13.3%
Increase in share price total return for shareholders
Dive into a comprehensive overview of our performance, dividends, and the investment process that continues to drive returns. The report offers deep insight into portfolio positioning and the top holdings - highlighting both familiar names like Samsung, Alibaba, and LG Corp, as well as emerging players you may not yet know.
Explore where our Citywire AAA-rated managers, Chetan Sehgal and Andrew Ness, see the most compelling opportunities across global emerging markets. Learn how the portfolio has evolved over the past year - and what lies ahead.
Increase in share price total return for shareholders
Ahead of MSCI Emerging Markets index benchmark return of 5.8%
Proposed total annual dividend increased above the 5.00p paid last year, which the Board set as the minimum for the next five years (announced June 2024).
Share price total return over 10 years - over 20% higher than the benchmark
TEMIT is the largest and most liquid investment trust in the AIC Emerging Markets sector* with over 1 billion shares in issue.
The company’s Annual Stewardship Report is also available with case studies and real-life examples of our activity.
Since the company’s year-end, optimism around emerging markets has grown. Even Bank of America has flagged emerging markets as "the next bull market," particularly in light of diminished confidence in U.S. assets following Moody's downgrade of the U.S. credit rating.
And with ‘Double discounts on emerging markets’ coupled with high earnings forecasts, has there ever been a better time to discover more about TEMIT and the growth and income potential on offer?
“The investment managers deserve congratulation for this performance.”

Chairman of Board
Full results are available in the Annual Report and Audited Accounts 2025
This information is issued and approved by Franklin Templeton Investment Management Limited (FTIML). It does not constitute investment advice. The information provided should not be considered a recommendation to purchase or sell any particular security. It should not be assumed that any of the security transactions discussed here were or will prove to be profitable. These opinions are not intended to be a forecast of future events, research, a guarantee of future results or investment advice. There is no assurance that any prediction, projection or forecast on the economy, stock market, bond market or the economic trends of the markets will be realised. Past performance is not a guide to future returns. The return may increase or decrease as a result of fluctuations in the markets, in currency and/or in the portfolio.
Market and currency movements may cause the capital value of shares, and the income from them, to fall as well as rise and you may get back less than you invested. The analysis of Environmental, Social and Governance (ESG) factors form an important part of the investment process and helps inform investment decisions. The strategy does not necessarily target particular sustainability outcomes. The opinions contained in this document are those of the named manager(s). They may not necessarily represent the views of other managers, strategies or funds. Shares in investment trusts are traded on a stock market and the share price will fluctuate in accordance with supply and demand and may not reflect the value of underlying net asset value of the shares. The majority of charges will be deducted from the capital of the company. This will constrain capital growth of the company in order to maintain the income streams.