Templeton Global Growth “recommended” by IIR
Australian listed investment company (LIC), the Templeton Global Growth fund, has been awarded a “recommended” rating by Independent Investment Research (IIR).
The research house said the LIC sought to provide dividends that were not less than three per cent of the NTA as at 30 June for the prior year, and paid out franking credits were possible.
“Fees are low compared to peers, with a one per cent management fee and no performance fee,” they said.
The fund’s investment objective was to achieve long-term capital growth for shareholders, particularly long-term investors and self-managed superannuation fund members, and IIR’s research report stated the fund generated an average rolling annual return of 8.8 per cent compared to the benchmark index (MSCI ACWI, AUD).
The fund’s non-executive chairman, Chris Freeman, said they believed high growth and momentum stocks were most vulnerable in a climate of rising inflation and interest rates, and they remained focused on their value investment philosophy.
AUTHOR
Anastasia Santoreneos
Recommended for you
The merger with L1 Capital will “inject new life” into Platinum, Morningstar believes, but is unlikely to boost Platinum’s declining funds under management.
More than half of the top 20 most popular shares bought by advised investors during the first half of 2025 were ETFs, according to AUSIEX data.
At least two-thirds of ETF flows are understood to be driven by intermediaries, according to Global X, as net flows into Australian ETFs spike 97 per cent in the first half of 2025.
Inflows for the first half of 2025 for GQG Partners stand at US$8 billion, but the firm has flagged fund underperformance could be a headwind for future flows.
