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TEMIT Reports Strong Long-Term Performance

Jun 11, 2024

Templeton Emerging Markets Investment Trust (NZX:TEM) has announced its Annual Report and Accounts for the year ending March 31, 2024. Established in 1989, TEMIT focuses on investing in emerging market companies to achieve long-term capital growth. Shares are traded on both the London and New Zealand stock exchanges. Since inception, TEMIT’s net asset value (NAV) total return has reached +4,155.4%, significantly outperforming the benchmark's +1,752.0%.

Key financial highlights for the year include:

  • NAV Total Return: 7.9%
  • Share Price Total Return: 4.9%
  • MSCI Emerging Markets Index Total Return: 5.9%
  • Total Net Assets: £2,034.9 million
  • Proposed Annual Dividend: 5.00 pence per share

The Board of Directors, under the Chairman’s leadership, ensures the company’s strategy and performance align with shareholder and stakeholder interests.

 

 

 

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