Notification of changes to the underlying fund of Templeton BRIC
23 Sep 2025
Notification of changes to the underlying funds of:
- P58 Templeton BRIC
- H77 Templeton BRIC*
(together the “Affected Mirror Funds”)
We have been notified by Franklin Templeton Investment Funds (the “Company”) of upcoming changes to the underlying fund to the Affected Mirror Funds, which will take effect from 9 December 2025 (the “Effective Date”).
Removal of references to Russia in the investment policy, name and benchmark
In light of the current geopolitical situation in Russia, the Company has decided to remove all references of Russia from the investment policy, name and benchmark.
From the Effective Date, the underlying fund of the Affected Mirror Funds will be renamed as Templeton BIC Fund. Accordingly, the Affected Mirror Funds will also be renamed:
| Before the Effective Date | From the Effective Date |
|---|---|
| P58 Templeton BRIC | P58 Templeton BIC (USD) |
| H77 Templeton BRIC* | H77 Templeton BIC (USD)* |
Please refer to the Appendix opposite for details of the specific amendments which will be made to the underlying fund of the Affected Mirror Funds from the Effective Date.
The changes are solely for clarification purposes and to reflect the current portfolio composition of the underlying fund of the Affected Mirror Funds, as it is restricted from investing in Russian securities due to international economic sanctions. The changes will have no material impact on the the way the underlying fund is managed, its portfolio’s composition, risk profile or SRI nor on the fees charged. All other features of the underlying fund of the Affected Mirror Funds remain the same.
These changes will take effect automatically and policyholders do not need to take any action. We recommend that policyholders seek the advice of their usual financial adviser before making any investment decisions.
Should you have any questions regarding this change, please contact the Investment Marketing Team.
*Fund applicable to Hong Kong designated policyholders.
