FPIL Templeton BRIC Fund
A high risk fund that offers investors concentrated access to
the growth potential of the dynamic emerging market economies of
Brazil, Russia, India and China (BRIC).
The fund a daily trading mirror fund (What
are mirror funds?) (mirror
fund range) and makes dynamic allocations between the 4 regions
of Brazil, Russia, India and China and weight them according to
the manager's assessment of each region's growth potential. These
regions are making a rapidly increasing contribution to world GDP
and as their domestic demand increases, their GDP is likely to continue
to expand faster than the more developed countires of the world.
Objective:
The objective is capital appreciation. The fund will invest primarily
in equity securities of companies
(i) organized under the laws of, or with their principal office
in, Brazil, Russia, India or China (including Hong-Kong and Taiwan)
or
(ii) which derive the principal portion of their revenues or profits
from BRIC economies or have the principal portion of their assets
in BRIC economies.
The Fund can be volatile as these regions are prone to sudden shocks
and currency fluctuations.
Other Details:
This fund will be subject to volatility and may go down in value
as well as increase. This risk is reduced the longer the investment
is held. Past performance is no guarantee of future performance.
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* indicates a Friends Provident International Ltd Mirror Fund
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