Inside Financial Markets

liquidation of Templetons Emerging Market Fund is incorrect.

liquidation of Templetons Emerging Market Fund is incorrect.

While there is some truth to the rumours circulating about liquidation of Templetons Emerging Market Fund, the reality is that a very small Asian Growth Fund (registeered in US market) with net assets of only US$10mn is being liquidated. (For details refer to link number 1). This fund has almost zero exposure to Pakistan market.

The other Asian Growth Fund (registered in Luxemburg) with net assets of US$11.67bn is not being liquidated. This fund has highest exposure in Pakistan Market. (refer to link number 2)

https://www.franklintempleton.com/retail/app/product/views/fund_page.jsf?fundNumber=490&view=portfolio

https://www.franklintempleton.lu/en_LU/investor/funds/portfolio/267/Templeton-Asian-Growth-Fund/Portfolio

Sanie Khan

Sanie Khan holds a deep knowledge of the financial markets in Pakistan. Based in Karachi, he has over 20 years of hands-on management experience in financial technologies and managing operations in the financial sector. He was the General Manager at the Pakistan Stock Exchange (PSX) for 17 years. He along-with senior members of Exchange

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Inside Financial Markets was a joint publication of Pakistan Stock Exchange (PSX)and Society of Technical Analysts Pakistan (STAP)