FRANkLiN TEMPLETON INVESTMENT FUNDS - Citibank

PROSPECTUS OF FRANKLIN TEMPLETON INVESTMENT FUNDS
The Fund invests primarily in transferable equity securities as well as depository receipts of small cap
companies (i) which are incorporated in the Asia region, and/or (ii) which have their principal business
activities in the Asia region. The Asia Region includes but is not limited to the following countries:
Bangladesh, Cambodia, Hong Kong, India, Indonesia, Korea, Malaysia, People’s Republic of China,
Pakistan, Philippines, Singapore, Sri Lanka, Taiwan, Thailand and Vietnam. Furthermore, for the
purpose of the Fund’s investment objective, Asian small cap companies are those having a market
capitalisation at the time of the purchase of less than USD 2 billion.
In addition, since the investment objective is more likely to be achieved through an investment policy
which is flexible and adaptable, the Fund may also invest in other types of transferable securities,
including equity and fixed income securities of issuers worldwide.
Investments in Emerging Market countries and small size companies are subject to a higher degree of risk,
as described in the Section “Risk Considerations”.
The base currency of the Fund is U.S. dollar.
TEMPLETON BRIC FUND
The Fund’s investment objective is capital appreciation.
The Fund invests primarily in equity securities of companies (i) organised under the laws of or with their
principal office in Brazil, Russia, India and China (including Hong- Kong and Taiwan) (“BRIC”) 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.
Since the investment objective is more likely to be achieved through an investment policy that is flexible
and adaptable, the Fund may seek investment opportunities in other types of transferable securities,
including debt and fixed income securities and in money market instruments.
Investment in Emerging Market countries are subject to a higher degree of risk, as described more fully in
the section “Risk Considerations”.
The base currency of the Fund is U.S. dollar.
TEMPLETON CHINA FUND
The Fund’s investment objective is capital appreciation, which it seeks to achieve through a policy of
investing primarily in equity securities of companies (i) organised under the laws of or with their principal
offices in the People’s Republic of China (“China”), Hong Kong or Taiwan or (ii) which derive the principal
portion of their revenue from goods or services sold or produced, or have the principal portion of their
assets in China, Hong Kong or Taiwan.
The Fund may also invest in equity securities of companies (i) for which the principal market for the trading
of securities is China, Hong Kong or Taiwan or (ii) that are linked to assets or currencies in China, Hong
Kong or Taiwan.
Since the investment objective is more likely to be achieved through an investment policy that is flexible
and adaptable, the Fund may also seek investment opportunities in other types of securities such as preferred
stock, securities convertible into common stock, and corporate and government debt obligations which
are U.S. dollar and non- U.S. dollar denominated.
Investments in Emerging Market countries are subject to a higher degree of risk, as described in the section
“Risk Considerations”.
The base currency of the Fund is U.S. dollar.
22 Franklin Templeton Investment Funds