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Morningstar

Templeton China World A TCWAX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 7.32  /  1.21 %
  • Total Assets 72.5 Mil
  • Adj. Expense Ratio
    1.750%
  • Expense Ratio 1.750%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category China Region
  • Investment Style Large Growth
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield —
  • Turnover 30%

USD | NAV as of Dec 01, 2023 | 1-Day Return as of Dec 01, 2023, 11:24 PM GMT+0

Morningstar’s Analysis TCWAX

Will TCWAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable TCWAX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the TCWAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of TCWAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in Templeton China World A's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings TCWAX

More TCWAX Holdings
  • Current Portfolio Date
  • Equity Holdings 37
  • Bond Holdings 0
  • Other Holdings 1
  • % Assets in Top 10 Holdings 57.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Tencent Holdings Ltd

14.92
11,266,683
Communication Services

Alibaba Group Holding Ltd Ordinary Shares

11.19
8,449,645
Consumer Cyclical

Meituan Class B

5.59
4,218,385
Consumer Cyclical

NetEase Inc Ordinary Shares

4.68
3,533,971
Communication Services

Ping An Insurance (Group) Co. of China Ltd Class H

4.63
3,494,353
Financial Services

Focus Media Information Technology Co Ltd Class A

3.79
2,859,519
Communication Services

WuXi Biologics (Cayman) Inc

3.43
2,590,830
Healthcare

ANTA Sports Products Ltd

3.27
2,470,458
Consumer Cyclical

China Merchants Bank Co Ltd Class H

2.89
2,181,691
Financial Services

Kweichow Moutai Co Ltd Class A

2.82
2,130,775
Consumer Defensive