolio is made up of mainly listed shares, with the option to hold a small amount in unlisted companies, and it is heavily weighted toward Asian technology and financial names. It is one of the largest and longest-running emerging markets Trusts available to UK investors.
Did you know Emerging Markets generate around 65% of global growth today - a figure forecast to rise to nearly 75% by 2030?
Home to around 85% of the world’s population, Emerging Markets include some of the world’s fastest-growing economies. They are driving innovation in cutting-edge technology, supplying many of the raw materials and green energy essential to the global economy.
Just one share in TEMIT gives you access to an actively managed portfolio of around 90 of Franklin Templeton’s best ideas across emerging markets - with the added benefits of an Investment Trust structure and a track record spanning more than 35 years.
Why is it rated by Boring Money?
TEMIT was the first global emerging markets investment trust in the UK and is the largest today. It is included in the FTSE 250 (the largest 250 companies in the UK which you can buy shares in on the stock exchange).
It’s well-respected by professionals and has had good long-term performance, outperforming its benchmark index (the MSCI Emerging Markets Index) over many periods. About half the trust is currently invested in information technology and financials make up about 20%. Nearly 90% of the money is invested in Asia with Latin America also featuring.
This is seen as a safe pair of hands in a volatile sector. (Safe in terms of well managed and looked after – not safe in terms of not going up and down a lot with markets – this will be a volatile trust!)
Templeton Emerging Markets Investment Trust (TEMIT)
How has TEMIT performed?
1-year Cumulative Performance | 3-year Cumulative Performance | 5-year Cumulative Performance | 10-year Cumulative Performance |
64.6% | 137.9% | 99.1% | 264.2% |
All data herein is sourced from FE fundinfo and is correct as at end August 2026. Boring Money is not responsible for any data discrepancies.
Why look at it now?
TEMIT is an inexpensive way into what could be the next growth story. Emerging markets are at their deepest discount to developed markets in over 20 years, yet their earnings are growing as fast as the US's. TEMIT's active, locally based team has turned that into a big lead over the index: 64.6% over the past year against 38.8%.
What is the risk rating for TEMIT?
We rank this at 5/5 on our For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE 100 would clock in as 4 chillies. Anything very volatile and spicy is a 5..
A country with an economy considered to be at an earlier stage of development than a more established country - e.g. India compared to the USA. sit high on the risk scale. On top of normal stock market ups and downs, you take on currency swings, political and governance risk, and the chance that a single country or company has an outsized effect. TEMIT's largest holding alone is a meaningful chunk of the portfolio, so concentration is a significant consideration. Best held for the long term as part of a The process of spreading your investment portfolio across different asset classes, such as partially in shares and partially in bonds, in order to reduce risk.portfolio.
What regions does TEMIT invest in?
Geography: Taiwan 28.0% | South Korea 26.2% | China 21.3% | India 8.3% | Brazil 6.6% | South Africa 2.8% | Mexico 2% | United States 1.8% | Others 6.3%
What sectors does TEMIT invest in?
Led by technology, particularly semiconductors, alongside financials and consumer names.
What are the top holdings?
TEMIT is heavily concentrated in Asian technology. Its top three holdings, Taiwan Semiconductor (nearly 18%), Samsung Electronics and SK Hynix, are all chipmakers and together make up over a third of the portfolio. That top-three concentration (about 36.5% in three semiconductor stocks) is the standout fact. Beyond that, it spreads across Chinese names like BYD, Tencent and Alibaba, Indian banks such as ICICI and HDFC, and Latin American names including Banorte, Itau and Vale.
Top 10 holdings | Weight |
TSCM | 18.2% |
Samsung Electronics | 9.4% |
SK Hynix Inc | 9.0% |
Mediatek Inc | 3.5% |
Byd Co | 2.9% |
Prosus NV | 2.5% |
Icici Bank | 2.4% |
Lite-On Technology Corp | 2.4% |
Hon Hai Precision Industry Co | 2.2% |
Wuxi Biologics Cayman Inc | 2.1% |
Top 10 holdings | Weight |
TSCM | 18.2% |
Samsung Electronics | 9.4% |
SK Hynix Inc | 9.0% |
Mediatek Inc | 3.5% |
Byd Co | 2.9% |
Prosus NV | 2.5% |
Icici Bank | 2.4% |
Lite-On Technology Corp | 2.4% |
Hon Hai Precision Industry Co | 2.2% |
Wuxi Biologics Cayman Inc | 2.1% |
Source: Templeton Emerging Markets Investment Trust as at 31/08/2026
What are the key facts?
- Ticker: TEM (London Stock Exchange)
- ISIN: GB00BKPG0S09
- AIC sector: Global Emerging Markets
- Manager: Franklin Templeton (lead manager Chetan Sehgal)
- Benchmark: MSCI Emerging Markets Index
- Gearing: May borrow up to 20% of net assets
- Gross assets: £3.18 billion
- Ongoing charge: 0.74%
- Dividend yield: 1.89%
- Discount or premium to NAV: -5.94%
- Number of holdings: 87
Source: Templeton Emerging Markets Investment Trust as at 31/08/2026
Templeton Emerging Markets Investment Trust (TEMIT)
