Morningstar® Investment Profile™   Morningstar®
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Templeton Developing Markets VIP 1
Release date as of 2022-05-31. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of ---
Out of 731
Diversified Emerging Mkts Funds
Morningstar®
Style Box™
What is this?
As of 2022-05-31
Total Fund Assets ($ Mil)
253.9
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 95.3
Bullet Bonds Bonds 0.0
Bullet Cash Cash 3.1
Bullet Other Other 0.0
Asset Allocation Rescaled Graph
Data through 2022-05-31
Morningstar Equity Sectors
% of Stocks
Cyclical 42.52
Basic Materials 9.15
Consumer Cyclical 10.34
Financial Services 22.50
Real Estate 0.53
Sensitive 52.68
Communication Services 11.84
Energy 1.77
Industrials 0.92
Technology 38.15
Defensive 4.81
Consumer Defensive 3.15
Healthcare 1.66
Utilities 0.00
Data through 2022-05-31
Morningstar World Regions
% Fund
Americas 13.6
North America 1.7
Latin America 11.9
Greater Europe 5.0
United Kingdom 1.6
Europe Developed 1.9
Europe Emerging 0.7
Africa/Middle East 0.8
Greater Asia 81.5
Japan 0.0
Australasia 0.0
Asia Developed 41.5
Asia Emerging 39.9
Data through 2022-05-31
Holding Status
Total Number of Stock Holdings 73
Total Number of Bond Holdings 0
% of Net Assets in Top 10 Holdings 52.61
Turnover % (as of 2021-12-31) 19.35
30 Day SEC Yield % ---
Top Holdings
Sector Country % of Net
Assets
Taiwan Semiconductor Manufacturing Co Ltd Taiwan 11.90
Samsung Electronics Co Ltd South Korea 10.41
ICICI Bank Ltd India 5.99
Alibaba Group Holding Ltd Ordinary Shares China 5.20
Tencent Holdings Ltd China 3.91
MediaTek Inc Taiwan 3.79
NAVER Corp South Korea 3.26
Franklin IFT Money Market --- United States 3.11
China Merchants Bank Co Ltd Class A China 2.53
LG Corp South Korea 2.51
Data through 2022-05-31
  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: 1996-03-04
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.
Issuer
Franklin Templeton Investments
Subadvisor(s)
Franklin Templeton Inv Mgmt Ltd
Show Data Definitions

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