- Dependably core – focusing on quality companies across the market cap spectrum.
- No investment style bets – opportunity driven approach across emerging markets universe.
WHY INVEST IN THIS FUND
Finding opportunity across emerging markets - beyond the index
The Templeton 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
★★★★★
Series F-CAD

Core emerging markets building block.

Ideas first. Opportunities beyond the index.
- Differentiated holdings: 22% of the holdings are unique to top AUM peers.2
- The fund has demonstrated strong long-term performance.

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
- Annualized performance
- Discrete Annual performance
Annualized performance
U.S. Dollar Settlement Option: All fund performance and distribution information is based on each fund's net asset value (NAV) per unit which is calculated in Canadian dollars. All US dollar NAV, performance and distribution information is calculated by converting the corresponding Canadian dollar information to US dollars using the daily exchange rate. Please note that the US Dollar Settlement Option is offered as a convenience for investors who prefer to transact in US dollars. Holding fund securities under the US Dollar Settlement Option has no impact on the overall performance of your investment within the fund and does not act as a hedge against currency fluctuations between the Canadian and US dollars, nor does it negate the effect of any hedging within a fund. Please refer to the prospectus for further details on the US Dollar Settlement Option or speak to your advisor.
Discrete Annual performance
U.S. Dollar Settlement Option: All fund performance and distribution information is based on each fund's net asset value (NAV) per unit which is calculated in Canadian dollars. All US dollar NAV, performance and distribution information is calculated by converting the corresponding Canadian dollar information to US dollars using the daily exchange rate. Please note that the US Dollar Settlement Option is offered as a convenience for investors who prefer to transact in US dollars. Holding fund securities under the US Dollar Settlement Option has no impact on the overall performance of your investment within the fund and does not act as a hedge against currency fluctuations between the Canadian and US dollars, nor does it negate the effect of any hedging within a fund. Please refer to the prospectus for further details on the US Dollar Settlement Option or speak to your advisor.
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 Templeton 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.
Important Legal Information
Performance data represents past performance, which does not guarantee future results. Current performance may differ from figures shown. Investment return and principal value will fluctuate with market conditions, and you may have a gain or loss when you sell your units.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus or fund facts document before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
Mutual fund securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer. There can be no assurances that the fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the fund will be returned to you.
Distributions are not guaranteed and the proportion of income and return of capital will fluctuate depending on fund returns. Unlike fixed-income securities, there is no obligation to distribute any fixed amount, and reductions in, or suspensions of, distributions may occur that would reduce yield. Distributions are not an indication of performance, rate of return, or yield. Mutual fund distributions are not guaranteed and are set and may change at the discretion of Franklin Templeton Investments Canada.
Series F is available to investors participating in programs that do not require Franklin Templeton to incur distribution costs in the form of trailing commissions to dealers. As a consequence, the management fee on Series F is lower than on Series A. The gross of fees version of Series F does not exist and as a result, investors cannot purchase Series F securities on a gross of fees basis. Performance would have been lower with fees taken into account.
Series O investors do not pay any of the management fees within the fund but instead pay a separate management and administration fee that they negotiate directly with Franklin Templeton Canada. To qualify to purchase or hold Series O units an investor must meet minimum investment requirements as set out in the fund's current prospectus. For more details on the management and administration fee, please read the prospectus. Performance is presented in Canadian dollars and is gross of fees (before management and custodial fees) of Series O units of the Fund. Taking into account such fees would result in lower rates of return.
Indexes are unmanaged, and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.
Investors can obtain any fund document by contacting a financial advisor or downloading it from the list of fund documents above.
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