Morningstar® Investment Profile™   Morningstar®
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Templeton Growth VIP 2
Release date as of 2024-02-29. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2024-02-29
Out of 338
Global Large-Stock Blend Funds
Morningstar®
Style Box™
What is this?
As of 2024-02-29
Total Fund Assets ($ Mil)
383.87
View Historical Morningstar Star Ratings and Definitions
  Investment Objective & Strategy  
The investment seeks long-term capital growth.
The fund invests primarily in the equity securities of companies located anywhere in the world, including developing markets. The equity securities in which the fund primarily invests are common stock. Although the fund seeks investments across a number of countries and sectors, from time to time, based on economic conditions, it may have substantial positions in particular countries or sectors.
  Morningstar Category: Global Large-Stock Blend
Global large-stock blend portfolios invest in a variety of international stocks and typically skew towards large caps that are fairly representative of the global stock market in size, growth rates, and price. World large stock blend portfolios have few geographical limitations. It is common for these portfolios to invest the majority of their assets in developed markets, with the remainder divided among the globe’s emerging markets. These portfolios are not significantly overweight U.S. equity exposure relative to the Morningstar Global Market Index and maintain at least a 20% absolute U.S. exposure. 
  Investment Risks
There are no additional fund specific investment risks (e.g. liquidity risk, currency risk, foreign investment risk, etc.) associated with this fund beyond the normal risks generally associated with investing in a mutual fund.
  Portfolio Profile
Asset Allocation
% of Net Assets
Bullet U.S. Stocks U.S. Stocks 48.0
Bullet Non-U.S. Stocks Non-U.S. Stocks 52.0
Bullet Bonds Bonds 0.0
Bullet Cash Cash 0.0
Bullet Other Other 0.0
Asset Allocation Rescaled Graph
Data through 2024-02-29
Morningstar Equity Sectors
% of Stocks
Cyclical 31.68
Basic Materials 2.04
Consumer Cyclical 20.79
Financial Services 8.85
Real Estate 0.00
Sensitive 47.23
Communication Services 9.07
Energy 5.95
Industrials 17.82
Technology 14.39
Defensive 21.08
Consumer Defensive 12.95
Healthcare 8.13
Utilities 0.00
Data through 2024-02-29
Morningstar World Regions
% Fund
Americas 48.0
North America 48.0
Latin America 0.0
Greater Europe 35.6
United Kingdom 19.2
Europe Developed 16.3
Europe Emerging 0.0
Africa/Middle East 0.0
Greater Asia 16.5
Japan 8.0
Australasia 0.0
Asia Developed 5.2
Asia Emerging 3.3
Data through 2024-02-29
Holding Status
Total Number of Stock Holdings 51
Total Number of Bond Holdings 0
% of Net Assets in Top 10 Holdings 32.47
Turnover % (as of 2022-12-31) 34.43
30 Day SEC Yield % 0.68
Top Holdings
Sector Country % of Net
Assets
Rolls-Royce Holdings PLC United Kingdom 5.16
Blacklined Positions --- 5.11
Alphabet Inc Class A United States 3.46
Target Corp United States 2.99
Samsung Electronics Co Ltd South Korea 2.98
The Walt Disney Co United States 2.77
TJX Companies Inc United States 2.59
Anheuser-Busch InBev SA/NV Belgium 2.48
Amazon.com Inc United States 2.48
Medtronic PLC United States 2.45
Data through 2024-02-29
  Principal Risks   
Emerging Markets, Foreign Securities, Loss of Money, Not FDIC Insured, Country or Region, Value Investing, Active Management, Market/Market Volatility, Industry and Sector Investing, Other, Restricted/Illiquid Securities, Derivatives, Small Cap, Mid-Cap
Show Risk Definitions
  Other Information
Inception Date: 1999-01-06
Portfolio Manager(s)
Peter M. Moeschter   (2019-02-01)
Peter M. Moeschter, CFA, EVP is a portfolio manager in the Templeton Global Equity Group with responsibility for various global and international equity mandates. He is the sector team leader of global utilities. Mr. Moeschter holds a B.B.A. (honors) from Wilfrid Laurier University and an M.B.A. from York University.
Christopher James Peel   (2017-05-01)
Christopher Peel, CFA, SVP is a research analyst and portfolio manager for the Templeton Global Equity Group. Mr. Peel is a manager for Templeton Growth Fund. He has global research responsibility for software, IT services and consulting, and integrated oils. Mr. Peel is Group Coordinator for the Energy sector. Mr. Peel holds a B.Sc. in computer science from the University of Nottingham (UK).
Warren Pustam   (2019-07-24)
Mr. Pustam joined Franklin Templeton in 2013.
Investment Advisor(s)
Templeton Global Advisors Limited
Issuer
Franklin Templeton Investments
Subadvisor(s)
---
Show Data Definitions

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