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31.07.2020

[email protected] www.franklintempleton.com.hk

*

*

5 ( ) (%)

A

70

90

110

130

150

170

( ) 593

25.10.2005

50

*

07/15 01/16 07/16 01/17 07/17 01/18 07/18 01/19 07/19 01/20 07/20

( ) (%)

3 1 3 5 10

A 22.21 -1.63 11.19 22.65 60.54 19.87 105.83

18.95 1.49 10.57 21.15 51.01 39.92 206.68

()(" ")

( ) (%)

2019 2018 2017 2016 2015

A 28.03 -14.81 46.19 14.09 -15.8123.11 -13.25 42.04 12.37 -13.25

*

Chetan Sehgal, CFA:

* ( %)

TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD 11.08ALIBABA GROUP HOLDING LTD 10.31TENCENT HOLDINGS LTD 9.78LUKOIL PJSC 4.74SBERBANK OF RUSSIA PJSC 4.00NASPERS LTD 3.24CHINA MERCHANTS BANK CO LTD 3.16B3 SA - BRASIL BOLSA BALCAO 3.03BRILLIANCE CHINA AUTOMOTIVE HOLDINGS LTD 3.01VALE SA 2.98

12 13.74x1.71x5.82x2.96%

(5 ) 19.64%

- A

Morningstar *:

*

%97.122.88

(%) (%) (%) (%) (%) ISINA 25.10.2005 20.58 2.44 5.00 1.60 0.50 LU0229945570A 25.10.2005 21.14 2.43 5.00 1.60 0.50 LU0229946628A 30.09.2010 11.21 2.47 5.00 1.60 0.50 LU0543330566B 25.10.2005 17.02 3.74 1.60 0.75 1.06 LU0229945737

31.07.2020

*

Copyright © 2020 www.franklintempleton.com.hk

*

%49.11 / 71.2912.92 / 9.4212.37 / 0.0010.16 / 5.177.80 / 14.123.24 / 0.001.51 / 0.002.88 / 0.00

%21.28 / 6.2621.18 / 17.3819.56 / 25.5616.21 / 16.777.72 / 5.207.23 / 7.741.83 / 5.081.48 / 5.940.62 / 4.530.00 / 5.542.88 / 0.00

( ) %<2.0 5.802.0-5.0 6.545.0-10.0 7.9510.0-25.0 13.5025.0-50.0 13.99>50.0 52.22

( )

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: Copyright © Morningstar, Inc. (1) Morningstar, Inc. (2) (3)

CFA® Chartered Financial Analyst®: Copyright © Morningstar, Inc. (1) Morningstar, Inc. (2) (3)

:

:

/ 100%

姿斌雌涼碍踊

布利告燐釗父曇東雌嬉銀 –

釗父曇森郷始怯嬉銀

皃講刃？布利告燐釗父曇東雌〔亠秋〕湧個効嗣

• 凡碍踊汀僑凡嬉銀適叔踊雌涼．

• 凡碍踊制錏啅丙倦適溢楓噴．

• 醒尤喃憮凡碍踊咋東雌穴底．

雌涼娩觀

緩痢効嗣？Franklin Templeton International Services S.à r.l.

東雌絛痢？布利告燐釗父曇東雌 (亠秋) 湧個効嗣, 鴻甲〔乳楓尉

濁〕

噴絛痢？ Templeton Asset Management Ltd., 森嘉垉〔乳楓尉

濁〕

尊緩刃: J.P. Morgan Bank Luxembourg S.A.

嬉銀過弊？柊厳

坂星捻奴習訣入？6倹30入

侯為瓶湊艇奴？戾呼鴻甲嘶曲入

塞偵東雌掛？1,000柊厳 [受治]宮500柊厳 [存悟戾治禰酵]袷筒‣

繕捻絛擾政貝斯疲葎#:

A (令蚕) 歔厳？2.46%

A (令蚕) 甲厳？2. 46%

A (令蚕) 柊厳？ 2.46%

B (令蚕) 柊厳？3.77%

N (令蚕) 柊厳？2.97% #絛擾政貝斯疲葎制混擅戰詞2019捻12倹31入適叛捻奴坂無宝穀警蚕・戾捻錦夏膿湧曙斟堂．

破束星錯？菰束〔韮湧〕哉東雌・償樋革仮甥真醒豹殻宙凋迷．修図膚拷忍価烹励宮烹貴踊泣仮・凡嬉銀夏司羊錫条槲裕凡嬉銀適雌凡袷裕綯畋尿宙斯手菰束・導滋甥～徘凡嬉銀適雌凡宙起尿～斯夫凡嬉銀適繕楓袷楓噴非羊宮貝斯・位遅凡嬉銀羊甥斯夫菰束適夏噴培畋尿夋嘉・引今・凡嬉銀夏寞在丞徘雌凡宙斯夫菰束．絛譛竿偐侍占斐旬宮陶蚊喉東雌車皃述埠庄甥溢呼倹適侍占栂弛・凡嬉銀夏拾蹄骸筒破束星錯．忍価菰束噴破弱慎宮裕凡嬉銀適雌凡宙斯手菰束袷寞在丞裕凡嬉銀適雌凡宙斯手菰束〔詩古条狭自底〕・夏撞遅戾菰雌姿淅‣捉滋玄庄．

布利告燐釗父曇東雌嬉銀 - 釗父曇森郷始怯嬉銀 1

塞悟校森？ 2020捻4倹


凡嬉銀制腎庠姿斌゛

凡嬉銀位午悴嬉銀恵鴫訴整・罪蘯浸塋整掠・寿 Commission de Surveillance du Secteur Financier竿緩．

東雌勿漂宮星錯

釗父曇森郷始怯嬉銀〔“凡嬉銀”〕遅倫甥宙棄詞鳥棄寞舷東雌夋‣．

凡嬉銀守踊〔捉凡嬉銀塞庄参噴嚢弐適淅雌姿〕東雌甥？

• 偉甥播誓，我裸旨，員奴袷宙圓〔報渇鴻甲歪第炒〕〔“森郷始怯”〕袷守踊罪今筒圓科絛嘶曲無適忍価貴妄適効嗣皃講嚢菰評譛喧．

罪禿珠適志嬢条狭仮〔励韮桐奴琶堂〕宮但罪隣滋嬉租丞・凡嬉銀塞剛奪100%適淅雌姿罪肱虜蕩蕗隱噴燦適幻息仮・夏東雌甥琉堂雌姿．

罪募女適条狭仮・凡嬉銀夏東雌甥？

• 忍価圓科忍価貴妄嚢効嗣皃講適菰評袷再無譛喧・報渇忍価存太森郷志嬢．

• 過弊志嬢巷虞．

• 宙圓A菰〔陶蚊滾甲栂宮～袷疹甲栂〕宮宙圓B菰〔個甥凡嬉銀雌姿淅‣適10%〕．

咋異塞巣沈折東雌甥播誓，我裸旨，員奴歪宙圓菰評志嬢適毅洪嚢溢・東雌嗇鯛荏羊疹尿適坂無噴積・簔銭糟唇虞微痢掃鳥棄夋‣毅偐適

呼蔑譛喧．

荏羊洫精巷虞～東雌洫精巷虞

凡嬉銀適洫精巷虞蕗隱招拜淅掛夏奪詞凡嬉銀雌姿淅‣適50%．

凡嬉銀湧唅叉守踊蕗隱゛

東雌慎宮蕗隱・醒雙援錏啅丙倦・僚塊蕗隱引蘇筒雌涼．

• 志嬢蕗隱？裕甥寿呼蔑皃講毅洪，譛喧志嬢乳禿底講曲袷絵蔑適引蘇袷溢販志狭曳驚・凡嬉銀曙次譛喧適志嬢儉‣夏哨夏跋・湧滋

校夏膿述舷朽属袷矛烹幼警適哨跋．疇譛喧志嬢埠渓汕・汰呼雌姿伶蔑〔報渇導溢雌姿伶蔑適埠導絵蔑〕適儉‣夏膿導滋仮跋．導

橄恥・疇志嬢豹舷遼孝・夜埠膿鋪譛凡嬉銀曙次湧適譛喧對寿悴．引異凡嬉銀次湧適譛喧儉殻位丞峻法鴫琶堂・凡嬉銀適儉‣偐丞

哨宮仮跋・夏膿尠東雌車湧埠履曳驚．

• 菰評蕗隱？菰評宮菰評湧闥適譛喧夏膿寿汰高絛濬，星璽，志嬢宮皃講毅洪糟闥適禿底引蘇曳驚自述舷叔醍儉殻斟堂．埠和皃講毅

洪適獸禿豹舷・骸筒斟堂夏尠菰評儉‣湧埠履適曳驚．今害・埠導適講曲，銀予志嬢宮譛喧偐引懈骸筒斟堂自湧埠導適超晴．凡嬉

銀儉‣適骸筒琶福汰甥箪棄乳嘉撃．銀予志嬢据征〔報渇有虜袷寞在倶講髟継室敕〕又湧夏膿側整譛喧儉殻醍福琶堂．凡嬉銀夏膿

引今寿蕩埠履曳驚．

• 森郷志嬢蕗隱？凡嬉銀夏東雌甥袷雙舍森郷志嬢・夏膿慎宮東雌甥閣皃奪志嬢溢販埠偐撫幄適校汰蕗隱宮禿蔑肱虜引蘇．東雌甥森

郷志嬢適蕗隱夏尠凡嬉銀湧埠履曳驚宮～袷撞遅凡嬉銀招寿叔醍遜室・存夏膿報渇？琉堂政蕗隱，過弊蕗隱～緩姓，星璽宮絛濬埠

覚底政，烹立宮隻無蕗隱，訣蚕蕗隱，濁緩蕗隱宮撃廉琶堂適夏膿政．


• 害弊蕗隱？凡嬉銀栂擾醍領東雌甥位凡嬉銀宝儉過弊位害適存太過弊底‣適譛喧・夏膿例骸筒東雌招寿匳葎斟堂宮害匳緩姓貴励適

曳驚．害琡兢舷葎適琶堂夏膿尠凡嬉銀適儉‣洪整赴摸曳驚・又夏曳驚凡嬉銀贄涜適畋尿宮凡嬉銀適寞在履純舍蚓遜．今害・位埠

導甥凡嬉銀宝儉過弊適過弊〔『吧溢夏銭擘過弊』〕警‣適菰伋伶蔑適綯壊宝・夏膿引凡嬉銀宝儉過弊舍吧溢夏銭擘過弊嚢関適匳

葎斟堂自寿蕩牲摸袷赴摸曳驚．

• 琉堂政蕗隱？凡嬉銀夏膿裕甥志狭偵鳴袷儉‣仮跋袷存東雌嚢皃講毅洪適唇讌惠何・自二位述啅譛喧．凡嬉銀矛烹述啅譛喧袷次壮

又夏膿曳驚凡嬉銀宮滋游俗赭壊醒泣適膿倫．弱患譛喧又夏膿引侯為志嬢湧個袷拷訳個姓轎啅自罌傍琉堂政．裕骸筒引蘇淫遅適琉

堂政香偵夏膿尠凡嬉銀適雌姿淅‣湧埠遼適曳驚．

• 卅郁志嬢蕗隱？凡嬉銀什宙甥森郷始怯圓科・糟尠歳手閣汰厳何星錯嚢嬉銀・凡嬉銀夏膿招寿閣剛琶福．凡嬉銀適儉‣夏膿閣揚為

寿曳驚森郷始怯圓科適埠履絛濬，星璽，星錯，害匳，琉堂政，隻無，烹立袷竿緩侍倦曙曳驚・宮夏膿尠凡嬉銀～東雌車湧埠履曳

驚．

• 樋貴緩志嬢蕗隱？凡嬉銀東雌適楓噴志嬢裕甥存絛濬，烹立袷貴緩河洪自埠膚拷雌殻整異寿竿緩志嬢・例凡嬉銀閣但東雌甥貴緩志

嬢適嬉銀招寿校醍貴緩蕗隱．凡嬉銀夏膿引今寿蕩埠履曳驚．

• 儉‣菰蕗隱？凡嬉銀歳手裕仮自丞，鳥羨，儉‣守撞適法烹簔銭菰評・湧毅偐乱悟甥存太銭菰法烹．僲志嬢巳膿寞舷存幼棄儉‣・

東雌湧毅偐乱悟甥存太銭菰法烹・宮夏膿尠凡嬉銀～東雌車湧埠履曳驚．

• 破束星錯蕗隱？凡嬉銀嚢破束星錯咽鋸裕雌凡宙斯手菰束袷寞在丞裕雌凡宙斯手菰束．僲弱韮今講侍・筒甥隊間袷手壊東雌車嚢楓

噴幻東雌汗高袷忍価歿乢甥幻東雌汗高適雌凡畋悦．忍価菰束噴破弱慎宮裕凡嬉銀適雌凡宙斯手菰束袷寞在丞裕凡嬉銀適雌凡宙斯

手菰束〔詩古条狭自底〕・夏撞遅戾菰雌姿淅‣捉滋玄庄．

• 侯為尠殊蕗隱？凡嬉銀夏膿招寿存侯為尠殊曙幄儘適唇逮～医訳蕗隱・宮夏膿尠凡嬉銀～東雌車湧埠履曳驚．

• 宙圓志嬢蕗隱？凡嬉銀図招寿宙圓志嬢蕗隱・宮凡嬉銀適儉‣揚為寿蕩曳驚宙圓志嬢適赴摸絛濬，星璽，星錯，害匳，琉堂政，隻

無，烹立袷竿緩侍倦曳驚．凡嬉銀適儉‣宮豹舷夏膿引今寿蕩埠履曳驚．

• 宙圓箪羨侯為履純貴息蕗隱？混擅宙圓烹立，貴息宮貴励・韮〔a〕凡嬉銀次湧宙圓丞志効嗣適菰槲銚蚊糟闥宙蝦栂守緩疇極埠滋

貴底適個掛〔b〕賠尿侯為悟適禄呼倹凪咋述糟懈適賽述侯為〔帆嚢又禅〕・自『箪羨侯為履純貴息』夏膿踊泣凡嬉銀朋帰袷便間

賠賽骸宙圓丞志効嗣適宙蝦栂譛喧姿精適忍価畋悦．混擅宙圓適務侍遡詔艇恕・溢淡骸宙圓丞志効嗣咋述真桜・凡嬉銀適雌姿夏膿

費唐訣．矛烹述啅骸筒雌姿宮便間畋悦適忍価跡忍錦夏膿尠凡嬉銀適豹舷側整埠履曳驚．

• 我裸旨宮梼歔志嬢蕗隱？今筒志嬢慎宮禿底蕗隱・報渇星璽，絛濬，烹立，過弊歪隻無蕗隱・位宮舍譛喧鋪緩湧闥適蕗隱．凡嬉銀

夏膿引今寿蕩埠履曳驚．

• 滾甲栂宮疹甲栂蕗隱？湧闥滾甲栂宮疹甲栂適貴息宮貴励袷偐斟校・叶湧闥斟校夏膿虞湧痛溲敕倫．滾甲栂宮疹甲栂寿掛奴個姓．

韮陶蚊骸警各適侯為仕剃・凡嬉銀陶蚊骸警各東雌甥宙圓A菰袷震尿宙圓志嬢適膿倫對寿蕩埠履適曳驚．罪骸条狭仮・凡嬉銀奪遅

存東雌勿漂適膿倫夏膿寿蕩赴摸曳驚．


• 洫精巷虞蕗隱？洫精巷虞適東雌慎宮整凡・又夏膿閣琶堂・閉夏膿慎宮槎梏敕懈．閣尚適志嬢琶堂夏膿側整糟尠醍適曳驚・袷偐例

凡嬉銀招寿叔醍遜室．存太蕗隱報渇侯為尠殊～唇逮蕗隱，琉堂政蕗隱，佝‣蕗隱，琶堂政蕗隱宮嬢害侯為志嬢侯為蕗隱．罪埠履

適志狭仮・凡嬉銀司羊洫精巷虞夏膿偐側整室敕・引自例凡嬉銀木寿叔醍遜室．

凡嬉銀蚊押適曲責豹舷韮価゛

• 押責閉樋幼速入悟曲責豹舷適孜漂．東雌車巳筆膿手壊繕楓東雌凡銀．

• 嬉銀曲責豹舷位鍊捻迄適雌姿淅‣咋異疲閣嬉租・菰束偐滲尊哉咋東雌．

• 丞峻斃擅顱耳A〔令蚕〕柊厳伶菰伋綯‣罪湧闥鍊捻乳適哨跋福奴．A〔令蚕〕柊厳伶菰伋制凡嬉銀甥鴻甲皃啅適菰伋伶蔑宙鍊四塞

揖休適．曲責豹舷位柊厳警蚕・疇宙帆栄述嬉銀適次纐非羊・辰埠報渇嬉銀夏膿喉革仮畋手適禰酵非宮赭壊非．

• 嬉銀皃講入: 2005捻10倹25入

• A (令蚕) 柊厳伶菰伋皃講入: 2005捻10倹25入

凡嬉銀湧庇汀僑鋪譛゛

凡嬉銀閉埠汀僑忍価鋪譛．革仮巳筆膿手壊東雌凡銀．


東雌凡嬉銀慎宮唅叉非羊宮畋非゛

革仮袷図纑夫適畋非

凡嬉銀菰伋侯為袷図纑夫位仮非羊．

A 伶菰伋 B 伶菰伋 N 伶菰伋

禰酵非 (袷受治禰酵非羊) 塞剛異禰酵銀掛適

埠溺羊塞剛異禰酵銀掛適

轎柑非 (袷轎柑非羊)* 轎柑菰伋適儉‣適

埠溺羊埠溺羊

赭壊非 (袷赭壊非羊) 埠溺羊埠溺羊

凡嬉銀次纐纑夫適非羊

位仮畋非對徘凡嬉銀綯‣宙扠償・革仮適東雌壊宝對偐引自玄庄．

捻葎 (凡嬉銀雌姿淅‣適俵噴斃)

A 伶菰伋** B 伶菰伋*** N 伶菰伋**

緩痢非 (袷東雌緩痢非)*

尊緩非塞剛

曲責豹舷非埠溺羊埠溺羊埠溺羊

講星非埠溺羊埠溺羊埠溺羊

胃次非*

腹無非埠溺羊埠溺羊

賭起宮蚊顧，効嗣，顧脊宮講星大痢非 +

拡呼伶蔑睡柄嚢菰伋次湧刃顧后嚢孤底銀掛非羊

戾捻塞剛30柊厳



*陶蚊喉菰伋次湧刃皃述溢呼倹適侍占栂弛・舷滋適畋非睡柄夏汀剛詞凡嬉銀嚢訴整丙倦曙咽鋸適塞剛睡柄．

**戾捻緩痢非・韮嬉銀絕迷藷曙底誼・報渇緩痢非〔東雌緩痢非〕宮胃次非．

***戾捻緩痢非・韮嬉銀絕迷藷曙底誼・報渇緩痢非〔東雌緩痢非〕，胃次非宮腹無非．

存太非羊

凡嬉銀菰伋侯為袷図纑夫存太非羊宮畋非．


存太雌迅

• 罪侯為戰氏滋関捉鴻甲滋関仮吾始滋袷嚢漸絛鴻甲大豹〔捉布利告燐釗父曇東雌〔亠秋〕湧個効嗣〕畋打適禰酵宮赭壊踊泣・溢販

案邂悟釟底適菰伋儉殻嫉講．楓噴宙解刃袷偐節底閣巣適侯為戰氏滋関．

• 凡嬉銀罪戾溢嘶曲入警蚕嚢雌姿淅‣宮効怖菰伋儉殻・夏陶蚊位仮蒙竝 www.franklintempleton.com.hk 穫手．

• 湧闥塞吟戎弐呼倹適菰束訴整〔捉徘〔i〕夏噴培淅畋尿宮〔ii〕雌凡宙噴破適糟尠斃掛〕・夏喉鴻甲大豹桜手・又夏陶蚊位仮蒙竝

www.franklintempleton.com.hk 穫手．

• 東雌車夏甥鴻甲大豹嚢蒙竝 www.franklintempleton.com.hk手涜存太喉鴻甲東雌車錏啅適菰伋伶蔑嚢蚊押曲責雌涼．

• 東雌車夏遅吐 (852) 2877-7733 連酪鴻甲大豹袷瀛觀鴻甲大豹嚢蒙竝www.franklintempleton.com.hk手涜宙解刃適雌涼．

• 丞峻蒙竝閉巳異鴻甲譛喧宮棄過侍無竿撮尉姻偐〔譛竿偐〕慎援．

叔踊汀耳

革仮韮湧義紋・懈賜誂尓曲易賢．

譛竿偐尠凡碍踊適乳揚閉埠招拜忍価跡忍・尠存盾覚政袷寛晴政又埠咋述忍価墜峻．

Franklin Templeton Investment Funds

Templeton BRIC FundEmerging Markets

Equity31.07.2020

Fund Fact Sheet

E-Mail Web

[email protected] www.franklintempleton.com.hk

For the source and calculation basis of Fund information, please refer to the *Explanatory Notes section.

Risk ConsiderationsTempleton BRIC Fund invests primarily in equity securities of companies in Brazil, Russia, India or China (including Hong

Kong and Taiwan).The Fund is subject to market risk, equity risk, emerging markets risk, foreign currency risk, liquidity risk, regional market risk,

non-regulated markets risk, value stocks risk and counterparty risk.Emerging markets may involve increased risks and special considerations not typically associated with investment in more

developed markets. The risks of investing in emerging markets, which can adversely affect and/or result in a substantial loss tothe Fund, may include: liquidity risks, currency risks/control, political and economic uncertainties, legal and taxation risks,settlement risks, custody risk and the likelihood of a high degree of volatility.Some markets that the Fund invests in do not qualify as regulated due to their economic, legal, or regulatory structure,

exposing the Fund to greater regulatory risk compared to funds that invest only in regulated market(s). The Fund may beadversely affected as a result.The Fund may at its discretion pay dividends out of the capital or out of gross income of the Fund while paying all or part of

the Fund s fees and expenses out of the capital of the Fund, which results in effectively paying dividends out of capital.Payment of dividends out of capital amounts to a return or withdrawal of part of an investor s original investment or from anycapital gains attributable to that original investment. Any distributions involving payment of dividends out of the Fund s capital orpayment of dividends effectively out of the Fund s capital (as the case may be) may result in an immediate reduction of the netasset value per share.Investment involves risks which may result in loss of part or entire amount of your investment. Before you decide to invest,

you should make sure the intermediary has explained to you that the Fund is suitable to you. Investors should not only base onthis marketing material alone to make investment decisions.

Performance*

Performance over 5 Years in Share Class Currency (%)

Templeton BRIC Fund A (acc) USD

70

90

110

130

150

170

Fund Overview

Base Currency for Fund USD

Total Net Assets (USD) 593 million

Fund Inception Date 25.10.2005

Number of Issuers 50

Benchmark MSCI BRIC Index

Morningstar Category * BRIC Equity

07/15 01/16 07/16 01/17 07/17 01/18 07/18 01/19 07/19 01/20 07/20

Performance in Share Class Currency (%)

Cumulative3 Mths YTD 1 Yr 3 Yrs 5 Yrs 10 Yrs Since Incept

A (acc) USD 22.21 -1.63 11.19 22.65 60.54 19.87 105.83

Benchmark in USD 18.95 1.49 10.57 21.15 51.01 39.92 206.68

Summary of Investment Objective

The Fund aims to achieve long-term capital appreciationby investing primarily in equity securities of companiesorganised under the laws of or having their principal officein Brazil, Russia, India and China (including Hong Kongand Taiwan) (BRIC), as well as in companies that derivethe principal portion of their revenues or profits from BRICeconomies, or have the principal portion of their assetsthere.

Calendar Year Performance in Share Class Currency (%)

2019 2018 2017 2016 2015

A (acc) USD 28.03 -14.81 46.19 14.09 -15.81Benchmark in USD 23.11 -13.25 42.04 12.37 -13.25

Fund Management*

Chetan Sehgal, CFA: Singapore

Top Ten Holdings (% of Total)

Issuer NameTAIWAN SEMICONDUCTOR MANUFACTURING CO LTD 11.08ALIBABA GROUP HOLDING LTD 10.31TENCENT HOLDINGS LTD 9.78LUKOIL PJSC 4.74SBERBANK OF RUSSIA PJSC 4.00NASPERS LTD 3.24CHINA MERCHANTS BANK CO LTD 3.16B3 SA - BRASIL BOLSA BALCAO 3.03BRILLIANCE CHINA AUTOMOTIVE HOLDINGS LTD 3.01VALE SA 2.98

Fund MeasuresPrice to Earnings (12-moTrailing)

13.74x

Price to Book 1.71xPrice to Cash Flow 5.82xDividend Yield 2.96%Standard Deviation (5 Yrs) 19.64%

Ratings - A (acc) USD

Overall Morningstar Rating *:

Asset Allocation*

%Equity 97.12Cash & Cash Equivalents 2.88

Offering Documents

Share Class Information

Fees Dividends Fund Identifiers

Share Class Incept Date NAV TER (%)Max. SalesCharge (%)

Mgmt.Fee (%)

Max. Maint.Charge (%)

Max. Serv.Charge (%)

Last PaidDate

Last PaidAmount ISIN

A (acc) USD 25.10.2005 USD 20.58 2.44 5.00 1.60 0.50 N/A N/A N/A LU0229945570A (acc) EUR 25.10.2005 EUR 21.14 2.43 5.00 1.60 0.50 N/A N/A N/A LU0229946628A (acc) HKD 30.09.2010 HKD 11.21 2.47 5.00 1.60 0.50 N/A N/A N/A LU0543330566B (acc) USD 25.10.2005 USD 17.02 3.74 N/A 1.60 0.75 1.06 N/A N/A LU0229945737

Templeton BRIC Fund 31.07.2020

For the source and calculation basis of Fund information, please refer to the *Explanatory Notes section.

© 2020. Franklin Templeton. All rights reserved. www.franklintempleton.com.hk

Composition of Fund*Templeton BRIC Fund MSCI BRIC Index

Geographic % of TotalChina 49.11 / 71.29Brazil 12.92 / 9.42Taiwan 12.37 / 0.00Russia 10.16 / 5.17India 7.80 / 14.12South Africa 3.24 / 0.00United States 1.51 / 0.00Cash & Cash Equivalents 2.88 / 0.00

Sector % of TotalInformation Technology 21.28 / 6.26Financials 21.18 / 17.38Consumer Discretionary 19.56 / 25.56Communication Services 16.21 / 16.77Materials 7.72 / 5.20Energy 7.23 / 7.74Health Care 1.83 / 5.08Consumer Staples 1.48 / 5.94Industrials 0.62 / 4.53Others 0.00 / 5.54Cash & Cash Equivalents 2.88 / 0.00

Market Capitalisation Breakdown in USD % of Equity<2.0 Billion 5.802.0-5.0 Billion 6.545.0-10.0 Billion 7.9510.0-25.0 Billion 13.5025.0-50.0 Billion 13.99>50.0 Billion 52.22

Important InformationUnless stated otherwise, all information is as of the publishing date of this document. Source: Franklin Templeton.Franklin Templeton Investments (Asia) Limited is the issuer of this document. This document is neither an offer nor solicitation to purchase shares of the fund; applications for shares may only bemade on forms of application available with the Offering Documents. Investments are subject to investment risks, fund value may go up as well as down and past performance is not an indicatoror a guarantee of future performance. The investment returns are denominated in fund currency. Investors investing in funds denominated in non-local currency should be aware of the risk ofexchange rate fluctuations that may cause a loss of principal. Investors should read carefully the Offering Documents (including the section 'Risk Considerations') for the relevant risks associatedwith the investment in the fund before investing. Distribution of this document may be restricted in certain jurisdictions. This document does not constitute the distribution of any information or themaking of any offer or solicitation by anyone in any jurisdiction in which such distribution or offer is not authorized or to any person to whom it is unlawful to distribute such a report or make suchan offer or solicitation. This document has not been reviewed by the Securities and Futures Commission of Hong Kong.

*Explanatory Notes

Performance: Performance information is based on the stated share class only, in Fund Currency, NAV to NAV, taking into account of dividend reinvestments and capital gain or loss.When performance for either the portfolio or its benchmark has been converted, different foreign exchange closing rates may be used between the portfolio and its benchmark.All MSCI data is provided as is. The Fund described herein is not sponsored or endorsed by MSCI. In no event shall MSCI, its affiliates or any MSCI data provider have any liability of any kindin connection with the MSCI data or the Fund described herein. Copying or redistributing the MSCI data is strictly prohibited.Morningstar Category : Copyright © Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not becopied or distributed; and (3) is provided for reference purposes only. Past performance is not an indicator or a guarantee of future performance.Fund Management: In the case of portfolio managers who are CFA Charterholders, CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.Ratings: Copyright © 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 provided for reference purposes only. Past performance is not an indicator or a guarantee of future performance.When performance for either the portfolio or its benchmark has been converted, different foreign exchange closing rates may be used between the portfolio and its benchmark.Top 10 Holdings: These securities do not represent all of the securities purchased, sold or recommended for clients, and the reader should not assume that investment in the securities listedwas or will be profitable. The portfolio manager for the Fund reserves the right to withhold release of information with respect to holdings that would otherwise be included in the top holdings list.Dividend Yield: Reported as a weighted average to reflect the proportion of the portfolio each stock holding represents. This is the ratio of a stock s dividend per share to the month end marketprice.The dividend yield quoted here is the yield on securities within the Portfolio and should not be used as an indication of the income received from this portfolio.Asset Allocation/Composition of Fund: Due to rounding, the sum of portfolio may not equal 100%.

Product Key Facts

Franklin Templeton Investment Funds –

Templeton BRIC Fund

Issuer: Franklin Templeton Investments (Asia) Limited Last updated: April 2020

• This statement provides you with key information about this product.

• This statement is a part of the offering document.

• You should not invest in this product based on this statement alone.

Quick facts

Management company: Franklin Templeton International

Services S.à r.l.

Investment manager(s): Franklin Templeton Investments (Asia)

Limited, Hong Kong (internal delegation)

Sub-manager(s): Templeton Asset Management Ltd.,

Singapore (internal delegation)

Depositary: J.P. Morgan Bank Luxembourg S.A.

Base currency: USD

Financial year end of this Fund: 30 June

Dealing frequency: Every Hong Kong Business Day

Minimum Investment: USD 1,000 [initial] and USD 500

[subsequent purchases] or equivalent

Ongoing charges over a year#:

Class A (acc) EUR: 2.46%

Class A (acc) HKD: 2.46%

Class A (acc) USD: 2.46%

Class B (acc) USD: 3.77%

Class N (acc) USD: 2.97%

#The ongoing charges figures are based on the semi-annual financial statements for the period ended 31 December 2019. These figures may vary from year to year.

Dividend policy: Dividends, if declared, will be reinvested unless

indicated by you in the application form to be paid out. Subject to

any legal and regulatory requirements, the Fund may at its

discretion pay dividends out of the capital or out of gross income

of the Fund while charging / paying all or part of the Fund’s fees

and expenses to / out of the capital of the Fund, which results in

an increase in distributable income for the payment of dividends

by the Fund and therefore, the Fund may effectively pay dividends

out of capital. The Fund may amend such distribution policy

subject to the SFC’s prior approval and by giving not less than one

month’s prior notice to investors. Any distributions involving

payment of dividends out of the Fund’s capital or payment of

dividends effectively out of the Fund’s capital (as the case may be)

may result in an immediate reduction of the net asset value per

share.

What is this product?

This is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is Commission de

Surveillance du Secteur Financier.

Investment Objective and Policy

Templeton BRIC Fund (the “Fund”) aims to increase the value of its investments over the medium to long term.

The Fund invests primarily (that is, at least two-thirds of the Fund’s net assets) in:

• equity securities issued by companies of any size located in, or doing significant business in, Brazil, Russia, India or China

(including Hong Kong and Taiwan) (BRIC)

Franklin Templeton Investment Funds - Templeton BRIC Fund 1


In exceptional market circumstances (such as extreme volatility) and on a temporary basis only, 100% of the Fund’s net assets may

be invested in liquid assets, with due regard to the principle of risk spreading.

The Fund can invest on an ancillary basis in:

• equity or debt securities issued by companies of any size located in any country, including any other emerging markets

• money market instruments

• China A-Shares (through Shanghai-Hong Kong Stock Connect and/or Shenzhen-Hong Kong Stock Connect) and China B-

Shares (limited to 10% of the Fund’s net assets)

As one of the pioneers of investing directly in the stock markets of Brazil, Russia, India and China, the investment team uses in-depth

financial analysis to select individual securities that it believes will provide the best opportunities for increased value over the long

term.

Use of derivatives / investment in derivatives

The Fund’s net derivative exposure may be up to 50% of the Fund’s net asset value.

What are the key risks?

Investment involves risks. Please refer to the offering document for details including the risk factors.

• Market risk: The market values of securities owned by the Fund will tend to go up or down, sometimes rapidly or

unpredictably, due to factors affecting individual issuers, particular industries or sectors within securities markets, or because of

general market conditions. During a general downturn in the securities markets, multiple asset classes (including different

sectors of the same asset class) may decline in value at the same time. Similarly, when markets perform well, there can be no

assurance that securities held by the Fund will participate in the advance. Because the securities the Fund holds fluctuate in

price in this manner, the Fund’s value may go down as well as up and investors may be adversely affected.

• Equity risk: Equity and equity-linked securities are subject to significant price movements due to various economic, political,

market and issuer-specific factors. Such changes may adversely affect the value of equities regardless of issuer-specific

performance. Additionally, different industries, financial markets and securities can react differently to these changes. Such

fluctuations of the Fund’s value are often exacerbated in the short-term. Financial markets trends (including feared or actual

failures in the banking system) may also cause large fluctuations in the prices of such securities. As a result, the Fund may be

adversely affected.

• Emerging markets risk: The Fund may invest in, or be exposed to, emerging markets, which may involve increased risks and

special considerations not typically associated with investment in more developed markets. The risks of investing in emerging

markets, which can adversely affect and/or result in a substantial loss to the Fund, may include: liquidity risks, currency

risks/control, political and economic uncertainties, legal and taxation risks, settlement risks, custody risk and the likelihood of a

high degree of volatility.

• Foreign currency risk: The Fund will typically invest to a significant degree in securities that are denominated in currencies

other than the base currency of the Fund, exposing its investments to changes in foreign exchange rates and the possibility of

exchange control regulations. Changes in currency exchange rates may adversely affect the value of the Fund, and also may

affect the income earned by the Fund and gains and losses realized by the Fund. Furthermore, the total return for a share

class that is denominated in a different currency (the “alternative currency”) from the base currency of the Fund may be

affected, either positively or negatively, by changes in the exchange rate between the Fund’s base currency and the alternative

currency.

• Liquidity risk: The Fund may not be able to easily sell securities due to adverse market conditions or reduced value or

creditworthiness of issuers in which it invests. The inability of the Fund to sell securities or positions may also impede the ability

of the Fund to meet redemption requests in a timely manner. Certain securities may also be illiquid due to limited trading


markets or contractual restrictions on their resale. Reduced liquidity due to these factors may have an adverse impact on the

net asset value of the Fund.

• Regional market risk: By being concentrated in the BRIC countries, the Fund could suffer greater volatility compared to funds

that follow a more diversified policy. The value of the Fund may be more susceptible to adverse economic, political, policy,

foreign exchange, liquidity, tax, legal or regulatory events affecting the BRIC countries and the Fund/investors may be

adversely impacted.

• Non-regulated markets risk: Some markets that the Fund invests in do not qualify as regulated due to their economic, legal,

or regulatory structure, exposing the Fund to greater regulatory risk compared to funds that invest only in regulated market(s).

The Fund may be adversely affected as a result.

• Value stocks risk: The Fund invests in stocks selected using a bottom-up, long-term, value-oriented approach, which may

underperform other approaches. To the extent that the markets fail to recognize their expected value, investment may

underperform other stock selection approaches and the Fund/investors may be adversely impacted.

• Dividend policy risk: The Fund’s dividend policy allows for payment of dividends out of capital or effectively out of capital.

Where this is done, it amounts to a return or withdrawal of part of an investor’s original investment or from any capital gains

attributable to that original investment. Any distributions involving payment of dividends out of the Fund’s capital or payment of

dividends effectively out of the Fund’s capital (as the case may be) may result in an immediate reduction of the net asset value

per share.

• Counterparty risk: The Fund may be exposed to the credit/default risks of its counterparties and the Fund/investors may be

adversely impacted.

• Chinese market risk: The Fund is subject to the risks of the Chinese market and the value of the Fund may be susceptible to

adverse economic, political, policy, foreign exchange, liquidity, tax, legal or regulatory events affecting the Chinese market. The

value and performance of the Fund may be adversely affected as a result.

• Chinese short swing profit rule risk: Under PRC laws, rules and regulations, the "short swing profit rule" may require the

Fund to give up or return any profits made from purchases and sales in respect of China Connect securities of a particular PRC

listed company if (a) the Fund’s shareholding in such PRC listed company exceeds the threshold prescribed by the relevant

China Connect Authority from time to time and (b) the corresponding sale transaction occurs within the six months after a

purchase transaction, or vice versa. The Fund’s assets may be frozen under PRC civil procedures to the extent of claims made

by the PRC listed company. The inability to sell such assets and any obligations to return profits may adversely affect the

performance of the Fund.

• Russian and Eastern European markets risk: These markets involve special risks, including political, economic, legal,

currency and taxation risks, plus risks related to the safekeeping of securities. The Fund may be adversely affected as a result.

• Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect risk: The relevant rules and regulations

on Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect are subject to change which may have

potential retrospective effect. The Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect is subject to

quota limitations. Where a suspension in the trading through the programme is effected, the Fund’s ability to invest in China A

shares or access the PRC market through the programme will be adversely affected. In such event, the Fund’s ability to

achieve its investment objective could be negatively affected.

• Derivative instruments risk: Derivative instruments involve cost, may be volatile, and may involve a leverage effect. A small

market movement may give rise to a proportionately larger impact, which may cause substantial loss to the Fund. Other risks

include counterparty/credit risk, liquidity risk, valuation risk, volatility risk and over-the-counter transaction risk. In adverse

situations, the Fund’s use of derivative instruments may become ineffective and the Fund may suffer significant losses.


How has the Fund performed?

• Past performance information is not indicative of future performance. Investors may not get back the full amount invested.

• The computation basis of the performance is based on the calendar year end, NAV-to-NAV, with dividends reinvested.

• These figures show by how much class A (acc) USD increased or decreased in value during the calendar year being shown.

Class A (acc) USD is the share class available in Hong Kong with the longest history in the Fund. Performance data has been

calculated in USD, including ongoing charges and excluding subscription fee and redemption fee you might have to pay.

• Fund launch date: 25 October 2005

• Class A (acc) USD launch date: 25 October 2005

Is there any guarantee?

This Fund does not have any guarantees. You may not get back the full amount of money you invest.


What are the fees and charges?

Charges which may be payable by you

You may have to pay the following fees when dealing in the shares of the Fund.

Class A Class B Class N

Subscription fee (Initial sales charge) Up to 5.00% of the

subscription

amount

N/A Up to 3.00% of the

subscription

amount

Switching fee (Switching charge)* 1.00% of the

value of the

shares being

switched

N/A N/A

Redemption fee (Redemption charge) N/A Up to 4.00% N/A

Ongoing fees payable by the Fund

The following expenses will be paid out of the Fund. They affect you because they reduce the return you get on your investments.

Annual rate (as a % of the Fund’s net asset value)

Class A** Class B*** Class N**

Management fee (Investment management fee)* 1.60% 1.60% 1.60%

Depositary fee Up to 0.140% Up to 0.140% Up to 0.140%

Performance fee N/A N/A N/A

Administration fee N/A N/A N/A

Maintenance charge* 0.50% 0.75% 1.00%

Servicing charge N/A 1.06% N/A

Registrar and Transfer, Corporate, Domiciliary and

Administrative Agent fee +

Additional fixed amount per Shareholder account at each Class

level

Up to 0.2175%

Up to USD 30 per

annum

Up to 0.2175%

Up to USD 30 per

annum

Up to 0.2175%

Up to USD 30 per

annum

*The current fee level may be increased up to the maximum level permitted by the constitutive document of the Fund by giving one

month’s prior notice to the shareholders.

** The Annual Management Fees as defined in the Explanatory Memorandum comprise of the Management Fee (Investment

Management Fee) and the Maintenance Charge.

*** The Annual Management Fees as defined in the Explanatory Memorandum comprise of the Management Fee (Investment

Management Fee), the Maintenance Charge and the Servicing Charge.

Other fees

You may have to pay other fees and charges when dealing in the shares of the Fund.


Additional Information

• You generally buy and redeem shares at the Fund’s next determined net asset value (NAV) after the Hong Kong

Representative, Franklin Templeton Investments (Asia) Limited, receives your request in good order on or before 4:00 p.m.

(Hong Kong time) being the dealing cut-off time. Certain intermediaries may impose an earlier dealing cut-off time.

• The net asset value of this Fund is calculated and the price of shares is published on each business day. Information about

prices is available online at www.franklintempleton.com.hk.

• The compositions of the dividends (i.e. the relative amounts paid out of (i) net distributable income and (ii) capital) for the last 12

months are made available by the Hong Kong Representative on request and are also available online at

www.franklintempleton.com.hk.

• Investors may obtain the past performance information of other share classes offered to Hong Kong investors from the Hong

Kong Representative’s website at www.franklintempleton.com.hk.

• Investors may obtain information on the intermediaries by calling the Hong Kong Representative at (852) 2877-7733 or visiting

the Hong Kong Representative’s website at www.franklintempleton.com.hk.

• The website mentioned above has not been reviewed by the Securities and Futures Commission (“SFC”).

Important

If you are in doubt, you should seek professional advice.

The SFC takes no responsibility for the contents of this statement and makes no representation as to its accuracy or completeness.

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