Morningstar® Investment Profile™   Morningstar®
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Templeton Developing Markets VIP 2
Release date as of 2024-05-31. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
What is this?
As of 2024-05-31
Out of 717
Diversified Emerging Mkts Funds
Style Box™
What is this?
As of 2024-05-31
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 1.3
Bullet Non-U.S. Stocks Non-U.S. Stocks 96.5
Bullet Bonds Bonds 0.0
Bullet Cash Cash 2.1
Bullet Other Other 0.0
Asset Allocation Rescaled Graph
Data through 2024-05-31
Morningstar Equity Sectors
% of Stocks
Cyclical 36.39
Basic Materials 3.38
Consumer Cyclical 8.47
Financial Services 24.44
Real Estate 0.10
Sensitive 56.65
Communication Services 13.43
Energy 3.22
Industrials 4.30
Technology 35.70
Defensive 6.96
Consumer Defensive 3.03
Healthcare 3.45
Utilities 0.48
Data through 2024-05-31
Morningstar World Regions
% Fund
Americas 13.4
North America 1.4
Latin America 12.0
Greater Europe 7.9
United Kingdom 0.9
Europe Developed 3.6
Europe Emerging 1.1
Africa/Middle East 2.3
Greater Asia 78.7
Japan 0.0
Australasia 0.0
Asia Developed 41.1
Asia Emerging 37.6
Data through 2024-05-31
Holding Status
Total Number of Stock Holdings 80
Total Number of Bond Holdings 0
% of Net Assets in Top 10 Holdings 46.80
Turnover % (as of 2023-12-31) 25.99
30 Day SEC Yield % 1.78
Top Holdings
Sector Country % of Net
Taiwan Semiconductor Manufacturing Co Ltd Taiwan 13.16
Samsung Electronics Co Ltd South Korea 5.61
ICICI Bank Ltd India 5.06
Tencent Holdings Ltd China 4.53
Alibaba Group Holding Ltd Ordinary Shares China 4.06
Prosus NV Ordinary Shares - Class N Netherlands 3.56
Petroleo Brasileiro SA Petrobras Participating Preferred Brazil 2.87
MediaTek Inc Taiwan 2.75
Samsung Life Insurance Co Ltd South Korea 2.69
HDFC Bank Ltd India 2.51
Data through 2024-05-31
  Principal Risks   
Emerging Markets, Foreign Securities, Loss of Money, Not FDIC Insured, Nondiversification, Value Investing, Active Management, Market/Market Volatility, Other, Socially Conscious, Portfolio Diversification, 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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