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Templeton Latin America Fund LU0592650328 31 August 2021 Franklin Templeton Investment Funds Latin America Equity Templeton Latin America Fund LU0592650328 31 August 2021 Fund Fact Sheet For Professional Client Use Only. Not for distribution to Retail Clients. Fund Overview Performance Base Currency for Fund USD Performance over 5 Years in Share Class Currency (%) Templeton Latin America Fund A (acc) EUR MSCI EM Latin America Index-NR Total Net Assets (USD) 733 million Fund Inception Date 28.02.1991 140 Number of Issuers 36 Benchmark MSCI EM Latin America 120 Index-NR Morningstar Category™ Latin America Equity 100 Summary of Investment Objective The Fund aims to achieve long-term capital appreciation by investing primarily in equity securities of issuers 80 incorporated or having their principal business activities in the Latin American region. 60 Fund Management 08/16 02/17 08/17 02/18 08/18 02/19 08/19 02/20 08/20 02/21 08/21 Gustavo Stenzel, CFA: Brazil Discrete Annual Performance in Share Class Currency (%) 08/20 08/19 08/18 08/17 08/16 Ratings - A (acc) EUR 08/21 08/20 08/19 08/18 08/17 A (acc) EUR 24,49 -27,36 20,49 -12,26 11,11 Overall Morningstar Rating™: Benchmark in EUR 36,49 -29,64 15,01 -9,87 14,88 Asset Allocation Performance in Share Class Currency (%) Cumulative Annualised Since Since 1 Mth 3 Mths 6 Mths 1 Yr 3 Yrs 5 Yrs Incept 3 Yrs 5 Yrs Incept A (acc) EUR 0,63 -1,23 12,46 24,49 8,95 6,21 -19,70 2,90 1,21 -2,08 Benchmark in EUR 1,30 2,90 19,69 36,49 10,46 14,37 -6,45 3,37 2,72 -0,64 % Category Average -0,65 1,84 14,88 29,81 11,09 9,85 -7,68 3,57 1,90 -0,76 Equity 99,03 Cash & Cash Equivalents 0,97 Calendar Year Performance in Share Class Currency (%) 2020 2019 2018 2017 2016 2015 2014 2013 2012 A (acc) EUR -20,49 24,97 -3,68 7,95 27,75 -20,24 -7,03 -20,38 8,69 Benchmark in EUR -20,92 19,63 -1,86 8,69 34,96 -23,18 -0,13 -17,10 6,99 Past performance is not an indicator or a guarantee of future performance. 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, net income reinvested, gross of tax, 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. Performance may also be affected by currency fluctuations. Up to date performance figures can be found on our local website. Top Ten Holdings (% of Total) Fund Measures Issuer Name Price to Earnings (12-mo 10,97x VALE SA 8,90 Trailing) PETROLEO BRASILEIRO SA 7,69 Price to Book 2,25x GRUPO MEXICO SAB DE CV 6,83 Price to Cash Flow 6,61x ITAUSA SA 4,91 Dividend Yield 3,22% BOLSA MEXICANA DE VALORES SAB DE CV 4,91 Standard Deviation (5 Yrs) 25,84% TOTVS SA 4,87 Sharpe Ratio (5 Yrs) 0,07 GRUPO FINANCIERO BANORTE SAB DE CV 4,33 Tracking Error (5 Yrs) 4,40% BANCO BRADESCO SA 4,11 Information Ratio (5 Yrs) -0,35 B3 SA - BRASIL BOLSA BALCAO 4,09 Beta (5 Yrs) 0,98 ITAU UNIBANCO HOLDING SA 3,55 Share Class Information (For a full list of available share classes, please visit your local website) Fees Dividends Fund Identifiers TER (%) Max. Annual Last Paid Last Paid Share Class Incept Date NAV 31.07.2021 Charge (%) Date Amount Bloomberg ID ISIN SEDOL A (acc) EUR 18.03.2011 EUR 8,03 2,25 1,90 N/A N/A TEMLAAE LX LU0592650328 B4695K3 Tel Fax E-mail Web +46 (0) 8 545 01230 +46 (0) 8 545 01239 [email protected] www.franklintempletonnordic.com Templeton Latin America Fund 31 August 2021 For Professional Client Use Only. Not for distribution to Retail Clients. Composition of Fund Templeton Latin America Fund MSCI EM Latin America Index-NR Geographic % of Total Sector % of Total Brazil 66,08 / 62,98 Financials 31,56 / 23,06 Mexico 26,42 / 24,84 Materials 18,04 / 23,70 Peru 3,96 / 2,18 Consumer Staples 16,50 / 15,18 Chile 2,56 / 5,70 Industrials 8,04 / 5,79 Argentina 0,00 / 2,27 Energy 7,69 / 9,27 Colombia 0,00 / 2,04 Information Technology 4,87 / 2,55 Cash & Cash Equivalents 0,97 / 0,00 Consumer Discretionary 4,86 / 5,28 Health Care 3,41 / 2,64 Market Capitalisation Breakdown in USD % of Equity Utilities 2,61 / 4,34 <2,0 Billion 8,93 Others 1,44 / 8,18 2,0-5,0 Billion 11,30 Cash & Cash Equivalents 0,97 / 0,00 5,0-10,0 Billion 18,46 10,0-25,0 Billion 20,50 Performance Attribution by Country 25,0-50,0 Billion 17,39 01.09.2020-31.08.2021 Total Effect >50,0 Billion 23,42 Colombia 0,32 Chile 0,01 Performance Attribution by Sector 01.09.2020-31.08.2021 Total Effect United States -0,22 Energy 0,42 Argentina -0,71 Health Care 0,27 Peru -1,00 Utilities 0,25 Mexico -1,49 Materials 0,14 Brazil -4,90 Real Estate -0,46 Cash & Cash Equivalents -0,60 Information Technology -0,51 Communication Services -0,94 Consumer Staples -0,98 Industrials -1,05 Consumer Discretionary -2,57 Financials -2,60 Cash & Other Net Assets -0,57 Largest Contributing Securities 01.08.2021-31.08.2021 Contribution to Return % TOTVS S.A. Software & Services Brazil 0,61 Petroleo Brasileiro SA Pfd Energy Brazil 0,60 Intercorp Financial Services Inc. Banks Peru 0,30 XP Inc. Class A Diversified Financials Brazil 0,27 CPFL Energia S.A. Utilities Brazil 0,26 Wal-Mart de Mexico SAB de CV Food & Staples Retailing Mexico 0,26 Kimberly-Clark de Mexico SAB de CV Class A Household & Personal Products Mexico 0,23 Itausa - Investimentos Itau SA Pfd Banks Brazil 0,22 Grupo Mexico S.A.B. de C.V. Class B Materials Mexico 0,20 Ambev SA Food Beverage & Tobacco Brazil 0,13 Smallest Contributing Securities 01.08.2021-31.08.2021 Contribution to Return % Vale S.A. Materials Brazil -0,94 Americanas SA Retailing Brazil -0,43 B3 SA - Brasil, Bolsa, Balcao Diversified Financials Brazil -0,32 Localiza Rent A Car S.A. Transportation Brazil -0,28 Rumo SA Transportation Brazil -0,28 Iguatemi Empresa de Shopping Centers S.A Real Estate Brazil -0,17 Banco Bradesco S.A. Sponsored ADR Pfd Banks Brazil -0,16 Ser Educacional SA Consumer Services Brazil -0,13 Dexco SA Materials Brazil -0,11 Lojas Americanas S.A. Retailing Brazil -0,10 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. The Fund invests mainly in equity securities of companies located in or doing significant business in Latin America. Such emerging markets 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. Other significant risks include: foreign currency risk, emerging markets risk, liquidity risk. For full details of all of the risks applicable to this Fund, please refer to the “Risk Considerations” section of the Fund in the current prospectus of Franklin Templeton Investment Funds. www.franklintempletonnordic.com Templeton Latin America Fund 31 August 2021 For Professional Client Use Only. Not for distribution to Retail Clients. Important Information This document 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 Franklin Templeton Investment Funds (the Fund). Nothing in this document should be construed as investment advice. Opinions expressed are the author’s at publication date and they are subject to change without prior notice. 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. Past performance is not an indicator or a guarantee of future performance. Currency fluctuations may affect the value of overseas investments. When investing in a fund denominated in a foreign currency, your performance may also be affected by currency fluctuations. An investment in the Fund entails risks which are described in the Fund's prospectus and the relevant Key Investor Information Document. In emerging markets, the risks can be greater than in developed markets. Investments in derivative instruments entail specific risks that may increase the risk profile of the fund and are more fully described in the Fund’s prospectus and in the relevant Key Investor Information Document. No shares of the Fund may be directly or indirectly offered or sold to residents of the United States of America. 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. 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.
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