Glossary
Glossary
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MSCI World Index . An index, weighted by market size, that approximates the performance of the worlds' stock markets. This index is unmanaged and is used as the benchmark for a number of the funds because it represents the universe of securities from which our analysts can choose. It should be stressed that Franklin Templeton Investments picks stocks based on value and not index weightings, thus the composition of our funds may not mirror that of the MSCI World Index.

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  This document is for general information only and is to the best knowledge of Franklin Templeton Investments at the date hereof, an accurate description of the present circumstances. However, you should contact your professional adviser as to the specific application of the matters referred to herein to your own circumstances.

 
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