Morningstar® Investment Profile™   Morningstar®
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Templeton Developing Markets VIP 2
Release date as of 2023-04-30. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
What is this?
As of 2023-04-30
Out of 740
Diversified Emerging Mkts Funds
Style Box™
What is this?
As of 2023-04-30
Total Fund Assets ($ Mil)
View Historical Morningstar Star Ratings and Definitions
  Investment Objective & Strategy  
The investment seeks long-term capital appreciation.
The fund invests at least 80% of its net assets in emerging markets investments. Its investments in equity securities may include investments in the securities of companies of any capitalization, including a portion in small and mid capitalization companies. The fund, from time to time, may have significant investments in one or more countries, such as China or South Korea, or in particular industries or sectors. It may invest up to 20% of its net assets in the securities of issuers in developed market countries. The fund is non-diversified.
  Morningstar Category: Diversified Emerging Mkts
Diversified emerging-markets portfolios tend to divide their assets among 20 or more nations, although they tend to focus on the emerging markets of Asia and Latin America rather than on those of the Middle East, Africa, or Europe. These portfolios invest predominantly in emerging market equities, but some funds also invest in both equities and fixed income investments from emerging markets. 
  Investment Risks
Foreign Securities Funds/Emerging Market Funds: Risks include, but are not limited to, currency risk, political risk, and risk associated with varying accounting standards. Investing in emerging markets may accentuate these risks.
Non-Diversified Funds: Funds that invest more of their assets in a single issuer involve additional risks, including share price fluctuations, because of the increased concentration of investments.
  Portfolio Profile
Asset Allocation
% of Net Assets
Bullet U.S. Stocks U.S. Stocks 1.6
Bullet Non-U.S. Stocks Non-U.S. Stocks 93.9
Bullet Bonds Bonds 0.0
Bullet Cash Cash 4.5
Bullet Other Other 0.0
Asset Allocation Rescaled Graph
Data through 2023-04-30
Morningstar Equity Sectors
% of Stocks
Cyclical 42.86
Basic Materials 8.06
Consumer Cyclical 11.02
Financial Services 23.38
Real Estate 0.40
Sensitive 49.21
Communication Services 12.63
Energy 2.61
Industrials 3.27
Technology 30.70
Defensive 7.92
Consumer Defensive 3.87
Healthcare 3.56
Utilities 0.49
Data through 2023-04-30
Morningstar World Regions
% Fund
Americas 11.3
North America 1.7
Latin America 9.6
Greater Europe 7.1
United Kingdom 1.8
Europe Developed 2.9
Europe Emerging 1.2
Africa/Middle East 1.2
Greater Asia 81.6
Japan 0.0
Australasia 0.0
Asia Developed 37.8
Asia Emerging 43.8
Data through 2023-04-30
Holding Status
Total Number of Stock Holdings 75
Total Number of Bond Holdings 0
% of Net Assets in Top 10 Holdings 46.39
Turnover % (as of 2022-12-31) 27.39
30 Day SEC Yield % 2.34
Top Holdings
Sector Country % of Net
Taiwan Semiconductor Manufacturing Co Ltd Taiwan 10.72
Samsung Electronics Co Ltd South Korea 5.87
ICICI Bank Ltd India 5.84
Alibaba Group Holding Ltd Ordinary Shares China 4.57
Franklin IFT Money Market --- United States 4.57
Tencent Holdings Ltd China 3.38
MediaTek Inc Taiwan 3.01
NAVER Corp South Korea 2.99
Prosus NV Ordinary Shares - Class N Netherlands 2.77
LG Corp South Korea 2.67
Data through 2023-04-30
  Principal Risks   
Emerging Markets, Foreign Securities, Loss of Money, Not FDIC Insured, Nondiversification, Value Investing, Active Management, Market/Market Volatility, Industry and Sector Investing, Other, Socially Conscious, Small Cap, Mid-Cap
Show Risk Definitions
  Other Information
Inception Date: 1997-05-01
Portfolio Manager(s)
Chetan Sehgal   (2017-04-03)
Andrew Ness   (2020-11-09)
Prior to joining Franklin Templeton in September 2018, Andrew was as a Portfolio Manager at Martin Currie, an Edinburgh based asset manager. He began his career at Murray Johnstone in 1994 and also worked with Deutsche Asset Management in both London and New York before joining Scottish Widows Investment Partnership in 2007. Mr Ness holds a B.A. (Hons) in Economics and an MSc in Business Economics from the University of Strathclyde in the UK. He is an Associate Member of the UK Society of Investment Professionals and a member of the CFA Institute.
Investment Advisor(s)
Templeton Asset Management Ltd.
Franklin Templeton Investments
Franklin Templeton Inv Mgmt Ltd
Show Data Definitions

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