Investment Managers – Templeton Investment Management

History & People

Available in Canada since 1954, Templeton is backed by half a century of global investment management experience governing our suite of equity, balanced, and income portfolios. Each Templeton portfolio is managed with the support of over 70 research analysts and portfolio managers located in research offices around the world. We believe strongly in having local experts on the ground in the regions we invest.

Philosophy

Our investment philosophy of long-term value investing using a "bottom-up" approach to stock selection has earned us a reputation as one of the world's most respected investment managers. Our goal is to identify companies selling at the greatest discount to future intrinsic value, which over time may produce the greatest share price returns with minimum risk. We believe markets overreact to news on a short-term basis but are more efficient on a long-term basis, thereby allowing patience to reward those who have identified undervalued stocks. We utilize fundamental analysis, proprietary screens and a worldwide network of experienced research resources to identify undervalued stocks. Information is examined on a company-by-company basis - in different countries and industries - to determine the best buying opportunities in stocks that may eventually gain recognition by the market. We believe the best research is conducted in person, and our investment professionals conduct over 1,600 site visits every year. Hence, undervalued companies are discovered through detailed analysis of financial and competitive positions as well as in-depth conversations with senior management.

Investment Process

At Templeton, investing is a long-term proposition. That's why the average time we hold a stock is five years or more. In selecting stocks, we examine a company's potential for earnings and growth over a five-year horizon, and constantly review and revise our tactics based on our long-term expectations.

Templeton builds portfolios by looking for individual companies around the globe, offering the best value. We are not guided by macroeconomic outlooks for particular industry sectors and countries, or by commodity price trends. Instead, by trading in the best companies we can find, we arrive at a mix of strong holdings across different industries and geographic regions. One of the most effective ways to reduce risk without sacrificing the potential of capital gains is to create a diversified portfolio of stocks, which comes as a direct result of our disciplined process of selecting quality, discounted companies.