Morningstar Fund Report  | 14/04/2025Print

Templeton Frontier Markets Fund A(acc)USD

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Templeton Frontier Markets Fund A(acc)USD
Fund-----2.0
+/-Cat-----2.0
+/-B’mrk-----6.7
 
Category: Global Frontier Markets Equity
Category Benchmark: MSCI Frontier Markets NR USD
Key Stats
NAV
11/04/2025		 USD 24.31
Day Change 1.30%
Morningstar Category™ Global Frontier Markets Equity
ISIN LU0390136736
Fund Size (Mil)
31/03/2025		 USD 281.18
Share Class Size (Mil)
11/04/2025		 USD 53.88
Max Initial Charge 5.75%
Ongoing Charge
12/02/2025		  2.53%
Investment Objective: Templeton Frontier Markets Fund A(acc)USD
The Fund’s principal investment objective is to provide long-term capital appreciation.
Returns
Trailing Returns (GBP)11/04/2025
YTD-7.44
3 Years Annualised3.90
5 Years Annualised12.61
10 Years Annualised3.99
12 Month Yield -
Management
Manager Name
Start Date
Bassel Khatoun
31/03/2018
Ahmed Awny
31/05/2017
Inception Date
14/10/2008

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI Frontier EM Select Conty Cap NR USDMSCI Frontier Markets NR USD
Portfolio Profile for  Templeton Frontier Markets Fund A(acc)USD31/03/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock99.880.0099.88
Bond0.000.000.00
Property0.000.000.00
Cash0.130.000.12
Other0.000.000.00
Top 5 Regions%
Asia - Emerging48.47
Middle East19.37
Latin America7.56
Africa7.17
Eurozone6.89
Top 5 Sectors%
Financial Services46.45
Technology13.49
Consumer Cyclical12.79
Industrials8.75
Consumer Defensive6.38
Top 5 HoldingsSector%
FPT CorpTechnologyTechnology7.03
Nova Ljubljanska banka dd Ljublj... Financial ServicesFinancial Services5.33
Kaspi.kz JSC ADSTechnologyTechnology4.82
Halyk Bank of Kazakhstan JSC Shs... Financial ServicesFinancial Services4.65
Credicorp LtdFinancial ServicesFinancial Services4.22
Increase Decrease New since last portfolio
Templeton Frontier Markets Fund A(acc)USD
Growth Of 1000 (GBP) 31/03/2025
Fund:  Templeton Frontier Markets Fund A(acc)USD
Category:  Global Frontier Markets Equity
Category Index:  MSCI Frontier Markets NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 31/03
Price Return-1.97
+/- Category-2.03
+/- Category Index-6.70
% Rank in Category82
Trailing Returns (GBP)11/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day1.30   0.690.58
1 Week0.04   0.781.02
1 Month-5.66   0.02-2.34
3 Months-9.43   -0.13-6.36
6 Months-4.92   -2.34-8.02
YTD-7.44   -0.02-7.16
1 Year-0.90   -2.25-5.70
3 Years Annualised3.90   -1.853.72
5 Years Annualised12.61   -1.834.76
10 Years Annualised3.99   -2.170.05
 
Category: Global Frontier Markets Equity
Category Index: MSCI Frontier Markets NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAverageAbove Average3 star
5-YearAverageAverage3 star
10-YearBelow AverageAverage2 star
OverallAverageAverage3 star
 
Category :  Global Frontier Markets EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev12.27 %
3-Yr Mean Return6.98 %
 
3-Yr Sharpe Ratio0.23
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 MSCI Frontier Markets NR USD  MSCI Frontier Markets NR USD
3-Yr Beta0.970.97
3-Yr Alpha3.773.77
 
Investment Style Details31/03/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)USD 5697-
Market Capitalisation% of Equity
Giant0.67
Large51.47
Medium32.54
Small15.32
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings8.591.01
Price/Book1.421.10
Price/Sales1.611.19
Price/Cash Flow8.401.19
Dividend-Yield Factor5.051.04
 
Long-Term Projected Earnings Growth5.350.58
Historical Earnings Growth21.951.14
Sales Growth10.441.09
Cash-Flow Growth9.14-16.88
Book-Value Growth6.721.85
 
Category: Global Frontier Markets Equity
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock99.880.0099.88
Bond0.000.000.00
Property0.000.000.00
Cash0.130.000.12
Other0.000.000.00
World Regions31/03/2025
 % of EquityRelative to Category
United States0.820.26
Canada0.000.00
Latin America7.561.32
United Kingdom4.081.41
Eurozone6.890.79
Europe - ex Euro1.290.89
Europe - Emerging4.340.56
Africa7.170.82
Middle East19.371.21
Japan0.00-
Australasia0.000.00
Asia - Developed0.000.00
Asia - Emerging48.471.11
 
Category: Global Frontier Markets Equity
Sector Weightings31/03/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials2.280.33
Consumer CyclicalConsumer Cyclical12.791.69
Financial ServicesFinancial Services46.451.30
Real EstateReal Estate2.250.29
Consumer DefensiveConsumer Defensive6.381.02
HealthcareHealthcare2.480.63
UtilitiesUtilities0.880.38
Communication ServicesCommunication Services1.850.63
EnergyEnergy2.420.36
IndustrialsIndustrials8.751.08
TechnologyTechnology13.491.16
 
Category: Global Frontier Markets Equity
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings60
Total Number of Bond Holdings0
Assets in Top 10 Holdings44.23
NameSectorCountry% of Assets
FPT Corp311Vietnam7.03
Nova Ljubljanska banka dd Ljubljana ADR103Slovenia5.33
Kaspi.kz JSC ADS311Kazakhstan4.82
Halyk Bank of Kazakhstan JSC Shs Spon... 103Kazakhstan4.65
Credicorp Ltd103Peru4.22
Lion Finance Group PLC103United Kingdom4.08
Military Commercial Joint Stock Bank103Vietnam3.99
International Container Terminal Serv... 310Philippines3.75
Banca Transilvania SA103Romania3.40
Attijariwafa Bank SA Registered Shares103Morocco2.95
 
Increase Decrease New since last portfolio
Category: Global Frontier Markets Equity
 
Management
Name of CompanyFranklin Templeton International Services S.à r.l.
Phone+352 46 66 67 212
Websitewww.franklintempleton.lu
Address8A, rue Albert Borschette
 Luxembourg   L-1246
 Luxembourg
DomicileLuxembourg
Legal StructureSICAV
UCITSYes
Inception Date14/10/2008
Fund Advisor(s)
Franklin Templeton Investments Asia Ltd
Fund ManagerBassel Khatoun
Manager Start Date31/03/2018
 
Biography
Mr. Khatoun joined Franklin Templeton Investments in 2012. Prior to joining Franklin Templeton Investments, he worked as an equity portfolio manager of Algebra Capital which is now known as Franklin Templeton Investments (ME) Limited.
Fund ManagerAhmed Awny
Manager Start Date31/05/2017
Education
Ain Shans University, B.C.
 
Biography
Ahmed Awny (CFA) is based in Dubai. He has equity research responsibility for the Middle East and North Africa (MENA) and Sub-Saharan regions. Prior to joining Franklin Templeton in 2007, he was an investment manager for a large fund in Dubai, worked in the Private Equity Division of an Egyptian holding company and was a bank analyst for EFG-Hermes. He entered the financial services industry in 1998. Mr. Ahmed holds a B.Comm in accounting from Ain Shams Univ. and speaks English and Arabic.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge5.75%
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge2.10%
Ongoing Charge2.53%
Purchase Details
Minimum Investments
Initial1000  USD
Additional1000  USD
Savings-
Tax Free Savings Schemes
ISAsYes